Turbulent Day in the Crypto World: Bitcoin Stable, Altcoins in Collapse!

The cryptocurrency market faced significant volatility today. While Bitcoin (BTC) was trying to maintain the $60,000 level, the prices of Ethereum (ETH), Solana (SOL), and XRP dropped by 1% to 4%. At the same time, the global cryptocurrency market cap decreased by 0.63%, falling to $2.11 trillion. Additionally, the total market volume decreased by 11.70% to $81.57 billion.

The Leading Cryptocurrency Bitcoin and Ethereum Price

The leading cryptocurrency BTC price fell by 0.5% in the last 24 hours, reaching a level of $60,943. The lowest and highest levels during the day were recorded at $59,878.80 and $61,469.04, respectively. Interestingly, today's decline movement is parallel to the $54.13 million spot Bitcoin ETF outflows. However, BTC's market dominance increased by 0.19% to 56.97%. Additionally, Whale data shows significant whale transactions in the last 24 hours, leading to speculation among market observers.

The price of ETH fell more than 1% to $2,364. The lowest and highest levels of ETH during the day were recorded at $2,311.03 and $2,402.86, respectively. In addition, $3.20 million was withdrawn from spot Ethereum ETFs. Furthermore, according to Whale data, Ethereum whale cryptocurrency transactions have also increased. These movements trigger speculations, and Ethereum's market value has dropped to $284.76 billion today.

Solana and XRP

On the other hand, the price of SOL dropped by 4% in the last 24 hours to $137.32. The lowest and highest levels of SOL during the day were recorded as $133.55 and $142.81. Today, Solana's market value dropped to $64.35 billion. Therefore, the SOL price is experiencing sharp volatility in line with the general market trend. This situation is worrying investors and indicates that market fluctuations continue.

Meanwhile, the XRP price is trading at $0.5248, down more than 2%. The lowest and highest levels of XRP during the day were $0.5101 and $0.5412, respectively. In addition, Whale data reveals that large amounts of XRP have been moved to exchanges, raising concerns that XRP may experience further declines. The market value of the popular cryptocurrency XRP also fell to $29.69 billion today.

Daily Meme Coin Prices

Interestingly, Dogecoin (DOGE) rose to $0.1067, an increase of 0.5%. However, Shiba Inu (SHIB) fell to $0.0000165, a decrease of 1%.

By the way, PEPE, WIF, and BONK prices have experienced a decrease of 7% to 12%. Therefore, meme coins are also affected by the general market downturn, and price fluctuations continue.

Top Gaining and Losing Cryptocurrencies of the Day

Especially Monero (XMR) price increased by 4% in the last 24 hours, reaching $144. The lowest and highest levels of XMR during the day were $135.40 and $145.24, respectively. On the other hand, Aave (AAVE) reached $146 with a 3% increase. Additionally, Stacks (STX) rose by 1% to $1.89. These altcoins managed to gain value despite volatile market conditions.

The Sui (SUI) price fell by 16% to $1.63. Meanwhile, BONK dropped by 12% to $0.00002003, and Conflux (CFX) fell to $0.1616, also with a 12% decrease. These sharp declines are due to the general market fluctuations, causing concern among investors. As reported by Kriptokoin.com, the sharp market fluctuations indicate increased uncertainty in the crypto world. The price declines and gains are making investors uneasy and raising concerns about future movements.

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