Today, the cryptocurrency market experienced a 'dramatic crash', with Bitcoin (BTC) prices falling below the $95,000 mark! Moreover, major altcoins such as Ethereum (ETH), XRP, Solana (SOL), and Binance Coin (BNB) have all hit new lows for the week, and the entire market seems to be shrouded in gloom.
However, amidst this storm, UNUS SED LEO (LEO) has become a bright spot, rising by 2% in the last 24 hours against the trend. This is truly a rare 'lone hero'. It is reported that the market liquidation value has reached $1.46 billion in the last 24 hours, which is quite alarming!
Overall, today's global cryptocurrency market has dropped by about 5%, with a market capitalization shrinking to $3.46 trillion. However, trading volume unexpectedly surged by 107%, reaching $324 billion, indicating that everyone is still trading frantically with enthusiasm. Meanwhile, the Fear and Greed Index has risen to 76, showing a shift in market sentiment compared to the previous 'extreme greed'.
In this ever-changing market, what is your investment strategy? Stay calm or seize the opportunity? Share with us in the comments!
Today's Bitcoin price
The trading price of Bitcoin (BTC) is $97,177, having fallen by 2% in the last 24 hours. The highest price in the last 24 hours was $100,358, and the market capitalization of the cryptocurrency is $1.92 trillion, with a trading volume of $111 billion in the last 24 hours. Bitcoin's market dominance remains strong at 55.71%.
According to Farside's data on Monday, the activities of BTC ETFs vary. Fidelity reported inflows of up to $175 million, while the total inflow for Bitcoin ETFs was $85 million. Meanwhile, Bitwise and ARK reported outflows of $39 million and $34 million, respectively. The data for BlackRock's ETF is still pending, and investors are eagerly awaiting the latest news.
Ethereum Price Today
Ethereum (ETH) trading price is $3727, falling by 7% from the previous day. ETH's 24-hour price range is between $3,523 and $3,954. Ethereum's market capitalization is $445 billion, with a 24-hour trading volume of $60 billion, holding a market share of 12.93%.
In ETF activities, the total inflow for ETH ETF is $5.6 million, primarily driven by Fidelity's $30 million. However, Bitwise and ARK reported outflows of $13 million and $4 million, respectively. The data for BlackRock's ETH ETF is still pending, and the market remains full of speculation.
3. XRP Price Today
The trading price of XRP is $2.19, having significantly dropped by 16% in the last 24 hours. Its market capitalization is $119 billion, with a trading volume reaching $20 billion in the last 24 hours.
XRP's 24-hour low and high prices are $2.08 and $2.49, respectively, highlighting the ongoing volatility in today's cryptocurrency market.
4. Solana Price Today
The price of Solana (SOL) is $216, remaining stable between $209 and $232 in the last 24 hours.
This cryptocurrency has a market capitalization of $100 billion, with a 24-hour trading volume of $9 billion. By market capitalization, SOL is the fifth largest cryptocurrency, with a market share of 2.94%.
5. Meme Crypto Performance Today
Today's cryptocurrency market seems a bit gloomy, especially in the meme coin sector, where prices have dropped significantly, indicating a bearish trend. First, Dogecoin (DOGE) is performing poorly, dropping by 14%, with its current trading price only at $0.3878, while its high in the last 24 hours was just $0.454. Another popular coin, Shiba Inu (SHIB), has dropped by 19%, currently priced at $0.00002524.
Moreover, other popular meme coins like PEPE, WIF, and BONK have also fallen into a downtrend, with losses ranging from 15% to 25%. This decline highlights the extreme volatility in the meme coin sector and the continued weakness in market sentiment. It seems that investors' confidence is being tested.
In such a macro environment, investors need to cautiously assess market dynamics and pay attention to sentiment changes to seek opportunities in this ever-changing cryptocurrency ocean.
Top performing cryptocurrency stocks today
1. UNUS SED LEO
In today's bearish cryptocurrency market, UNUS SED LEO (LEO) is the only token that has risen in the last 24 hours, increasing by more than 2%. LEO's trading price is $9.50, with a 24-hour low of $9.246 and a high of $9.563. The market capitalization of this token is $8.85 billion, remaining stable despite the overall market downturn.
Today's biggest cryptocurrency loser price
1. GALA
GALA price has dropped by 25%, becoming the worst-performing token in the last 24 hours. Its trading price is $0.0443, with a 24-hour high of $0.05799. GALA's market capitalization is $1.6 billion, and its 24-hour trading volume is $767 million, reflecting a significant drop in trading volume.
2. WLD
Worldcoin (WLD) price has plummeted by 23%, trading at $2.80. Its 24-hour high reached $3.645, but the overall market downturn severely impacted its performance. WLD's market capitalization is $2.09 billion, with a trading volume of $1.3 billion, making it the second worst performer of the day.
Overall, the cryptocurrency market has declined today, with most tokens experiencing losses or showing negative trends.
