Today's cryptocurrency prices show a bearish trend, with Bitcoin (BTC) and major altcoins both declining. XRP dropped by 5%, making it the worst performer among the top ten cryptocurrencies. In contrast, Chainlink (LINK) became the currency with the largest increase, rising by 6% in the past 24 hours.
1. Today's Bitcoin Price
As of the writing of this article, the price of Bitcoin (BTC) is $99,284, having dropped by 1% in the past 24 hours. Its 24-hour low and high are $98,698 and $101,324 respectively.
The market cap of Bitcoin is $1.96 trillion, with a trading volume of $50 billion and a market share of 54.03%.
2. Ethereum Today's Price
The trading price of Ethereum (ETH) is $3,932, with a 24-hour low of $3,925 and a high of $4,015. Its market cap is $475 billion, and the 24-hour trading volume is $24 billion.
Ethereum holds a 13% market dominance and remains the second largest cryptocurrency by market cap. Due to today's strong performance in cryptocurrency prices, Ethereum continues to be a major player in the market.
3. Today's XRP Price
The price of XRP is $2.489, with a 24-hour low of $2.474 and a high of $2.639. Its market cap is $142 billion, with a 24-hour trading volume of $11 billion.
XRP's market share is 3.91%, reflecting its position among the highest market cap cryptocurrencies.
4. Solana Today's Price
The trading price of SOL is $231, with a 24-hour low of $231 and a high of $241. Its market cap is $110 billion, and the 24-hour trading volume is $3 billion. Solana currently ranks fifth by market cap, with a market share of 3%.
Cryptocurrency analysts predict that Solana's price could reach $420 during the upcoming holiday season.
5. Today's Meme Crypto Price
Recently, the trend of top meme coins can be described as 'volatile,' following a downward trend in the broader market. DOGE dropped by 2%, currently priced at $0.45, while SHIB performed even worse, falling by 4% to a current trading price of $0.00003131. Other popular meme coins like BONK and WIF also saw declines between 4% and 6%.
However, PEPE has gone against the trend, rising by 4% and currently trading at $0.00002684, truly an exception! For Shiba Inu, there is good news as its layer-2 scaling solution Shibarium has successfully surpassed 2 million wallets after 16 months since its launch, which is commendable.
Overall, today's cryptocurrency market shows a 'mixed bag' performance from meme coins, with some rising slightly while others continue to decline.
Today's Cryptocurrency with the Highest Price Increase
1. Chainlink (LINK)
Chainlink (LINK) has had the largest price increase in the past 24 hours, rising by 8%. Its trading price is $26.82, with a 24-hour low of $24.71 and a high of $27.22.
2. Mantle (MAN)
Mantle (MAN) stock price is $1.20, having risen by 5% in the past 24 hours. Its 24-hour low and high are $1.16 and $1.34 respectively.
3. Pepe (PEPE)
Pepe (PEPE) price increased by 4%, trading at $0.0000266, with a 24-hour high of $0.00002746.
Today's Cryptocurrencies with the Largest Price Decline
1. PNUT
The price of Peanut Squirrel (PNUT) has dropped by 12% in the past 24 hours, trading at $1.39. Its market cap is $1.38 billion.
2. EOS
The price of EOS (EOS) is $1.26, having dropped by 7% in the past 24 hours. Its 24-hour low and high are $1.25 and $1.34 respectively.
3. JUP
Jupiter (JUP) is trading at $1.29, down 6% in the past 24 hours. Its 24-hour high is $1.38, with a market cap of $1.75 billion.
The cryptocurrency market is once again clouded! The hourly chart shows clear bearish signals, with mainstream altcoins generally declining over the past hour. Bitcoin (BTC) has slightly dropped by about 1%, while other macro altcoins have seen declines between 0.5% and 2%. Today's market trends reflect a persistent downward trend, indicating that major cryptocurrencies face short-term pressure.
This is undoubtedly a warning signal for investors. As market sentiment changes, price volatility increases. Should investment strategies be reassessed? It might be wise to stay alert and closely monitor market dynamics.