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Today, the crypto market saw significant fluctuations, with major altcoins struggling to gain momentum. However, EIGEN defied market trends, surging by 9%. Meanwhile, Ethereum, Solana, and XRP displayed mixed price movements, sparking different interpretations among investors. Let’s take a closer look at today’s crypto prices. 
<h2 id="bitcoin-and-ethereum-market-leaders-in-focus">Bitcoin and Ethereum: Market Leaders in Focus</h2> 
The Bitcoin (BTC) price chart shows a 0.4% decline, currently trading at $62,381. BTC’s daily low and high were recorded at $61,843.56 and $63,174.31, respectively. This downtrend aligns with the $18.66 million outflows from Bitcoin ETFs as of October 8. Additionally, Bitcoin’s market dominance dropped by 0.11% to 56.71% in the past 24 hours. Meanwhile, whale activity around BTC has increased significantly. 
<img loading="lazy" loading="lazy" decoding="async" class="alignnone size-full wp-image-49217" src="https://thebitjournal.b-cdn.net/wp-content/uploads/2024/10/image-28-1536x603-1.png" alt="Crypto Markets Experience Volatility: Which Altcoins Are Up, Which Are Down? = The Bit Journal" width="1536" height="603" title="Crypto Markets Experience Volatility: Which Altcoins Are Up, Which Are Down? 9"> 
Ethereum (ETH) prices have shown a modest 0.3% increase, reaching $2,446 at the time of reporting. The day’s lowest and highest prices were recorded at $2,400.51 and $2,470.91, respectively. ETH’s volatility reflects the $8.19 million outflows from Ethereum ETFs on October 8. Whale Alert data reveals significant ETH sales to Coinbase over the last 24 hours. ETH’s market cap currently stands at $294.32 billion. 
<h2 id="solana-xrp-and-meme-coins-what-s-happening">Solana, XRP, and Meme Coins: What’s Happening?</h2> 
Solana (SOL) dropped by 0.5%, landing at $144. Its daily low and high were $141.24 and $145.28, respectively, with a market cap of $67.52 billion. Despite this dip, Standard Chartered predicts that SOL could multiply fivefold by next year.<img loading="lazy" loading="lazy" decoding="async" class="alignnone size-full wp-image-49218" src="https://thebitjournal.b-cdn.net/wp-content/uploads/2024/10/image-29-1536x672-1.png" alt="Crypto Markets Experience Volatility: Which Altcoins Are Up, Which Are Down? = The Bit Journal" width="1536" height="672" title="Crypto Markets Experience Volatility: Which Altcoins Are Up, Which Are Down? 10"> 
XRP experienced a slight 0.05% decrease, now trading at $0.5325. The day’s low and high were recorded at $0.5216 and $0.5341, respectively. The XRP price continues to fluctuate amid ongoing speculation related to the Ripple-SEC lawsuit. 
On the meme coin front, Dogecoin (DOGE) saw a 0.6% decline, currently trading at $0.1087. Shiba Inu (SHIB) also dropped by 0.4%, trading at $0.00001754. Meme coins PEPE, WIF, and BONK fell between 2% and 5% in the last 24 hours. 
<h2 id="biggest-movers-of-the-day-gainers-and-losers">Biggest Movers of the Day: Gainers and Losers</h2> 
EIGEN led the gains with a 9% increase, trading at $3.76. Its daily low and high were recorded at $3.36 and $4.03, respectively. TRX rose by 2%, trading at $0.1598, with daily lows and highs of $0.1556 and $0.1603. XMR surged by 3.5%, reaching $151, with its daily low and high at $145.46 and $151.91. 
On the losing side, WLD dropped by 8% and is currently trading at $1.87. Its daily low and high were recorded at $1.83 and $2.00. TIA decreased by 6%, trading at $5.03, while CFX also experienced a 6% drop, now priced at $0.1773. 
For more insights and updates, stay tuned to The Bit Journal. 
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Crypto Markets Experience Volatility: Which Altcoins Are Up, Which Are Down?

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The Bit Journal

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