Whether you’re an experienced trader or a curious investor, understanding the latest crypto market moves can save you from costly mistakes and help spot the next big opportunity. Today’s review breaks down the key market shifts, Bitcoin, Ethereum, and altcoin price moves, and what to expect next — so you can make smarter decisions before the market takes off or dips.
Key Crypto Market Developments
- The global crypto market had a slight contraction with a market cap close to $3.79 trillion, reflecting a minor decline of -0.85% in the last 24 hours.
- Bitcoin and Ethereum remain dominant but showed some volatility and slight price fluctuations.
- Altcoins showed mixed performance with some notable gainers and losers.
- Market sentiment is cautious with predictions pointing to possible volatility ahead in Q4, with analyst warnings of potential downturns but also bold forecasts for Bitcoin gaining momentum later in the quarter.
The Fear&Greed Index has dropped to 34.
The crypto market is currently experiencing strong correctionary sentiments. The overall market capitalization finds strong support around the $3 trillion USD level.
Latest Bitcoin and Ethereum Price Movements and Positions
- Bitcoin price is around $112,472.52 with a 24-hour trading volume about $91.5 billion. It experienced a slight increase about 0.85% within 24 hours, with a price range between $109,945.86 and $113,671.99.
- Ethereum price is approximately $4,118.71 currently, with a daily trading volume around $31.72 billion, showing a marginal increase of around 0.13% in the past 24 hours.
- Bitcoin’s market cap is around $2.24 trillion.
- Both coins are battling resistance levels around recent all-time highs but showing resilience against major dips.
Key On-Chain Bitcoin Metrics for Last 24 Hours (approximate data)
| Metric | Value |
|---|---|
| Block Height | 919,139 |
| Blocks Mined | 163 |
| Median Fee (Next Block) | 2 satoshis per vByte |
| Median Fee (30 min) | 1 satoshi per vByte |
| Median Fee (1 hour) | 1 satoshi per vByte |
| Transactions in Mempool | 2,202 |
| Pending Fees (BTC) | 0.02 BTC (~$2,050) |
| Average Block Time | 10 minutes 22 seconds |
| Mempool Size | 0.65 MB |
| Percentage of Replace-by-Fee (RBF) Transactions | 49.14% |
| Short-term Holder Supply Increase (quarterly) | +559,000 BTC |
| Circulating Supply in Profit | >95% |
In the BTCUSD position, we are still waiting for the market to choose a clear direction. The 4H timeframe chart shows consolidation with signs of a bearish market. Therefore, it is possible to place a Sell Short order at $110,150. This way, we can take advantage of all opportunities the market offers.
Key On-Chain Ethereum Metrics For Last 24 Hours
| Metric | Value |
|---|---|
| Transactions Per Day | ~1.58 million |
| Active Addresses | Stable to slightly increasing |
| Stablecoin Market Cap (7-day) | $158.9 billion |
| Decentralized Exchange (DEX) 24h Volume | $5.498 billion |
| Perpetual Futures 24h Volume | $2.598 billion |
| Key network upgrades anticipated | Positive impact on utilization |
In the ETHUSD position, there is a clear consolidation, where the market is clearly not finding any direction. During such times, it is better to take no action in the market, because being out of the market is also a position. However, since we are already in a long position, we are waiting.
Best performing altcoin of the day
- Bittensor (TAO) is the best performing altcoin with a 10.02% price increase and a substantial 24-hour volume of $956 million. Reasons for Bittensor’s rally include growing adoption in decentralized AI computing networks and increased market speculation. Buying coins at this stage carries significant risk, as prices have climbed to local peak levels.
- Other strong performers included Zcash (+6.73%) and Aster (+5.32%). Zcash price is undergoing a correction after reaching its all-time high. It is better to wait for either a new upward surge or a deeper correction before buying.
A buy long signal has been generated for ASTERUS at the price level of $1.596.
Current Market and BTC/ETH Price Predictions
- Analysts predict cautious trading in October with potential short-term dips in the BTC market before bullish momentum returns in Q4.
- Bitcoin forecasts suggest prices may retest resistance near $115,000-$120,000 levels by year-end.
- Ethereum is expected to maintain support around $4,000 with upside potential toward $4,500-$5,000 based on upcoming network upgrades and DeFi demand.
High Growth Potential Crypto Projects
- Market Overview: Polkadot (DOT) – known for interoperability and growing ecosystem.
- Bitcoin On-Chain Metrics Related Project: Lightning Network-related tokens – LND-like projects enhancing BTC scalability.
- Ethereum On-Chain Metrics Related Project: Optimism (OP) – Layer 2 scaling solution gaining traction.
- Altcoin Best Performer: Bittensor (TAO) – focus on decentralized AI.
- Price Predictions Related Interest: Chainlink (LINK) – strong oracle infrastructure with growth prospects.
Crypto Conclusion
So, crypto kept us on our toes today — a little up, a little down, kind of like that roller coaster you didn’t mean to get on but now you’re screaming on. Whether you’re buying, selling, or just holding on for dear life, keep an eye on those charts and maybe, just maybe, your crypto portfolio will be the roller coaster with a gold star at the end.
Source: Coincentral.com, Tradingview.com, Coinranking.com, Coingecko.com
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