Cryptocurrency

Bitcoin Falls to $111,200, Ethereum Slides Below $4,500 as Crypto Market Cap Declines

Bitcoin prices were down by 1.36 per cent, while Ethereum prices were down by 2.07 per cent. Pyth Network was the most trending as well as the top gainer cryptocurrency, while Cronos CRO was the top loser

Bitcoin Falls to $111,200
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Summary

Summary of this article

  • Bitcoin down 1.36 per cent, Ethereum down 2.07 per cent.

  • Pyth Network up 91.93 per cent, Cronos CRO down 12.90 per cent.

  • Total crypto market cap down 1.17 per cent to $3.86 trillion.

Both Bitcoin and Ethereum saw a decline in their prices as the cryptocurrency market faced slight dips on Friday. At the time of writing, the total crypto market cap saw a marginal decrease of 1.17 per cent to $3.86 trillion, while the 24-hour trading volume decreased by 7.23 per cent to $161 billion.

Pyth Network PYTH was the most trending cryptocurrency as well as top gainer. Its price was up by 91.93 per cent to $0.2265, and its 24-hour trading volume was $2.10 billion. Cronos CRO was the top loser. It was down by 12.90 per cent, while its 24-hour trading volume was $1.78 billion.

CoinSwitch Markets Desk said, “Bitcoin slipped from highs near $113,300 to below $112,000. An early push upward lost steam, with repeated rejections around $113,300 triggering a steady decline. The drop under $112,000 confirms that sellers remain in control, with $111,500 as immediate support. A swift recovery above $112,500–113,000 is needed to stabilise. Bitcoin exchange-traded funds (ETFs) recorded $115 million in inflows, marking the fourth consecutive day of inflows.”

Cryptocurrency Prices

Bitcoin (BTC): Bitcoin prices decreased by 1.36 per cent today to $111,186.40. Its 24-hour trading volume was $57.26 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 2.07 per cent to $4,477.16. Its 24-hour trading volume was $36.41 billion. Its market dominance was 11.08 per cent.

Tether (USDT): Tether was trading at $1.00, up by 0.12 per cent. Its 24-hour trading volume was $106.44 billion. It is currently ranked fourth on Coinmarketcap.

Other Altcoins

XRP prices were down by 2.82 per cent to $2.91. Its 24-hour trading volume was $6.02 billion.

Solana SOL prices were down by 2.16 per cent to $215.59. Its 24-hour trading volume was $12.56 billion.

Cardano ADA was trading at $0.8461, down by 2.74 per cent. Its 24-hour trading volume was $1.23 billion.

Avalanche AVAX was trading at $24.69, down by 10.51 per cent. Its 24-hour trading volume was $864.95 million.

Meme Coins

Dogecoin DOGE was down by 1.32 per cent, with a 24-hour price of $0.2203.

Shiba Inu SHIBA was down by 0.78 per cent to $0.00001252.

Decentralised Finance

DeFi Coin was up by 0.42 per cent, trading at $0.002522.

Yearn Finance was down by 1.67 per cent to $5,520.31, with a 24-hour trading volume of $18.04 million.

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