Crypto Prices Today: BTC, Pepe Coin, & BNB Surge Boosts Market

17.10.2023

The cryptocurrency market witnessed choppy trading last week, as investors ran for the hill due to concerns over the Israel war. In addition, the economic data suggested that although inflation has cooled off in September, it remains higher than the Fed’s 2% target.

However, the investors seem to have shrugged off the recent concerns, while putting their bets on the risky assets again this week. The market has been in positive territory, suggesting an increased confidence of the market participants in the market. Notably, the crypto market fear and greed index was at 47, suggesting a neutral scenario in the market.

In crypto prices, the Bitcoin price was up 3.76% to $28,239.47 as of writing, while its volume over the past 24 hours rocketed 258.04% to $28.65 billion. Meanwhile, the recent gains in BTC price have sent its price 2.29% higher over the past seven days.

Among other cryptos, the Ethereum price increased by 1.79% to $1,589.65 on Tuesday, and its volume skyrocketed 196.67% to $9.09 billion during writing. On the other hand, the BNB price was up 1.44% to $213.66, with its volume soaring 48.49% to $518.09 million.

The XRP price added 1.12% to $0.4925 during writing, and its volume jumped 147.29% to $1.09 billion. Simultaneously, the Solana price rose 9.07% to $24.15, with its volume rocketing 328.53% to $789.65 million.

In meme coins, the Dogecoin price was up 0.97% to $0.05993 during writing, while the Shiba Inu price rose 1.08% to $0.000007088 at the same time. The one-day volume of the cryptos was up 156.95% and 48.87% to $260.86 million and $116.82 million, respectively.

The upward momentum in most of the major cryptos has bolstered gains in the broader market on October 17. As of writing, the global crypto market cap was up 2.32% to $1.09 trillion, and its volume over the last 24 hours rocketed 221.81% to $62.56 billion.

Also Read: FTX Debtors to Return 90% of Distributable Value to Customers

The Top 4 Cryptos For Today Are

Pepe Coin Remains Flat

The Pepe coin price was down 0.19% on Tuesday and traded at $0.0000006744, despite a positive momentum in the broader market. However, they moved towards the north earlier in today’s session, but the fluctuations in the prices suggested a highly volatile condition in the crypto’s price.

Pepe Coin Chart

Bitcoin SV (BSV) Adds 12%

The Bitcoin SV was among the top gainers on October 17, while adding over 10% in its price. Meanwhile, as of writing, the Bitcoin SV price rose 11.53% to $37.70, while its volume for the last 24 hours skyrocketed 870.96% to $255.61 million.

Bitcoin SV (BSV) Chart

Render (RNDR) Jumps 7%

The Render crypto was another top mover today, adding about seven percent in its price on Tuesday. Meanwhile, the Render price jumped 6.95% to $1.87 during writing, while its volume surged 391.20% from yesterday to $85.91 million.

Render (RNDR) Chart

IOTA (IOTA) Price Rises 4%

The IOTA price added 4.33% on October 17, and traded at $0.1514, while its volume rocketed 947.28% to $40.97 million. Among its recent development, the project announced yesterday that the IOTA Foundation will join the UAE startup delegation at the CEATEC conference in Chiba, Japan, underlining its pivotal role in tech innovation.