The cryptocurrency market saw notable activity today, with leading coins stabilizing and preventing further downside. Bitcoin (BTC) held above $68,000, while Ethereum (ETH), Solana (SOL), and XRP traded in positive territory. The global crypto market cap increased 0.8% to $2.35 trillion over the past 24 hours, though trading volume dipped 3.5% to $73.06 billion. The Sandbox (SAND) emerged as the top gainer, spearheading broader market gains.
Here’s a breakdown of how major cryptocurrencies are performing as of October 19:
Bitcoin Price
BTC gained 1% to trade at $68,480, with a 24-hour range of $67,521.21 to $68,969.75. Its market cap stands at $1.35 trillion, though its market dominance slipped 0.14% to 57.58%. Bitcoin ETFs saw $273.71 million in inflows on October 18.
Ethereum Price
ETH rose over 1% to $2,648, ranging between $2,608.31 and $2,674.37 intraday. Its market cap is $318.74 billion. Ethereum ETFs recorded $1.91 million in inflows on October 18. Large ETH transfers to Coinbase were noted in the past day.
Solana Price
SOL increased nearly 1.5% to $154, with a daily range of $151.84 to $156.54. Its market cap is $72.69 billion.
XRP Price
XRP gained almost 1% to $0.5479, fluctuating between $0.5424 and $0.5524. Its market cap is $31.06 billion.
Meme Coin Performance
Dogecoin (DOGE) surged 9% to $0.1448. Shiba Inu (SHIB) rose nearly 3% to $0.00001924. Other meme coins like Pepe Coin (PEPE), dogwifhat (WIF), and Bonk saw 0.5%-5% gains.
Top Gainers
The Sandbox (SAND): Up 12% to $0.2933
Axie Infinity (AXS): Gained 12% to $5.24
Ondo (ONDO): Increased 11% to $0.8026
Top Losers
Celestia (TIA): Down 3% to $6.07
Cat in a dogs world (MEW): Fell 3% to $0.00912
Bittensor (TAO): Dropped 2% to $582.69
Short-term price action shows BTC down 0.05% and ETH down 0.29% in the past hour, sparking some market concern. Overall, the crypto market is seeing mixed performance across major assets and altcoins.
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