Crypto News

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

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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.

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%.

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.

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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