20 October Crypto Price Snapshot: BTC Above 29K Dollars Mark, ENJ and SOL Show Strong Performance

Crypto News- 20 October crypto price snapshot: In the last 24 hours, the global cryptocurrency market cap has surged by 2.50%, as reported by data from CoinMarketCap, a leading cryptocurrency market tracking platform. Currently, the market is estimated to be valued at approximately $1.11 trillion.

20 October Crypto Price Snapshot: BTC Above 29K Dollars Mark, ENJ and SOL Show Strong Performance

Notably, over the course of the previous day’s trading, Bitcoin (BTC), Enjin Coin (ENJ), and Solana (SOL) all experienced significant price increases.

Bitcoin (BTC)

During the previous day’s trading, the market leader, Bitcoin (BTC), managed to break through the psychological barrier of $29,000. What’s more, it sustained its position above this significant price point at the time of this report. According to CoinMarketCap data, BTC was being exchanged at $29,223.53, reflecting a notable 24-hour gain of 3.18%.

Significantly, this recent price surge contributed to Bitcoin’s positive weekly performance. As a result, the leading cryptocurrency demonstrated a nearly 9% increase in its price over the past 7 days.

Enjin Coin (ENJ)

ENJ managed to secure a prominent spot on CoinMarketCap’s trending list and had clinched the coveted number 1 position at the time of this report. The altcoin saw its price surge to a peak of $0.2105 during the preceding day’s trading. Subsequently, it experienced a minor retracement and settled at its current price of $0.2094. Nevertheless, ENJ continued to trade in proximity to its 24-hour high, comfortably above its daily low of $0.2046.

In an official announcement on their dedicated X page, Enjin revealed that both the Enjin platform and NFT.io were now officially live on the Canary test network. According to the statement, developers now possess all the necessary tools and resources to commence building with Enjin, ushering in an exciting phase of development for the platform.

Solana (SOL)

Solana (SOL) emerged as the top performer within the cryptocurrency market’s top 10, orchestrating an impressive price surge exceeding 10% during the previous day’s trading. As a result, SOL was valued at $26.23 at the time of this update. Remarkably, this 24-hour price rally propelled SOL’s weekly performance significantly into positive territory, with a remarkable 23.72% increase over the past 7 days.

In conjunction with its notable price uptick, SOL also registered a substantial surge in its 24-hour trading volume. According to CoinMarketCap data, SOL’s trading volume had escalated by a substantial 146.78% at the time of reporting, reaching a total volume of $827,864,216. These developments underscored Solana’s robust performance within the market.