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Bitcoin Price Hits $48K, XRP and Pepe Coin Experience Decline While IMX Surges

Bitcoin Price Hits $48K, XRP and Pepe Coin Experience Decline While IMX Surges

Crypto Prices Today: Bitcoin Holds Above $48K as Altcoins Decline

The crypto market experienced a bearish session, with Bitcoin (BTC) managing to hold above the $48,000 mark. However, Ethereum and several other altcoins, including XRP, Solana (SOL), and Cardano (ADA), saw significant losses.

Bitcoin Price and Trading Volume

Bitcoin’s price was down 0.55% at $48,128.66, but it maintained a trading volume of $19.53 billion in the last 24 hours. The cryptocurrency’s market cap stood at $944.54 billion.

Ethereum Price and Binance Coin Price

Ethereum dipped 1.09% to $2,498.56 with a market valuation of $1.86 billion. Its trade volume increased by 24.37% to $7.10 billion. On the other hand, Binance Coin (BNB) dropped 1.30% to $319.95, and its 24-hour trade volume declined by 1.69% to $720.04 million.

Solana Price and XRP Price

Solana’s price declined by 3.46% to $105.83, and its trade volume dropped by 5.19% to $1.53 billion in the last 24 hours. XRP recorded a dip of 0.88% at $0.5226 but experienced a surge in trading volume by 24.48% to $752.68 million.

Cardano Price and Meme Coins

Cardano witnessed a slump of 4.44% at $0.5381 and a decline in its 24-hour trading volume by 8.28% to $437.28 million. Dogecoin dropped 2.01% to $0.08044, while Shiba Inu saw a 1.43% decrease in value at $0.000009327.

Pepe Coin and Immutable: Top Gainers and Losers

Pepe Coin

The meme crypto, Pepe Coin (PEPE), experienced a significant drop of 1.96% to $0.000001005, with a market valuation of $422.75 million. However, its trade volume increased by 9.41% to $66.19 million.

Immutable

Immutable surged over 8%, with the price reaching $2.95 and a market valuation of $3.99 billion. The trade volume, however, decreased by 23.48% to $198.18 million.

Flare

Flare (FLR), part of the DWF Labs portfolio, rallied by 6.48% to $0.03237, with a trade volume increase of 302.20% to $49.14 million and reaching a high of $0.0349 during the bullish run.

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Bitcoin Price Hits $48K, XRP and Pepe Coin Experience Decline While IMX Surges