The cryptocurrency market registered a marginal decline over the past 24 hours as prominent altcoins, including Ethereum (ETH), Ripple (XRP), and Solana (SOL), fell into bearish territory. However, Bitcoin (BTC) defied bearish trends and is up nearly 1%, trading around $114,542. 

The flagship cryptocurrency traded around $112,874 on Tuesday but recovered from this level to start October in positive territory. BTC reached an intraday high of $114,744 before moving to its current level of $114,506. 

Meanwhile, ETH is struggling to regain momentum, with selling pressure pushing it back into the red. The altcoin briefly crossed $4,200 but lost momentum after reaching this level and moved to its current level of $4,142, down almost 1%. XRP is down over 1%, while SOL is marginally up, trading around $209. DOGE traded around $0.233, while Cardano (ADA) is up 1.35%, trading around $0.805. Chainlink (LINK), Stellar (XLM), Hedera (HBAR), and Polkadot (DOT) also registered notable declines. However, Toncoin (TON) and Litecoin (LTC) bucked the bearish trend to register marginal increases. 

CZ Warns BNB Chain’s Official Account May Be Compromised 

Binance co-founder Changpeng “CZ” Zhao has warned that the official X account of BNB Chain could be compromised. The breach came to light after the official account posted a suspicious link promoting a fake BSC rewards program. Zhao stated on his official account, 

“The BNB Chain X account may have been compromised. Please do not click on any links recently posted from this account. The teams are investigating and will share updates as soon as possible.”

The suspicious post on the BNB Chain account urged users to vote on an upcoming BSC rewards site and cla

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Author: Amara Khatri