Mixed market: 6 rise and 4 fall among the top 10 cryptocurrencies, with the top 10 gaining an average of 0,67%.
Market data as of 20:55 (peninsular time) on 05/10. Prices change continuously.
The key points of the day
- Bitcoin and Ethereum: BTC 76.366 € (+ 0,65 %), ETH €2.416 (+ 0,62 %).
- What moved the most: Cardano + 6,47 %Hyperliquid + 3,31 %.
- The reason for the day: In the last 24 hours, the crypto market showed a slightly positive tone, although with contained movements and divergences between assets.
What has moved the market
Crypto market was tight, with BTC and ETH advancing modestly while ADA led the gains; the source points to the RealFi institutional lending product and the upcoming Dijkstra upgrade as possible factors. View source
Relative strength in Cardano due to technical breakout and positive narrative of ADA (CoinDesk; CryptoTimes; Cointelegraph/Cryptonomist/coverage cited in snippets).
Crypto market slightly constructive due to cooling expectations of October rate hikes (RTTNews).
Cardano (ADA) It goes up 6,47%
Cardano goes from €0,22 to €0,24 in 24 hours.
- ADA rose on a combination of technical momentum and press coverage about its relative strength: CoinDesk reported that the token gained around 10% in 24 hours and cited the 'RealFi' fund and the upcoming Dijkstra scalability phase as potential catalysts.
- Another report from October 5 attributed the rally to a 'golden cross' technical signal and highlighted that ADA hit multi-month highs, with increased volume and a break of nearby resistance levels.
- ADA surged, surpassing $0,27, while BTC and ETH saw much smaller gains. The news tentatively attributes ADA's relative strength to interest in RealFi, an institutional lending product associated with Cardano, and anticipation of the upcoming Dijkstra scalability upgrade; the source itself clarifies that the exact catalyst is not confirmed.
Sources: CoinDesk · Cryptoticker · Cryptotimes
The rest of the top
Sui (-2,57%), Chainlink (-1,89%), Quant (-1,60%), and Solana (-0,84%) fell without any specific news on the horizon, in line with the market's overall tone. Hyperliquid (+3,31%), Near Protocol (+2,50%), Bitcoin (+0,65%), Ethereum (+0,62%), and XRP (+0,01%) rose without any identified catalyst.
Top 10 Prices
| Criptomoneda | Price | 24 h | Operate |
|---|---|---|---|
| Bitcoin BTC | 76.366 € | + 0,65 % | Operate |
| Ethereum ETH | 2.416 € | + 0,62 % | Operate |
| XRP | 1,34 € | + 0,01 % | Operate |
| Solana SOL | 107,10 € | -0,84% | Operate |
| Cardano ADA | 0,24 € | + 6,47 % | Operate |
| Sui | 1,06 € | -2,57% | Operate |
| Near-Protocol NEAR | 4,57 € | + 2,50 % | Operate |
| Hyperliquid HYPE | 82,96 € | + 3,31 % | Operate |
| Quant QNT | 224,24 € | -1,60% | Operate |
| chainlink LINK | 12,38 € | -1,89% | Operate |
Today's news
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A recent study reveals that stablecoin liquidity in Latin America rests with just 16 companies, posing challenges for the crypto ecosystem.
Crypto regulation: New York and Wyoming join forces to oversee
New York and Wyoming sign key agreement to coordinate oversight and expedite licenses for crypto companies in the US.
MARA signs Peter Todd to lead its Slipstream mempool
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Evernorth will debut on Nasdaq with 473 million XRP
Evernorth receives the green light to list on Nasdaq under the ticker XRPN, backed by a corporate treasury of 473 million XRP tokens.
Check out all crypto market summaries
Generative artificial intelligence tools were used to create this article.
