Crypto Prices Today August 10: Bitcoin At $60K, ETH, SOL, & XRP Wane

Coingapestaff
August 10, 2024
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Crypto Market Today Jan 31: BTC & Altcoins Turbulent Ahead Of US PCE Data

Highlights

  • Bitcoin slips to $60K against the backdrop of ETF outflows.
  • Ethereum, Solana, and XRP follow the broader trend, trading in the red.
  • However, Helium and Toncoin emerge among the top gainers, defying the broader market sentiment.

Crypto prices today: Bitcoin’s (BTC) price encountered significant market volatility, resting at the $60K price mark. Ethereum (ETH), Solana (SOL), and XRP prices followed the broader market trend, trading in the red territory.

The global crypto market cap witnessed a 1.84% decline in value to $2.11 trillion. Further, the total crypto market volume dipped 23.36% to $70.18 billion.

Here’s a brief overview of some of the highest-ranking cryptocurrencies by market cap and their price run today, August 10.

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Crypto Prices Today

Bitcoin Price

The BTC price chart illustrated a 1.46% decline in the past 24 hours and is currently trading at $60,512. The flagship crypto’s 24-hour bottoms and tops were $59,587.86 and $61,464.51, respectively.

Bitcoin’s dominance saw a 0.09% upswing to 56.48% today. Also, the coin’s futures OI increased 1.78% over the past day to $28.18 billion.

However, Bitcoin ETFs recorded $89.73 million in outflows, per data by Soso Value, aligning with today’s waning price movement.

BTC Price August 10
Source: Coinmarketcap

Ethereum Price

Meanwhile, the ETH price chart illustrated a fall of 3.27% in the past 24 hours to finally rest at $2,604.85. Its 24-hour bottoms and peaks were registered to be $2,555.23 and $2,706.45, respectively.

Ethereum’s waning price movement falls in line with a couple of massive ETH whale dumps to Coinbase and Kraken, per data by Whale Alert. ETH’s market cap stood at $313.1 billion today.

ETH price August 10

Solana Price

The SOL price witnessed a 3% dip in value to reach $154.20 as of writing. The crypto’s 24-hour bottoms and tops were recorded as $151.23 and $159.57, respectively.

Notably, talks of a potential Solana ETF in the U.S. have gained considerable traction lately. VanEck Head of Research Matthew Sigel recently pointed out that the U.S. may need a regulatory “soft fork” before securing approval for an SOL ETF.

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XRP Price

Simultaneously, the XRP price followed the crypto prices today, tanking 4.09% in the past 24 hours to $0.5912. Its daily slumps and peaks were recorded as $0.569 and $0.6164, respectively.

On-chain data from Whale Alert illustrated millions of XRP shifted in whale accumulations and dumps to and fro Binance in the past 24 hours. This uncertain market sentiment among whales coincides with the asset’s bearish movement

Crypto Price Today: RP Price

DOGE & SHIB Prices

Dogecoin (DOGE) price slipped 2.01% over the past day to $0.1038. Shiba Inu (SHIB) price tumbled 0.97% in the past 24 hours to $0.00001397.

Additionally, PEPE, WIF, and BONK dipped 3%-4%.

Also Read: ‘A Vote for Harris Is a Vote Against the American Crypto Industry,’ Says Cardano CEO

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Crypto Gainers Today

Helium (HNT) price soared 15.15% to $6.79.
Cronos (CRO) price surged 13.15% to $0.09441.
Zcash (ZEC) price pumped 12.56% to $41.06.
Toncoin (TON) price upsurged 8.51% to $6.70.

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Crypto Losers Today

Popcat (POPCAT) price fell 9.27% to $0.573.
Brett (BRETT) experienced a 5.81% price dip to $0.09837.
Artificial Superintelligence Alliance (ASI) price tanked 5.25% to $0.842.
Render (RENDER) price cracked 4.74% to $4.80.

Besides, the hourly time frame charts illustrated that BTC slipped 0.20%, whereas ETH gained 0.05%, hinting that further turbulency may be expected in the crypto prices today.

Also Read: US SEC Settles Fraud Charges in $40M Ideanomics Crypto Misreporting Case

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Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

About Author
About Author
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.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.