Ethereum

Pepe Coin

Bitcoin

Shiba Inu

Pyth Network

<p style="text-align: justify">You can also read this news on BH NEWS: <a href="https://en.bitcoinhaber.net/bitcoin-and-ethereum-stumble-as-altcoins-and-meme-tokens-also-slide" rel="noopener noreferrer nofollow">Bitcoin and Ethereum Stumble as Altcoins and Meme Tokens Also Slide</a><br></p>
<p style="text-align: justify">A sharp decline in the cryptocurrency market has seen major players like <a href="https://en.bitcoinhaber.net/trader-bob-lukas-predicts-bitcoin-surge-to-74000-by-2025" rel="noopener noreferrer nofollow">Bitcoin</a> and Ethereum lose ground, with Bitcoin receding from its $70,000 peak to $68,000 and Ethereum dipping below $3,900. Other significant cryptocurrencies, including <a href="https://en.bitcoinhaber.net/solana-surpasses-ethereum-in-google-searches-for-the-first-time-in-2023" rel="noopener noreferrer nofollow">Solana</a>, <a href="https://en.bitcoinhaber.net/forecasting-ripples-future-experts-weigh-in-on-xrps-potential-in-2024" rel="noopener noreferrer nofollow">XRP</a>, and Cardano, are also experiencing downturns.</p>
<h2 id="bitcoin-clings-to-68-000-as-ethereum-slips">Bitcoin Clings to $68,000 as Ethereum Slips</h2>
<p style="text-align: justify">Bitcoin, while off its highs, is managing to hover above $68,000. At the time of reporting, it saw a modest drop of 1.50% to $68,508.25, even as its trading activity surged by over 43% to $36.63 billion, maintaining a market cap of $1.34 trillion. Ethereum, the largest altcoin by market cap, isn’t faring as well, suffering a 2.54% loss to $3,854.68, with its market cap standing at $462.93 billion.</p>
<h2 id="altcoin-market-faces-downward-pressure">Altcoin Market Faces Downward Pressure</h2>
<p style="text-align: justify">Other altcoins are feeling the brunt of the negative sentiment. Binance Coin manages to buck the trend, gaining 5.61% to reach $521.25, while Solana’s value declines by 4.05% to $141.35. XRP drops below $0.62, with its current price at $0.61, marking a 2.52% decrease, amid a trading volume increase of almost 12% to $1.76 billion.</p>
<p style="text-align: justify">In the meme token arena, Cardano’s value drops by nearly 3% to $0.7142, despite a rise in trading volume. Dogecoin and Shiba Inu see even larger declines of 5.84% and 7.35%, respectively. Pepe Coin is also hit hard, plummeting by 8.89% to $0.000008381, with its market cap at $3.53 billion.</p>
<p style="text-align: justify">Conversely, the cryptocurrency Pyth Network showcases a remarkable 20% increase, positioning itself among the top gainers for the day, with its value escalating by 19.78% to $0.8291 and trading volume skyrocketing by over 317% to $513.31 million, while achieving an all-time high of $0.8934.</p>
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on BH NEWS: </span> <a href="https://en.bitcoinhaber.net/bitcoin-and-ethereum-stumble-as-altcoins-and-meme-tokens-also-slide" rel="noopener noreferrer nofollow">Bitcoin and Ethereum Stumble as Altcoins and Meme Tokens Also Slide</a></h5>

Bitcoin and Ethereum Stumble as Altcoins and Meme Tokens Also Slide

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