Cryptocurrency Price Today October 19: Bitcoin Price Falls; Most Cryptocurrencies Trade Lower

The digital asset market traded in the red on Thursday as most cryptocurrencies traded lower indicating bearish sentiment in the crypto market today. On Thursday, the global crypto market cap tumbled 0.85% to $1.08 Trillion.

The total crypto market volume over the last 24 hours declined 18% to $37.8 Billion. The total volume in DeFi stood at $2.15 Billion, which makes up to 5.70% of the total crypto market 24-hour volume. The volume of all stablecoins at the time of writing this article stood at $35.49 Billion, which is 93.89% of the total crypto market 24-hour volume.

Bitcoin price fell 0.80% at $28,333.06 per token on Thursday. Elon Musk's electric vehicle company Tesla has released its third-quarter earnings report. As per this report, Tesla did not buy or sell any sale of Bitcoin (BTC) in the three months to September.

As of September 30, Tesla's Bitcoin holding was around 9,720 BTC which is currently valued at approximately $275.6 million.

The price of the world's second-largest cryptocurrency Ethereum extended losses for the second consecutive day. Ethereum price was down 1.89% at $1,547.92 per token. Ethereum has a current market cap of $186,169,649,164.

How are meme coins performing today?

Dogecoin: The price of Dogecoin was down 1.50% at $0.05815 per token at the time of writing this article. Dogecoin has a market cap of $8.23 Billion.

Shiba Inu: Shiba Inu price fell 2.28% at $0.000006744 per token on Thursday. At this price, the meme currency Shiba Inu has a market cap of $3.97 billion.

Pepe Coin: The price of Pepe Coin (PEPE) fell 1.98% at $0.0000006263 per token today.

How Are Other Altcoins Performing Today?

XRP:

Ripple's XRP price was down 1.49% at $0.4802 on Thursday. XRP is ranked number 5 out of all 8,877 active cryptocurrencies listed on CoinMarketCap.

Cardano:

Cardano price was down 1.74% at $0.2421 per token at the time of writing this article.

Solana:

Solana price was traded 0.75% lower today at $23.84 per token. Solana is the world's 7th largest cryptocurrency in terms of market cap.