Highlights
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.
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.
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.
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.
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
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
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.
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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