Markets
Bitcoin and ETH take a bearish turn, wormhole and INJ pump
Today’s cryptocurrency prices caused some unease among traders and investors, as Bitcoin (BTC) and Ethereum (ETH) fell as low as $69,000 and $3,600 in the past 24 hours . Altcoins, Solana (SOL), XRP and meme coins followed the price drop. However, there is a glimmer of hope as Wormhole (W) and Injective (INJ) emerged among today’s top gainers, presenting profit potential. Conversely, “dogwifhat” (WIF) and Core were among the big losers of the day.
The global crypto market cap decreased by 2.60% to $2.55 trillion, while the total crypto market volume increased by 42.17% to $106.43 billion from see you yesterday.
Here’s a collective briefing on some of the top cryptos and their prices today, June 8.
Best cryptocurrency prices today
Bitcoin Price
In writing, BTC Price saw a 2% decline in the last 24 hours, reaching $69,487.09. After a substantial breakout above $71,000, the flagship crypto took a bearish turn on the market. Its 24-hour low and high are $68,507.26 and $71,918.97, respectively.
Bitcoin dominance over the past day saw an increase of 0.38%, standing at 53.62%. The market capitalization of the token stood at $1.37 trillion.
Ethereum Price
ETH Price followed the price decline, aligning with the broader market trend today. The token stood at $3,688.51, down 3.09% in the last 24 hours. Its 24-hour lows and highs are $3,604.78 and $3,838.45, respectively.
Solana Price
Simultaneously, the SOL Price noted a decline, sliding 4.49% over the past day to $162.72. The token’s 24-hour low and high were $154.88 and $172.44, respectively.
XRP Price
The digital asset backed by Ripple Labs XRP also fell 4.33% to $0.5002, breaking below the crucial support at $0.52. Its 24-hour low and high are $0.4631 and $0.5275, respectively.
Although XRP is considered a currency for BRICS payment system, the token has followed the broader market movement.
DOGE & SHIB Price
Likewise, the meme coin sector has mimicked today’s price drop, with DOGE plunging 7.88% to $0.1483 and SHIB down 4.39% to $0.00002388.
Top Crypto Gainers Today
Injective (INJ) rose 2.59% to $30.10.
Wormhole (W) continued to gain, jumping 10.23% to $0.7475
Read also: 3 Cathie Wood Stocks to Watch Amid Market Downturn
Top Crypto Losers Today
dog hat (WIF) plunged 17.41% to $2.71.
Core (core) fell 13.63% to $1.70.
dYdX (DYDX) fell 12.87% to $1.88.
Gala (GALA) collapsed 15.03% to $0.03874.
Meanwhile, hourly charts show that BTC and XRP prices have declined while Ethereum and Solana have struggled to gain upward momentum.
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