BTC Crash Woes, HNT Declines 12%, QNT Drops 10%


Cryptocurrency prices today reflected a downturn as Bitcoin (BTC) dipped below $93,000, marking a significant decline. Helium (HNT) declined by 12%, while Quant (QNT) dropped by 10%, emphasizing the market’s challenging phase.

The global market cap was down by 1.5%, now at $3.22 trillion. However, trading volume surged significantly, increasing by a whopping 50%, and currently stands at $139 billion.

Cryptocurrency Prices Today: BTC, ETH, and XRP Decline Amid Market Downturn

Bitcoin (BTC) price dipped below $93,000, showcasing volatility after its recent highs. Ethereum (ETH) struggled, showing a downward trend alongside Ripple (XRP) and Solana (SOL), as everything is down in the current market scenario. These major cryptocurrencies reflected the overall bearish sentiment, with investors closely monitoring their next moves.

Bitcoin Price Today

Bitcoin price today was trading at $92,503, approximately 1.5% down in the last 24 hours. Its 24-hour low and high were $91,487 and $95,080, respectively. Notably, Bitcoin’s trading volume surged by 70% in the same period, reaching $55 billion.

As per Farside Investors, BTC ETFs recorded an outflow of $378 million, marking two consecutive days of outflows. Grayscale reported an outflow of $165 million, while Fidelity sold $154 million worth of BTC. BlackRock’s ETF data remains anticipated.

In other news, Riot Platforms’ executive revealed how Operation Chokepoint 2.0 impacted Bitcoin mining. Energy regulators’ measures have added challenges to the industry, highlighting an issue that demands further scrutiny.

Ethereum Price Today

Ethereum price today was trading at $3,336, reflecting a 2.4% drop in the last 24 hours. Its 24-hour low and high were $3,304 and $3,432, respectively. Ethereum’s trading volume saw a notable surge of 66%, reaching $26 billion.

ETH ETFs experienced an outflow of $55 million, with $20 million from Fidelity and $31 million from Grayscale. Data for BlackRock’s ETF is still anticipated, leaving investors waiting for updates.

XRP Price Today

XRP price today was trading at $2.02, with a 24-hour low of $2.00 and a high of $2.139, showing a 5% drop in the last 24 hours. The cryptocurrency prices today also reflected a market cap of $116 billion and a trading volume surge of 86%, now at $6.49 billion. Crypto analysts suggest that XRP’s price may experience significant momentum shifts based on its RSI levels, indicating potential volatility in the coming days.

Solana Price Today

Solana (SOL) price today was trading at $190, reflecting a 1% decline in the last 24 hours. Its 24-hour low and high were $186 and $196, respectively. The market cap stood at $91 billion, with a trading volume of $3.21 billion.

Top Cryptocurrency Gainer Prices Today

Zerebro

Zerebro (ZEREBRO) price today was trading at $0.55, showing a 25% increase in the last 24 hours. Its 24-hour low and high were $0.40 and $0.59, respectively. The market cap stands at $546 million, with a trading volume of $203 million. Over the past week, ZEREBRO has surged by 82%, reflecting strong momentum.

DeXe

DeXe (DEXE) price was up by 8% today, trading at $13.88. Its 24-hour low and high were $12.67 and $15.88, respectively. The market cap stands at $792 million, with a trading volume of $36 million.

EigenLayer, Morpho, and Goatseus Maximus coins were up by 3 to 5% in the last 24 hours, reflecting positive momentum in the market. These altcoins continue to show growth, contributing to the overall market activity.

Top Cryptocurrency Loser Prices Today

Helium

HNT price was down by 12%, making it the worst performer in the last 24 hours. It was trading at $5.90, with a 24-hour low of $5.87 and a high of $6.73. The significant decline reflects a challenging market for Helium in this period.

Quant

QNT price was down by 10%, now trading at $105. Its 24-hour low and high were $105 and $117, respectively. The market cap stands at $1.27 billion, with a trading volume of $23 million.

Stacks (STX), AAVE, and Fantom (FTM) prices were down by 7 to 8% in the last 24 hours, reflecting a challenging market. Cryptocurrency prices today have shown notable declines, contributing to the overall bearish trend.

Beside this, the hourly charts are now showing no bullish sentiment, with Bitcoin (BTC) and most of the top altcoins down in the last hour. However, in good news, Janover Inc has agreed to accept Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) for payment of specific services, signaling a positive move for crypto adoption.

✓ Share:

Coingape Staff

CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





Source link