Cryptocurrency News Today: The crypto space has risen positively over the previous day, the upward momentum has resulted in a 1.64% increase in market cap to $2.16 Trillion. While the intraday trading volume saw an 18.35% drop with numbers at $66.09 billion, investor sentiments moved from fear to neutral, with the Fear & Greed Index holding at 41. Amidst the positive shift, BTC price rose to $62k levels, and Popcat (SOL) memecoin hit its ATH.
Bitcoin Price Update: BTC Price Reclaims $62k, will This Be Short-lived?
Bitcoin has shown resilience against market volatility, with a 1.55% increase in price, pushing it to $62,073.29. Although the 24-hour trading volume took a 20.75% dip, the stability of BTC hints at the potential for gains. A positive momentum could take the price to the $63k mark in the next 24 hours.
Curious about BTC’s future price targets? Our Bitcoin Price Prediction answers that and much more!
Altcoin Prices Today: Ethereum Remains Steady, Popcat (SOL) Hits All-time High!
Ethereum has followed Bitcoin’s suit, climbing 1.39% to change hands at $2,406.49. Its solid performance reflects broader stability in the market. In the meantime, Solana (SOL) steals the spotlight with an impressive 3.43% jump, landing at $142.29, positioning itself as one of the top-performing altcoins today.
Interested in the long-term price targets of ETH? Read our Ethereum Price Prediction
XRP has increased by 0.50%, making it worth $0.5298 as it continues its steady rise. Although a modest increase, XRP’s consistent upward trend hints at a potential for continued growth in the coming days.
Top Gainers:
Popcat (POPC) leads today’s gainers, skyrocketing 20.77% to its new all-time high of $1.18. Bittensor (TAO) follows with a 15.01% increase, trading at $579.26, while Wormhole (WORM) posted a 13.71% rise to $0.3583.
Top Losers:
On the downside, Stacks (STX) dropped 2.21% to $1.82, Kaspa (KAS) dipped 1.30% to $0.1478, and Flare (FLR) saw a slight decline of 1.11%, now priced at $0.01564.
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Source: https://coinpedia.org/news/crypto-price-today-oct-5th-2024-btc-price-rises-to-62k-popcat-sol-hits-all-time-high/