CDS Crypto News crypto market news today: Bitcoin & ETH on a Bumpy Ride, Notcoin Soars Over 30%
Crypto News

crypto market news today: Bitcoin & ETH on a Bumpy Ride, Notcoin Soars Over 30%

45
crypto market news today: Bitcoin & ETH on a Bumpy Ride, Notcoin Soars Over 30%

crypto market news today: Bitcoin and Ethereum Volatile, Notcoin Surges Over 30%

Crypto News- Today, the crypto market remained volatile, with traders and investors closely monitoring price movements. Bitcoin (BTC) and Ethereum (ETH) faced ongoing market turbulence. BTC surpassed the $68K mark, while ETH fluctuated around $3,800. Notcoin (NOT), however, continued its impressive price rally.

Market Overview

The global crypto market cap saw a modest increase of 0.35% from yesterday, reaching $2.54 trillion. Additionally, the total crypto market volume surged by an impressive 42.15% in the past 24 hours, reaching $64.02 billion.

Top Crypto Prices Today

Bitcoin Price

Bitcoin, the leading cryptocurrency, traded at $68,471.68, marking a 1.07% increase over the past day. Its 24-hour lows and highs were $67,315.53 and $68,743.08, respectively. Bitcoin’s dominance stood at 52.89%, up by 0.23% over the past day, with a market cap of $1.34 trillion, reflecting a 0.89% rise.

crypto market news today: Bitcoin & ETH on a Bumpy Ride, Notcoin Soars Over 30%

Ethereum Price

Ethereum saw a predominantly bearish trading session, slipping 0.19% to $3,798.25 at the time of writing. Its 24-hour lows and highs were $3,752.41 and $3,819.97, respectively. Despite the approval of spot ETH ETFs leading to a dry spell in exchange balances, ETH’s price remained sluggish.

crypto market news today: Bitcoin & ETH on a Bumpy Ride, Notcoin Soars Over 30%

Solana Price

Solana (SOL) experienced a 1.56% dip over the past day, trading at $163.45. Its 24-hour lows and highs were $161.65 and $166.33, respectively, mirroring the broader market trend.

crypto market news today: Bitcoin & ETH on a Bumpy Ride, Notcoin Soars Over 30%

XRP Price

XRP, backed by Ripple Labs, fell by 0.43% to $0.5164 in the past 24 hours. Its 24-hour lows and highs were $0.5093 and $0.5194, respectively.

crypto market news today: Bitcoin & ETH on a Bumpy Ride, Notcoin Soars Over 30%

DOGE & SHIB Prices

Dogecoin (DOGE) and Shiba Inu (SHIB) followed the downward trend seen in the meme coin sector. DOGE slipped 0.05% to $0.1598, while SHIB decreased by 1.47% to $0.00002472. In contrast, Pepe coin (PEPE) saw a slight increase of 0.19% to $0.00001469.

Top Crypto Gainers Today

  • Notcoin (NOT): Rallied by 31.32% to $0.02277.
  • Aevo (AEVO): Surged by 14.29% to $1.06.
  • Toncoin (TON): Jumped by 10.30% to $6.96.
  • Klaytn (KLAY): Increased by 9.40% to $0.2398.

Top Crypto Losers Today

  • ORDI: Fell by 6.28% to $45.45.
  • Bonk (BONK): Tumbled by 5.18% to $0.00003146.
  • Beam (BEAM): Slipped by 5.29% to $0.02744.
  • Book Of Meme (BOME): Plunged by 4.65% to $0.01287.

Hourly Time Frame Analysis

On an hourly basis, BTC’s price saw a slight decrease of 0.03%, while ETH experienced a small jump of 0.06%. Altcoins displayed a mix of price actions, reflecting the overall market sentiment.

Frequently Asked Questions (FAQ)

Why are cryptocurrency prices so volatile?

Cryptocurrency prices are highly volatile due to factors such as the relatively new and illiquid market, regulatory uncertainties, speculation, movements by large investors, and technological developments. Additionally, news and social media can cause sudden and significant price changes in cryptocurrencies.

What is the difference between Bitcoin and Ethereum?

Bitcoin, created by Satoshi Nakamoto in 2009, is the first cryptocurrency and is considered digital gold. Its primary purpose is to serve as a decentralized payment system. Ethereum, created by Vitalik Buterin in 2015, is a platform that supports smart contracts and decentralized applications (dApps). Ether (ETH) is the native cryptocurrency of the Ethereum platform.

What is cryptocurrency market cap?

Cryptocurrency market cap (market capitalization) represents the total value of a cryptocurrency. It is calculated by multiplying the current price of the cryptocurrency by its total circulating supply. Market cap is used to determine the size and significance of a cryptocurrency within the market.

What should I consider when investing in cryptocurrencies?

When investing in cryptocurrencies, it’s important to evaluate the technology behind the project, the team, the roadmap, community support, and market demand. Due to the volatility, you should invest amounts you can afford to lose and diversify your portfolio. Using reliable exchanges and wallets to ensure security is also crucial.

For the latest in crypto updates, keep tabs on Crypto Data Space.

crypto market news today: Bitcoin & ETH on a Bumpy Ride, Notcoin Soars Over 30%

Leave a comment

Leave a Reply

Related Articles

BNB Chain Announces New Incubation Alliance to Support Early Stage Projects

BNB Chain Announces New Incubation Alliance to Support Early Stage Projects

Crypto News Today- Millionaire Meme Coin Snipers Share Their Winning Secrets

Meme coin trading is rapidly gaining popularity, with trading volumes hitting new...

Breaking Crypto News – Crypto Markets Net Inflows of $12 Billion This Year

Breaking Crypto News - Crypto Markets Net Inflows of $12 Billion This...

Breaking Crypto News – Mastering May Crypto Investments: Maximizing Returns with Notcoin Launch

Breaking Crypto News - Mastering May Crypto Investments: Maximizing Returns with Notcoin...