NewsletterCrypto Prices Today June 5: Bitcoin Breaches $71K, Altcoins ETH, SOL, & Others Mimic Pump
Highlights
- Bitcoin nears $71K, after the token already briefly crossed the same price level in the past 24 hours.
- Ethereum traded above $3,800, maintaining its position.
- Altcoins followed the upside movement, trading in the green with TON & FLOKI among top gainers.
The crypto prices today have set off a highly optimistic wave across the broader industry. Bitcoin (BTC) gained a significant upside momentum, closing in on the $71K mark. Altcoins Ethereum (ETH), Solana (SOL), XRP, and others followed this upside momentum, with Toncoin (TON) emerging among the top gainers for the day. The meme coins sector also saw a notable recovery, with Floki Inu (FLOKI) emerging as one of the top gainers on the list.
Despite some fluctuations, the total crypto market cap has shown resilience, increasing by 1.63% to $2.61 trillion today. However, the total crypto market volume experienced a dip of 2.26% to $82.13 billion.
Also, Binance’s BNB coin hit a new ATH, resting at $709 with 12% gains in the past 24 hours.
Here’s an overview of some of the top cryptocurrencies and their prices today, June 5.
Top Crypto Prices Today
Bitcoin Price
Bitcoin (BTC) has made a significant move, with its price surging by 2.27% over the past 24 hours. It’s currently valued at $70,822.92, with daily lows and peaks at $68,564.64 and $71,247.57, respectively.
This attention-grabbing surge comes against the backdrop of over $600 million in inflows recorded in Bitcoin ETFs on June 4, per data by Farside Investors. Moreover, as the day longed, BTC topped $71K again, resting at $71,100. This birthed investor optimism amidst the recent approval of BTC ETF in Thailand.
Ethereum Price
With the second-largest market cap, ETH crypto experienced a price jump of 0.89% in the past 24 hours to $3,808.51. Its 24-hour lows and highs are $3,743.29 and $3,839.72, respectively.
Ethereum flaunts a market cap of $457.45 billion.
Solana Price
Meanwhile, SOL turned heads with a 4.52% price upswing in the past 24 hours, reaching $173.46. The token’s 24-hour lows and highs were recorded as $164.52 and $174.78, respectively.
XRP Price
Another crypto, much-eyed by investors, XRP, witnessed gains worth 1.07% over the past day and rested at $0.5263. The Ripple Labs-backed token’s 24-hour lows and highs are $0.5185 and $0.53, respectively. It’s also worth noting that $0.53 acts as a significant resistance level for XRP.
DOGE & SHIB Prices
Dogecoin and Shiba Inu from the meme coins sector illustrated gains of 2%- 5%. DOGE’s price jumped 2.30% to $0.163, while SHIB surged 4.59% to $0.00002549.
Pepe coin followed with slight gains of 0.69%, reaching $0.00001466.
Top Crypto Gainers Today
Floki Inu (FLOKI) surged 24.69% to $0.0003359 today.
Uniswap (UNI) pumped 18.79% to $11.33.
ORDI increased 14.21% to $54.12.
Toncoin (TON) price rallied 12.58% to $7.62.
Also Read: Ripple CEO Brad Garlinghouse Predicts XRP ETFs Arrival by 2025
Top Crypto Losers Today
Ethena (ENA) saw a pullback, dipping 6.87% to $0.9566.
Wormhole (W) saw a plunge of 6.81% to $0.6395.
Dog To The Moon (DOG) fell 6.36% to $0.008689.
Notcoin (NOT) slipped 2.82% to $0.00868.
In the interim, hourly time frame charts illustrate that Bitcoin & Ethereum noted gains of approximately 0.15%, ALtcoins SHIB, DOGE, & XRP followed this upward momentum, whereas SOL slipped 0.26%.
Also Read: 3 Solana Meme Coins To Buy As SOL Hits $170
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