Highlights
Pudgy Penguins topped the list of gainers with a 550% surge in 24 hours.
Bitget Token rose 17%, boosted by El Salvador's issuance of a bitcoin services license.
Meme coins such as Dogecoin and Shiba Inu are down 3-4% today.
The cryptocurrency market was volatile today, with Bitcoin (BTC) briefly breaking through an all-time high of $108,000 but quickly falling back below $106,000, showing the wild volatility of recent trading.
Meanwhile, the newly launched Pudgy Penguins (PENGU) token surged 550% in 24 hours, quickly becoming one of the top 100 cryptocurrencies by market cap. Bitget Token (BGB) bucked the trend, rising 17% despite the overall market decline.
Overall, the crypto market value fell by about 1% and currently stands at $3.71 trillion, and trading volume also decreased by 8.6% to $185 billion. The Fear and Greed Index shows that the current market sentiment is extremely greedy, with an index of 80. Next, let's take a closer look at some of the leading cryptocurrencies by market value and their price movements today.
The cryptocurrency market was volatile today, but some altcoins performed quite strongly
While Bitcoin and Ethereum fell 1% to 3% respectively, some U.S.-based projects like XRP, Stellar (XLM) and Hedera (HBAR) have gained 3% to 6% in the past 24 hours, showing that certain altcoins are maintaining momentum despite the overall market weakness.
Bitcoin latest price:
Bitcoin (BTC) is currently priced at $105,368, down 1%. In the past 24 hours, the lowest price was $105,004 and the highest price was $108,269. The market value is approximately $2.09 trillion, and the 24-hour trading volume is $70 billion, accounting for 56.63% of the total market share.
According to data from SoSo Value, Bitcoin ETF outflows reached 247 million BTC on Tuesday, of which Fidelity outflowed 128 million BTC and Grayscale's GBTC fund outflowed 84 million BTC. BlackRock's data has not yet been released.
Ethereum latest price:
Ethereum (ETH) is priced at $3,869 today, down 4% in the past 24 hours. The lowest price was $3,836 and the highest price was $4,040. The market capitalization is $466 billion, the trading volume is $35 billion, and the market share is 12.67%.
The ETH ETF has received inflows of approximately 10 million ETH, of which Grayscale received 4.45 million ETH and Fidelity received 4 million ETH. BlackRock’s data is still worth paying attention to.
XRP latest price:
XRP has risen 3% in the past 24 hours and is currently priced at $2.55. The lowest price was $2.463 and the highest price was $2.717. At the current price, XRP has a market capitalization of $146 billion and a trading volume of $17 billion, making it the third largest cryptocurrency by market capitalization. In addition, Ripple recently launched its stablecoin RLUSD, marking Ripple's official entry into the stablecoin market.
Solana latest price:
Solana (SOL) has risen 2% in the past 24 hours, with the current price at $218, the lowest price at $213, and the highest price at $228. The market capitalization is $104 billion, the 24-hour trading volume is $6 billion, and the market share is 2.85%.
Memecoin market performance:
The memecoin market appears to be sluggish today, with Dogecoin (DOGE) down about 3% and now trading at $0.39; Shiba Inucoin (SHIB) down 4% and trading at $0.00002609.
Some other popular meme coins, such as PEPE, BONK, and WIF, have generally seen their prices fall by 2% to 6%. These performances reflect the overall trend of the cryptocurrency market, and the meme coin market is also facing adjustments amid the overall volatility.
Cryptocurrencies with the biggest gains today
Pudgy Penguins (PENGU)
The biggest gainer today is the chubby Penguin coin (PENGU), which has soared 550% in the past 24 hours. After the coin was listed on Binance, its price has soared. The current trading price of PENGU is $0.03, with a minimum price of $0.02 and a maximum price of $0.06.
Bitget Token (BGB)
Bitget Token (BGB) continues to perform strongly and has become the largest gainer cryptocurrency for the second consecutive day. It has risen by 17% today and is currently trading at $4.18. The lowest price in 24 hours was $3.56 and the highest price was $4.23. The price increase is mainly due to the Bitget exchange obtaining a Bitcoin Service Provider License issued by the Central Bank of El Salvador.
Litecoin (LTC)
Litecoin has risen by about 7% in the past 24 hours and is currently trading at $125, with a low of $114 and a high of $129. The reason for the increase is that Bloomberg analysts predict that the Litecoin ETF may be launched earlier than Solana and XRP. Litecoin's rise is particularly eye-catching amid the overall volatility of the market.
Cryptocurrencies with the biggest declines today
Read DAO (LDO)
Lido DAO (LDO) is the currency with the largest drop today, with a price drop of 9% and the current trading price is $2.08. In the past 24 hours, the lowest price was $2.05 and the highest price was $2.31. The decline of Lido DAO stands out in today's market, becoming the worst performing cryptocurrency.
Aptos (APT)
Aptos (APT) fell 8% and is currently priced at $12.89. The lowest price in 24 hours was $12.72 and the highest price was $14.36. Compared with other currencies, the decline of Aptos is relatively large.
Fantom (FTM)
Fantom (FTM) fell 7% and is currently trading at $1.31. In the 24-hour period, the lowest price was $1.297 and the highest price was $1.43. Despite the small drop, Fantom's market capitalization is $3.67 billion and the 24-hour trading volume is $475 million, indicating slight downward pressure in the market.
In addition, the latest hourly chart shows a bearish trend in the market, with Bitcoin falling slightly by 0.5%, and major altcoins such as XRP, Solana (SOL) and Binance Coin (BNB) falling by about 1% in the past hour. This reflects the selling pressure in the market in the short term, and the overall market sentiment is relatively cautious.
