Crypto Market Update: Bitcoin Slips Below $82,000 as BNB and Monero Gain

What to Know

The cryptocurrency market recorded mixed price movements on October 20, with Bitcoin (BTC), Ethereum (ETH), and XRP posting modest declines. According to CoinGecko data, several major altcoins maintained gains despite weaker trading across the largest cryptocurrencies.

Bitcoin (BTC) traded at $81,786.92 following a 0.5% decline over 24 hours, with its market capitalization reaching $1.64 trillion and daily trading volume standing at $25.31 billion. Ethereum (ETH) also declined 0.5% to $2,398.63, recording $9.13 billion in daily trading volume and maintaining its position as the second-largest cryptocurrency with a market capitalization of $293.01 billion.

Meanwhile, XRP fell 0.4% to $1.30, bringing its market capitalization to $82.10 billion, while daily trading volume reached $1.28 billion as the cryptocurrency remained near the $1.30 level. BNB moved against the broader market weakness, gaining 0.7% to trade at $729.61, with its market capitalization reaching $95.96 billion and daily trading volume standing at $701.75 million.

Also Read: XRP Exchange Reserves Near 2026 High as Binance Open Interest Drops 15.8%

Monero Advances as Solana and Dogecoin Record Limited Price Movement

Monero (XMR) emerged among the stronger major cryptocurrencies, climbing 2.1% to $602.09 during the reporting period. The privacy-focused cryptocurrency recorded $174.34 million in trading volume and maintained a market capitalization of $11.33 billion.

Solana (SOL) traded at $104.51 with virtually no change over 24 hours, while its daily trading volume reached $2.51 billion and its market capitalization stood at $61.61 billion. Similarly, Dogecoin (DOGE) remained relatively unchanged at $0.07927, recording $375.28 million in daily trading volume, while TRON (TRX) showed limited movement at $0.3314 with a market capitalization of $31.48 billion.

Elsewhere, Zcash (ZEC) declined 2.0% to $1,139.27, contrasting with Monero’s positive performance, as its daily trading volume reached $651.06 million and its market capitalization stood at $19.37 billion.

Smaller cryptocurrencies recorded substantially larger percentage gains despite mixed performance among major digital assets.  StartupSI (STARTUPSI) led the gainers with a 133.8% increase to $0.01813 and $13.70 million in trading volume, while HoodPork (PORKU) climbed 86.5% to $0.03014 and Bedrock (BR) advanced 44.7% to $0.6649.

Additionally, Phala Network (PHA) gained 28.5% to $0.06166, recording trading volume of $106.95 million. Overall, the market displayed contrasting movements, with Bitcoin and Ethereum declining while BNB, Monero, and several smaller tokens advanced.

Also Read: Ripple Mints 38.6 Million RLUSD as Standard Chartered Expands Institutional Custody