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Crypto Prices Today (September 7): BTC, ETH, SOL, & XRP Prices Tank

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2024-09-07 15:16:13888browse

The broader market witnessed a price crash as U.S. jobs data and recession fears sparked volatility. Bitcoin (BTC) price sunk to the $53k level over the past day

Crypto Prices Today (September 7): BTC, ETH, SOL, & XRP Prices Tank

Major cryptocurrencies opened the day in the red on Friday as U.S. nonfarm payroll data raised concerns among market watchers. The latest data shows that the U.S. added lesser jobs than Wall Street anticipated. Moreover, the unemployment rate remained unchanged at 4.2%. This data echoed market concerns, with even the S&P 500 falling nearly 2% today following the jobs data release.

Simultaneously, the crypto market crashed in sync with broader market events. Bitcoin price today plunged slightly over 5% and is currently trading at $53,834. Notably, the major crypto prices today witnessed a price crash as U.S. nonfarm payroll data sparked concerns. Here’s a brief collection of some of the top cryptocurrencies by market cap and their price movements today, September 7.

Crypto Prices Today: BTC, ETH, SOL, & XRP Prices Tank

Top cryptocurrencies opened the day in the red on Friday as U.S. nonfarm payroll data raised concerns. Here’s a brief collection of some of the top cryptocurrencies by market cap and their price movements today.

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Top Crypto Gainers Prices Today

A few coins defied the broader market trend today, trading in the red territory.

Starknet (STRK) price surged nearly 5% in the past 24 hours and is currently trading at $0.4151.

Sui (SUI) price gained nearly 1% and is currently trading at $0.8381.

Bonk (BONK) price jumped 0.65% in the past 24 hours and is currently trading at $0.00001500.

Top Crypto Losers Prices Today

Lido DAO (LDO) price dipped nearly 7% over the past day to trade at $0.9165.

dYdX (DYDX) price cracked 6% to trade at $0.8277.

It’s also worth mentioning that DOGE and PEPE emerged among the day’s top losers. Pepe coin price tanked 6% to rest at $0.000006693 today.

However, hourly time frame charts sparked investor curiosity over the crypto prices today. BTC price gained 0.03%, whereas ETH price gained 0.28%, fueling speculations globally.

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