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Bitcoin Declines to $117,000, Days After Record High; Ethereum Drops to $4,400

Bitcoin prices were up by 1.4 per cent, while Ethereum prices were up by 5.07 per cent. Alpine F1 Team Fan Token ALPINE was the most trending cryptocurrency, while Mantle MNT was the top gainer, and Fartcoin FARTCOIN was the top loser

Bitcoin Declines to $117,000

Bitcoin slipped to $117,000 just days after touching its record high of $124,000, while Ethereum dipped to $4,400 on Saturday. At the time of writing, the total crypto market cap saw a marginal down by 1.94 per cent to $3.97 trillion, while the 24-hour trading volume decreased by 32.87 per cent to $180.35 billion.

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Alpine F1 Team Fan Token ALPINE was the most trending cryptocurrency. Its price was up by 45.39 per cent to $2.00, and its 24-hour trading volume was $235.82 million. Elsewhere, Mantle MNT was the top gainer. It was up by 20.16 per cent, and its 24-hour trading volume was 543.54 million. Fartcoin FARTCOIN was the top loser. It was down by 9.12 per cent, while its 24-hour trading volume was $210.61 million.

The DeFi market cap was at $49.01 billion, Coinmarketcap.com reported.

Cryptocurrency Prices

Bitcoin (BTC): Bitcoin prices declined by 1.4 per cent today to $117,506.10, after hitting an all-time high of over $124,000. Its 24-hour trading volume was $65.48 billion. It is currently ranked number 1 on Coinmarketcap, based on market cap. Bitcoin’s market dominance was 62.60 per cent.

Ethereum (ETH): Ethereum prices were down by 5.07 per cent to $4,419.26. Its 24-hour trading volume was 61.21 billion, and its market dominance was 11.08 per cent.

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Tether (USDT): Tether was trading at $1.00, up by 0.03 per cent. Its 24-hour trading volume was $125.94 billion. It is currently ranked third on Coinmarketcap.

Other Altcoins

Solana prices were down by 5.32 per cent to $187.40. Its 24-hour trading volume was $6.84 billion.

Cardano ADA was trading at $0.9653, up by 0.51 per cent. Its 24-hour trading volume was $3.29 billion.

Avalanche AVAX was trading at $23.71, down by 6.78 per cent. Its 24-hour trading volume was $903.84 million.

Decentralised Finance

DeFi Coin was down by 7.37 per cent, and it was trading at $0.002778.

Yearn Finance was down by 1.57 per cent to $5,619.99, with a 24-hour trading volume of $30.04 million.

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