Top Crypto Prices Today Experience Bearish Turn: Bitcoin Plunges to $65,000
The cryptocurrency market experienced a significant bearish turn today, with top crypto prices plummeting across the board. Bitcoin (BTC) dipped below the $67,000 mark, while Ethereum (ETH) fell below $3,300. Other major altcoins, including Cardano (ADA), Solana (SOL), and XRP, also saw notable declines in their prices.
Bitcoin’s price dropped by nearly 5%, reaching $67,582.00, with a trading volume increase of almost 57% to $47.40 billion. Ethereum’s price tumbled by over 8% to $3,254.32, with a surge in trading volume to $24.87 billion. Binance Coin (BNB) also experienced a 4% decline, trading at $590.80, but with a significant increase in trading volume.
Solana’s price fell below $160, dropping by 11.77%, while XRP dipped below $0.55, recording a 10.64% decline. Cardano’s price was down by 13.36% to $0.5111, with a substantial increase in trading volume. Even meme coins like Dogecoin and Shiba Inu saw double-digit percentage drops in their prices.
The Pepe Coin (PEPE), a trending Solana meme coin, registered a massive 20.36% plunge, trading at $0.00000594. Despite the ongoing bearish trend, none of the top cryptocurrencies were in the green today.
Overall, the cryptocurrency market witnessed a significant downturn, with investors closely monitoring the price movements and trading volumes of top digital assets. Stay tuned for more updates on the crypto market as the situation continues to evolve.
