Cryptocurrency prices were in the red with Bitcoin (BTC), Ethereum (ETH), and other altcoins falling on Saturday morning. Today’s most trending crypto was Frontier (FRONT), which is a decentralised finance (DeFi) aggregator.
Bitcoin (BTC) was down by 2.37 per cent, Ethereum (ETH) fell 1.77 per cent, and Solana was down by 2.2 per cent. Ripple (XRP) was the top gainer with 6.29 per cent gains.
Cryptocurrency prices were in the red with Bitcoin (BTC), Ethereum (ETH), and other altcoins falling on Saturday morning. Today’s most trending crypto was Frontier (FRONT), which is a decentralised finance (DeFi) aggregator.
The crypto market cap fell about 1.28 per cent to $946.58 billion but its trading volume was down by 6.62 per cent to $51.87 billion, according to data from Coinmarketcap.com at 8.30 am.
Today’s top gainer was Ripple (XRP); it was up 6.29 per cent at $0.5186. The top loser was Reserve Rights (RSR), which was trading at $0.008075 with a 10.97 per cent decrease in the last 24 hours to Saturday morning.
Bitcoin: BTC fell 2.37 per cent to $19,532.37.
BTC could not sustain trading at $20,000 levels and gave up sometime around 5.54 pm on October 8 and crashed down to $19,592 and even lower within a span of 40 minutes. BTC has still not yet recovered its earlier price levels and continues to trade near its intraday’s lowest price point.
Its lowest intraday trading price was $19,395.79, while its volume was down by 9.57 per cent at $28,724,800,359.
Ethereum: Ethereum’s price fell 1.77 per cent to $1,333.41 in the last 24 hours to Saturday morning.
Like BTC, ETH too came crashing down from $1,356 price levels to around $1,329 price levels sometime around 6 pm on October 8. However, around 8.29 pm, there was an unsuccessful attempt by ETH buyers to lift its price and at that moment the price managed to recover to $1,345 levels too. But ultimately ETH succumbed to high selling pressure and as a result its price fell even lower.
The lowest price for ETH was $1,321.75. ETH’s trading volume was up by 0.87 per cent at $10,982,955,980.
Other Altcoins: Solana’s (SOL) price was down by 2.2 per cent at $32.90 today.
Ripple (XRP) was up by 6.29 per cent at $0.5186 and its 24-hour trading volume was up by 36.78 per cent at $2,609,906,826.
Cardano (ADA) fell 0.85 per cent to $0.4248. Cardano’s 24-hour trading volume rose 5.64 per cent to $416,906,979.
Binance (BNB) was down by 1.7 per cent to $281.16. Its 24-hour trading volume was down by 13.14 per cent at $895,903,120.
Dogecoin (DOGE) fell 1.78 per cent at $0.06236. Its 24-hour trading volume was down by 17.05 per cent at $302,596,087.
Shiba Inu was down by 0.65 per cent to $0.00001114.
Yearn.Finance (YFI) fell 1.07 per cent to $8,112.60. Its 24-hour trading volume was down by 7.44 per cent at $18,014,603.
Avalanche (AVAX) was down by 0.77 per cent at $16.97 and its 24-hour trading volume was down by 7.98 per cent at $157,366,303.
Aave (AAVE) was trading with a loss of 2.52 per cent at $75.91 and its 24-hour trading volume was down by 11.57 per cent at $78,713,825.