Today, the cryptocurrency market experienced a significant downturn, with Bitcoin dropping to around $67,000 and Ethereum falling below $3,300.

Bitcoin’s price plummeted to $65,000, marking a substantial decline, while Ethereum followed suit, dipping below the $3,300 threshold. Additionally, other prominent altcoins like Cardano, Solana, and XRP also saw notable decreases in their prices.

Here’s a snapshot of the major cryptocurrency prices today:

• Bitcoin saw a 4.98% decrease, trading at $67,582.00, with a trading volume surge of 56.89% to $47.40 billion in the last 24 hours. Its market capitalization stood at $1.33 trillion.
• Ethereum experienced an 8.35% drop, reaching $3,254.32, with a trading volume surge of 82.12% to $24.87 billion. Its market valuation was $390.86 billion.
• Binance Coin (BNB) declined by 4.04%, reaching $590.80, while its 24-hour trade volume increased by 134.24% to $2.91 billion.

Solana’s price fell below $160, recording an 11.77% decrease to $153.95, with a trade volume surge of 106.97% to $5.50 billion. Similarly, XRP’s price dropped below $0.55, declining by 10.64% to $0.5483, with a trading volume surge of 166.17% to $3.16 billion.

Cardano saw a 13.36% decrease, trading at $0.5111, while its 24-hour trading volume surged by 282.83% to $1.26 billion. Meme coins like Dogecoin and Shiba Inu also witnessed declines, with Dogecoin falling by 12.47% to $0.1747 and Shiba Inu dropping by 11.13% to $0.00002465.

In addition, Pepe Coin, a trending Solana meme coin, experienced a substantial plunge, with its price declining by 20.36% to $0.00000594, accompanied by a 71.58% surge in its 24-hour trading volume to $1.29 billion.

Overall, due to the prevailing bearish trend, none of the top cryptocurrencies showed gains today.