Cryptocurrency Price Today October 16: Bitcoin Above $27,800, Global Crypto Market Cap Rises 2.37%

The cryptocurrency market traded in the green on Monday as the prices of the world's two largest cryptocurrencies and other altcoins traded higher today. At the time of writing this article, the global crypto market cap was up 2.37% at $1.08 Trillion. The total crypto market volume over the last 24 hours rose 159.76% to $35.36 Billion. The total volume in DeFi at $2.52 Billion is 7.14% of the total crypto market 24-hour volume.

Bitcoin price gained 3.32% at $27,805.75 per token on Monday. At the time of filing this story, Bitcoin has a market capitalization of $542.61 Billion. The world's second largest cryptocurrency Ethereum gained 1.36% at $1,580.44 per token. At this price, Ethereum has a market cap of $190.05 Billion. Tether (USDT) was also up 0.01% at $1.00 per token.

How are meme coins performing today?

Dogecoin: The price of Dogecoin was up 0.58% at $0.0598 per token at the time of writing this article. Dogecoin has a market cap of $8.46 Billion.

Shiba Inu: Shiba Inu price gained 0.74% at $0.000007081 per token on Monday. At this price, the meme currency Shiba Inu has a market cap of $4.17 Billion.

Pepe Coin: The price of Pepe Coin (PEPE) rose 0.43% at $0.0000006793 per token today.

How Are Other Altcoins Performing Today?

XRP:

Ripple's XRP price was up 0.55% at $0.4908 on Monday. XRP is ranked number 5 out of all 8,898 active cryptocurrencies listed on CoinMarketCap.

Cardano:

Cardano price was up 1.64% at $0.2519 per token at the time of writing this article.

Solana:

Solana price was traded 3.34% higher today at $22.71 per token. Solana is the world's 7th largest cryptocurrency in terms of market cap.

Polkadot:

Polkadot price was up 0.37% at $3.78 per token at the time of writing this article. With a market cap of $4,662,371,184, Polkadot is the world's 14th largest cryptocurrency in terms of market cap.