Crypto Market Today: BTC Falls to $66K, ETH Trades at $3,320, SOL & XRP Drops

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Crypto Market Today: BTC Falls to $66K, ETH Trades at $3,320, SOL & XRP Drops

Last updated on May 18th, 2024 at 12:09 pm

Cryptocurrency prices continue to decline as Bitcoin and Ethereum drop to $66,124.84 and $3,329.58, with other major altcoins following suit.

Bitcoin (BTC) and Ethereum (ETH) Prices Today

As of the latest update, Bitcoin (BTC) has fallen to the $66,000 mark, currently trading at $66,332.26, down 0.13% in the last 24 hours. Ethereum (ETH) now trades at $3,332.74, down 0.74% over the last day.

Top Altcoin Performances

Binance Coin (BNB): Despite the bearish sentiment, Binance Coin (BNB) defies the trend and gains 4.12%, reaching $583.57.

Solana (SOL): Solana (SOL) witnesses a decline of 2.17%, from the $190 mark again, currently trading at $185.72.

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XRP: XRP extends its decline, falling below $0.59 to $0.5764, down 1.86%.

Cardano (ADA): Cardano (ADA) tumbles 1.49% to $0.5786, accompanied by a decline in trading volume.

Dogecoin (DOGE) and Shiba Inu (SHIB): The meme coin arena follows the downtrend, with Dogecoin (DOGE) down 2.10% to $0.1809 and Shiba Inu (SHIB) dipping 1.54% to $0.0000268.

Top Gainers on April 4

Dragon Ball Z Tribute (DBZ): On the top gainers list, Dragonball Z Tribute (DBZ) is leading the trend. At press time, the token, which was designed to pay tribute to the brilliance and inventiveness of the late Akira Toriyama, the creator of the renowned Manga Dragon Ball series, has increased by 37%. Currently trading at $0.00000439, DBZ has a $3.9 million market capitalization. Its 24-hour trading volume has notably expanded exponentially by 6,785%, indicating a rise in interest in and activity around the asset.

Ethena (ENA): The synthetic dollar protocol Ethena (ENA), which was developed on the Ethereum network, comes in second position with a significant increase over the previously indicated period. The token value has increased by more than 20% to $1.03. Additionally, its market capitalization has spiked to $1.4 billion, a growth of 20%. Consequently, the coin currently occupies the #69 position on the worldwide cryptocurrency market chart.

READ ALSO: Coinbase Integrates Bitcoin Lightning Network with LightSpark as Provider

While Bitcoin and Ethereum experience downward pressure, Binance Coin stands out as a performer amidst the bearish sentiment. Solana, XRP, and other major altcoins follow the downward trend, contributing to the overall decline in the cryptocurrency market. Meanwhile, the meme coin sector mirrors the broader market sentiment, with Dogecoin and Shiba Inu also witnessing losses. As the market continues to fluctuate, investors closely monitor the movements of both established and emerging cryptocurrencies.

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