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Cryptocurrency Prices Today (October 23): Bitcoin (BTC) Holds $66K, Ethereum (ETH), Solana (SOL), and XRP Struggle to Gain Momentum

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Release: 2024-10-23 16:02:26
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The broader market on Wednesday illustrated mixed price actions, setting off waves of speculation among market watchers globally.

Cryptocurrency Prices Today (October 23): Bitcoin (BTC) Holds K, Ethereum (ETH), Solana (SOL), and XRP Struggle to Gain Momentum

POPCAT and BEAM emerged as the day’s top gainers, defying the broader crypto market trend.

On the other hand, the global crypto market cap dipped 0.95% to $2.31 trillion today. Further, the total market volume witnessed a 17% decline in value to $70.75 billion. Here’s an overview of some of the top cryptocurrencies by market cap and their price action today.

The top coins’ prices today have struggled to gain an upside movement, raising market concerns globally. While BTC price moved along the $66K level, ETH held the $2,600 mark. Simultaneously, SOL and XRP prices dipped 0.5%-2% over the past day. Let’s dig deeper into the coins’ prices today.

BTC price chart indicated a 0.5% drop in value over the past day and is currently trading at $66,960. The coin’s intraday low and high were recorded as $66,612.02 and $67,801.58, respectively. BTC’s market cap rested at $1.32 trillion today. Besides, the flagship crypto’s market dominance increased by 0.16% over the past day to 57.30%. However, it’s also noteworthy that the coin faces turbulence against the backdrop of $79.09 million worth of outflows in spot Bitcoin ETFs yesterday. Simultaneously, BTC whale activity saw a substantial rise over the past day, per Whale Alert data, adding to intrigue surrounding the coin.

ETH price chart illustrated a roughly 1% decline in value and is currently sitting at $2,607. The crypto’s intraday low and high were $2,600.99 and $2,657.21, respectively. Notably, spot Ethereum ETFs registered $11.94 million worth of inflows as of October 22, per Sosovalue data. Nevertheless, the coin wanes in line with the broader market trend. ETH’s market cap was evaluated as $314.16 billion today.

Meanwhile, SOL price slipped nearly 0.5% at press time and was trading at $165 today. The coin’s intraday low and high were $163.82 and $170.76, respectively. Solana’s market cap rested at $77.78 billion today. The coin encounters turbulence in tandem with Pump Fun’s recent 40,000 SOL dump.

Simultaneously, XRP price chart showcased a 2% dip in value and the coin trading at $0.531 today. Its intraday low and high were $0.5303 and $0.5488, respectively. XRP’s market cap stood at $30.11 billion today. Simultaneously, Whale Alert data indicated Ripple moved millions of XRP recently, adding to market speculations surrounding the asset.

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