BTC Backtracks To $61K, Altcoins Mimic Volatility

The cryptocurrency prices today have once again sparked a tidal wave of speculation among market watchers globally. Bitcoin (BTC) price waned to the $61K level today, whereas Ethereum (ETH), Solana (SOL), and XRP prices followed with a turbulent action. Notably, EigenLayer (EIGEN) and FTX Token (FTT) emerged as the day’s top gainers today.

Nevertheless, the total crypto market cap slipped 3.46% to $2.17 trillion. Besides, the total market volume surged 44.09% to $115.97 billion today. Here’s a brief collection of some of the top cryptocurrencies by market cap and their price action today.

Cryptocurrency Prices Today: BTC, ETH, SOL, XRP Face Turbulence

While BTC price slipped to the $61K level today, ETH price waned below the $2,500 level. Simultaneously, SOL and XRP prices have increased 3%-5% in the past 24 hours. Simultaneously, EIGEN and FTT emerged as the day’s top gainers, rising slightly over 8% over the past day. Here’s a closer look into some of the major coins’ prices today.

Bitcoin Price Today

BTC price rested at $61,867, down nearly 3% in the past 24 hours. The coin’s intraday low and high were recorded as $60,189.28 and $64,110.98, respectively. The coin’s slumping action today comes against the backdrop of a whopping $242.53 million outflows in Bitcoin ETFs as of October 1, per Sosovalue data. Nonetheless, Bitcoin’s dominance over the past day saw a 0.4% increase to 56.31%. Further, the flagship coin’s market cap rested at $1.22 trillion today. The coin currently rides a bearish wave across the broader market despite sentiments of an ‘uptober’ rally brimming up.

Ethereum Price Today

ETH price today dipped over 5% in the past 24 hours and is currently trading at $2,491. The coin’s intraday low and high were recorded as $2,415.08 and $2,657.62, respectively. Ethereum’s market cap rested at $299.88 billion today. Meanwhile, spot Ethereum ETFs recorded $48.52 million in outflows, aligning with the coin’s tumbling movement in the past 24 hours.

Solana Price Today

The crypto SOL witnessed a 5% decline in value to reach $147 today. Its intraday low and high were recorded as $142.84 and $157.26, respectively. Solana’s market cap rested at $68.94 billion today. The coin currently follows the broader market trend.

XRP Price Today

Simultaneously, the Ripple-backed crypto today dropped over 3% in the past 24 hours to reach $0.6019. The coin’s intraday low and high were recorded as $0.5843 and $0.6336, respectively. XRP’s market cap rested at $34.01 billion today.

Meme Coins Performances Today

Meanwhile, even the meme coins sector followed the broader market movement. Dogecoin (DOGE) price noted an 8% fall in value to reach $01079 today. Similarly, Shiba Inu (SHIB) price slipped slightly over 8% in the past 24 hours to $0.00001678.

Even PEPE, WIF, and BONK prices cracked 2%-9% over the past day.

Top Cryptocurrency Gainers Prices Today

FTX Token

FTT price surged nearly 13% in the past 24 hours and is currently trading at $2.15. The coin’s intraday low and high were recorded as $1.82 and $2.43, respectively.

EigenLayer

EIGEN price pumped slightly over 10% in the past 24 hours and is currently trading at $4.09. The coin’s 24-hour low and high were recorded as $3.52 and $4.53, respectively.

Wormhole

W price soared nearly 4% in the past 24 hours and is currently trading at $0.3208. The coin’s intraday lows and highs were $0.2787 and $0.3222, respectively.

Top Cryptocurrency Losers Prices Today

Starknet

STRK price tanked nearly 15% over the past day and is currently trading at $0.3931. The coin’s intraday low and high were recorded as $0.3852 and $0.4672.

Injective

INJ price cracked nearly 14% over the past day and is currently trading at $20.99. Its 24-hour low and high were recorded as $20.40 and $24.60, respectively.

Arweave

AR price also slipped nearly 14% in the past 24 hours and is currently trading at $19.72. The coin’s intraday low and high were recorded as $18.99 and $23.69, respectively.

Besides, the hourly time frame charts raised further investor concerns over the crypto prices today. BTC price slipped 0.29%, whereas ETH price fell 0.28% in the interim.

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Coingape Staff

CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.

Source: https://coingape.com/cryptocurrency-prices-on-oct-2-btc-backtracks-to-61k-altcoins-mimic-volatility/