Crypto Prices Today: Bitcoin Falls To $20k; XRP, Cardano Drops Over 4%; Huobi Token Tanks 21%

Shourya Jha
March 10, 2023 Updated September 5, 2025
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CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights 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.
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Crypto Prices Today: The market is trading in red today as Bitcoin, and Altcoins including Ethereum see a massive decline following SEC’s continuous crackdown on crypto-related exchanges and banks. 

As of writing, Bitcoin price has plummeted by 7.94% in the last 24 hours. Ethereum price decreases by 7.62%. Crypto prices today for Cardano fell by 3.57%. XRP has slashed by 4.04%. Solana price dropped by 7.63%. Polygon price is down by 4.08%. Polkadot price dips by 3.80%. Huobi Token dips by a massive 21.21%. 

The meme cryptos have been seeing a massive decline as well in the last 24 hours. Dogecoin price slashes by 8.24% whereas Shiba Inu price drops by 9.18%.

The global crypto market cap stands at 931.99 billion USD, slipping down by 60 billion in a mere 24 hours, a decrease of 6.59% over the past day. The total crypto market volume in the last 24 hours increased by 46.85% and is currently at 65.70 billion USD.

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The top 4 crypto for today are:

Bitcoin (BTC) price dips by 7.94%

The world’s largest crypto, Bitcoin price decreases by 7.94% in the last 24 hours, thus, taking the market cap to 386.72 billion USD. Each BTC is trading for 20,022 USD. The crypto which was seeing a turnover at the start of the year has been facing a tough few weeks amid the economic conditions and SEC’s crackdown. Trading volume in the last 24 hours is up by 62.83% indicating poor interest from investors. The dominance of Bitcoin has decreased by 0.72% compared to the previous day and stands at 41.38%.Crypto Prices Today: BTC Source: coinmarketcap

Also read: EOS Parent Block.One Books $83 Million Loss on Silvergate Equity Position

Ripple (XRP) price dips by 4.04%

XRP Price slips by 4.04% in the last 24 hours and each XRP token is trading for 0.3725 USD. The market cap for this crypto is currently at 18.97 billion USD. Trading volume is down by 12.21% over the last day.Crypto Prices Today: XRP Source: coinmarketcap

Cardano (ADA) price dips by 3.57%

With a drop of 3.57% in the Cardano price during the last 24 hours, the market cap for the crypto is at 10.67 billion USD. Whereas trading volume is seeing an increase of 58.46%. Each ADA token is trading for 0.3077 USD.Crypto Prices Today: ADA Source: coinmarketcap

Huobi Token (HT) price dips by 21.21%

Within a span of just 10 minutes, the value of the Huobi token price plummeted by over 93%, dropping from 4.6 USD to a mere 0.31 USD. However, it has since regained some ground. Justin Sun came in defense of this sudden price drop and claimed it was caused by a “few users who triggered a chain of leveraged liquidations”. Each HT token is currently trading at 3.82 USD. The market cap has come down to 620.07 million USD and trading volume has escalated by 313.48%.HT Source: coinmarketcap

Also read: Breaking: KuCoin Crypto Exchange Sued By NYAG Over Selling Securities

 

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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.
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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
Shourya is a fintech enthusiast who mainly reports on Cryptocurrency Prices, Union Budget, CBDC, and FTX collapse. Connect with her at [email protected]
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.