The significant bullish momentum in the cryptocurrency market yesterday was followed by a diminishing price movement today. Around $70,000, Bitcoin’s price fluctuated, fluctuating between red and green zones. At the same time, Ethereum remained resilient, staying close to $3,800.
Conversely, altcoins ADA, XRP, and SOL saw a decline in value. On the other hand, prominent meme currency companies, DOGE and SHIB, saw significant growth.
Top Cryptocurrency Prices
Bitcoin
After falling 1.77% during the previous day, the price of bitcoin is now trading at $69,958. $69,191.12 and $71,426.98 are its 24-hour high and low, respectively.
The market capitalization of the leading cryptocurrency dropped 1.83 percent to $1.37 trillion, and the 24-hour trading volume dropped 18.43 percent to $40.73 billion.
Ethereum
On the other hand, Ethereum’s price trajectory showed persistent upward momentum today, rising 3.24% to $3,804 over the previous day. Its 24-hour high and low are $3,628.10 and $3,837.37, respectively.
Today, the value of the second-largest cryptocurrency by market cap increased by 3.10% to $456.16 billion. Nevertheless, the 24-hour trading volume dropped to $33.55 billion, a 6.20% reduction.
Ethereum’s current attention-grabbing rise is mainly because of the odds increasing AFFfavorETF approval.
Solana
According to the market chart, the price of SOL’s cryptocurrency fell by 3.83% during the previous day to $177. Solana’s 24-hour low and high are $174.71 and $184.79, respectively, based on data from CoinmarketCap.
The 24-hour trading volume declined 19.77% to $4.06 billion, while the token’s market worth fell 3.76% to $79.55 billion.
XRP
The coin supported by Ripple Labs saw extremely erratic market behavior over the last day, with modest increases of 0.09%. With a 24-hour range of $0.5322 to $0.5561, XRP is presently trading at $0.5357.
The recent resistance by the U.S. SEC to Ripple’s move to redact and seal some papers about remedies is the reason behind this extremely erratic pricing behavior.
Cardano
Cardano (ADA) also fell 1.39% over the previous day, closing at $0.492 at the time of publication. On the last day, ADA reached a high of $0.5067 and a low of $0.4911.
An Overview of Meme Coin Prices
Dogecoin (DOGE) is trading at $0.1707 after showing a 4.16% price increase over the previous 24 hours. Shiba Inu (SHIB) is trading at $0.0000261 after posting gains of 2.49% from earlier.
Today’s Top Crypto Gainers
Floki Inu (FLOKI): The price of FLOKI increased by 10.77% to $0.0002158 today.
Pepe Coin (PEPE): PEPE rested at $0.00001419 after rising 6.10%.
Arweave (AR): During writing, the price of Arweave currency increased by 2.28% to $45.87.
Wormhole (W): The price chart of Wormhole indicated a spike of 0.53% to $0.5675.
Today’s Top Crypto Losers
Worldcoin (WLD): At $4.79, Sam Altman’s WLD saw a 9.30% decline.
Ethena (ENA): EA fell 6.98% today to $0.7021.
Celestia (TIA): Over the previous day, TIA fell 6.77% to $8.19.
Dogwifhat (WIF): WIF dropped 5.98% to $2.92, the Solana meme coin.
The value of the world’s cryptocurrency market was $2.59 trillion, down 0.43% from the previous day. In the meantime, the market was perceived as “greedy,” according to the fear and greed index. Interestingly, the likelihood that the ETH ETF will gain traction is the main reason for Ethereum’s continuous surge. The turbulence in Bitcoin’s re-accumulation phase provides more justification for the current price fluctuations of the unit.
