The cryptocurrency market has had a volatile day, worrying investors around the world. While the Bitcoin (BTC) price fell to 68 thousand dollars, Ethereum (ETH), Solana (SOL) and XRP also followed the downward trend. At the same time, the global crypto market cap fell by 0.99% to $2.23 trillion. Interestingly, the total market volume increased by 12.5% to $82.04 billion. Besides, Dogecoin (DOGE) became the biggest gainer of the day, defying the general market trend.
Leading Cryptocurrency Bitcoin and Ethereum Prices Today
Bitcoin price has fallen by 2% in the last 24 hours and is currently trading at $68,006. Additionally, the intraday low and high levels were recorded as $66,803.65 and $69,335.33. However, the market value of Bitcoin is at $1.35 trillion today. This downward movement of BTC coincides with spot ETF outflows of $ 579.49 million, according to Sosovalue data. Also, Mt. $2.2 billion BTC movement from Gox signaled the beginning of asset reorganization. BTC’s market dominance also decreased by 0.45% to 60.38. These developments create uncertainty among investors.
Ethereum (ETH) price also decreased by 2.5% to $2,414. In addition, the lowest and highest levels during the day were recorded as $ 2,359.58 and $ 2,483.05. With this, Ethereum’s market value is $290.71 billion today. This downward trend of the cryptocurrency followed a parallel course with spot Ethereum ETF outflows of $ 74.24 million.
Solana and XRP Prices
Solana (SOL) price dropped 3% in the last 24 hours to $158. The coin’s intraday lows and highs were recorded at $155.17 and $164.71. Solana’s market value was evaluated as 74.82 billion dollars. The increase in transaction volume and fees generated on the network in October stood out as a positive sign.
XRP shared a similar fate and lost 0.5% to $0.5048. The lowest and highest prices during the day were determined as $0.4968 and $0.5138. XRP’s market value remained stable at $28.70 billion. Cryptocurrency investors are wondering whether the price will reach $10 due to decreasing escrow shares.
Meme Coin Performance: Dogecoin and Shiba Inu
Dogecoin (DOGE) was the biggest gainer of the day, gaining 6% to $0.1616. The lowest and highest levels during the day were recorded as $ 0.1496 and $ 0.1659. This rise created excitement among investors. Shiba Inu (SHIB) also gained 2% to $0.00001727, but Pepe coin (PEPE), dogwifhat (WIF) and POPCAT lost between 2% and 8%.
The volatile performance of meme coins continues to attract investors’ attention. The strong price movement shown by DOGE and SHIB reveals the potential of these coins. However, other meme coins experiencing declines increase the uncertainty in this area.
Top Gaining and Losing Cryptocurrencies
Dogecoin emerged as the biggest winner of the day. DOGE displayed a strong rise, trading at $0.1616. Monero (XMR) also rose 2% to $160. MOG coin rose 3% to $0.000001788. These movements create new opportunities for investors.
On the other hand, THORChain (RUNE) lost 12% to $4.40. PENDLE also fell 9% to $4.12. MEW coin lost 6% in value and traded at $0.007879. This complex picture of the crypto market contains both risks and opportunities for investors.
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