Crypto Market Today: Bitcoin Dips to $63k Zone, Ethereum Reverses Course to Trade at $2.6k, RENDER Token Registers Gains

The market's crypto prices showed mixed trading patterns in the early Asian trading hours today. The largest crypto by trade volume, Bitcoin dipped

The market’s crypto prices showed mixed trading patterns in the early Asian trading hours today. The largest crypto by trade volume, Bitcoin dipped to the $63k zone after reaching a high of $64,610 earlier. As investors continue to hope for a bullish outbreak, the broader market has reflected mixed trading patterns, with most coins in the red territory and others in green.

As investors’ sentiment slides to ‘neutral’ on the crypto fear and greed index, the total crypto market valuation dropped by 0.60% to rest at $2.26 trillion at the time of writing. The AI crypto market, which includes coins like Near Protocol, Render, Bittensor, and FET, has also shown mixed trading signals. Below is an overview of how the top coins have reacted in the last 24 hours.

Top Crypto Prices Today

The price of Bitcoin exhibited volatility today amid market optimism. The flagship coin traded at $63,984 when writing, indicating a 0.68% drop in the last 24 hours. According to on-chain data, Bitcoin touched the low and high of $62,969.58 and $64,662.59 respectively, with a one-day trading volume of $35.2 billion.

Interestingly, the price decline comes amid a significant inflow of $61.30 million into Bitcoin ETFs as of September 30, per Soso Value data. It is important to note that the Japanese publicly traded company, Metaplanet announced that it had acquired additional Bitcoins today, to the tune of 107.91 BTC, valued at 1 billion yen ($6.9 million).

Meanwhile, the leading altcoin, Ethereum, has reversed its course today. The price of ETH spiked by 0.65% at press time to change hands at $2,645. Additionally, Ethereum has moved between the range of $2,581.66 and $2,652.65 respectively in one day.

Moreover, its 24-hour trading volume also recorded an upsurge of 35.38% to $17.7 billion. However, Ethereum ETFs recorded outflows of $822.29k as of September 30.

Other Altcoin Prices

Solana dropped in the last 24 hours. SOL price declined by 0.70% and changed hands at $156.67. Solana’s one-day low and high reached $151.62 and $157.10 respectively. Notably, the SOL’s market cap reached $73.3 billion at the time of writing.

Similarly, the XRP price slipped by 2.78% in the past 24 hours to trade at $0.6437. The coin moved between the bottom and peak of $0.6107 and $0.6519, respectively. Lastly, XRP’s market cap rested at $35.5 billion today.

Binance Coin (BNB) declined marginally at the time of writing. The Binance native coin lost 0.10% of its value to reach $581.64 and maintained a 24-hour trading range of $564.88 and $582.46 respectively. The TRX price spiked by 0.90% to trade at $0.1565 with a 24-hour trading range of $0.1544 and $0.1568 respectively.

Meanwhile, the AI crypto market has shown a mixed trading pattern over the last 24 hours. One of the notable coins in this category is the Render (RENDER) token. The recently upgraded coin has seen impressive gains over the last seven days, surging by 7.88%, and by 30.68 within the last 30 days.

Though the momentum looks to be fading, RENDER has managed to position as one of the coins registering gains at the time of writing. CoinMarketCap data show that RENDER gained 0.28% at press time to trade at $6.67. Notably, its 24-hour trading volume spiked by 4% to $336 million suggesting increasing activities among traders and investors.

The memecoin market also showed varied movements today. The Dogecoin price dropped by 3.51% to reach $0.1186 today. Also, Shiba Inu, the second-largest memecoin, plummeted by 1.45% to $0.00001851. PEPE increased by 0.44% while Dog Wif