Highlights
The crypto prices today have caused some uneasiness among traders and investors, as Bitcoin (BTC) & Ethereum (ETH) dipped to the $69K & $3,600 mark in the past 24 hours. Altcoins, Solana (SOL), XRP, and meme coins followed the tumbled price action. However, there is a silver lining as Wormhole (W) and Injective (INJ) emerged among today’s top gainers, presenting a potential for profit. Conversely, ‘dogwifhat’ (WIF) and Core were among the top losers of the day.
The global crypto market cap decreased by 2.60% to $2.55 trillion, whereas the total crypto market volume increased by 42.17% to $106.43 billion from yesterday.
Here’s a collective briefing on some of the top cryptos and their prices today, June 8.
While writing, BTC price saw a 2% dip in the past 24 hours, reaching $69,487.09. After a substantial break above $71K, the flagship crypto took a bearish turn in the market. Its 24-hour lows and highs are $68,507.26 and $71,918.97, respectively.
Bitcoin’s dominance over the past day saw a 0.38% upswing, resting at 53.62%. The token’s market cap totaled $1.37 trillion.
ETH price followed the waning price action, aligning with today’s broader market trend. The token rested at $3,688.51, down 3.09% in the past 24 hours. Its 24-hour bottoms and peaks are $3,604.78 and $3,838.45, respectively.
Simultaneously, the SOL price noted a pullback, slipping 4.49% over the past day to $162.72. The token’s 24-hour bottom and top were $154.88 and $172.44, respectively.
The Ripple Labs-backed digital asset XRP also fell 4.33% to $0.5002, slipping below the crucial support of $0.52. Its 24-hour lows and highs are $0.4631 and $0.5275, respectively.
Despite XRP being into consideration for being a currency for the BRICS payment system, the token has followed the broader market’s movement.
Similarly, the meme coins sector mimicked the tumbled price action today, with DOGE plunging 7.88% to $0.1483 and SHIB declining 4.39% to $0.00002388.
Injective (INJ) rallied 2.59% to $30.10.
Wormhole (W) continued to gain, jumping 10.23% to $0.7475
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dogwifhat (WIF) plunged 17.41% to $2.71.
Core (CORE) dipped 13.63% to $1.70.
dYdX (DYDX) fell 12.87% to $1.88.
Gala (GALA) crashed 15.03% to $0.03874.
Meanwhile, hourly time frame charts illustrate that BTC and XRP prices waned while Ethereum and Solana struggled to gain an upward momentum.
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