Crypto Market Update: October 1

The cryptocurrency market experienced mixed price action on Tuesday, with investors closely watching key assets. Bitcoin (BTC) retreated to the $63,000 level after recently touching $66,000. Other major cryptocurrencies like Ethereum (ETH), Solana (SOL), and XRP also faced volatility. However, Bittensor (TAO) and SUI bucked the trend, posting gains of nearly 10% over the past 24 hours.

The global crypto market cap dipped 0.77% to $2.25 trillion, while total trading volume surged 38.6% to $80.68 billion. Here’s a breakdown of how top cryptocurrencies performed:

Bitcoin (BTC): $63,579, down 1%
24h range: $62,873 – $64,701
Market cap: $1.26 trillion
BTC dominance: 55.93%

Japan’s Metaplanet added 107.91 BTC to its holdings, potentially signaling an upcoming “Uptober” rally.

Ethereum (ETH): $2,631, up 0.15%
24h range: $2,576 – $2,643
Notable ETH whale transfers to Coinbase detected

Solana (SOL): $155, down 0.7%
24h range: $151.78 – $157.62
Market cap: $72.59 billion

XRP: $0.623, down 3%
24h range: $0.611 – $0.6524
Market cap: $35.24 billion
1 billion XRP unlocked from Ripple escrow

Meme Coins:
Dogecoin (DOGE): $0.1176, down 4%
Shiba Inu (SHIB): $0.0000183, down 2%
dogwifhat (WIF) and FLOKI: Up 3-4.5%

Top Gainers:
Bittensor (TAO): $605.86, up 9%
SUI: $1.91, up 10%
Injective (INJ): $24.56, up 8%

Top Losers:
JasmyCoin (JASMY): $0.02223, down 5%
Celestia (TIA): $5.65, down 5%
Pepe Coin (PEPE): $0.00001082, down 4%

Short-term charts show some upward momentum, with BTC and ETH gaining 0.26% and 0.17% respectively in the past hour. Investors remain cautiously optimistic about potential price rallies heading into October.