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Optimism (OP) Falls 4.73%, More Than Bitcoin (BTC) and Ether (ETH)

Bitcoin fell 1.39% and Ether 1.37% over the same 24-hour period, compared with OP’s 4.73% decline.

Updated 1 min read
Three unmarked geometric markers sit at different heights in a restrained market comparison graphic. / EconoTimes.ai
Three unmarked geometric markers sit at different heights in a restrained market comparison graphic. / EconoTimes.ai

CoinGecko and exchange spot data showed Optimism (OP) losing more over 24 hours than Bitcoin or Ether at 6:12 a.m. ET (10:12 UTC) Saturday, with the token at $0.1123.

OP was down 4.73%, while Bitcoin (BTC) declined 1.39% to $80,522 and Ether (ETH) fell 1.37% to $2,364.09 over the same period. These are rolling 24-hour changes, measuring each asset against its price a day earlier rather than its performance since the start of Saturday.

OP is used in governance on Optimism, a layer 2 network built on Ethereum. An earlier EconoTimes snapshot of OP’s 24-hour performance recorded a 9.8% decline at 3:12 p.m. ET (19:12 UTC) Oct. 22. That reading covered a separate rolling 24-hour window, so it does not measure OP’s change between the two dates.

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