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Cryptocurrency News Articles
Bitcoin Slips to $60.8K as Ethereum, Solana, and Major Coins See Declines
Oct 10, 2024 at 01:30 pm
The cryptocurrency market has exhibited some fluctuations over the day, and most of the major coins drop a couple of percentages on average.
The cryptocurrency market exhibited some fluctuations on Monday, with most of the major coins showing a couple of percentage declines on average.
Here's a closer look at the top cryptocurrencies by market capitalization:
Bitcoin (BTC) dropped by 2.42%, but it still trades above the $60K level.
Bitcoin is currently priced at $60,850.68 with a 24-hour volume of $29.10 billion. Bitcoin's market cap is 1.20 trillion.
Ethereum (ETH), which supports smart contracts, also fell by 2.00%.
Ethereum is currently priced at $2,395.87 with a 24-hour volume of $14.54 billion. Ethereum's market cap is 288.42 billion.
BNB (BNB), the native coin of Binance, fell by 1.59%.
BNB is currently priced at $569.95 with a 24-hour volume of $826.33 million. BNB's market cap is 83.15 billion.
Solana (SOL), which is known for its capacity for fast exchanges, decreased by 2.55%.
Solana is currently priced at $140.07 with a 24hr volume of $1.98 billion. Solana's market cap is 65.74 billion.
XRP (XRP), which is applied in cross-border remittances, dropped by 1.01%.
XRP is currently priced at $0.52793179 with a 24hr volume of $928.38 million. XRP's market cap is 29.90 billion.
Dogecoin (DOGE), the popular meme coin, declined by 0.77%.
Dogecoin is currently priced at $0.10805525 with a 24hr volume of $740.68 million. Dogecoin's market cap is 15.81 billion.
Tron (TRX), which is known for decentralized applications, dropped by 0.31%.
Tron is currently priced at $0.15938767 with a 24-Hour Volume of $427.98M. Tron's market cap is 13.80B.
Toncoin (TON) dropped by 2.21%.
Toncoin is currently priced at $5.10 with a 24-Hour Volume of $253.77M. Toncoin's market cap is 12.93B.
Cardano (ADA), which is known for its research orientation, decreased by 1.73%.
Cardano is currently priced at $0.33994265 with a 24-Hour Volume of $293.20M. Cardano's market cap is 12.14B.
Avalanche (AVAX) is another smart contract platform that decreased by 1.40%.
Avalanche is currently priced at $25.99 with a 24-Hour Volume of $336.68M. Avalanche's market cap is 10.57B.
Overall, the cryptocurrency market sees a slight drop today. Most major coins are in red, which could be influenced by different factors, ranging from positive market sentiment, news regarding regulatory entities, to macroeconomic trends. Hence, investors should be paying closer attention to such phenomena and reflecting such circumstances in their investment decisions.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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