Crypto News

Crypto Prices Today April 16: Bitcoin Dips To $62K, Ethereum At $3000, SOL Crashes

The crypto prices today experience a major slump as Bitcoin traded near $62,000 while Ethereum approaches a slump below $3,000 as Solana crashed.
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Crypto Prices Today April 16: Bitcoin Dips To $62K, Ethereum At $3000, SOL Crashes

Highlights

  • The Bitcoin price slumped to the $62,000 level today despite a rebound on Monday.
  • Ethereum braced to slip below the $3,000 mark.
  • Solana crashed over 10% while Core witnessed a gigantic rally.

The top crypto prices today witnessed a pullback as the Bitcoin (BTC) price traded below the $63,000 level. In addition, the Ethereum (ETH) price inched closer to drop below the $3,000 mark. Meanwhile, other top altcoins, such as Cardano (ADA), Solana (SOL) and XRP crashed massively.

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Major Crypto Prices Today

The Bitcoin price was down by 3.95% reaching $62,375.46 at the time of writing on Tuesday, April 16. On the other hand, it’s trading volume surged 4.90% to $45 billion in the last 24 hours. Whilst, the crypto held a market capitalization of $1.22 trillion.

In the altcoin arena, the Ethereum price slumped 3.44% to $3,033.71 at press time with a market valuation of $364.29 billion. Whilst, ETH saw its trading volume increase by 2.92%, reaching $22.78 billion. Meanwhile, the Binance Coin (BNB) price was down by 4.69%, reaching $538.63. On the contrary, its 24-hour trade gained 3.12% to $1.51 billion.

The Solana price geared up to fal below the $130 mark today. The Solana price crashed by 10.82%, settling at $132.46. In addition, SOL witnessed a 6.48% slump in trade volume to $5.72 billion in the last 24 hours. Whilst, the XRP price extended lower than $0.49. The XRP price recorded a dip of 3%, reaching $0.4848. On the other hand, XRP’s trading volume increased 3.90% to $2.43 billion.

Meanwhile, the Cardano price was down by 2.24% to $0.4543 today. Whilst, ADA recorded a decline of 15.83% in its 24-hour trading volume, settling at $709.49 million. As the top crypto prices crashed, the popular meme coins followed suit. The Dogecoin price slipped 3.51% to $0.1534 while its rival, Shiba Inu price plunged 4.33% and traded at $0.0000213.

Also Read: Bitcoin’s Funding Rate and Resistance Threatens Price Rebound

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Top Crypto Prices Today Are

Pepe Coin (PEPE)

The Pepe Coin (PEPE) crypto, a trending Solana meme coin, continued declining amid the bearish trend today. At press time, the Pepe Coin price was down by 7.49% to $0.000004837 with a market valuation of $2.03 billion. In addition, the 24-hour trade volume for PEPE slumped by 6.18% to $895.34 million.

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Core Rallies 62%

Core (CORE), an EVM-compatible L1 project, registered an phenomenal rally of over 62% and ranked the top crypto gainer today. The Core price was up by 62.29% to $2.35 at the time of reporting. Moreover, its trade volume skyrocketed by a whopping 326.46% and stood at $699.24 million. Furthermore, the Core crypto attained a high of $2.83 amid the rally today.

Also Read: Bitcoin Dominance Surged To Three Year High; What Will Happen Next?

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