Ethereum

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Cryptocurrency Market Today: The cryptocurrency industry has experienced a sharp decline following the Israel-Iran war and the U.S. stock market taking a hit. As a result, the total market cap dropped by 4.8% to $2.15 Trillion. Amidst the turmoil, investor sentiment has shifted toward fear, which is evident from the fear and greed index which has dropped to 39.&nbsp;   
<h2 class="wp-block-heading" id="h-bitcoin-price-analysis-could-bitcoin-drop-further-to-53k">Bitcoin Price Analysis: Could Bitcoin Drop Further to $53k?</h2>   
Bitcoin price saw a sizable drop of 4.17% in the past 24 hours, trading at $61,256.08. This slide is accompanied by a rise in trading volumes, surging 53.45%, showing a heightened level of activity as investors react to the price drop. With this pace, analysts are speculating on whether BTC can regain its strength or fall further to the $53k level if market sentiment continues to slide.   
Curious about BTC’s future price targets? Our <a href="https://coinpedia.org/price-prediction/bitcoin-price-prediction/" target="_blank" rel="noreferrer noopener">Bitcoin Price Prediction</a> answers that and much more!   
<h2 class="wp-block-heading" id="h-altcoins-prices-today-eth-falls-7-wormhole-pumps-22">Altcoins Prices Today: ETH Falls 7%, Wormhole Pumps 22%</h2>   
The largest altcoin, Ethereum wasn’t spared, dropping 7.02% to $2,452.77. Ethereum’s market cap is now under pressure to maintain support above $2,400. Solana also suffered the brunt, dropping 7.06% to $145.99. XRP followed suit with a 6.68% decline, now priced at $0.5907.   
Curious about the long-term price targets of ETH? Read our <a href="https://coinpedia.org/price-prediction/market-price-prediction-ethereum-2019/" target="_blank" rel="noreferrer noopener">Ethereum Price Prediction</a>   
Top Gainers:&nbsp;   
Amid the broader market losses, Wormhole (WORM) stands out as the day’s top gainer, jumping 22.13% to $0.3808. Mantra (OM) managed a modest increase of 1.94%, trading at $1.28, while Conflux (CFX) rose 0.83% to $0.1856.   
Top Losers:&nbsp;   
On the downside, Beam (BEAM) dropped 17.73% to $0.01705, making it the top loser for the day. Arweave (AR) followed closely, shedding 16.94% to $19.23. Starknet (STRK) also faced a sharp decline, down 16.37%, now priced at $0.3899.   
Stay tuned for more updates as the market volatility continues to shape the crypto landscape.

Crypto Price Today (Oct 2nd, 2024): Bitcoin Falls to $61k, Ethereum and Solana Drop Sharply!

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