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In the past 24 hours, Bitcoin and Ethereum were down 1.6% and 1.5% respectively. Among the major altcoins, BNB, Dogecoin, Solana, Hyperliquid, Dogecoin and Cardano corrected upto 3.1% whereas Tron was up 0.3%. The global crypto market capitalisation was down 1.6% to $2.97 trillion, according to the data on Coingecko. Nischal Shetty, Founder, WazirX said The crypto market remained steady this week, despite changes in interest-rate expectations, Treasury yields, commodities, and global equities. “Bitcoin moved between approximately $83,000 and $83,800 before settling near $83,461. Its daily structure remained constructive, although momentum cooled as the asset repeatedly approached resistance. Ethereum strengthened from about $2,658 to $2,689 and stayed near the psychological $2,700 level. Support moved higher to 2,670-2,680, while 2,695-2,710 formed the immediate resistance zone.” Shetty further said that crypto ETFs recorded approximately $1.9 billion in overall net inflows, with positive flows outweighing an outflow of around $200 million on September 30. The weekly total indicates that institutional interest remained strong despite the late reversal. Over the last week, Bitcoin was up 0.8% whereas Ethereum was down 0.2%. Among the major altcoins, BNB, XRP, Solana, Tron, Dogecoin, Hyperliquid and Cardano corrected upto 4.6%. Riya Sehgal, Research Analyst, Delta Exchange said crypto markets saw a sharp macro-driven whipsaw after September U.S. nonfarm payrolls rose by just 29,000 versus 90,000 expected, while unemployment increased to 4.2% from 4.1%. Technically, Bitcoin’s rejection from the 86,000-87,200 supply zone has brought the price back near $84,500. Ethereum mirrored the move, rejecting from roughly $2,775 and retreating toward $2,680.” Also Read | Quant Mutual Fund says investors should stay agile in portfolio allocation amid market shifts Sehgal further said that with Bitcoin open interest having risen by roughly $2.3 billion and funding rates elevated, leverage remains an important source of near-term volatility alongside Treasury yields. (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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