COINTURK NEWSCOINTURK NEWSCOINTURK NEWS
  • Real-Time News Feed
  • Bitcoin
  • Altcoin
  • Ethereum
  • Technology News
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Search
© 2024 COINTURK NEWS. All Rights Reserved.
Reading: Cryptocurrency Market Suffers Decline as Bitcoin and Altcoins Drop
Share
Languages
  • TürkçeTürkçe
  • EspañolEspañol
Font ResizerAa
COINTURK NEWSCOINTURK NEWS
Font ResizerAa
Search
  • Real-Time News Feed
  • Bitcoin
  • Altcoin
  • Ethereum
  • Technology News
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Follow US
© 2025 BLOCKCHAIN Information Technologies. >> COINTURK NEWS
Powered by LK SOFTWARE
COINTURK NEWS > Cryptocurrency News > Cryptocurrency Market Suffers Decline as Bitcoin and Altcoins Drop
Cryptocurrency News

Cryptocurrency Market Suffers Decline as Bitcoin and Altcoins Drop

In Brief

  • Bitcoin price drops to around $69,000, impacting market confidence.

  • Investments in Bitcoin and Ethereum ETFs show significant interest.

  • Market volatility encourages investors to adapt their strategies.

İlayda Peker
İlayda Peker 6 months ago
Share
SHARE

Today, the cryptocurrency market presents a complex scenario. The price of Bitcoin (BTC) $103,153 has fallen to around $69,000. Leading altcoins such as Ethereum (ETH) $2,339, Solana $172 (SOL), and XRP continue to trade in the red. While the global cryptocurrency market capitalization decreased by 3.76%, reaching $2.34 trillion, the total market volume increased by 5.29% to $92.45 billion.

Contents
Bitcoin and Altcoin Price DropsETF Flows and Market Trends

Bitcoin and Altcoin Price Drops

Bitcoin lost 4% of its value over the past 24 hours, closing the day at $69,289. Ethereum’s price dropped to $2,498, while Solana and XRP experienced declines between 1% and 5%. Notably, Celestia (TIA) saw significant gains, becoming the highest-performing cryptocurrency despite the overall market downturn.

Among the cryptocurrencies that showed the most significant increases today were Celestia, Kaia, and Maker. Conversely, Immutable, dogwifhat, and BRETT were the largest decliners. Celestia rose by 5% to $4.89, while Immutable fell by 13% to $1.17.

Meme coins like Dogecoin $0.205357 and Shiba Inu also faced losses. Other meme coins such as PEPE, WIF, and POPCAT followed suit, declining between 4% and 8%.

ETF Flows and Market Trends

Investments in spot Bitcoin and Ethereum ETFs have gained attention. As of October 31, $32.14 million has been invested in Bitcoin ETFs and $13.06 million in Ethereum ETFs. Additionally, ETF applications for Solana are currently under review by the U.S. Securities and Exchange Commission (SEC).

In recent hourly charts, Bitcoin has seen a 0.13% increase, while Ethereum rose by 0.19%. These slight upticks are directing investors toward short-term movements.

Volatility in the cryptocurrency market compels investors to consider uncertainties. This period necessitates a reevaluation of strategies, with careful attention to volatility being essential. Price movements of major cryptocurrencies are viewed as key factors influencing overall market sentiment.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

You Might Also Like

US Makes Bold Moves in Tariff Negotiations Sparking Crypto Market Surge

Cryptocurrencies Rise While CAPO Warns of Key Market Levels

Crypto Expert Unveils Insights into Bitcoin’s Rising Tide

Bitcoin Investment Surge Captivates Institutional Attention

Crypto Market Surges as Bitcoin and Ethereum Break Key Levels

İlayda Peker 1 November, 2024 - 8:35 am 1 November, 2024 - 8:35 am
Share This Article
Facebook Twitter
Share
İlayda Peker
By İlayda Peker
Follow:
Uluslararası İlişkiler ve Siyaset Bilimi Mezunu, Kitap sever.
Previous Article Benjamin Cowen Analyzes Ethereum’s Position Against Bitcoin
Next Article VanEck Expands into Web3 Gaming with Investment in Gunzilla Games
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Stay Connected

8.1k Like
21.1k Follow
1.1k Follow

Latest News

Trump Invites Key Figures to the 2025 Bitcoin Conference
Bitcoin (BTC)
US Makes Bold Moves in Tariff Negotiations Sparking Crypto Market Surge
Cryptocurrency News
Ethereum Surges After Major Update: What it Means for Crypto Markets
Ethereum (ETH)
Cryptocurrencies Rise While CAPO Warns of Key Market Levels
Cryptocurrency News
//

COINTURK was launched in March 2014 by a group of technology enthusiasts who believe that Bitcoin will be as important as the internet in the world of the future thanks to the amazing technology underlying it.

CRYPTOCURRENCY LIVE PRICES

  • Bitcoin (BTC) Live Price
  • Ethereum (ETH) Live Price
  • Ripple (XRP) Live Price
  • Solana (SOL) Live Price
  • Dogecoin (DOGE) Live Price
  • Cardano (ADA) Live Price
  • Chainlink (LINK) Live Price

OUR PARTNERS

  • COINMARKETCAP
  • COINGECKO
  • BITCOINHABER
  • BH NEWS
  • 21MILYON
  • NEWSLINKER

OUR COMPANY

  • About Us
  • Cookie Policy
  • Advertising
  • Contact
COINTURK NEWSCOINTURK NEWS
Follow US
© 2025 BLOCKCHAIN Information Technologies. >> COINTURK NEWS
Powered by LK SOFTWARE
Welcome Back!

Sign in to your account

Lost your password?