CryptoSlate Daily wMarket Update – Oct. 3: Ethereum, Solana lead top 10 crypto gains as market turns green

Total crypto market cap stood at $951.22 billion as of press time, up 2.53% compared to the previous day. After outflows of $15.67 billion during the weekend, the market cap saw inflows of $23.48 billion over the past 24 hours.

The market capitalization of the largest cryptocurrency, Bitcoin (BTC), grew 2.92% to $379.06 billion from $368.28 billion the previous day. Ethereum’s (ETH) market cap, on the other hand, rose 3.42% over the past 24 hours to $163.96 billion.

The top 10 cryptocurrencies booked gains over the past 24 hours, with Ripple (XRP) and Solana (SOL) leading the pack at 3.41% and 3.35%.

The USD Coin (USDC) market cap continued to decline over the past 24 hours, dropping to $47.17 billion from $47.34 billion. The market cap of Tether (USDT) and BinanceUSD (BUSD) remained nearly stable at $67.95 billion and $21.05 billion, respectively.

Bitcoin

The price of Bitcoin climbed 3.19% over the past 24 hours to trade at $19,811.14 as of press time. Bitcoin’s market dominance rose marginally to 39.9% during the period.

Over the past 24 hours, BTC price dipped as low as around $19,133. Since around 14:00 UTC, the price of the largest cryptocurrency traded with an upward bias with frequent dips, starting a steady climb upwards at around 01:00 UTC.

Coinciding with Bitcoin’s gains, the U.S. stock market saw an uptick over the past 24 hours.

Ethereum

ETH led the rally over the past 24 hours, gaining 3.43% to trade at around $1,338 at press time. Ethereum’s market dominance improved slightly to 17.3% from 17.1% the previous day.

Like Bitcoin, ETH price rose steadily over the past 24 hours, with a few small dips. Around 08:00 UTC, the price of Ethereum fell to a low of $1,286, before continuing its upward climb.

Top 5 Gainers

Constellation

DAG booked the biggest gains over the past 24 hours, growing 19.21% to trade at around $0.08 at press time. The token’s market cap stood at $106.26 million at press time.

Ergo

ERG continued to solidify its gains over the past few days, gaining 18.21% to trade at around $2.90 at press time. Its market cap reached $170.06 million at the time of publishing.

Vulcan Forged PYR

PYR rose 17.15% over the past 24 hours to trade at $4.10 as of press time. The metaverse token’s market cap stood at $98.11 million at 06:00 UTC.

COTI

COTI bagged 14.41% gains over the past 24 hours to trade at $0.12 at press time. The digital payments token is up 30.39% for the month, while its market cap reached $139.43 million at press time.

BabyDoge Coin

BabyDoge recorded 11.78% gains over the past 24 hours, trading at around $0.0000000014 at the time of writing. The memecoin’s market cap stood at $163.78 million.

Top 5 Losers

Decentralized Social

DESO saw the day’s biggest decline after being the biggest gainer on Oct. 2, falling by 25.12% to trade at around $13.46 at press time, eliminating the majority of the gains from the previous day.  The token’s market cap reached $119.63 million during the period, down from $154.65 million the previous day. However, the token is still up 108.19% for the month.

Reserve Rights

RSR plunged 6.63% over the past 24 hours to trade at $$0.009 at the time of writing. The token’s market cap fell to $397.64 million during the period. RSR is up by more than 50% over the past month.

Fruits

FRTS fell by 1.97% over the past 24 hours and was trading at $0.013 at press time. The token’s market cap stood at $282.7 million. The token is trading 99% lower than its all-time high set in December 2021.

Helium

HNT price saw heavy volatility and was trading at $4.86 at press time — down 1.9% over the past 24 hours. The token’s market cap fell to $620.13 million during the period. The token has traded steadily downwards this year but bagged gains of over 19% over the past 30 days.

BinaryX

BNX fell 1.87% over the past 24 hours to trade at $155.40 as of press time, eliminating part of the gains it bagged over the past few days. Its market cap stood at $314.38 million at the time of writing. The token is up 269.38% over the past 12 months.

Mentioned in this article

Bitcoin Ethereum Solana XRP Constellation Ergo Vulcan Forged PYR COTI Baby Doge Coin Decentralized Social Reserve Rights Fruits Helium BinaryX (old) USD Coin Tether Binance USD

Author

Monika Ghosh

Reporter at CryptoSlate

In 2020, Monika immersed herself in crypto, maintaining skepticism yet firmly believing blockchain could address key issues like financial disparity and transparency. A book-lover, she's also a passionate food enthusiast.

@TheMonsoonChild LinkedIn Email Monika

Ad

TRON DAO at Harvard Blockchain Conference and New TRON Builder Tour Stop

Ad

CryptoSlate on X x.com/cryptoslate

Join our X community for real-time crypto news and expert insights.

Join 50k followers

Ad

Latest Alpha Market Report

Available exclusively via

Dial H for Halving: Unpacking the technicalities of Bitcoin’s halving

Andjela Radmilac · 3 days ago

CryptoSlate's latest market report dives deep into the Bitcoin halvings, exploring its technical underpinnings, the historical context of previous halvings, and their long-term impacts on the network.

Latest Press Releases

View All

Circle of Games secures $1 million of strategic funding from Nazara Technologies and The Hashgraph Association

Chainwire 17 mins ago

ceτi AI Acquires Big Energy Investments Inc. to Boost Its High-Performance Computing Capabilities in North America

Chainwire 2 hours ago

Over 1,000 Builders, Partners, Investors and Enthusiasts Gather at Inaugural Global Event to Celebrate Sui

Chainwire 2 hours ago