Cryptocurrency prices today indicate a bearish trend for Bitcoin (BTC) and major altcoins like Ethereum (ETH) and XRP. Bitcoin touched a low of $92,000, while ETH slipped by approximately 2.51% and XRP declined by 3%. These drops come as the market awaits the release of U.S. jobs data, expected later today. A strong labor market report could influence interest rate expectations, which may further impact crypto valuations.
The global crypto market cap fell by approximately 1.68%, now standing at $3.25 trillion. Additionally, overall trading volume saw an 11% drop, settling at $155 billion. Meanwhile, the Fear and Greed Index sits at 43, signaling neutral sentiment in the market.
Crypto Prices Today: BTC, ETH, XRP, and SOL Struggle to Hold Key Levels
Bitcoin (BTC) dropped to $92,000, continuing its bearish trend, while Ethereum (ETH) fell by 2.51%. XRP declined by 3%, and Solana (SOL) recorded losses amid overall market weakness. Meanwhile, CleanSpark announced that it has mined over 10,000 BTC in its treasury, showcasing resilience despite market volatility.
Bitcoin Price Today
Bitcoin (BTC) price was trading at $93,433 after hitting a low of $91,231 earlier in the day. The leading cryptocurrency was down by 1% at the time of writing. Its market cap has once again fallen below the $2 trillion mark, now standing at $1.85 trillion. As per Coinglass data, in the last 12 hours, Bitcoin saw a liquidation of $43 million, with $33 million from long positions and $9 million from short positions.
Ethereum Price Today
Ethereum (ETH) was trading at $3,245, down 2.55% in the past 24 hours. Its 24-hour low was $3,159, while the high touched $3,341. Crypto prices today remained bearish, but a CoinGape analyst suggested ETH could potentially hit its all-time high, as Fidelity deposited 103 million ETH into Coinbase, sparking fresh market interest.
XRP Price Today
XRP was trading at $2.28, reflecting a 3% drop in the last 24 hours. Its 24-hour low stood at $2.23, while the high reached $2.36. In other news, on-chain data revealed that Ripple Labs transferred 300 million XRP to an anonymous wallet, sparking concerns of a potential sell-off in the market.
Solana Price Today
Solana (SOL) was trading at $188, down by approximately 4% in the last 24 hours. Its 24-hour low was $182, while the high reached $195. The coin is facing some downward pressure, continuing the bearish trend in the broader market.
Top Cryptocurrency Gainer Prices Today
As per crypto prices today, here are the top 5 crypto gainers over the last 24 hours:
Kaia (KAIA)
Price: $0.21
24-hour gain: +3%
Litecoin (LTC)
Price: $103.93
24-hour gain: +2.15%
BitTorrent (BTT)
Price: $0.000001161
24-hour gain: +2.06%
Movement (MOVE)
Price: $0.88
24-hour gain: +2%
KuCoin Token (KCS)
Price: $10.60
24-hour gain: +1.67%
Top Cryptocurrency Loser Prices Today
As per crypto prices today, here are the top 5 crypto losers over the last 24 hours:
THORChain (RUNE)
Price: $3.27
24-hour loss: -17%
SPX6900 (SPX)
Price: $1.17
24-hour loss: -10%
Bittensor (TAO)
Price: $430.80
24-hour loss: -7.15%
Dogwifhat (WIF)
Price: $1.57
24-hour loss: -6.84%
Virtual Protocols (VIRTUAL)
Price: $3.21
24-hour loss: -6%
Meme Crypto Prices Today
Meme crypto has shown a mixed reaction as Bitcoin touched the $92K mark. Dogecoin (DOGE) was down by approximately 4%, trading at $0.326, while Shiba Inu (SHIB) was trading at the same price as yesterday, with a slight gain, now at $0.00002129.
Other top meme coins such as PEPE, PENGU, and BONK are down by approximately 4% in the last 24 hours.
On a more positive note, the hourly chart suggests some recovery, as Bitcoin and major altcoins are in the green in the last hour. AI16Z has been the top performer, up by 2% in the past hour.
Coingape Staff
CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
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