Crypto market update: BTC still holds at $62,000 mark

All top ten cryptos are up

A bitcoin on top of several dollar notes                                 
The volume of BTC has increased by 3.15% over the past 24 hours – Photo: Shutterstock
                                

The price of bitcoin (BTC) ended yesterday at $63,095 after rising 3.70% on the day, according to Currency.com. The lead cryptocurrency price now is $62,803.

The volume of BTC has increased by 3.15% over the past 24 hours. All top 10 cryptos on CoinMarketCap are up today, with BTC up by 0.31%.

Ethereum (ETH) is up 2.41% to $4,212, binance coin (BNB) is up 1.20% to $487 and cardano (ADA) is up by 2.11% to $2.18.

Ripple (XRP) is up 2.86% to $1.12 and dogecoin (DOGE) is up 2.85% to $0.27.

Both stablecoins tether (USDT) and USD coin (USDC) are up, with USDT up by 0.10% but still priced at $1, and USDC up 0.09% at $1.   

Biggest risers    

The biggest riser of the day is secret (SCRT) by 42.60% to $9.20. According to CoinMarketCap, SCRT “is the native coin of Secret Network, a blockchain with data privacy for smart contracts by default, allowing you to build and use applications that are both permissionless and privacy-preserving”.

The second-biggest riser of the day is NEAR Protocol (NEAR), which has risen by 26.32% to $12.93. NEAR, as CoinMarketCap describes it is “a decentralised application platform designed to make apps usable on the web. The network runs on a Proof-of-Stake (PoS) consensus mechanism called Nightshade, which aims to offer scalability and stable fees”.

The third-biggest riser of the day is harmony (ONE), increasing by 18.59% to $0.36. CoinMarketCap states that ONE “is a blockchain platform designed to facilitate the creation and use of decentralised applications (DApps)”.

Biggest fallers

OKB (OKB) is the biggest faller of the day, dropping by 7.10% to $24.68. OKB, is according to CoinMarketCap, “a cryptocurrency released by the OK Blockchain Foundation and Maltese crypto exchange, OKEx”.

The second-biggest faller of the day is decred (DCR), which has dropped by 3.43% to $121. DCR is described by CoinMarketCap as “a blockchain-based cryptocurrency launched in February 2016. The Decred token and protocol were created to facilitate open governance, community interaction, and sustainable funding policies”.

The third-biggest faller of the day is zcash (ZEC), which has experienced a drop of 3.47% to $167. ZEC “is a decentralised cryptocurrency focused on privacy and anonymity. It uses the zk-SNARK zero-knowledge proof technology that allows nodes on the network to verify transactions without revealing any sensitive information about those transactions,” CoinMarketCap states.

All prices were correct today, Tuesday 26 October, UK midday.

Bitcoin to US Dollar
Daily change
49019.1
Low: 48772.2
High: 49683.9

Further reading: Crypto market update: BTC bounces back to $62,000

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