Crypto Prices Today June 24: Bitcoin Leads Bear Market, Slips To $62K With Altcoins Dipping 2%-6%

Coingapestaff
June 24, 2024
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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.
Crypto Market Today (Mar 15): BTC Regains $84K; ETH, XRP, SOL Pump

Highlights

  • Bitcoin drops to the $62K price level today.
  • Altcoins mainly follow this downtrend, although one appears to have defied it.
  • The global crypto market cap saw a nearly 2% decrease from yesterday.

The crypto prices today have portrayed a notable comedown, generating a torrent of bearish buzz across the broader market. Bitcoin’s (BTC) price plummeted to the $62K mark, whereas Ethereum tumbled to $3,400. Other cryptos like Solana (SOL), XRP, and meme coins also fell 2%-6%.

Simultaneously, the global crypto market cap plunged 2.37% to $2.29 trillion. However, the total crypto market volume over the past day saw a 23.68% increase in value to $42.51 billion.

Here’s a collection of some of the top cryptocurrencies and their price movements today, June 24.

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Top Crypto Prices Today

Bitcoin Price

BTC price trajectory saw a notable dip today, down 2.40% to trade at $62,897.78. The token’s 24-hour lows and highs were recorded to be $62,683.01 and $64,408.84, respectively.

Bitcoin’s dominance today stood at 54.15%, a slight 0.03% jump over the past day. The flagship’s market cap fell to $1.23 trillion.

BTC Price June 24

Ethereum Price

ETH price chart showed a 3.04% drop today, resting at $3,405.66 while writing. It’s 24-hour bottoms and tops were $3,387.72 and $3,519.32, respectively.

Ethereum’s market cap waned to $416.35 billion in the past 24 hours.

ETH Price June 24

Solana Price

The crypto SOL’s price chart shows a pullback of 5.73% and is currently trading at $126.84. Solana’s 24-hour slumps and peaks were evaluated as $126.53 and $134.90, respectively.

Crypto SOL price June 24

XRP Price

The Ripple Labs-backed crypto experienced a 2.39% decline in value to trade at $0.4768. Its 24-hour lows and highs were $0.4743 and $0.4888, respectively.

Crypto XRP Price June 24

DOGE & SHIB Prices

Meanwhile, as the meme coins sector mimicked the broader market’s movement, DOGE price saw a 2.42% decrease to $0.1218 in the past 24 hours. Similarly, Shiba Inu (SHIB) and Pepe coin (PEPE) showed signs of a pullback, dipping 4%-8%.

SHIB traded at $0.00001742 while writing, whereas PEPE traded at $0.00001088.

Also Read: 21Shares Ethereum Staking ETP Live On LSE, Here’s What Makes It Different

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Top Crypto Gainers Today

Although a majority of the tokens traded in the red territory today, UNUS SED LEO (LEO) noted slight gains of 0.41% to trade at $5.78 while writing.

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Top Crypto Losers Today

LayerZero (ZRO) corrected 12.18% to $2.73.
JasmyCoin (JASMY) followed, dipping 10.77% to $0.02949.
dogwifhat (WIF) also followed, correcting 10.45% to trade at $1.61.
Similarly, Ethereum Name Service (ENS) sunk 10.31% to $22.89.

Upon scoping in on the hourly time frame charts, it can be seen that BTC, ETH, and SOL have further dipped. However, XRP, DOGE, and SHIB conversely gained during the same time frame.

Also Read: Michael Saylor Issues Epic Take On Bitcoin, Says It Is “Economic Immortality”

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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.
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.

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
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.
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.