The cryptocurrency market attracted attention with its complex price movements on October 8. Bitcoin (BTC), in particular, fell to the $62,000 level. Ethereum (ETH), Solana (SOL), and XRP also experienced similar declines, while NEIRO and Sui were among the biggest gainers. This increased global investor speculation and the direction of the market became a matter of curiosity.

Leading Cryptocurrencies: Bitcoin and Ethereum$BTC

The BTC price fell by around 1.5% in the last 24 hours to $62,689. The lowest level during the day was $62,152, while the highest level was recorded at $64,443. This decline occurred despite the $235.19 million inflow into Bitcoin ETFs, which caused concerns in the market. Experts say that the US government's sale of 69,000 BTC could increase selling pressure.

The ETH price also lost about 3% in the last 24 hours, falling to $2,439. The lowest level during the day was $2,405, and the highest level was $2,520. The lack of net inflows in spot Ethereum ETFs increased speculation among investors. According to Whale Alert data, increasing sales of Ethereum directed to exchanges is also one of the factors that triggered the price decline.

Solana ve XRP$SOL

Solana (SOL) has lost over 3% in the last 24 hours and has fallen to $145. The low was recorded at $143.60 and the high was recorded at $152.10. The general market decline has also affected Solana, but some experts do not rule out the possibility of a recovery in the short term. XRP also experienced a similar decline, with its price decreasing by around 2% to $0.5322. The low was $0.5291 and the high was $0.5454 during the day. The uncertainty of the lawsuit between Ripple and the SEC is another factor that is putting pressure on the XRP price.

Meme Coin Prices and Top Profiting Cryptocurrencies

Meme coins also followed the general market downtrend. Dogecoin (DOGE) lost 4%, while Shiba Inu (SHIB) also fell 4% to $0.00001761. These declines raised questions among investors; experts emphasize that these meme coins should be monitored carefully due to their volatile nature.

On the other hand, some cryptocurrencies rose without being affected by the downtrend. NEIRO gained 19% in the last 24 hours and reached $0.001727. Sui (SUI) attracted attention with an 11% increase and rose to $2.10. Both coins continue to attract investors' attention with their recent price movements. It should not be forgotten that cryptocurrency markets have a volatile structure; therefore, investors are advised to do their own research and consider the risks.