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The crypto market declined on Friday, October 6, led by losses in major cryptos, as investors remained on the sidelines. By Coingape Staff 45 mins ago Updated 45 mins ago
The cryptocurrency market moved towards the south on Friday, October 6, as the market participants stayed on the sideline ahead of the weekend. Meanwhile, the decline in the market is led by the price dip of most of the cryptos today. However, the crytocurrency market fear and greed index stayed at 43, indicating the sentiment at a neutral position on Friday.
Talking about the prices of the cryptos, Bitcoin price fell 0.49% to $27,531.35 as of writing, while its volume over the last 24 hours rose 12.50% to $11.67 billion. Meanwhile, the market cap of the crypto declined the same percentage as its price from yesterday and was at $537.09 billion.
Simultaneously, the Ethereum price was down 1.24% from yesterday and traded at $1,622.91, with its volume jumping 15.03% to $5.23 billion. On the other hand, the market cap of the second-largest crypto tumbled 1.25% to $195.13 billion.
Among other cryptos, the Chainlink price slipped 1.29% to $7.52, and its volume plunged 26.15% from yesterday to $191.93 million. However, the Cardano price was up 1.49% as of writing and stayed at $0.2624 on Friday. Its market cap rose 1.50% to $9.22 billion at the same time.
In meme coins, the Dogecoin price noted declines of 0.16% and traded at $0.06105. On the other hand, the Shiba Inu price plummeted 0.67% to $0.000007187, while its volume fell 6.66% to $61 million.
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The decline in most of the major cryptos dragged down the overall market value on Friday. As of writing, the global crypto market cap was down 0.41% to $1.08 trillion, while its volume over the last 24 hours rose 4.49% to $25.47 billion.
The Top 4 Cryptos For Today Are
Pepe Coin Slips 1%
The Pepe Coin price was down 1.32% to $0.0000007040 during writing on Friday, while its volume over the last 24 hours rose 18.29% to $45.06 million. Meanwhile, the market cap of the popular meme coin also declined by 1.28% to $276.3 million. Notably, over the last seven days, crypto has lost around 5.7% of its price.
PEPE Coin Chart
Trust Wallet Token (TWT) Rises 4%
The Trust Wallet Token continued its positive momentum on October 6, despite a slump in the broader market. As of writing, the Trust Wallet Token price was up 4.26% to $0.94, while its volume fell 27.10% to $126.91 million.
Trust Wallet Token Chart
Toncoin (TON) Surges 6%
The Toncoin was among the top gainers on Friday, suggesting an increasing interest in the crypto. The Toncoin price was up 5.82% to $2.08 as of writing on Friday, while its volume jumped 62.81% to $23.06 million. Meanwhile, the crypto price noted gains of around 18.50% over the past 30 days.
Toncoin Chart
Avalanche (AVAX) Adds 3%
The AVAX crypto was also among the top gainers in yesterday’s session. The Avalanche price rose 3.45% to $10.37 as of writing on October 6, with its volume falling 12.99% to $182.71 million. On the other hand, the market cap of the crypto jumped 3.47% to $3.66 billion.
Avalanche Chart
