Altcoins
Bitcoin remains stable above $71,000, Wormhole (W) soars by 12%
Cryptocurrency prices today saw a trading session mostly in the red territory, with Ethereum (ETH), Solana (SOL), and XRP experiencing declining price trajectories. However, Bitcoin (BTC) managed to surpass the $71,000 mark, while Wormhole (W) emerged among the biggest gainers of the day. Kaspa (KAS) emerged among the biggest losers.
The global cryptocurrency market capitalization saw a significant decline of 1.05% to $2.62 trillion, followed by a total cryptocurrency market volume decline of 9.09% to $74.9 billion. This overall market decline is reflected in most cryptocurrency prices, although some appear to have defied the broader trend as well.
Here is a report on some of the major cryptocurrencies and their price movements today, June 7.
The best cryptocurrency prices today
Bitcoin price
After a notable break above the $71,000 mark, BTC price today it briefly slipped to the $70,000 mark. However, this slight downside move is in line with the broader market trend Bitcoin ETFs recorded net inflows of $217.7 million on June 6, according to data from Farside Investors. In line with this, the token once again surpassed $71,000, reaching $71,142.90, gaining 0.22% over the past day.
BTC’s 24-hour lows and highs are $70,119.12 and $71,625.74, respectively. Meanwhile, Bitcoin dominance today was 53.24%, an increase of 0.21% from yesterday.
Ethereum price
ETH price fell 1.57% in the past 24 hours to $3,804.81. The cryptocurrency’s 24-hour lows and highs are $3,761.78 and $3,865.93, respectively. Despite a phenomenal increase in daily active users on the Ethereum ecosystem following the ETF’s approval, the token has yet to witness significant upward momentum.
Solana price
Instead, after having exceeded the threshold of 170 dollars yesterday, Price SOL it slumped 2.02% in the past 24 hours to $170.47. Solana’s 24-hour lows and highs are $167.86 and $173.90, respectively.
XRP Price
The Ripple Labs-backed cryptocurrency followed the broader market trend, falling 0.68 percent to $0.5223. Its 24-hour lows and highs are $0.5175 and $0.5276, respectively.
However, a slide below the crucial support of $0.52 kept investors on their toes XRP Price it maintained a position above $0.52.
DOGE AND SHIB prices
DOGE price fell 1.01% to $0.1609 over the past day, while SHIB price in the same period it fell 2.99% to $0.00002511.
The prices of the main meme coins, PEPE, WIF and BONK, fell by 5-6%. However, FLOKI rose by 0.93%.
Top cryptocurrency gains today
Wormholes (W) rose 12.98% to $0.7.
Toncoin (TON) rose 5.62% to $7.63.
Injective (INJ) rose 5.83% to $28.
Flare (FLR) rose 5.04% to $0.02995.
Read also: BRETT vs. PEPE: Where will short-term inflows accumulate?
Top cryptocurrency losers today
Bitget Token (BGB) fell 8.27% to $1.21.
Kaspa (KAS) it slumped 5.34% to $0.1709
Fetch.ai (FET) fell 7.21% to $2.01.
Bon (Bonk) it slumped 6.88% to $0.00003146.
Meanwhile, hourly charts showed that BTC jumped 0.48%, while ETH, SOL, and XRP followed the bullish momentum.
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