The cryptocurrency market is following a mixed trend on October 18. Bitcoin (BTC) $67,355 Ethereum (ETH) briefly touched the $68,000 level again $2,621Solana (SOL) and XRP altcoinThere are fluctuations in . During this period, POPCAT and MEW stood out and became the ones that gained the most value, and both gained approximately 11 percent in value.
Market Overview
cryptocurrency marketThe total value of TL increased by 0.21 percent in the last 24 hours to 2.33 trillion. However, the total market volume decreased by 6 percent compared to the previous day, falling to 75.89 billion. This shows that the transaction volume in the market has weakened somewhat.
While Bitcoin completed the previous trading day at 67 thousand 738 dollars, Ethereum It closed at $2,617. While Solana lost more than 1 percent in value, XRP is losing momentum due to the ongoing legal process. XRP was under selling pressure and lost value due to the US Securities and Exchange Commission (SEC) lawsuit.
The Most Gaining and Losing Cryptocurrencies
Memecoins again attracted the attention of investors. MEW While it reached the level of 0.009448 dollars with an increase of 11 percent, POPCAT It increased by 11 percent to $1.39. Moreover Celestia also gained 6 percent in value. On the other hand Maker DAO 7 percent, starnet 6 percent, bonk lost 4 percent of its value. Fluctuations continued in the hourly charts of the market. Bitcoin is facing slight losses of 0.14 percent and Ethereum of 0.05 percent.
Financial analyst Ayşe Yılmaz commented, “These fluctuations in the cryptocurrency market require investors to be careful.”
Investors continue to update their strategies considering this volatility in the market. The current activity in the cryptocurrency market offers serious clues about future prices.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.