The crypto prices today have failed to maintain the rally from yesterday. The majority of the coins are currently trading in red reigniting mixed reactions among participants who are worried about the prospects of the market. The sentiment surrounding the market continues to hover in “the “fear” according to the crypto fear and greed index data from Alternative.
The week starting August 5 saw a notable downtrend in crypto prices, the market entered a correction phase during the mid-week, and on Friday it saw a rally. However, 24 hours later, the rally has waned off and the total crypto market cap has declined 0.98% to $2.12 trillion. Let us look at an overview of the market below.
Top Crypto Prices Today
The flagship cryptocurrency Bitcoin has shown volatility over the last day, trading between the lows and highs of $59,797 and %61,217 respectively. The price of BTC at the time of writing was $60,670, representing a marginal 0.92% decline. Notably, Bitcoin’s futures Opin Interest saw a 1.8% increase to $28 billion in the last 24 hours. Amid this, Bitcoin has recorded negative ETF flows. According to Soso Value data, the daily total net inflows as of August 9 rest at -$89.73 million.
Source: CoinMarketCap
Ethereum, the second-largest cryptocurrency, has led the altcoin pack in a downtrend. Per CMC data, the price of ETH has seen a 2.52% drop to $2,632. Similarly, Ethereum has also seen notable negative flows in its exchange-traded funds. As of August 9, the total daily net inflows reflected -$15.71 million. Its one-day trading volume also declined by 30% to $15.9 billion.
Other Altcoin Price Updates
The Solana (SOL) price failed to sustain its previous days’ rally with a 2.42% decrease in value. Consequently, SOL traded at $154.39 at the time of writing. Moreover, SOL touched the bottom and tops of $151.23 and $159.51 respectively.
The XRP price has continued its path on a downtrend. After surging by 25% following the recent ruling by Judge Torres, the Ripple-backed cryptocurrency declined by 2.65% at the time of writing to trade at $0.5863. Notably, XRP has traded between $0.5689 and $0.605 in one day.
Meanwhile, Cardano (ADA) has dropped by 0.67% to $0.3471, maintaining a bottom and top range of $0.3376 and $0.3526 respectively. However, TON has continued to feed off the hype of the recent Binance listing announcement. The price of Toncoin (TON) surged by 3.26% to $6.70, having one-day lows and highs of $6.39 and $6.78.
On the memecoin sector, Dogecoin (DOGE) and Shiba Inu (SHIB) have also seen declines today. While DOGE recorded a drop of 0.89%, SHIB has seen a marginal decline of 0.46%. As a result, DOGE and SHIB changed hands at $0.1043 and $0.00001404 respectively. Meanwhile, PEPE has plummeted 4.09% now trading at $0.00008426.
Top Trending Crypto Gainers Today
Baby Neiro (BABYNEIRO) climbed 63.26% to reach $0.00008984
TitanX (TITANX) moved up by 32.82% to $0.0000004447
NetMind Token (NMT) added 17.32% to $2.77
Neiro Ethereum (NEIRO) gained 15.99% to $0.2676
Cronos (CRO) surged 9.45% to $0.09311
The global crypto market has ended the week on a low as investors’ confidence gradually wanes. It will be interesting to watch and see how the market will kick off the new week starting August 12 as further unstableness may be expected in the market today.
The post Crypto Price Update August 10: BTC Falls to $60K, ETH, and Altcoins Dip appeared first on Coinfomania.
