Cryptocurrency Prices Today Oct 29: BTC Tops $71K, Major Altcoins & Meme Coins Soar

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As a seasoned researcher with over a decade of experience in the dynamic world of finance and cryptocurrencies, I find today’s market trends intriguing. The optimistic wave sweeping across the broader crypto market, with Bitcoin breaking the $71K barrier, is indeed reminiscent of the dot-com bubble days.

Today’s cryptocurrency prices are sparking positive ripples throughout the wider market, as they surge on a significant upward trajectory. Bitcoin (BTC) made a striking move to surpass $71K, while Ethereum (ETH), Solana (SOL), and XRP predominantly traded in the green sector. Meanwhile, the meme coin sector is experiencing impressive growth, mirroring the overall market trend.

Additionally, it’s worth noting that the overall value of the global crypto market experienced a notable boost of around 4.5%, reaching an impressive figure of $2.41 trillion. Furthermore, the total trading volume underwent a significant surge of approximately 102.14%, amounting to $97.61 billion. Here’s a quick rundown of some prominent cryptocurrencies based on their market cap and their price movements on October 29.

Cryptocurrency Prices Today: BTC, ETH, SOL, and XRP Soar

Today, Bitcoin’s price soared to reach over $71K, while Ethereum maintained its position above $2,600. At the same time, Solana (SOL) and Ripple (XRP) experienced moderate growth between 1%-3%. Interestingly, Dogecoin (DOGE) and Shiba Inu (SHIB) saw significant increases of 16% and 8%, respectively. Let’s delve deeper into the price movements of these major cryptocurrencies today.

Bitcoin Price Today

BTC price surged nearly 5% in the past 24 hours and is now trading at $71,036. The coin’s intraday low and high were recorded as $67,535.13 and $71,475.47, respectively. Further, the flagship crypto’s pumping movement falls in with $479.35 million worth of inflows in spot Bitcoin ETFs as of October 28. Also, BTC’s market cap rested at $1.4 trillion today. Meanwhile, the coin’s market dominance saw a 0.31% increase, reaching 58.52% at press time.

Ethereum Price Today

In just 24 hours, the price of Ethereum (ETH) increased by approximately 5% and is currently being exchanged at around $2,607. The lowest and highest prices in the past day were $2,471.76 and $2,627.13 respectively. According to Sosovalue data, there was a net outflow of about $1.14 million from ETH spot Exchange Traded Funds (ETFs) yesterday. However, this did not deter Ethereum’s impressive surge, generating optimism among investors. The market cap of Ethereum today is estimated at around $313.94 billion.

Solana Price Today

The cost of the cryptocurrency Solana experienced a nearly 4% boost, reaching a current trading price of approximately $182. Its intraday low and high were marked at $172.87 and $181.88 respectively. Today, Solana’s market capitalization stood at around $85.59 billion. As per a recent report from CoinGape Media, the coin might aim for a future price target of $400 as large investors (whales) are accumulating Solana heavily.

XRP Price Today

Over the past 24 hours, the price of XRP increased by 2%, currently trading at around $0.5236. Its lowest and highest points during the day were $0.5114 and $0.5255 respectively. Today, the market capitalization of XRP stood at approximately $29.75 billion. This increase in price can be attributed to significant activity by XRP ‘whales’ (large investors or holders).

Meme Coins Performance Today

Today, Dogecoin (DOGE) experienced a significant increase of approximately 15%, bringing its current trading price to $0.1668. In a similar trend, Shiba Inu (SHIB) saw an 8% jump in value and is now being traded at $0.00001835. Over the past day, Pepe Coin (PEPE), dogwifhat (WIF), and POPCAT prices surged between 6% and 17%, mirroring the overall market trend.

Top Cryptocurrency Gainers Prices Today

Mog Coin

Yesterday, the price of MOG experienced a significant jump of around 15%, currently standing at approximately $0.000001931. Throughout the day, its lowest and highest points were marked at $0.000001661 and $0.000001962 respectively.

THORChain

Today, the value of RUNE climbed significantly, reaching $6.14 – an increase of approximately 16%. Throughout the day, its lowest and highest points were $5.26 and $6.19 respectively.

Bitcoin SV

BSV price also followed, rising 15% over the past day to reach $52.35. The coin’s intraday low and peak were evaluated as $45.16 and $52.25, respectively.

Top Cryptocurrency Losers Prices Today

MANTRA

Today, the value of OM temporarily dropped by 2.5% to $1.37 during regular trading hours. Its lowest point was $1.34, while the highest point reached was $1.42.

Celestia

In the last 24 hours, the value of TIA decreased by approximately 1%, currently being traded at $5.06. Its lowest and highest prices during this period were $4.79 and $5.23, respectively.

ApeCoin

APE price dropped nearly 0.5% in the past 24 hours and is now trading at $1.08. The coin’s intraday low and high were recorded as $0.9967 and $1.08, respectively.

In addition, the one-hour price trends indicated a mix of behaviors, fueling curiosity among investors about the current value of cryptocurrencies. The price of Bitcoin dropped by 0.21%, while Ethereum rose by 0.08%, creating conflicting feelings within the market.

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2024-10-29 07:44