Crypto Price Today: Bitcoin holds above $26,800; Toncoin, Solana fall up to 3%
Bitcoin was down 0.2% at $26,809 as of 11:30 p.m., while Ethereum was below the $1,550 level.
Meanwhile, the global cryptocurrency market cap declined 0.5% to around $1.05 trillion in the last 24 hours.
In today's trade, Toncoin and Solana fell up to 3%. While BNB, XRP, Dogecoin, Tron, and Polkadot also declined.
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View Details»The crypto market has been witnessing a slight dip for the sixth consecutive day. The dip in the markets, including crypto, is being attributed to the September CPI (Consumer Price Index) data that came out yesterday. CPI has risen 0.4% against a market estimate of 0.3%, said Parth Chaturvedi, Investments Lead at CoinSwitch Ventures.
The total volume in DeFi is currently $1.8 billion, 7.92% of the total crypto market 24-hour volume. The volume of all stablecoins is now $20.97 billion, which is 92.35% of the total crypto market 24-hour volume.
In the last 24 hours, the market cap of Bitcoin, the world's largest cryptocurrency, declined to $523 billion. Bitcoin's dominance is currently 50%, according to CoinMarketCap. BTC volume in the last 24 hours fell 25.25% to $9.26 billion.
«The Bitcoin market is approaching its maximum supply of 21 million coins, with the 4-hour chart revealing significant levels. Key readings include the pivot point at $27,000, resistance at $27,210, $27,717 and $28,198, and supports at $26,586, $26,023 and $25,475,» said Sathvik Vishwanath, Co-Founder & CEO of
