Bitcoin Plummets To $55K, ETH, SOL, and XRP Tank 5%-8% – Crypto News – Crypto News
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Crypto Prices Today March 11: Bitcoin Drops To $68K, Ethereum At $3,800, SOL, XRP, PEPE Dip Crypto Prices Today March 11: Bitcoin Drops To $68K, Ethereum At $3,800, SOL, XRP, PEPE Dip

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Bitcoin Plummets To $55K, ETH, SOL, and XRP Tank 5%-8% – Crypto News

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The crypto prices today have regained a bearish market momentum after substantial gains witnessed in recent days. Bitcoin (BTC) cracked to rest at the $55K price mark, whereas Ethereum (ETH), Solana (SOL), XRP, and the broader market mirrored a waning price action.

The global crypto market cap saw a 5.19% plunge to $2.01 trillion today. However, the total crypto market volume increased 17.71% from yesterday to $64.19 billion, stirring a whirlpool of speculations.

Here’s a brief report on some of the top cryptocurrencies and their price movements today, July 8.

Top Crypto Prices Today

Bitcoin Price

BTC price tanked 4.99% in the past 24 hours to rest at $55,122.17. The token’s 24-hour bottoms and highs were $54,321.02 and $57,971.83, respectively.

Bitcoin’s dominance saw a 0.07% jump to 53.85% today, underscoring the altcoin sector’s sluggish performance. The flagship crypto’s market cap rested at $1.09 trillion while writing.

Notably, amid this dip, Japan’s Metaplanet has bagged additional amounts of BTC, glimmering hope for future price movements

BTC Price July 8

Ethereum Price

Meanwhile, the ETH price chart showed signs of a pullback, falling 5.62% to $2,880.37 today. Its 24-hour lows and tops were $2,826.48 and $3,051.20, respectively.

It’s worth noting that the anticipation of bolstered price movements builds up as spot ETH ETFs remain poised to launch shortly.

ETH price July 8ETH price July 8

Solana Price

The crypto SOL saw a considerable 7.97% dip in value to $130.79. Solana’s 24-hour lows and highs were $128.56 and $142.12, respectively, underscoring a highly volatile movement.

Crypto SOL price July 8Crypto SOL price July 8

Crypto XRP Price

Simultaneously, the XRP price plunged 6.50% to $0.415 over the past day. Its 24-hour slumps and peaks were $0.4047 and $0.4448, respectively.

Crypto XRP price July 8Crypto XRP price July 8

DOGE & SHIB Prices

Dogecoin’s price saw an 8.75% fall to trade at $0.1021 today. Shiba Inu’s price dropped 8.70% to $0.00001547, aligning with the broader market trend.

Even the crypto PEPE, FLOKI, and BONK prices dipped 9%-14% at press time.

Intriguingly, this bearish market trend has made sure that there are no top gainers for the day. Meanwhile, the top losers are as follows.

Also Read: Peter Schiff Claims Bitcoin Whales Set Up ETF Investors As “Bag Holders”

Top Crypto Losers Today

Brett (BRETT) price slumped 15.36% to $0.1073.
Pepe coin (PEPE) price dipped 14% to $0.000008213.
dogwifhat (WIF) price fell 13.48% to $1.60.
Jupiter’s (JUP) price saw a 12.03% decline to $0.6793.

Further, hourly time frame charts indicated that BTC and ETH noted slight gains, with a majority of the tokens following this movement. Crypto market enthusiasts continue extensively eyeing the tokens for further price action shifts.

Also Read: 98% Of Altcoins Topped Market Cycle, Bitcoin In Transition: Andrew Kang

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CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.

The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.

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