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Bitcoin & Ethereum Bearish, Filecoin & Injective Rally

Bitcoin & Ethereum Bearish, Filecoin & Injective Rally

Trading and investors are a little uneasy about cryptocurrency values after Bitcoin (BTC) and Ethereum (ETH) dropped below $3,600 and $69K over the last 24 hours. Due to the price activity, memes, XRP, Solana (SOL), and altcoins dropped in value. Nevertheless, there is a bright spot: Filecoin (FIL) and Injective (INJ) are among today’s top gainers, offering a chance for financial gain. On the other hand, Core and “dogwifhat” (WIF) were two of the day’s biggest losses.

While the overall volume of the cryptocurrency market rose by 42.17% to $106.43 billion from yesterday, the global crypto market cap fell by 2.60% to $2.55 trillion.

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Here is a group briefing on some of the most popular cryptocurrencies and their current June 8 pricing.

Best Cryptocurrency Prices Right Now

Bitcoin

As I was writing, Bitcoin’s price had dropped by 2% over the previous day to $69,487.09. The market turned bearish for the flagship cryptocurrency following a significant breach above $71K. Its 24-hour high is $71,918.97, and its low is $68,507.26.

Over the previous day, Bitcoin’s dominance increased by 0.38%, ending the day at 53.62%. The token’s market value was $1.37 trillion.

Ethereum

In line with the general market trend of the day, ETH prices declined in tandem with the declining price movement. At $3,688.51, the token was down 3.09% over the previous day. $3,604.78 and $3,838.45 are its 24-hour bottom and peak, respectively.

Solana

At the same time, the price of SOL declined, falling 4.49% to $162.72 in the previous day. The token’s 24-hour high was $172.44, and its low was $154.88.

XRP

Additionally, XRP, a digital asset backed by Ripple Labs, dropped 4.33% to $0.5002, breaking below the critical $0.52 support level. Its 24-hour high is $0.5275, and its 24-hour low is $0.4631.

XRP has moved in tandem with the wider market, even though it is considered a currency for the BRICS payment system.

DOGE & SHIB Costs

Meme coins also sharply declined today, with DOGE falling 7.88% to $0.1483 and SHIB falling 4.39% to $0.00002388.

 

Leading Crypto Profits Now

To $30.24, Injective (INJ) increased 7.98%.

To $6.32, Filecoin (FIL) saw a 6.53% increase.

Sei (SEI) saw a 5.04% increase to $0.5339.

Wormhole (W) increased by 2.62% to $0.7189 as it kept rising.\

 

Leading Crypto Losers

Dogwifhat (WIF) fell 12.48% to $2.83 today.

DYDX (DYDX) dropped 11.41% to $1.93, while Core (CORE) fell 12.18% to $1.77.

Gala adjusted by 10.95% to $0.04000.

Hourly time frame data show that while Ethereum and Solana failed to build upward momentum, the values of BTC and XRP declined.

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