Altcoins

Bitcoin drops to $62,000, major altcoins fall 2%-6%

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Cryptocurrency prices showed a notable decline today, generating a torrent of bearish buzz across the broader market. The price of Bitcoin (BTC) fell to $62,000, while Ethereum plummeted to $3,400. Other cryptocurrencies such as Solana (SOL), XRP and meme coins also fell 2%-6%.

At the same time, the global cryptocurrency market capitalization plummeted by 2.37% to $2.29 trillion. However, the total cryptocurrency market volume over the past day saw an increase in value of 23.68% to $42.51 billion.

Here is a collection of some of the major cryptocurrencies and their price movements today, June 24th.

The best cryptocurrency prices today

Bitcoin price

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

Bitcoin’s dominance today stood at 54.15%, up slightly by 0.03% from the previous day. The flagship’s market capitalization fell to $1.23 trillion.

Ethereum price

The price chart of ETH showed a decline of 3.04% today, settling at $3,405.66 at the time of writing. The 24-hour lows and highs were $3,387.72 and $3,519.32, respectively.

Ethereum’s market capitalization fell to $416.35 billion in the last 24 hours.

Solana price

Cryptocurrency The price of SOL the chart shows a 5.73% pullback and is currently trading at $126.84. Solana’s 24-hour dips and peaks were valued at $126.53 and $134.90, respectively.

XRP Price

THE Cryptocurrency supported by Ripple Labs recorded a 2.39% drop in value to trade at $0.4768. Its 24-hour lows and highs were $0.4743 and $0.4888, respectively.

DOGE AND SHIB prices

Meanwhile, as the meme coin sector mimicked the movement of the broader market, DOGE price recorded a decline of 2.42% to $0.1218 in the last 24 hours. Similarly, Shiba Inu (SHIB) and Pepe coin (PEPE) showed signs of retreat, down 4%-8%.

SHIB At the time of writing it was trading at $0.00001742, while PEPE was trading at $0.00001088.

Read also: 21Shares Ethereum ETP Staking Live on LSE: Here’s What Makes It Different

Top cryptocurrency gains today

While most tokens traded in red territory today, UNUS SED LEO (LEO) noted slight gains of 0.41% to trade at $5.78 at the time of writing.

Top cryptocurrency losers today

LayerZero (ZRO) corrected by 12.18% to $2.73.
JasmyCoin (JASMY) followed, down 10.77% to $0.02949.
It also follows dogwifhat (WIF), which corrected 10.45% to settle at $1.61.
Likewise, Ethereum Name Service (ENS) fell 10.31% to $22.89.

Analyzing the hourly charts, it can be seen that BTC, ETH and SOL have fallen further. However, XRP, DOGE, and SHIB have instead gained over the same time frame.

Read also: Michael Saylor Launches Epic Take on Bitcoin, Says It’s ‘Economic Immortality’

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