Cryptocurrency Price Today: Crypto Rally Ends As BTC Falls Over 2%, ETH Down 4%
The global cryptocurrency market traded in the red on Friday as BTC and ETH surged. The market fell 2.76% to $1.02 trillion, while trading volume fell 2.81% to $65.29 billion in the past 24 hours as of 5:50 p.m. IST, according to Coinmarketcap. com.
Friday’s top earner was Theta Fuel token. It was trading at $0.06763, up 7.99% in the past 24 hours. The big loser was Lida DAO, trading at $1.94, down 8.61% in the last 24 hours.
“Ripple (XRP) and Shiba Inu (SHIB) highlighted an increase in whale transactions to a three-month high. Traditional financial firms continued to price XRP as a potential “payment opportunity” and SHIB has recorded a resurgence of new holders amid a spike in social media mentions,” the CoinDCX market research team said.
Bitcoin (BTC): BTC fell 2.35% to $21,204. Its intraday low was $21,171. Its market capitalization decreased by 2.34% to $405.6 billion and its trading volume decreased by 5.38% to $30.2 billion. BTC’s dominance in the crypto market increased by 0.15% to 39.74%.
Ethereum (ETH): ETH rose 4.47% to hit $1,631. Its market cap decreased by 4.46% to $199.2 billion and its trading volume increased by 3.39% to $16.5 billion.
Ripple (XRP): The price of XRP climbed 1.18% to $0.353, while its market capitalization rose 1.18% to $17.4 billion. XRP’s trading volume increased by 15.10% to $1.2 billion.
Solana (SOL): The price of SOL fell 5.58% to $34.18. Its market capitalization decreased by 5.58% to $11.9 billion and its trading volume decreased by 17.38% to $758.7 million.
Gimbal (ADA): The price of ADA rose 0.13% to $0.4645. Its market capitalization increased by 0.13% to $15.6 billion and its trading volume increased by 63.56% to $810.5 million.
Dogecoin (DOGE): DOGE’s price fell 4.41% to $0.06747, its market cap rose 4.41% to $8.9 billion and its trading volume fell 0.32% to 435.5. millions of dollars.
Shiba Inu (SHIB): SHIB price rose 7.75% to trade at $0.00001335. Its market cap decreased by 7.75% to $7.3 billion and its trading volume increased by 13.31% to $4,782.9 million.
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