Cryptocurrency prices on October 23: Bitcoin falls below $67,000; Chainlink, NEAR Protocol drop over 4%
cryptocurrency market cap, now standing at approximately $2.31 trillion over the past 24 hours.
As of 1:21 pm IST, Bitcoin had fallen 1%, trading at Rs 66,790, while Ethereum dropped 1.8% to Rs 2,602.
Other significant cryptocurrencies also faced losses, including BNB (-1.8%), Solana (-1.5%), XRP (-3.9%), Dogecoin (-3.7%), Toncoin (-1.9%), Avalanche (-3.5%), Shiba Inu (-3.2%), Chainlink (-4.5%), and NEAR Protocol (-4.3%).
«Bitcoin is currently range-bound, trading below $67,000 following profit-taking. Data from Binance shows that 53% of traders are shorting Bitcoin, reflecting rising bearish sentiment,» said Edul Patel, CEO of Mudrex.
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View Details»«For the bulls to regain control, Bitcoin must break the $68,000 resistance. On the downside, BTC has strong support at $66,700, which is providing a safety net for now,» he added.
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