Bitcoin

Bitcoin reaches US$ 62 thousand, main Altcoins plummet 2% to 6%

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Cryptocurrency prices today illustrated a notable decline, sparking a torrent of bearish rumors across the broader market. The price of Bitcoin (BTC) fell to the $62,000 mark, while Ethereum fell to $3,400. Other cryptocurrencies like Solana (SOL), XRP and meme coins also fell 2%-6%.

Simultaneously, the global crypto market value plummeted 2.37% to $2.29 trillion. However, the total crypto market volume over the last day saw a 23.68% increase in value to $42.51 billion.

Here is a collection of some of the top cryptocurrencies and their price movements today, June 24th.

Top Crypto Prices Today

Bitcoin Price

BTC Price the trajectory took a notable dip today, down 2.40% to trade at $62,897.78. The token’s 24-hour lows and highs were recorded at $62,683.01 and $64,408.84, respectively.

Bitcoin dominance today stood at 54.15%, a slight jump of 0.03% from the previous day. The flagship’s market capitalization fell to $1.23 trillion.

Ethereum Price

The ETH price chart showed a 3.04% drop today, stopping at $3,405.66 at the time of writing. The 24-hour lows and highs were $3,387.72 and $3,519.32, respectively.

Ethereum’s market capitalization fell to $416.35 billion in the last 24 hours.

Solana Price

The encryption SOL Price The chart shows a 5.73% retracement and is currently trading at $126.84. Solana’s 24-hour dips and spikes were valued at $126.53 and $134.90, respectively.

XRP Price

O Cryptography backed by Ripple Labs experienced a 2.39% decline in value, trading at $0.4768. Its 24-hour lows and highs were $0.4743 and $0.4888, respectively.

DOGE and SHIB Prices

Meanwhile, as the meme coin sector mimicked the broader market movement, DOGE Price saw a 2.42% drop to $0.1218 in the last 24 hours. Similarly, Shiba Inu (SHIB) and Pepe (PEPE) coins showed signs of retracement, dropping 4%-8%.

SHIB it traded at $0.00001742 at the time of writing, while PEPE traded at $0.00001088.

Read too: 21Shares Ethereum Staking ETP Live On LSE, Here’s What Makes It Different

Top Crypto Earners Today

Although most tokens are trading in the red territory today, UNUS SED LEO (LEO) recorded slight gains of 0.41%, trading at $5.78 at time of writing.

Top Crypto Losers Today

LayerZero (ZRO) corrected 12.18% to $2.73.
JasmyCoin (JASMY) followed, falling 10.77% to $0.02949.
dogwifhat (WIF) also followed, correcting 10.45% to trade at US$1.61.
Similarly, Ethereum Name Service (ENS) plunged 10.31% to $22.89.

When analyzing the hourly charts, it can be seen that BTC, ETH and SOL have fallen further. However, XRP, DOGE, and SHIB gained inversely during the same period.

Read too: Michael Saylor Gives an Epic Take on Bitcoin and Says It’s “Economic Immortality”

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The content presented may include the author’s personal opinion and is subject to market conditions. Do your market research before investing in cryptocurrencies. The author or publication assumes no responsibility for your personal financial loss.



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