Cryptocurrency

Bitcoin Drops to $108,000, Ethereum Under $4,400; Other Altcoins Also Decline

Bitcoin prices were down by 2.75 per cent, while Ethereum prices were down by 2.81 per cent. Bitcoin BTC was the most trending cryptocurrency, while Pump.fun PUMP was the top gainer, and Pyth Network PYTH was the top loser

Bitcoin Drops Below $108,000
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Summary

Summary of this article

  • Bitcoin falls to $108K, Ethereum slides under $4,400 today.

  • Altcoins, including Solana and Avalanche, show moderate declines.

  • Overall cryptocurrency market experiences small decrease in activity.

Summary

Summary of this article

Bitcoin fell to $108,000 on Saturday, reflecting a slight dip in the cryptocurrency market. At the time of writing, the total crypto market cap saw a marginal decrease of 2.50 per cent to $3.77 trillion, while the 24-hour trading volume increased by 25.01 per cent to $200.58 billion.

Bitcoin BTC was the most trending cryptocurrency. Its price was down by 2.75 per cent to $108,388.10, and its 24-hour trading volume was $2.10 billion. Pump.fun PUMP was the top gainer. It was up by 5.38 per cent, while its 24-hour trading volume was $328.95 million. Pyth Network PYTH was the top loser. It was down by 9.76 per cent, while its 24-hour trading volume was $1.58 billion.

The DeFi market cap was at $42.22 billion, Coinmarketcap.com reported.

Cryptocurrency Prices

Bitcoin (BTC): Bitcoin prices decreased by 2.75 per cent today to $108,388.10. Its 24-hour trading volume was $81.66 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 2.81 per cent to $4,350.87. Its 24-hour trading volume was $47.76 billion. Its market dominance was 11.08 per cent.

Tether (USDT): Tether was trading at $1, up by 0.1 per cent. Its 24-hour trading volume was $144.77 billion. It is currently ranked fourth on Coinmarketcap.

Other Altcoins

XRP XRP prices were down by 3.56 per cent to $2.81. Its 24-hour trading volume was $8.34 billion.

Solana SOL prices were down by 5.59 per cent to $204.85. Its 24-hour trading volume was $12.81 billion.

Cardano ADA was trading at $0.8322, down by 1.91 per cent. Its 24-hour trading volume was $1.63 billion.

Avalanche AVAX was trading at $23.57, down by 5.44 per cent. Its 24-hour trading volume was $797.84 million.

Meme Coins

Dogecoin DOGE was down by 1.97 per cent, with a 24-hour price of $0.2168.

Shiba Inu SHIBA was down by 1.81 per cent to $0.00001232.

Decentralised Finance

DeFi Coin was down by 11.56 per cent, trading at $0.002249.

Yearn Finance was down by 1.97 per cent to $5,339.90, with a 24-hour trading volume of $18.23 million.

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