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Bitcoin Holds Near $81,500 as Crypto Market Value Slips 1%

LayerZero (ZRO), STRK and Pyth (PYTH) each lost more than 10% over 24 hours; Ether and XRP also declined.

Updated 1 min read
A commuter checks a smartphone at Seoul Station in Seoul, South Korea / EconoTimes.ai
A commuter checks a smartphone at Seoul Station in Seoul, South Korea / EconoTimes.ai

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Bitcoin (BTC) was near $81,500 on Oct. 17 as total cryptocurrency value declined 1% over 24 hours to $2.74 trillion, alongside losses in several other digital assets.

Bitcoin's $1.63 trillion market capitalization amounted to less than 60% of the overall total. LayerZero (ZRO), STRK and Pyth (PYTH) each fell by more than 10% over the 24-hour period.

Ether (ETH) was priced at $2,430 after a 1% slide. XRP was $1.31, down 2.4%.

ZEC and TAO also moved lower, by 5.2% and 5.5%, respectively.

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