Cryptocurrency Price Today October 17: Bitcoin Price Gains 2.01% At USD28,441.38; Shiba Inu Rises 208%

The digital asset market continued to trade on a positive for the second straight day on Tuesday as the global crypto market cap rose 1.09% at $1.09 Trillion, supported by gains in the price of the world's two largest cryptocurrencies Bitcoin and Ethereum.

Bitcoin price was up 2.01% at $28,441.38 per token on Tuesday. At this price, Bitcoin has a market capitalization of $554.77 Billion. Ethereum price also traded higher today. The price of Ethereum was seen trading at $1,589.27 per token, up 0.41%. Ethereum is the world's second-largest cryptocurrency in terms of market capitalization.

The total crypto market volume over the last 24 hours rose 66% to $58.2 Billion. The total volume in DeFi is currently $3 Billion, 5.16% of the total crypto market 24-hour volume. The volume of all stablecoins is now $54.05 Billion, which is 92.88% of the total crypto market 24-hour volume.

How are meme coins performing today?

Dogecoin: The price of Dogecoin was down 0.15% at $0.05993 per token at the time of writing this article. Dogecoin has a market cap of $8.48 Billion.

Shiba Inu: Shiba Inu price gained 208.38% at $0.00000000271 per token on Monday. At this price, the meme currency Shiba Inu has a market cap of $2.92 million.

Pepe Coin: The price of Pepe Coin (PEPE) fell 2.58% at $0.0000006679 per token today.

How Are Other Altcoins Performing Today?

XRP:

Ripple's XRP price was down 0.37% at $0.4917 on Tuesday. XRP is ranked number 5 out of all 8,884 active cryptocurrencies listed on CoinMarketCap.

Cardano:

Cardano price was down 0.78% at $0.2507 per token at the time of writing this article.

Solana:

Solana price was traded 6.18% higher today at $24.22 per token. Solana is the world's 7th largest cryptocurrency in terms of market cap.

Polkadot:

Polkadot price was down 1.58% at $3.75 per token at the time of writing this article. With a market cap of $4,624,914,567, Polkadot is the world's 14th largest cryptocurrency in terms of market cap.