Cryptocurrency prices on October 24: Bitcoin holds above $67,300; Altcoins trade mixed

economictimes.indiatimes.com:

Bitcoin, BNB, Solana, Tron, and Near Protocol gained up to 4.8%, while Ethereum, Dogecoin, Toncoin, Cardano, Shiba Inu, Avalanche, and Chainlink faced losses of up to 4.2%.

The global cryptocurrency market cap rose by 0.13%, reaching approximately $2.31 trillion over the last 24 hours.

As of 11:52 a.m. IST, Bitcoin was trading at $67,381, up 0.3%, while Ethereum remained below the $2,600 mark. Earlier in the day, Bitcoin had dipped below $65,200.

“Bitcoin is stabilising at $67,200 after a low of $65,200. The recent sell-off was largely driven by a 400-point drop in the Dow Jones, reflecting weakness in traditional markets. Additionally, Trump’s Polymarket odds slipped from 65% to 63%, contributing to negative sentiment," said Edul Patel, CEO of Mudrex. «Bitcoin faces immediate resistance at $67,500, with strong support at $65,950,» he added.

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The CoinSwitch Markets Desk noted, «Bitcoin experienced a significant decline yesterday, falling from around $66,000 to a low of $65,260, coinciding with negative performance in the SPY