As a researcher with extensive experience in the cryptocurrency market, I’ve closely monitored today’s crypto price movements. The global crypto market cap took a dip of 0.70%, reaching $2.52 trillion, while the total crypto market volume saw a significant decrease of 9.68% to $75.05 billion.
As a crypto investor, I’ve noticed some intriguing price movements today. Bitcoin (BTC) and Ethereum (ETH) have been locked in a fierce struggle near their previous day’s prices. On the other hand, Solana (SOL), XRP, and Dogecoin (DOGE) experienced minor setbacks. However, Shiba Inu (SHIB) took a significant hit with a substantial price drop. Meanwhile, JasmyCoin (JASMY) and Beam (BEAM) have been enjoying an extended period of growth, with their tokens rallying in price.
As a market analyst, I’d interpret it this way: Yesterday, the global cryptocurrency market capitalization took a minor dip of approximately 0.70%, resulting in a new total value of around $2.52 trillion. Meanwhile, the total trading volume across all crypto markets saw a more pronounced decrease of over 9.68% within the past day, amounting to roughly $75.05 billion.
Here’s a brief report on the top cryptos and their price movements today, June 1.
Top Crypto Prices Today
Bitcoin Price
In the last 24 hours, the BTC token’s price experienced a 1.34% decrease, resulting in a current value of $67,687.18. The minimum and maximum prices during this period were $66,633.42 and $68,999.57 respectively.
I, as an analyst, observe that Bitcoin’s dominance currently stands at 52.76%, representing a slight decrease of 0.32% compared to the previous day. Meanwhile, Bitcoin’s market capitalization amounts to an impressive $1.33 trillion.
Ethereum Price
Over the past day, Ethereum (ETH), the cryptocurrency with the second largest market capitalization, exhibited significant price volatility. The value of ETH currently hovers around $3,770.92 at this moment, representing a 0.20% increase. However, its minimum and maximum prices within the last 24 hours were recorded as $3,723.84 and $3,843.86 respectively.
Solana Price
As a researcher, I’ve observed that Solana’s (SOL) price experienced a minor decrease of 0.47% over the past 24 hours, reaching a current value of $166.77. The price range during this period was quite volatile, with a low point of $163.93 and a high point of $170.63.
XRP Price
Ripple Lab’s cryptocurrency mirrored the market’s downward shift, dropping 0.61% to reach a price of $0.5184. Its lowest and highest points over the past 24 hours were recorded at $0.5127 and $0.5241 respectively.
DOGE & SHIB Prices
Over the past day, Dogecoin (DOGE) experienced a decline of 0.78%, dropping its price to $0.1591. On the other hand, Shiba Inu (SHIB) suffered a more significant loss, falling 3.07% to reach $0.00002524. In contrast, Pepe coin (PEPE) showed positive growth, increasing by 1.66% within the same timeframe.
Top Crypto Gainers Today
The price of BEAM, or Beam, increased by 14.68%, reaching $0.03.
Top Crypto Losers Today
The price of Uniswap (UNI) decreased by 6.43%, landing at $10.02.
In addition, the hourly charts reveal that Bitcoin and Ethereum have experienced a slight uptick in price trend, whereas the altcoins exhibit weakening price movements.
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2024-06-01 07:52