Significant downward price swings in cryptocurrency prices have been observed recently, which has led to pessimistic fears among participants in the worldwide market. Bitcoin (BTC) and Ethereum (ETH) saw significant price declines, with BTC plunging as low as $67K and ETH falling below $3,600. This declining trend was paralleled by meme currencies, XRP, and Solana (SOL) altcoins. Nevertheless, the prices of Gnosis (GNO) and Injective rose 4-9%, defying the general trend of the market.
The value of the entire cryptocurrency market fell by a substantial 2.49% to $2.48 trillion. On the other hand, the overall volume of the cryptocurrency market increased significantly to $74.94 billion, up 53.88% from the day before.
This is a quick update on the leading cryptocurrencies and their current price changes as of June 11.
Current Cryptocurrency Prices
Bitcoin
In the last 24 hours, Bitcoin’s price has decreased by 1.83%, and it is currently trading at $68,315. $67,905.26 and $70,146.84 are its 24-hour high and low, respectively. For Bitcoin, a trading session at the $67K threshold today wouldn’t be shocking.
According to a recent article by CoinGape Media, the significant liquidations that preceded the Fed meeting are the reason for the decline in the flagship cryptocurrency’s price. Nonetheless, Bitcoin’s market share rose to 54.14%, up 0.21% from the previous day.
Ethereum
In the meantime, the price of ETH dropped by 2.86% to $3,576.45 during the previous day, with daily lows and highs of $3,571.27 and $3,711.43, respectively. At $427.84 billion, Ethereum’s market capitalization was down 3.23% from the previous day.
Solana
The price of Crypto SOL dropped by 2.48% to $155.50 on the last day. The token’s 24-hour high is $162.83, and its 24-hour low is $155.22.
XRP
On the last day, the price of XRP, the cryptocurrency Ripple Labs facilitates, dropped by 2.68% to $0.4859. The 24-hour low and high for XRP are $0.4849 and $0.5053, respectively.
DOGE & SHIB Costs
Dogecoin (DOGE) fell 2.58% on the last day to $0.1419. Shiba Inu (SHIB) fell 2.92% to $0.00002261, both in line with the trajectory of the meme-themed cryptocurrency sector.
Similarly, other coins like dogwifhat (WIF) and Pepe coin (PEPE) adopted the general trend of the market.
Leading Crypto Profits Now
The price of Gnosis (GNO) increased 8.50% to $353.47.
The injectable (INJ) price shot up 4.61% to $28.92.
Oasis (ROSE) saw a spike to $0.1246 of 4.04%.
To $9.90, Uniswap (UNI) increased by 1.20%.
Today’s Top Crypto Losers
The price of Wormhole (W) fell 13.38% to $0.5591.
The value of Bitcoin (NOT) fell 13.26% to $0.01619.
At $0.000251, Floki Inu (FLOKI) dropped 8.35%.
The top gainer from yesterday, MANTRA (OM), corrected 7.82% to $0.9924.
Hourly time frame data reveal that ETH fell 1.70 percent and BTC fell 0.85%. Altcoins mirrored the downward trend, reflecting the hourly charts’ price decline.
