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In the past 24 hours, Bitcoin was down 1.2% and Ethereum was down 1.1%. Among the major altcoins, XRP, Solana, Hyperliquid, Dogecoin and Cardano corrected upto 2.2% whereas BNB and Tron were up 0.1% and 0.2% respectively. Riya Sehgal, Research Analyst, Delta Exchange said the pullback has been driven by a combination of macro uncertainty, weakening institutional flows and leveraged positioning. Also Read |Explained: What are rolling returns in mutual funds and how do you calculate them? The global crypto market capitalisation went down 0.8% to $2.80 trillion, according to the data on Coinmarket cap. Over the last week, Bitcoin was down 0.8% and Ethereum was down 1.8%. Among the major altcoins, XRP, Solana, Tron, Dogecoin, Hyperliquid and Cardano corrected upto 5.7% whereas BNB was up 2.5%. Nischal Shetty, Founder, WazirX said Crypto markets experienced an uneven week, with an initial recovery giving way to renewed selling pressure. Bitcoin traded near $83,460 on October 22 before slipping to approximately $81,198 in the latest snapshot. “Ethereum also weakened from around $2,452 to $2,388, falling below the psychological $2,400 level and the pullback coincided with weakness in US equities” Shetty further said that heading into next week, attention remains on energy prices and ETF flows. Persistently elevated oil prices could complicate inflation expectations and weigh on hopes for monetary easing. (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times) (What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .) Subscribe to ET Prime and read the Economic Times ePaper Online.and Sensex Today. Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price (What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .) Subscribe to ET Prime and read the Economic Times ePaper Online.and Sensex Today. Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price
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