Crypto Prices Today Oct 26: BTC Backtracks To $66K, Altcoins Plunge In Sync

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As a seasoned analyst with years of experience navigating the turbulent waters of the cryptocurrency market, I must say that today’s price action has been a familiar sight. The bearish momentum sweeping across the market is nothing new to me, and I’ve seen it countless times before.

Today’s crypto prices have stirred pessimistic feelings worldwide among investors, initiating a trend of falling prices. Bitcoin (BTC) dropped to around $66,000, while Ethereum (ETH), Solana (SOL), and XRP saw a decrease of 3% to 6%. At the same time, the overall crypto market value decreased by 2.48% over the past day, settling at approximately $2.27 trillion. Conversely, the total market volume grew significantly by 45.66%, reaching $105.01 billion.

Below is a quick compilation of some prominent cryptocurrencies listed by market capitalization, along with their current prices as of October 26.

Crypto Prices Today: BTC, ETH, SOL, & XRP Prices Plummet

Today, I found myself bracing for a bearish trend in the broader crypto market, which has left me feeling rather uneasy. Bitcoin retreated to around $66K, while Ethereum dipped down to roughly $2,400. Interestingly, Solana (SOL) and Ripple (XRP) experienced more significant drops of 3%-6% over the past day. So, it seems prudent for me to delve deeper into today’s price movements of these top coins.

Bitcoin Price Today

Today, the price of Bitcoin dipped by almost 2%, now standing at $66,805. Its lowest and highest prices during the day were recorded as $65,521.79 and $68,722.16 respectively. Interestingly, Bitcoin is experiencing a downtrend in the larger market, but there has been an influx of approximately $402.08 million into Bitcoin ETFs up until October 25th. Additionally, Bitcoin’s market dominance rose by 0.47%, amounting to 58.31%. This suggests that other cryptocurrencies have experienced significant losses over the past day.

Ethereum Price Today

The chart for ETH shows a decrease of approximately 3% in the past day, with its current trading price being $2,449. Today’s lowest and highest prices were recorded at $2,381.45 and $2,563.73 respectively. It’s worth mentioning that Ethereum has been dropping in value, which coincides with outflows of approximately $19.16 million from spot ETH ETFs as of October 25, according to Sosovalye data. Today, Ethereum’s market cap stands at $295.12 billion. Additionally, Ethereum co-founder Vitalik Buterin has highlighted key points about Ethereum scaling, emphasizing the importance of the multichain client Helios. This development has attracted more focus towards Ethereum’s native cryptocurrency.

Solana Price Today

Right now, the price of SOL is dropping by about 5% for the day and can be purchased for around $165. Earlier today, its lowest and highest points were recorded at $160.04 and $177.00 respectively. Currently, Solana’s market capitalization stands at approximately $77.80 billion. The crypto seems to be following the overall downward trend of the broader market.

XRP Price Today

In the last 24 hours, the price of XRP dipped approximately 3%, now being traded at about $0.5109. Its lowest and highest points during the day were $0.4936 and $0.5289 respectively. The market capitalization of XRP today stands at around $29.03 billion.

Meme Coins Prices Today

Additionally, Dogecoin (DOGE) has seen a 4% decrease in value during the last 24 hours, currently trading at approximately $0.1337. The coin’s lowest and highest points within the day were $0.1285 and $0.1407 respectively.

As a researcher, I’ve observed that Shiba Inu (SHIB) experienced a 6% increase in price over the past day, with its current value at approximately $0.00001675. Throughout the day, the coin reached an intraday low of $0.00001605 and peaked at $0.00001785.

Even PEPE, WIF, and BONK prices slipped nearly 8% intraday, mirroring the broader market trend.

Top Crypto Gainers Prices Today

Monero

1 Monero’s price rose by approximately 0.5%, demonstrating a highly fluctuating trend throughout the previous day, with the current value sitting at $158.13. The lowest and highest points within this timeframe were $155.19 and $159.63 respectively.

Tether Gold

As a crypto investor, I observed that the price of XAUt (Gold) also experienced growth, climbing approximately 0.5% to reach $2,761 over the past day. The coin’s lowest point during the trading day was at $2,735.42, while its highest point was at $2,768.77.

Top Crypto Losers Prices Today

Wormhole

Over the last 24 hours, the price dropped by 12%, now sitting at $0.2385. Today’s lowest point was $0.2326, while the highest was $0.27.

Celestia

Today, the value of TIA plummeted by 15% during regular trading hours, currently standing at $5.27. Its lowest point over the past 24 hours was $5.13, while its highest point was $6.06.

Raydium

RAY price dropped roughly 11% in the past 24 hours and is now trading at $2.72. The coin’s intraday low and high were $2.66 and $3.08, respectively.

Apart from this, the hourly charts suggest that Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and Ripple (XRP) have experienced a modest increase in value, piquing investors’ interest about cryptocurrency prices for today, despite the recent downturn.

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2024-10-26 07:52