Crypto On Oct. 5: Bitcoin Breaks $20,000, Ether Retains $1,300
KEY POINTS
- The best performers were TON, LUNA, HNT and EGLD
- The top losers were RSR, CHZ, POLY and BTRST
- The fear and greed index rose to 25
The crypto market opened in green Wednesday, with leading cryptocurrencies Bitcoin (BTC) and Ether (ETH) trading well above $20,000 and $1,300 price levels, respectively.
The world's biggest cryptocurrency successfully retained $19,000, while ETH reclaimed the $1,300 price level Tuesday.
The trading volume of BTC jumped 23.33% in the last 24 hours, while that of ETH surged 6.52%. The price of BTC surged 3.07% while ETH jumped 2.09% in the same period.
According to data from CoinMarketCap, BTC and ETH tokens were priced at $20,194 and $1,355, respectively, as of 12.00 a.m. ET. The crypto fear and greed index was still in the "extreme fear" zone as its value rose to 25.
BTC was up 7.85% in the last seven days, while ETH's price jumped 5.49%.
Other top 10 crypto coins in the market also showed bullish movement, with Binance Coin (BNB) up 2.51% to $294.83; Solana (SOL) up 3.05% to $34.10; Cardano (ADA) up 1.09% to $0.4324; Dogecoin (DOGE) up 7.82% to $0.065; and Ripple (XRP) up 4.53% to $0.4753.
The top gainers included Toncoin (TON), which was up 4.32% to $1.40; Helium (HNT), which was up 9.02% to $5.31; Terra (LUNA), which was up 5.56% to $2.59; and Elrond (EGLD), which was up 5.01% to $55.11.
The top losers in the crypto market were Chiliz (CHZ), which was down 1.15% to $0.2162; Reserve Rights (RSR), which slipped 4.55% to $0.009099; Braintrust (BTRST), which was down 2.60% to $2.18; and Polymath (POLY), which dropped 2.59% to $0.2563.
Other major tokens that were bullish included Polkadot (DOT), which jumped 0.30% to $6.40; Polygon (MATIC), which rose 3.02% to $0.8396; and Avalanche (AVAX), which jumped 0.54% to $17.32.
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