Ethereum

Solana

Bittensor

Bitcoin

Shiba Inu

As of October 1, the crypto market is seeing a mixed performance. While Bitcoin (BTC) faces a slight dip, altcoins such as Ethereum (ETH), Solana (SOL), and XRP are experiencing volatile movements. However, the day’s standout performers are Bittensor (TAO) and SUI, with notable gains. The total crypto market cap has fallen by 0.77%, now sitting at $2.25 trillion. Interestingly, total trading volume surged by 38.6%, reaching $80.68 billion. Let’s explore the top-performing cryptocurrencies and how they’re standing out in today’s market. 
<h2 id="volatility-hits-btc-and-altcoins">Volatility Hits BTC and Altcoins</h2> 
After recently testing the $66,000 mark, Bitcoin has slid to $63,000, triggering concerns among investors. The price fluctuated between $62,873 and $64,701 within the day. Despite this pullback, Bitcoin saw $61.30 million in inflows to spot ETFs, according to Sosovalue data. In addition, Japan-based company Metaplanet purchased 107.91 BTC, fueling speculation of a potential rally in October. 
<img loading="lazy" loading="lazy" decoding="async" class="alignnone size-full wp-image-47552" src="https://thebitjournal.b-cdn.net/wp-content/uploads/2024/10/image-1536x703-1.png" alt="Altcoins Shine as Bitcoin Drops: Which Coins Are Winning Today? = The Bit Journal" width="1536" height="703" title="Altcoins Shine as Bitcoin Drops: Which Coins Are Winning Today? 26"> 
Similarly, Ethereum and Solana are facing their own price fluctuations. <a href="https://thebitjournal.com/crypto-boom-pepe-coin-price-skyrockets-as-cutoshi-attracts-ethereum-whales/" target="_blank" rel="noopener">Ethereum</a> showed a modest 0.2% increase, trading at $2,636, with lows of $2,576 and highs of $2,643 during the day. Whale Alert reported that significant amounts of Ethereum have been transferred to exchanges like Coinbase, raising questions about potential sell-offs.<img loading="lazy" loading="lazy" decoding="async" class="alignnone size-full wp-image-47553" src="https://thebitjournal.b-cdn.net/wp-content/uploads/2024/10/image-1-1536x665-1.png" alt="Altcoins Shine as Bitcoin Drops: Which Coins Are Winning Today? = The Bit Journal" width="1536" height="665" title="Altcoins Shine as Bitcoin Drops: Which Coins Are Winning Today? 27"> 
Solana, on the other hand, experienced a 0.7% drop and is currently trading at $155. The asset’s daily price range varied from $151 to $157. Despite this decline, Solana’s market cap remains steady at $72.59 billion. 
<h2 id="xrp-and-meme-coins-struggle">XRP and Meme Coins Struggle</h2> 
XRP took a notable 5% hit, dropping to $0.6205. Ripple’s release of 1 billion XRP tokens has contributed to this volatility, with prices swinging between $0.611 and $0.652.<img loading="lazy" loading="lazy" decoding="async" class="alignnone size-full wp-image-47554" src="https://thebitjournal.b-cdn.net/wp-content/uploads/2024/10/image-2-1536x618-1.png" alt="Altcoins Shine as Bitcoin Drops: Which Coins Are Winning Today? = The Bit Journal" width="1536" height="618" title="Altcoins Shine as Bitcoin Drops: Which Coins Are Winning Today? 28"> 
Among meme coins, Dogecoin (DOGE) and Shiba Inu (SHIB) also saw losses, with Dogecoin down 4% to $0.1176 and Shiba Inu down 2% to $0.0000183. However, meme coins like dogwifhat (WIF) and FLOKI managed gains of 3% to 4.5%, keeping some investors optimistic. 
<h2 id="today-s-winners-and-losers">Today’s Winners and Losers</h2> 
The altcoin Bittensor (TAO) emerged as one of today’s biggest winners, gaining 9% and trading at $605.86. SUI followed closely, with a 10% rise, reaching $1.91. Injective (INJ) also saw significant growth, increasing by 8% to $24.56.<img loading="lazy" loading="lazy" decoding="async" class="alignnone size-full wp-image-47555" src="https://thebitjournal.b-cdn.net/wp-content/uploads/2024/10/image-3-1536x695-1.png" alt="Altcoins Shine as Bitcoin Drops: Which Coins Are Winning Today? = The Bit Journal" width="1536" height="695" title="Altcoins Shine as Bitcoin Drops: Which Coins Are Winning Today? 29"> 
On the flip side, JasmyCoin (JASMY) fell 5% to $0.02223, while Celestia (TIA) and Pepe Coin (PEPE) dropped 5% and 4%, respectively. 
The market’s mixed performance leaves investors balancing caution with opportunity, as Bitcoin and Ethereum show resilience despite volatility, while several altcoins continue to shine. 
<ul> 
 <li><a href="https://twitter.com/Thebitjournal_" target="_blank" rel="noopener nofollow">https://twitter.com/Thebitjournal_</a></li> 
 <li><a href="https://www.linkedin.com/company/the-bit-journal/" target="_blank" rel="noopener nofollow">https://www.linkedin.com/company/the-bit-journal/</a></li> 
 <li><a href="https://t.me/thebitjournal" target="_blank" rel="noopener nofollow">https://t.me/thebitjournal</a></li> 
</ul> 
Follow us on Twitter and LinkedIn and join our Telegram channel to be instantly informed about&nbsp;breaking&nbsp;news!

Altcoins Shine as Bitcoin Drops: Which Coins Are Winning Today?

Table of Contents

The Bit Journal

Other articles published on Oct 1, 2024

Base Creator Jesse Pollak Joins Coinbase Executive Team

Five Digit ROI Signals Mass Crypto Exodus From Solana And XRP Whales To GambleFi Goliath

Embark on the Conflux Tech Odyssey: Mapping Out the Next 3–5 Years!

Liorcard Titanium: A Universal Financial Passport for Access to TradFi (Traditional Finance) and...

Can Bitcoin Break Through Resistance Levels?

BlackRock Faces Slow Ethereum ETF Demand

Join our free newsletter for daily crypto updates!