Today's Cryptocurrency Price Overview: 🔥🔥🔥
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- BTC has fallen below $98,000, affected by profit-taking and market uncertainty, with potential sell-offs expected to continue in the coming days. The trading price of BTC is $97,617, down 3% in 24 hours, with a market capitalization of $1.93 trillion.
- There has been significant outflow from BTC ETFs, including $671 million from SoSo Value, $208 million from Fidelity, and $275 million from Grayscale.
- The U.S. Securities and Exchange Commission has approved Franklin Templeton and Hashdex cryptocurrency ETFs to trade on Nasdaq and the Chicago Options Exchange BZX, which is expected to strengthen the integration of Bitcoin and Ethereum into mainstream financial markets.
Ethereum (ETH) Price Dynamics:
- The trading price of ETH is $3,441, down 6% in 24 hours, with a market capitalization of $413 billion. The outflow from ETH ETFs reached $60 million, with Grayscale selling $61 million worth of ETFs.
- The cryptocurrency market has seen a massive liquidation of $1.19 billion, led by Ethereum.
XRP Price Performance:
- The trading price of XRP is $2.33, up 1% in 24 hours, with a market capitalization of $133 billion, making it the fourth largest cryptocurrency by market cap.
- The launch of the RLUSD stablecoin has led to increased market activity, but XRP has fallen more than 15% since its launch, highlighting volatility despite a slight rebound today.
Solana (SOL) Price Trends:
- The trading price of SOL is $197, down 5% in 24 hours, with a market capitalization of $94 billion.
- Solana's meme coin Fartcoin has surged 500% in 11 days, highlighting the growing interest in meme coins in the cryptocurrency market.
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