#Write2earn #Cryptocurrency Market Update: #Bitcoin and #Altcoins Experience Volatility #MarketAnalysis
Today, cryptocurrency markets took a hit as Bitcoin slid below the $63,000 mark, while Ethereum followed suit, nearing the $3,100 level.
Other alternative coins also suffered losses.
Here's a rundown of today's major crypto movements:
Bitcoin (BTC): It slipped by 1.92%, landing at $62,984.3. Trading volume dipped by 21.72% to $24.92 billion, with a market cap of $1.24 trillion.
Ethereum (ETH): It saw a slight decrease of 0.31% to $3,123.63, with a market cap of $381.24 billion. Trading volume dropped by 18.35% to $11.13 billion.
Solana (SOL): The price dipped below $130, falling by 4.60% to $136.68. Trade volume plunged by 27.51% to $2.61 billion.
XRP: It fell below $0.52, dropping by 1.95% to $0.5188. Trading volume decreased by 11.18% to $1.13 billion.
Cardano (ADA): ADA lost 3.42%, reaching $0.4598. Trading volume declined by 3.07% to $342.03 million.
Dogecoin & Shiba Inu: Dogecoin decreased by 0.43% to $0.1457, while Shiba Inu dropped by 0.44% to $0.00002484.
On the positive side:
BitTorrent (BTT) surged by 3.72% to $0.000001372.
Apecoin (APE) rallied by 3.23% to $1.30.
Litecoin ( LTC ) rose by 2.57% to $87.24.
EOS increased by 2.51% to $0.8326.
However, some cryptocurrencies faced losses:
Dogwifhat ( WIF ) plummeted by 10.36% to $2.69.
Wormhole (W) plunged by 8.47% to $0.5692.
Akash Network (AKT) witnessed a dip of 8.21% to $4.36.
Ronin (RON) slumped by 8.18% to $2.72.
Additionally, Tron (TRX), Ethereum Classic (ETC), and Immutable (IMX) were among the top gainers today.