Cryptocurrency prices were trading in red with Bitcoin (BTC) and Ethereum (ETH) falling, along with other altcoins such as Solana, Binance and Cardano, on Thursday morning. Bitcoin was the most trending crypto.
The crypto market cap fell about 1.23 per cent to $916.06 billion but its trading volume was down by 17.24 per cent to $44.96 billion, according to data from Coinmarketcap.com at 8.30 am.
Today’s top gainer was TerraClassicUSD (USTC); it was up 13.43 per cent at $0.03972. The top loser was Casper (CSPR), which was trading at $0.04115 with losses of 9.35 per cent in the last 24 hours to Thursday morning.
Bitcoin: BTC fell 1.16 per cent to $19,054.54.
Bitcoin was trading with gains on the morning of October 19, but as the day progressed, BTC slid into the red territory and ultimately fell below the $19,000 mark briefly. Both BTC’s price and trading volume were down.
Its lowest intraday trading price was $18,971.46, while its volume was down by 24.58 per cent at $22,992,530,216.
Ethereum: Ethereum’s price fell 1.74 per cent to $1,282.30 in the last 24 hours to Thursday morning.
ETH’s trade was highly volatile, with its price swinging wildly on either side of the spectrum. Ultimately, the price fell below the $1,300 mark on October 20 morning.
The lowest price for ETH was $1,275.32. ETH’s trading volume was down by 17.18 per cent at $8,595,835,452.
Other Altcoins: Solana’s (SOL) price was down by 3.42 per cent at $28.91 today.
Ripple (XRP) was down by 0.7 per cent at $0.4567 and its 24-hour trading volume was up by 10.27 per cent at $1,482,890,079.
Cardano (ADA) fell 2.11 per cent to $0.3511. Cardano’s 24-hour trading volume was up by 0.16 per cent to $434,403,786.
Binance (BNB) was down by 0.45 per cent to $270.72. Its 24-hour trading volume was down by 13.23 per cent at $518,160,064.
Dogecoin (DOGE) fell 1.29 per cent at $0.05895. Its 24-hour trading volume was up by 21.06 per cent at $291,322,719.
Shiba Inu was down by 2.06 per cent to $0.000009899.
Decentralised Finance (DeFi)
Yearn.Finance (YFI) fell 2.07 per cent to $7,515.22. Its 24-hour trading volume was down by 11.86 per cent at $17,861,848.
Avalanche (AVAX) was down by 3.26 per cent at $15.15 and its 24-hour trading volume was up by 16.7 per cent at $190,614,374.
Aave (AAVE) was trading with a gain of 0.09 per cent at $81.86 and its 24-hour trading volume was up by 6.46 per cent at $177,730,062.