Over the weekend, Bitcoin (BTC), the world’s oldest and most valuable cryptocurrency, managed to hold above $43,000. There were slight increases and decreases in value for other popular coins, including as Dogecoin (DOGE), Solana (SOL), Ripple (XRP), Ethereum (ETH), and Litecoin (LTC). With a gain of more than 13 percent in just one day, the Ronin (RON) token turned out to be the largest gainer of all. In contrast, MANTA saw the largest loss over a 24-hour period, falling by about 8 percent.

As of the time of writing, the value of the entire cryptocurrency market was $1.63 trillion, an increase of 0.82 percent in a day.

Bitcoin (BTC) Price Today
According to CoinMarketCap, the price of bitcoin was $42,651.90, down 0.81 percent in a day.

Ethereum (ETH) Price Today
At the time of writing, the price of ETH was $2,292.04, down 0.39 percent in the previous 24 hours.

Dogecoin (DOGE) Price Today
According to CoinMarketCap data, DOGE saw a 0.98 percent 24-hour decline, with its current price being $0.07814.

Litecoin (LTC) Price Today
Litecoin experienced a 1.56 percent 24-hour decline. When this was written, its market price was $67.10.

Ripple (XRP) Price Today
The price of XRP was $0.5056 after losing 2.26 percent in a day.

Solana (SOL) Price Today
The price of Solana was $96.10, down 2.05 percent in a day.

Bitcoin stayed firm, gaining roughly a percent to hover stubbornly above 34,000-levels, while Ethereum gained half a percent apiece but remained below $1,800.

On Monday, Bitcoin and other crypto currencies maintained their upward momentum in the new week. All crypto coins participated in the early trades, extending the weekend momentum. The recent crypto rally has been aided by the enthusiasm around regulatory approval of a spot bitcoin exchange-traded fund (ETF) listing.

Bitcoin maintained its strength, gaining roughly 1% and remaining strongly above the 34,000-levels. However, its greatest peer, Ethereum, saw a half-percentage-point increase but remained below the $1,800 mark. The majority of altcoins were trading at a profit.

Bitcoin maintained its position above the $34,000 mark, owing to the current bullish view for the likely approval of Bitcoin Spot ETF applications in the United States.

The ProShares Bitcoin Strategy ETF (BITO) had its second-largest trading week to date, with $1.7 billion in trading volume, while the Grayscale Bitcoin Trust (GBTC) had $800 million, potentially increasing the general market’s favourable attitude. In contrast, Ethereum’s trading value remained above $1,700.

On Monday, the bulk of the main crypto tokens were trading higher. Solana gained roughly 3%, while Chainlink and Polkadot gained 3% each. Polygon, Cardano, and XRP all climbed approximately 2% in early trading. Even dollar-pegged stablecoins increased in value.

The worldwide cryptocurrency market cap was trading much higher, reaching $1.26 trillion after increasing by around 1% in the last 24 hours. However, total trade volumes increased by more than 13% to $27.37 billion.

Bitcoin finished the week with a whopping 15% increase. Throughout the weekend, BTC remained positive while remaining below its local resistance at $35,000. The price is currently hovering around $34,300, with ETH trading slightly above the local support level of $1,765.

It’s worth mentioning that the crypto market will be heavily influenced this week by a number of macro events, including the US FOMC meeting, the monthly announcement of the US unemployment rate, US job vacancies, and the US non-farm Employment Change. These occurrences have the potential to cause volatility in the cryptocurrency market.

Quick analysis of cryptocurrency prices on October 16: The value of the world market fell to $1.25 trillion.

After breaking through the $34,000 barrier yesterday, Bitcoin (BTC) was able to maintain its new high early on Wednesday morning. Nevertheless, Ethereum (ETH) dropped below $1,800 and is now trading at $1,700. Following an abrupt surge, coin prices typically experience a period of decline. As a result, the majority of well-known cryptocurrencies had slight declines overall, including Dogecoin (DOGE), Ripple (XRP), Solana (SOL), and Litecoin (LTC). After falling more than 7% in a day, Memecoin Pepe (PEPE), the cryptocurrency that had gained the most on Tuesday, turned out to be the greatest loser of all. Conversely, the MINA token emerged as the largest gainer, exhibiting a staggering 24-hour surge of more than 50 percent.

The value of the world’s cryptocurrency market was $1.25 trillion at the time of writing, a 1.67 percent decrease in a day.

Bitcoin Price Today
According to CoinMarketCap, the price of bitcoin was $34,016.72, down 1.40 percent in a day. As per the Indian exchange WazirX, the current value of Bitcoin was Rs 28.59 lakh.

Ethereum Price Today
As of this writing, the price of ETH was $1,788.11, down 1.78 percent in the last 24 hours. Ethereum’s price in India was Rs 1.51 lakh, according to WazirX.

Dogecoin Price Today
According to CoinMarketCap data, DOGE saw a 3.09 percent 24-hour decline, with its current price being $0.06612. The price of Dogecoin in India was Rs 5.57, according to WazirX.

Litecoin Price Today
Litecoin lost 2.09 percent in a day. When this was written, the price was trading at $69.67. The cost of LTC was Rs 5,856.75 in India.

Ripple Price Today
The price of XRP was $0.5537 after rising 0.78 percent in a day. The price of ripple was Rs 46.76, according to WazirX.

Solana Price Today
The price of Solana was $31.03, down 1.81 percent on a day. The price of SOL in India was Rs 2,722.95, according to WazirX.