**Crypto Prices Take a Bearish Turn**
The top crypto prices today have taken a bearish turn, with Bitcoin (BTC) and Ethereum leading the downward trend. Other altcoins such as XRP, Cardano (ADA), and Solana (SOL) have also dipped significantly. Let’s take a closer look at the major crypto prices today:
**Bitcoin Price Plunges**
The Bitcoin price has plunged notably today, extending lower to the $65,000 level once again after experiencing a significant rebound on Monday. At the time of writing, the Bitcoin price is down by 4.56%, reaching $65,321.09. However, its trading volume has soared by 24.12% to $55.02 billion in the last 24 hours. The crypto currently boasts a market cap of $1.28 trillion.
**Ethereum Price Falls Below $3,400**
In addition to Bitcoin’s decline, the Ethereum price has also fallen below the $3,400 mark. It has plummeted by 6.53% to $3,383.23 at press time with a market valuation of $405.08 billion. On the other hand, ETH has seen its trading volume increase by 20.67%, reaching $24.04 billion.
**Solana Price Drops Below $190**
The Solana price has taken a hit as well, dropping below the $190 level after briefly surpassing $200 on Tuesday. It has slumped by 7.69% and is currently settling at $187.16. Despite this decline, SOL witnessed an 8.42% hike in trade volume to $11.60 billion in the last 24 hours.
**Binance Coin (BNB) and XRP Prices Decline**
The Binance Coin (BNB) price has declined by 6.69%, reaching $529.12 today. However, its 24-hour trade volume has gained by 12.36% to $4.09 billion. Meanwhile, the XRP price has continued its downward trend and dropped to the $0.60 level. It recorded a dip of 2.50%, reaching $0.6065. On the contrary, XRP’s trading volume spiked 85.67% to 3.32 billion.
**Cardano Price Tumbles**
The Cardano price has tumbled by 6.85% to $0.629 today, adding to the bearish sentiment in the crypto market. However, ADA recorded a 13.20% hike in its 24-hour trading volume, settling at $876.94 million.
**Meme Coins Extend Losses**
As the top crypto prices suffer from the bearish downturn, popular meme coins have also extended their losses:
– The Dogecoin price is down by 11.38% to $0.1342.
– Shiba Inu price has dropped by 11.04% and is currently trading at $0.00002559.
**Pepe Coin Plunges 20%**
The Pepe Coin (PEPE) crypto, a hyped meme crypto, has registered a massive crash today. At press time, the Pepe Coin price is down by 20.49% to $0.000006184 with a market valuation of $2.61 billion. Additionally, its 24-hour trade volume has plummeted by 14.61% to $1.08 billion.
**Fantom Emerges As Top Crypto Gainer**
Despite the overall market decline, Fantom (FTM), a DeFi crypto, has emerged as the top crypto gainer today:
– The FTM price has soared by 6.82% to $0.8877.
– Its trade volume surged by 78.25% to $670.35 million.
– Fantom crypto recently recorded a high of $0.94 amid the rally.
**Hot Take: Crypto Prices Experience Bearish Turn**
Today, the top crypto prices have experienced a bearish turn as Bitcoin and Ethereum lead the market decline. Despite the recent rebound, Bitcoin has once again fallen below the $65,000 level, while Ethereum has dropped below $3,400. Other major altcoins like XRP, Cardano, and Solana have also suffered significant losses.
However, amidst the market downturn, there are still some standout performers. Fantom has emerged as the top gainer today with a 6.82% surge in price, while Pepe Coin has seen a massive crash of 20.49%.
As always, it’s important for crypto investors to stay updated on the latest market trends and make informed decisions based on their own research and risk tolerance.
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