As an experienced analyst, I have closely monitored the crypto market today, June 6, with a keen interest in the price action of various digital assets. The overall market sentiment has been optimistic as Bitcoin (BTC) hovered around $71,000 and Ethereum (ETH) neared $3,900. However, altcoins experienced volatile price movements, while meme coins like Shiba Inu (SHIB) and Pepe coin (PEPE) noted gains.
Crypto prices have fueled market enthusiasm today, with Bitcoin (BTC) hovering around $71,000 and Ethereum (ETH) approaching $3,900. The altcoin market experienced volatile price swings, while Shiba Inu (SHIB) and Pepe coin (PEPE) recorded gains in the meme coin category. The global crypto market capitalization increased by 0.58% to reach $2.65 trillion compared to yesterday. However, the total crypto trading volume decreased by 6.52% within the last 24 hours to $81.8 billion.
Here’s a closer look into some of the top cryptos and their price action today, June 6.
Top Crypto Prices Today
Bitcoin Price
Today, the price of Bitcoin reached $70,966.93, marking a 0.11% increase in the last 24 hours. The day’s lowest Bitcoin price was $70,390.71, while its highest point reached $71,735.41.
As a crypto investor, I’ve observed that Bitcoin’s supremacy dipped slightly to 53.03% with a daily decline of 0.11%. The digital currency’s market capitalization stood firm at an impressive $1.39 trillion.
Ethereum Price
Currently, the cryptocurrency with the second largest market capitalization, valued at $463.95 billion, experienced a 1.44% price increase to reach $3,862.88. The lowest and highest prices Ethereum (ETH) reached over the past 24 hours were $3,778.66 and $3,887.49, respectively.
Solana Price
In the last 24 hours, SOL experienced a gain of 0.43%, reaching a price of $173.36. Its lowest and highest points during this period were $171.40 and $175.48 respectively.
XRP Price
I’ve analyzed the price trend of the cryptocurrency backed by Ripple, and at the current moment, it has experienced a minor decrease of 0.02%, bringing its value to around $0.5251. The highest and lowest points of XRP‘s price movement within the last 24 hours were marked at $0.5245 and $0.5307, respectively.
DOGE & SHIB Prices
During the last 24 hours, Dogecoin experienced a decrease of 0.07%, resulting in a price of $0.1627. On the other hand, Shiba Inu showed an increase of 1.69% and is now priced at $0.0000259.
Pepe coin saw a 2.92% uptick in price to $0.00001505 over the past day.
Top Crypto Gainers Today
The price of Stacks (STX) rose by 6.6 percent and reached $2.37.
Top Crypto Losers Today
Floki Inu (FLOKI) dipped 6.87% to $0.0003114.
Toncoin (TON) price slipped 6.85% to $7.18.
Core (CORE) price fell 4% to $1.94
Arweave (AR) price tumbled 3.70%.
Moving forward, the hourly charts indicate that Bitcoin and Ethereum prices dipped by 0.05% and 0.07% respectively. Similar trends were observed in XRP, Solana, Dogecoin, and Shiba Inu, fueling investor suspicions within the hourly timeframe.
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2024-06-06 08:02