Crypto News

Crypto Prices Today August 16: Bitcoin at $58K, Fantom (FTM) Up 4%

The crypto prices today have stirred up mixed sentiments across the broader market. BTC rested at the $58K level, while altcoins mainly slip. Besides, FTM price soars.
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Crypto Prices Today August 16: Bitcoin at $58K, Fantom (FTM) Up 4%

Highlights

  • Bitcoin rests at $58K after a highly volatile trading session.
  • Ethereum, Solana, and XRP follow the broader market sentiment with their prices slipping.
  • PEPE and WIF emerged among the day's crypto losers.

The crypto prices today have illustrated mixed actions, sparking investor speculations across the globe. Bitcoin (BTC) stood at the $58K level, whereas Ethereum (ETH), Solana (SOL), and XRP prices slipped 1%-3%. While Fantom (FTM) emerged among the top gainers, the global crypto market cap witnessed a 1.30% decrease in value to $2.05 trillion. Nonetheless, the total crypto market volume today saw a 6.21% increase to $74.38 billion.

Here’s a brief collection of some of the leading cryptocurrencies by market cap and their price run today, August 16.

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Crypto Prices Today

Bitcoin Price Today

BTC price rested at $58,158.64 today, a marginal 0.08% decrease in the past 24 hours. Its daily lows and highs were recorded as $56,161.59 and $59,838.65, respectively.

Data by Greeks.live on X shows that 24,000 BTC options are set to expire with a put-call ratio of 0.83, a notional value of $1.4 billion. On the other hand, data by Soso Value showed Bitcoin ETFs attracted $11.11 million in inflows as of August 15, stirring contrasting market sentiments.

Bitcoin’s dominance stood at  55.83%, a 0.29% increase over the past day. The flagship crypto’s market cap stood at $1.14 trillion.

Source: CoinMarketCap

Ethereum Price Today

Meanwhile, the ETH price rested at $2,584.51 today, a 2,31% drop in the past 24 hours. Its daily slumps and peaks were recorded at $2,518.67 and $2,675.31, respectively.

Further, data by Greeks.live also illustrated that 184,000 ETH options expiry are set to expire with a put call ratio of 0.80, a notional value of $470 million.

Also, Ethereum’s market cap stood at $311.21 billion today.

Solana Price Today

The crypto SOL’s price witnessed a 1.36% downfall in value to trade at $142.23 today. Its 24-hour lows and highs are $141.01 and $147.35, respectively.

XRP Price Today

The XRP price chart illustrated a 1.11% fall in value to reach $0.5639. Its 24-hour lows and tops were recorded as $0.5525 and $0.5727, respectively.

DOGE & SHIB Prices Today

Simultaneously, the DOGE price slipped 1.60% to $0.1009 today, whereas SHIB waned 1.98% to $0.00001335.

Additionally, it’s worth mentioning that Pepe coin (PEPE), dogwifhat (WIF), and Bonk tumbled 3%-7%.

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Crypto Gainers Today

Fantom (FTM) price soared 4.40% to $0.389.
THORChain (RUNE) price jumped 4.89% to $3.88.
Litecoin (LTC) price saw a 1.80% increase to $65.56.
Aave (AAVE) price gained 1.28% to $108.36.

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Crypto Losers Today

SATS (1000SATS) price tanked 7.61% to $0.0002922.
Pepe coin (PEPE) price cracked 7.28% to $0.000007412.
dogwifhat (WIF) price tumbled 6.78% to $1.47.
Aptos (APT) price plunged 6.33% to $6.27.

Besides, the hourly time frame charts illustrated that BTC price gained 0.30%, whereas ETH price pumped 0.39%, sparking further curiosity over the crypto prices today.

A recent report by CoinGape Media spotlights that Japanese yen carry trade that caused a crash in stock and crypto markets globally is further making a comeback.

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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.

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Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and 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.
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