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Bitcoin (BTC) Price Encounters Market Volatility, Rests at $60K; Ethereum (ETH), Solana (SOL), and XRP Prices Follow Suit

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2024-08-10 15:13:25689browse

Crypto prices today: Bitcoin's (BTC) price encountered significant market volatility, resting at the $60K price mark. Ethereum (ETH), Solana (SOL), and XRP prices followed the broader market trend, trading in the red territory.

Bitcoin (BTC) Price Encounters Market Volatility, Rests at K; Ethereum (ETH), Solana (SOL), and XRP Prices Follow Suit

Crypto prices today: Bitcoin’s (BTC) price encountered significant market volatility, resting at the $60K price mark. Ethereum (ETH), Solana (SOL), and XRP prices followed the broader market trend, trading in the red territory.

The global crypto market cap witnessed a 1.84% decline in value to $2.11 trillion. Further, the total crypto market volume dipped 23.36% to $70.18 billion.

Here’s a brief overview of some of the highest-ranking cryptocurrencies by market cap and their price run today, August 10.

Crypto Prices Today

Bitcoin Price

The BTC price chart illustrated a 1.46% decline in the past 24 hours and is currently trading at $60,512. The flagship crypto’s 24-hour bottoms and tops were $59,587.86 and $61,464.51, respectively.

Bitcoin’s dominance saw a 0.09% upswing to 56.48% today. Also, the coin’s futures OI increased 1.78% over the past day to $28.18 billion.

However, Bitcoin ETFs recorded $89.73 million in outflows, per data by Soso Value, aligning with today’s waning price movement.

Ethereum Price

Meanwhile, the ETH price chart illustrated a fall of 3.27% in the past 24 hours to finally rest at $2,604.85. Its 24-hour bottoms and peaks were registered to be $2,555.23 and $2,706.45, respectively.

Ethereum’s waning price movement falls in line with a couple of massive ETH whale dumps to Coinbase and Kraken, per data by Whale Alert. ETH’s market cap stood at $313.1 billion today.

Solana Price

The SOL price witnessed a 3% dip in value to reach $154.20 as of writing. The crypto’s 24-hour bottoms and tops were recorded as $151.23 and $159.57, respectively.

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