The cryptocurrency market experienced a significant crash today, with Bitcoin (BTC) dropping to the $60,000 level and Ethereum (ETH) falling below $3,000. Other top altcoins like Solana (SOL), XRP, and Cardano (ADA) also saw notable decreases, reflecting the overall downward trend.
Here’s a breakdown of the major crypto prices today:
1. Bitcoin Price:
Bitcoin’s price fell by 5.13% to $60,191.06, with a trading volume of $37.91 billion and a market capitalization of $1.18 trillion.
2. Ethereum Price:
Ethereum’s price tumbled 5.46% to $2,999.10, with a market valuation of $365.74 billion and a trading volume of $17.99 billion.
3. Solana Price:
Solana’s price dropped below $130, settling at $126.06, with a trading volume of $3.48 billion.
4. XRP Price:
XRP’s price slipped to $0.5026, down 2.66%, with a trading volume of $1.36 billion.
5. Cardano Price:
Cardano’s price decreased to $0.442, falling 2.96%, with a trading volume of $416.32 million.
6. Dogecoin & Shiba Inu Price:
Dogecoin fell 7.29% to $0.1324, while Shiba Inu dropped 7.57% to $0.00002215.
On the other hand, some cryptocurrencies saw gains today:
– Cosmos (ATM) surged 5.43% to $8.56.
– Optimism (OP) rallied 2.52% to $2.58.
– Starknet (STRK) was up 2.22% at $1.24.
– Tron (TRX) rose 0.45% to $0.1201.
However, there were also top losers in the market:
– Arweave (AR) plummeted 17.25% to $29.74.
– Stacks (STX) plunged 15.01% to $2.04.
– Sei (SEI) dipped 11.75% to $0.542.
– Lido DAO (LDO) slumped 11.43% to $1.90.
The sudden bearish trend led to significant crypto liquidations, with Bitcoin alone witnessing $107.64 million liquidations in the last 24 hours, $93.26 million of which were attributed to long positions. This could have contributed to the market crash.
Overall, the cryptocurrency market experienced a turbulent day, with both gains and losses across various coins. Investors are closely monitoring the situation to see how prices will react in the coming days. The Benefits of Regular Exercise
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