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Crypto Investors Worried: BTC Pulls Back, Altcoins in the Red!

Kripto Yatırımcıları Endişeli: BTC Geri Çekildi, Altcoinler Kırmızıda!
Kripto Yatırımcıları Endişeli: BTC Geri Çekildi, Altcoinler Kırmızıda!
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Today, the fluctuations in the crypto market confused investors again. In particular, Bitcoin (BTC) fell back to the $ 69,000 level, while Ethereum (ETH), Solana (SOL) and XRP remained in the red zone. Moreover, the total value of the crypto market decreased by 3.76% to $ 2.34 trillion. Despite this, it was noteworthy that the transaction volume increased by 5.29% to $ 92.45 billion. As Kriptokoin.com , we are examining the current outlook of the market.

Leading Crypto Bitcoin and Ethereum Prices Today

First of all, Bitcoin is trading at $69,289, down 4% in the last 24 hours. It saw a low of $68,779.70 and a high of $72,662.31 during the day. However, BTC’s market value today is $1.37 trillion. Moreover, while Bitcoin’s dominance has fallen to 58.84%, $32.14 million inflows into spot Bitcoin ETFs as of October 31 have created excitement among investors. However, the volatile trend of the market cannot be ignored.

Crypto Investors Worried: BTC Pulled Back, Altcoins in the Red!

Ethereum , similarly, could not escape the downtrend. The ETH price fell to $2,498 with a loss of nearly 6%. More importantly, Ethereum’s lowest price during the day was $2,467.82, while its highest price was $2,656.45. Moreover, Ethereum’s market value was recorded as $301.37 billion. On the other hand, spot Ethereum ETFs received $13.06 million inflows yesterday. Naturally, these developments continue to raise the expectations of crypto investors.

Solana Price Today

However, Solana also followed the general mood of the market and lost 4%. Currently trading at $167, SOL fell to $165.69 during the day. Moreover, the highest level was recorded at $176.22. In addition, Solana’s market value fell to $78.68 billion. Meanwhile, Canary Capital’s Solana ETF application to the US SEC is interestingly increasing the interest in this crypto and causing Solana investors to turn their eyes to developments.

Crypto Investors Worried: BTC Pulled Back, Altcoins in the Red!

Similarly, the XRP price fell by nearly 1% to $0.5182. In particular, XRP’s lowest level during the day was $0.5039, while its highest level was $0.5218. Moreover, XRP’s market value fell to $29.48 billion. However, whale movements in the last 24 hours naturally attracted the attention of investors. This increased the uncertainty about the future price movements of the crypto.

Meme Coins Prices Today

On the other hand, meme coins followed the general market trend and things didn’t go so well. For example, Dogecoin (DOGE) fell by 7% to $0.1584. In addition, Shiba Inu (SHIB) lost 5% to $0.00001772.

Moreover, meme coins like PEPE , WIF, and POPCAT have also seen losses of between 4% and 8%. These losses suggest that meme coin investors will not be comfortable in the short term.

Today’s Biggest Gainers and Losers Crypto

However, some cryptos have been on a positive note today. For example, Celestia (TIA) rose 5% to $4.89. The lows and highs for the day were $4.58 and $4.96, respectively. In addition, Kaia (KAIA) rose 3% to $0.1341. Moreover, Maker (MKR) gained 1.5% to $1,283. As a result, these increases were considered positive signals that caught the attention of investors.

On the other hand, the day was not so good for some cryptos. For example, Immutable (IMX) lost over 13% to $1.17. In addition, WIF fell 8% to $2.34. Moreover, BRETT lost 7% to $0.089. These sharp declines, in turn, showed once again how volatile the crypto market is and increased investors’ risk perception.

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Crypto Investors Worried: BTC Pulls Back, Altcoins in the Red!
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