Crypto Market Today (Oct 28th, 2024): BTC Price at $67k | Dogecoin Makes Waves

The post Crypto Market Today (Oct 28th, 2024): BTC Price at $67k | Dogecoin Makes Waves appeared first on Coinpedia Fintech News

The cryptocurrency market is in a steady position, with a modest rise of 0.52% over the past 24 hours to claim a $2.29 trillion market cap. The market sentiment displayed a neutral score of 54 on the Fear & Greed Index. Successively, the 24-hour trading volume rose by 4.26% to $49.81 billion.   

Bitcoin Price Today: Will BTC Aim for Higher Levels?

Bitcoin price showed stability over the previous day, edging up 0.86% to reach $67,649.50 during Asian hours today. Bitcoin ETFs posted an impressive $997.70 million worth of inflows in the past week. Bitcoin’s ongoing strength fuels optimism for further gains, as investors look for signs that BTC might soon test higher resistance levels.

Wondering what’s next for BTC? Read our Bitcoin Price Prediction for insights!

Altcoin Action: Solana Gains as XRP Pauses

Solana (SOL) took the limelight among altcoins, growing by 1.51% to $174.91, showing solid momentum amid market stability. Ethereum (ETH) followed with a small increase of 0.20%, bringing its price to $2,481.54, while XRP (XRP) remained relatively stable, dipping slightly by 0.35% to $0.5125. 

Curious about Ethereum’s 2024 outlook? Our Ethereum Price Prediction has all the answers!

Top Gainers:

Mantra (OM) emerged as the front-runner, surging 10.80% to $1.41. Dogecoin (DOGE) also impressed, climbing 4.51% to reach $0.1443. ORDI followed, adding 3.63% to $33.08. These double-digit gains highlight the growing investor interest in high-volatility assets within the crypto market.

Top Losers:

Conversely, MEW saw the steepest decline among the top 100, falling 6.89% to $0.009465. SUI and MOG followed, down 6.70% and 5.69%, respectively, as they experienced a short-term pullback.

While Bitcoin and meme coins grab attention, altcoins like Solana show promise, leaving investors eagerly watching market signals for further trends. Stay tuned as the crypto market continues to evolve daily.