As a researcher with extensive experience in the cryptocurrency market, I’ve closely monitored today’s price movements of various digital assets. The bearish trend that began yesterday continued today, with Bitcoin (BTC) and Ethereum (ETH) leading the charge. However, Pepe coin (PEPE) bucked the trend and became a top gainer.
Today, the crypto markets have largely maintained their downward trend that started yesterday. Bitcoin (BTC) dropped below $67,500, while Ethereum (ETH) was priced at around $3,500. Solana (SOL), XRP, and several meme coins experienced a decline of 1-5%, mirroring the trend seen in most other cryptocurrencies. In contrast, Pepe coin (PEPE) bucked the trend and recorded gains among the top performers.
I analyzed the crypto market data and found that the global market capitalization decreased by 1.77%, resulting in a total value of approximately $2.44 trillion. Conversely, the total crypto market volume experienced a significant surge, increasing by around 18.78% to reach nearly $89.53 billion within the last 24 hours.
Here’s a report on some of the top cryptos and their price movements today, June 12.
Top Crypto Prices Today
Bitcoin Price
In the last 24 hours, Bitcoin’s price dropped by 1.43%, landing at $67,369. The market value of this cryptocurrency decreased to a total of $1.32 trillion.
The lowest and highest values of Bitcoin in a day were $66,123.60 and $68,426.62, respectively. Bitcoin’s dominance amounted to 54.46%, representing an increase of 0.33% compared to the previous day.
Ethereum Price
Over the last 24 hours, Ethereum’s price experienced a decline of approximately 2.5%, dropping to $3,506 from its previous mark. The token’s minimum and maximum prices during this period were $3,434.75 and $3,594.34 respectively.
Ethereum’s market cap stood at $420.96 billion while writing.
Solana Price
In the previous 24 hours, Solana’s cryptocurrency price dipped by 4.18%, reaching a value of $149.54. The token’s minimum and maximum prices during this period were $145.82 and $155.95 respectively.
XRP Price
As an analyst, I’ve observed that the Ripple-backed token experienced a decrease of 1.47% in value over the past day, reaching a price point of $4812. During this time frame, the token’s lowest and highest points were recorded at $0.4726 and $0.4882 respectively. This suggests that trading activity for the token remained relatively confined within a narrow range.
DOGE and SHIB Prices
Yesterday, Dogecoin (DOGE) decreased by 2.33 percent and was priced at $0.1387, whereas Shiba Inu (SHIB) experienced a more significant decline of 3%, reaching a value of $0.0000219.
However, Pepe coin’s price rallied, as mentioned above.
Top Crypto Gainers Today
I, as an analyst, observed noticeable price growth for several cryptocurrencies in the market. Pepe coin (PEPE) experienced a significant rally, increasing by 7.59% and reaching a price of $0.00001262. Ondo (ONDO) demonstrated impressive progress, with its price soaring by 3.07% to settle at $1.24. Akash Network (AKT) also showed a robust performance, witnessing a surge of 2.95% that propelled its price to $4.10. Lastly, Kaspa (KAS) displayed a noteworthy upsurge of 2.60%, pushing its price to $0.1643.
Top Crypto Losers Today
The price of Floki Inu (FLOKI) dropped by 8.81%.
During this period, charts showing the hourly data indicate that Bitcoin and Ethereum have started to gain momentum, while tokens such as Solana, XRP, and others are following suit. This trend may continue throughout the day, potentially resulting in these tokens being traded at higher prices.
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2024-06-12 07:37