Bitcoin near $81,300 on Monday morning; ether down 6.6% over seven days

Bitcoin was little changed over 24 hours, CoinGecko data showed. XRP, Solana and Dogecoin were down 8% to 11% over the week.

A hand holding a gold-coloured physical token with the bitcoin symbol against a plain background
File photo: a commemorative physical bitcoin token (February 2023). Bitcoin itself exists only in digital form. Photo: Satheesh Sankaran / Wikimedia Commons, CC BY 2.0 (cropped and resized)

Bitcoin was trading at about $US81,340 as of 10:01pm GMT on Sunday 18 October, up 0.2% over 24 hours and down 2.9% over seven days, according to CoinGecko data. In the previous 24 hours it traded between about $80,670 and $82,180.

Ether was at about $2,379, down 0.2% over 24 hours and 6.6% over seven days, the data showed.

Among other large tokens, XRP was at about $1.28, down 9.7% over seven days. Solana traded near $102.64, down 8.3%, BNB was at about $714.78, down 5.4%, and Dogecoin was near 7.8 US cents, down 10.9%. All four were within 1% of their levels 24 hours earlier.

About $359 million of leveraged crypto positions were liquidated in the 24 hours to Sunday evening UTC, about 78% of them bets on higher prices, The Crypto Times reported, citing CoinGlass data. Ether positions accounted for about $82 million and bitcoin positions for about $48 million. The outlet said liquidations had reached nearly $937 million on 15 October.

The US Federal Reserve’s next interest rate decision is scheduled for 28 October, US time, according to the Fed’s meeting calendar.

Sources

  1. Cryptocurrency prices by market cap · CoinGecko
  2. Bitcoin Price Holds $81K, Ethereum Slips to $2,365 as Crypto Liquidations Cool to $359M · The Crypto Times
  3. Meeting calendars and information · Federal Reserve