Cryptocurrency Price Today (October 22): Bitcoin Dips To $67,000 As Top Coins See Bloodbath
Cryptocurrency price on October 22 quick take: The global market cap dipped to $2.33 trillion.
Bitcoin (BTC), the world’s oldest and most valued cryptocurrency, dipped down to the $67,000 range early Tuesday. Other popular altcoins — including the likes of Ethereum (ETH), Dogecoin (DOGE), Solana (SOL), Ripple (XRP), and Litecoin (LTC) — landed in the reds across the board as the overall Market Fear & Greed Index stood at 57 (Neutral) out of 100, as per CoinMarketCap data. The Aptos (APT) token became the biggest gainer with a 24-hour jump of over 11 percent. AERO remained the top loser for the second consecutive day, with a 24-hour loss of over 6 percent.
The global crypto market cap stood at $2.33 trillion at the time of writing, registering a 24-hour dip of 2.18 percent.
Bitcoin (BTC) Price Today
Bitcoin price stood at $67,332.03, registering a 24-hour loss of 2.22 percent, as per CoinMarketCap. According to Indian exchanges, BTC price stood at Rs 58.06 lakh.
Ethereum (ETH) Price Today
ETH price stood at $2,642.22, marking a 24-hour dip of 3.29 percent at the time of writing. Ethereum price in India stood at Rs 2.30 lakh.
Dogecoin (DOGE) Price Today
DOGE registered a 24-hour dip of 0.17 percent, as per CoinMarketCap data, currently priced at $0.145. Dogecoin price in India stood at Rs 12.45.
Litecoin (LTC) Price Today
Litecoin saw a 24-hour loss of 3.51 percent. At the time of writing, it was trading at $71.06. LTC price in India stood at Rs 6,223.45.
Ripple (XRP) Price Today
XRP price stood at $0.5429, seeing a 24-hour dip of 0.79 percent. Ripple price in India stood at Rs 46.04.
Solana (SOL) Price Today
Solana price stood at $166.17, marking a 24-hour loss of 1.76 percent. SOL price in India stood at Rs 14,312.59.
Top Crypto Gainers Today (October 22)
As per CoinMarketCap data, here are the top five crypto gainers over the past 24 hours:
Aptos (APT)
Price: $11.10
24-hour gain: 11.33 percent
Axelar (AXL)
Price: $0.8924
24-hour gain: 6.60 percent
Cat in a Dogs World (MEW)
Price: $0.009108
24-hour gain: 6.28 percent
Cosmos (ATOM)
Price: $4.87
24-hour gain: 2.16 percent
Uniswap (UNI)
Price: $7.85
24-hour gain: 1.92 percent
Top Crypto Losers Today (October 22)
As per CoinMarketCap data, here are the top five crypto losers over the past 24 hours:
Aerodrome Finance (AERO)
Price: $1.19
24-hour loss: 6.84 percent
Bittensor (TAO)
Price: $553.94
24-hour loss: 6.76 percent
Mog Coin (MOG)
Price: $0.000002091
24-hour loss: 6.55 percent
First Neiro On Ethereum (NEIRO)
Price: $0.001755
24-hour loss: 6.37 percent
Dogwifhat (WIF)
Price: $2.52
24-hour loss: 5.96 percent
What Crypto Exchanges Are Saying About Current Market Scenario
Mudrex co-founder and CEO Edul Patel told ABP Live, “Bitcoin has dipped over 2% as investors move toward profit-taking. After reaching a peak of $69,300, BTC is now trading at $67,500. Major coins like Ethereum and Solana are also experiencing selling pressure. It appears the bulls are pausing after a week-long rally, likely gearing up for another surge as the U.S. elections get closer. Bitcoin’s support level has dropped to $67,100, with resistance now standing at $68,200.”
CoinSwitch Markets Desk noted, “Bitcoin's price dipped to $67,000 on October 21, wiping out the gains from the past three days. The selloff continued this morning, with Bitcoin dropping further to $66,500 levels, driven in part by the 7% plunge in the Beijing Stock Exchange 50 Index. The key support level is now at $65,550, while resistance sits at $70,000.”
Avinash Shekhar, Co-founder & CEO, Pi42, said, “The week started with a bang, but unfortunately, it wasn't in the right direction. Bitcoin's hard-achieved gains from Saturday and Sunday were all wiped off in a few hours this Monday, as sellers appear to have none of it. The Bulls attempted a shot at the pivotal $70,000 level and almost made it. They achieved a local daily high at around $69,500, but that's all they could manage before the bears stepped in and took control of the market.”
Shivam Thakral, CEO of BuyUcoin, said, “In the past 24 hours, Bitcoin experienced significant volatility, initially surging past $69,000 before correcting to approximately $67,286. This strong increase was primarily attributed to macroeconomic causes, most notably the political atmosphere surrounding the upcoming U.S. presidential elections and the increased hope for the return of former President Donald Trump, who is seen as a pro-crypto ally.”
Sathvik Vishwanath, CEO and co-founder of Unocoin, said, “Bitcoin (BTC) indicates a positive short-term outlook, as prices have risen within a trend channel, supported by increasing investor interest. In the medium term, Bitcoin has recently broken through resistance levels, suggesting further potential gains, although it may face challenges around the $70,000 mark. Long-term trends remain optimistic, with continued upward momentum expected.”
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Disclaimer: Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Cryptocurrency is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Cryptocurrency market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.
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