NewsletterCrypto Prices Today June 18: Bitcoin Nosedives To $65K, Ethereum Sinks 5% Amid Bearish Market
Highlights
- The global crypto market cap saw a significant 3% dip today, June 18.
- Bitcoin and Ethereum prices extended a bearish movement.
- The broader crypto market followed this tumbled movement although XRP noted slight gains.
The crypto prices today rode a bearish wave as Bitcoin (BTC) slipped to the $65K mark, whereas Ethereum (ETH) showed signs of a pullback. Altcoins Solana (SOL) and others mainly followed, with Dogecoin (DOGE) and Shiba Inu (SHIB) meme coins noting a dip of 9%-13%. However, XRP traded in the green, defying broader market trends.
The global crypto market cap saw a significant 3.14% decline to $2.35 trillion, although the total crypto market volume from yesterday spiked 104.01% to $94.07 billion. This follows whopping outflows recorded across the crypto sector, triggered by the U.S. Fed’s recent hawkish stance.
Here’s a collection of some of the top cryptos and their price movements today, June 18.
Top Crypto Prices Today
Bitcoin Price
The BTC price chart illustrated a faded movement today, nosediving to $65,374.98, down 1.39% over the past day. The token’s 24-hour bottoms and highs are $64,597.25 and $67,252.08, respectively.
Bitcoin’s dominance stood at 54.87%, a 0.93% jump over the past day. The token boasted a waned market cap of $1.29 trillion. This drop comes in the background of nearly $146 million outflows recorded in the U.S. spot BTC ETFs, per data by Farside Investors.
Ethereum Price
ETH price traded primarily in the red in the past 24 hours, falling 4.39% to $3,428.45. The token’s 24-hour lows and highs are $3,371.59 and $3,591.67, respectively.
Ethereum boasted a market cap of $419.50 billion.
Solana Price
SOL price corrected 9.25% over the past day to trade at $134.26 at press time. Solana’s 24-hour slumps and peaks are $130.16 and $148.95.
XRP Price
However, the Ripple Labs-backed crypto noted slight gains of 0.33% over the past day to reach $0.4893. XRP’s 24-hour lows and highs are $0.4808 and $0.5194, respectively.
DOGE & SHIB Prices
Besides, the meme coins sector mimicked the broader market’s tumbled movement. Dogecoin (DOGE) fell 9.74% from yesterday to $0.122, while Shiba Inu (SHIB) fell 12.12% to $0.00001802. Further, Pepe coin (PEPE) plummeted 11.84% to $0.00001055.
Also Read: GameStop (GME) Plunges 13% After Unexpected Announcement From CEO
Top Crypto Gainers Today
The only top gainer for today was XRP, per CoinMarketCap’s data, with its price action facilitated above.
Top Crypto Losers Today
zkSync (ZK) price crashed 30.23% to $0.2002.
Fantom (FTM) price plummeted 20.69% to $0.5013.
Ethena (ENA) price plunged 18.89% to $0.6021.
Starknet (STRK) price dipped 17.82% to $0.7444.
Meanwhile, it’s also worth mentioning that BTC and ETH noted gains in their hourly timeframe charts, underscoring a tussle to gain upside momentum. Similarly, altcoins SOL, XRP, DOGE, and others followed.
Also Read: Ex-SEC Official Denies Joining Memecoin Platform
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