Cryptocurrency Market Update: Bitcoin and Altcoins Experience Volatility

by Ouess

Today, cryptocurrency markets took a hit as Bitcoin slid below the $63,000 mark, while Ethereum followed suit, nearing the $3,100 level. Other alternative coins also suffered losses.

Here’s a rundown of today’s major crypto movements:

  1. Bitcoin (BTC): It slipped by 1.92%, landing at $62,984.3. Trading volume dipped by 21.72% to $24.92 billion, with a market cap of $1.24 trillion.
  2. Ethereum (ETH): It saw a slight decrease of 0.31% to $3,123.63, with a market cap of $381.24 billion. Trading volume dropped by 18.35% to $11.13 billion.
  3. Solana (SOL): The price dipped below $130, falling by 4.60% to $136.68. Trade volume plunged by 27.51% to $2.61 billion.
  4. XRP: It fell below $0.52, dropping by 1.95% to $0.5188. Trading volume decreased by 11.18% to $1.13 billion.
  5. Cardano (ADA): ADA lost 3.42%, reaching $0.4598. Trading volume declined by 3.07% to $342.03 million.
  6. Dogecoin & Shiba Inu: Dogecoin decreased by 0.43% to $0.1457, while Shiba Inu dropped by 0.44% to $0.00002484.

On the positive side:

  • BitTorrent (BTT) surged by 3.72% to $0.000001372.
  • Apecoin (APE) rallied by 3.23% to $1.30.
  • Litecoin (LTC) rose by 2.57% to $87.24.
  • EOS increased by 2.51% to $0.8326.

However, some cryptocurrencies faced losses:

  • Dogwifhat (WIF) plummeted by 10.36% to $2.69.
  • Wormhole (W) plunged by 8.47% to $0.5692.
  • Akash Network (AKT) witnessed a dip of 8.21% to $4.36.
  • Ronin (RON) slumped by 8.18% to $2.72.

Additionally, Tron (TRX), Ethereum Classic (ETC), and Immutable (IMX) were among the top gainers today.

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