Altcoins

Bitcoin hits $62,000 and major Altcoins plunge 2-6%

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Cryptocurrency prices today demonstrated a notable decline, generating a torrent of bearish buzz throughout the market. The price of Bitcoin (BTC) fell as low as $62,000, while that of Ethereum fell to $3,400. Other cryptos like Solana (SOL), XRP and meme coins also fell by 2-6%.

Simultaneously, the global crypto market cap plunged 2.37% to $2.29 trillion. However, the total crypto market volume over the past day saw its value increase by 23.68%, reaching $42.51 billion.

Here is a collection of some of the top cryptocurrencies and their price movements today, June 24.

Best cryptocurrency prices today

Bitcoin Price

BTC Price The trajectory saw a notable decline today, down 2.40% to trade at $62,897.78. The token’s 24-hour lows and highs were recorded at $62,683.01 and $64,408.84, respectively.

Bitcoin dominance today stands at 54.15%, a slight jump of 0.03% from the past day. The market capitalization of the flagship product fell to $1.23 trillion.

Ethereum Price

The ETH price chart showed a 3.04% decline today, holding at $3,405.66 at the time of writing. The 24-hour lows and highs were $3,387.72 and $3,519.32, respectively.

Ethereum’s market cap fell to $416.35 billion in the last 24 hours.

Solana Price

Crypto The price of SOL The chart shows a 5.73% decline and is currently trading at $126.84. Solana’s 24-hour lows and highs were valued at $126.53 and $134.90, respectively.

XRP Price

THE Crypto backed by Ripple Labs saw a 2.39% decline in value to trade at $0.4768. Its 24-hour low and high were $0.4743 and $0.4888, respectively.

DOGE & SHIB Price

Meanwhile, as the meme coin sector mimicked the movement of the broader market, DOGE Price saw a 2.42% decline to $0.1218 in the last 24 hours. Likewise, Shiba Inu (SHIB) and Pepe coin (PEPE) showed signs of decline, falling 4-8%.

SHIB was trading at $0.00001742 at time of writing, while PEPE was trading at $0.00001088.

Read also: 21Shares Ethereum Staking ETP Live on LSE, Here’s What Makes It Different

Top Crypto Gainers Today

Although the majority of tokens traded in red territory today, UNUS SED LEO (LEO) noted slight gains of 0.41% to trade at $5.78 at writing.

Top Crypto Losers Today

LayerZero (ZRO) corrected 12.18% to $2.73.
JasmyCoin (JASMY) followed, plunging 10.77% to $0.02949.
dogwifhat (WIF) also followed, correcting 10.45% to trade at $1.61.
Similarly, Ethereum Name Service (ENS) fell 10.31% to $22.89.

Looking at the hourly charts, we can see that BTC, ETH and SOL have fallen further. However, XRP, DOGE and SHIB have conversely gained during the same period.

Read also: Michael Saylor Releases Epic Bitcoin Take, Says It’s ‘Economic Immortality’

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The content presented may include the personal opinion of the author and is subject to market conditions. Do your market research before investing in cryptocurrencies. The author or publication assumes no responsibility for your personal financial loss.



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