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24 Hour Crypto Recap: Here’s What Happened in the Market

24 Hour Crypto Recap: Here’s What Happened in the Market

CoinEditionCoinEdition2026/10/14 07:39
By:CoinEdition

The global crypto market cap rose 1.2% to $2.91 trillion over the past 24 hours. Bitcoin traded at $83,349.20, up 2.3% on the day and down 2.7% over the past week, rebounding after briefly falling below $81,000 during Tuesday’s selloff. 

Ethereum changed hands at $2,504.60, up 3.5% in 24 hours and down 7.1% over seven days. BNB rose 2.4% to $744.25, down 4.6% weekly. XRP gained 3.7% to $1.37, falling 8.6% over the week. Solana rose 4.2% to $107.59.

Doge Pepe led trending searches, up 118.6% to $0.025511. Optimism followed, up 5.9% to $0.162, and Pearl rose 20.3% to $1.86. Among top gainers, Doge Pepe topped the list at 118.6%, Gains Network climbed 109.9% to $0.7455, and Quack AI rose 45.5% to $0.04592.

Ledger said all confirmed fund losses trace back to CryptoBilis-sold devices, with no evidence its own infrastructure was compromised.

South Korea’s KOSPI fell as much as 5.5% on Tuesday, down roughly 38% from its June record, with Samsung Electronics and SK Hynix dropping about 7% and 10% respectively after ChangXin Memory Technologies announced a 4F² architecture breakthrough in memory chip design, a threshold Samsung and SK Hynix have not reached. 

Bitcoin fell below $81,000 before rebounding above $84,000 and settling near $83,000. Chicago Fed President Austan Goolsbee warned that AI-driven price pressures are spreading beyond data centers into the broader economy, potentially forcing the Fed to hold tighter policy for longer.

Fed’s Collins separately said she expects “further” hikes before year-end, noting data center construction is pressuring inflation data. 

The CME FedWatch tool put the probability of a hold in October at 77.3%. Bridgewater founder Ray Dalio warned that expanding bond supply is pushing yields higher in a self-reinforcing cycle that will raise borrowing costs and inflate government debt further.

A whale/institution that accumulated 52,000 ETH via Galaxy Digital’s OTC desk between July and September fully liquidated the position, netting a $24.49 million profit after buying at an average price of $2,161 and selling at roughly $2,632.

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Michael Saylor said Bitcoin has bottomed and is entering a bull market, forecasting a return above $100,000 and 20-30% annual growth over coming years, while criticizing MSCI’s proposed index rule changes that could exclude Strategy from global equity benchmarks; a decision was expected Friday. 

Strive announced plans to raise $500 million through a new SATS perpetual preferred stock offering with a 15% fixed annual dividend. Nvidia CEO Jensen Huang said the company will announce a $20 billion AI investment in Europe next week during a Paris stop on his European tour.

Anthropic filed for a rehearing of its appeal over the Pentagon’s “supply chain risk” designation, arguing the court overlooked evidence the designation was retaliatory for its AI safety advocacy.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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