Gold

Coin

<ul class="wp-block-list news-points">
 <li>Bitcoin crashed 6.64% in the past week while ETH is down 10.35%.</li>
 <li>Blue chip tokens ADA and SOL crashed 15% and 12%, respectively in the last seven days.</li>
 <li>Meme coins also crashed with DOGE plummeting 11.13% in the past week.</li>
</ul>
The crypto market faced increased downward pressure as leading cryptocurrencies dropped with the start of a new month – October, a month commonly known as “Uptober” in the digital asset space. Many cryptocurrencies lost the gains they saw last month after tensions between Iran and Israel escalated.
According to CoinMarketCap <a href="https://coinmarketcap.com/" target="_blank" rel="noopener noreferrer nofollow">data</a>, the total valuation of the crypto market is $2.12 trillion, down almost 1% in the past 24 hours. The total volume in crypto trading is above $81 billion, while Bitcoin (BTC), the market leader, holds a 56.9% dominance. Ether (ETH) dominance is at 13.5%.
<a href="https://coinedition.com/bitcoin-vs-gold-btc-loses-ground-as-central-banks-drive-gold-to-record-highs/" rel="noopener noreferrer nofollow">Read also: Bitcoin vs. Gold: BTC Loses Ground as Central Banks Drive Gold to Record Highs</a>
In the past seven days, Bitcoin fell 6.64% while ETH crashed 10.35%, and at the time of publication, they are trading at $61,012 and $2,373, respectively. The Bitcoin market cap is $1.2 trillion while ETH is valued at $285 billion, and their respective trading volumes a…
The post <a href="https://coinedition.com/crypto-market-dips-as-uptober-begins-with-iran-israel-tensions/" rel="noopener noreferrer nofollow">Crypto Market Dips as ‘Uptober’ Begins with Iran-Israel Tensions</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Crypto Market Dips as ‘Uptober’ Begins with Iran-Israel Tensions

Coin Edition

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