As a researcher with extensive experience in the crypto market, I find today’s price action disheartening after witnessing initial signs of potential recovery. The overall market cap took a significant hit, with Bitcoin (BTC) and altcoins like Ethereum (ETH), Solana (SOL), and XRP experiencing noticeable declines.
The cryptocurrency market has experienced another significant downturn today despite some earlier indications of a potential rebound. Bitcoin‘s price dropped to around $61,000, while Ethereum, Solana, and XRP also followed suit with declining prices.
As I delve into today’s cryptocurrency market analysis, I notice a decrease of 1.49% in the total market capitalization, bringing it down to approximately $2.25 trillion. Moreover, a significant plunge of 15.93% has occurred within a specific market sector, causing its capitalization to shrink to around $57.46 billion.
Here’s a brief study on some of the top cryptos by market cap and their prices today, June 27.
Top Crypto Prices Today
Bitcoin Price
As an analyst, I observed a decline of 1.30% in the BTC price chart, which now hovers around $61,125.51. The cryptocurrency market’s leader reached its lowest point during this period at $60,695.19, while its highest point was recorded at $61,968.81.
Additionally, on June 26th, Bitcoin ETFs experienced inflows totaling just $21.4 million according to Farside’s data. Meanwhile, Bitcoin’s market capitalization currently hovers around $1.2 trillion. Furthermore, Bitcoin’s market dominance decreased by 0.13% within the past day, settling at 53.31%.
Ethereum Price
While Ethereum’s price displayed a flat trend, it fluctuated between losing and gaining ground. The cryptocurrency was priced at $3,381.61, representing a 0.24% decrease compared to the previous day. Its lowest and highest points within the last 24 hours were $3,328.39 and $3,412.04 respectively.
Ethereum’s market cap rested at $406.06 billion today.
Solana Price
Today, the cryptocurrency Solana experienced a decrease of 0.86%, resulting in a value of $137.10. Its lowest and highest points within the last 24 hours were $134.93 and $139.31 respectively.
XRP Price
At the same time, XRP, the digital currency supported by Ripple Labs, saw a decline of 1.30% and was priced at $0.469. The asset reached its lowest point in the past 24 hours at $0.4662, while its highest point was recorded at $0.4756.
DOGE & SHIB Prices
As a crypto investor, I’ve observed a downturn in the value of both Dogecoin (DOGE) and Shiba Inu (SHIB). Dogecoin experienced a decrease of 3.77%, closing at $0.1224. On the other hand, Shiba Inu suffered a similar loss of 3.75%, settling at a price of $0.0000172.
In the bustling world of meme coins, Pepe Coin, Floki Inu, and Dogewhats experienced price decreases ranging from 1% to 6%.
Top Crypto Gainers Today
The price of Kaspa (KAS) rose by 11.87%, reaching a new value of $0.1815.
Top Crypto Losers Today
The price of Brett (BRETT) decreased by 11.16%, now at $0.1505.
Noting the hourly chart, Bitcoin experienced a modest increase of 0.05%, whereas Ethereum kept declining. Similarly, Solana, Ripple, and Dogecoin exhibited comparable gains during the same timeframe.
Read More
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2024-06-27 07:40