Ethereum

Cryptocurrency

Bitcoin

Shiba Inu

Status

You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/cryptocurrency-market-faces-high-volatility-on-august-10/" data-wpel-link="internal">Cryptocurrency Market Faces High Volatility on August 10</a> 
The <a href="https://en.coin-turk.com/how-does-stellar-xlm-work/" data-wpel-link="internal">cryptocurrency market</a> faced high volatility on August 10, with Bitcoin’s (BTC) price pausing at $60,000. Ethereum (ETH), Solana (SOL), and XRP, among other major altcoins, traded in the red zone, paralleling the market trend. This fluctuation caused a 1.84% drop in the total market value of the cryptocurrency market, bringing it down to $2.11 trillion. At the same time, the total cryptocurrency trading volume also fell by 23.36%, recording $70.18 billion. 
<h2 style="text-align: justify" id="strong-current-status-of-bitcoin-s-price-strong">Current Status of Bitcoin’s Price</h2> 
Bitcoin lost 1.46% of its value in the last 24 hours, trading at $60,512. The intraday lowest and highest levels were $59,587 and $61,464, respectively. 
<img loading="lazy" loading="lazy" decoding="async" class="aligncenter size-full wp-image-378554" src="https://coin-turk.com/wp-content/uploads/2024/08/Bitcoin-6.png" alt="" width="1224" height="726"> 
Bitcoin’s market dominance rose to 56.48%, showing a 0.09% increase. Additionally, the Open Interest (OI) in Bitcoin futures increased by 1.78%, reaching $28.18 billion. On the last trading day of the week, spot Bitcoin ETFs saw an outflow of $89.73 million, reflecting the weakness in price movement. 
<h2 style="text-align: justify" id="strong-current-status-of-altcoins-strong">Current Status of Altcoins</h2> 
The altcoin king Ethereum dropped by 3.27% in the last 24 hours, trading at $2,604. ETH’s intraday lowest and highest levels were $2,555 and $2,706, respectively. This drop in Ethereum followed significant sales by large ETH <a href="https://finance.coin-turk.com/" data-wpel-link="exclude">investors</a> on Coinbase and Kraken exchanges. Ethereum’s market value stands at $313.1 billion. 
Solana lost 3% of its value, trading at $154.20, with intraday lowest and highest levels recorded at $151.23 and $159.57. The increasing interest in spot Solana ETFs in the US highlights the need for regulatory easing. 
XRP dropped by 4.09%, trading at $0.5912. XRP’s intraday lowest and highest levels were $0.569 and $0.6164, respectively. 
The largest memecoin Dogecoin (DOGE) fell by 2.01%, trading at $0.1038, while the popular memecoin Shiba Inu (SHIB) dropped by 0.97%, trading at $0.00001397. Other memecoins like PEPE, WIF, and BONK lost between 3% and 4% of their value. 
The top gainers of the day include Helium (HNT) with a 15.15% rise, trading at $6.79, Cronos (CRO) with a 13.15% rise, trading at $0.09441, Zcash (ZEC) with a 12.56% rise, trading at $41.06, and Toncoin (TON) with an 8.51% rise, trading at $6.70. 
Conversely, the top losers of the day include Popcat (POPCAT) with a 9.27% drop, trading at $0.573, Brett (BRETT) with a 5.81% drop, trading at $0.09837, and Render (RENDER) with a 4.74% drop, trading at $4.80. 
<h5>The post first appeared on COINTURK NEWS: <a href="https://en.coin-turk.com/cryptocurrency-market-faces-high-volatility-on-august-10/" data-wpel-link="internal">Cryptocurrency Market Faces High Volatility on August 10</a></h5>
The post <a href="https://en.coin-turk.com/cryptocurrency-market-faces-high-volatility-on-august-10/" data-wpel-link="internal">Cryptocurrency Market Faces High Volatility on August 10</a> appeared first on <a href="https://en.coin-turk.com" data-wpel-link="internal">COINTURK NEWS</a>.

Cryptocurrency Market Faces High Volatility on August 10

Table of Contents

COINTURK NEWS

Other articles published on Aug 10, 2024

“WazirX abandoned investors, betrayal cuts deep”, Victims speak exclusively to Crypto Times

Here’s How Much Your $1,000 Will Be If PENDLE, Ondo Finance, And ETFSwap Hit $10

2024’s Best Crypto Presale Projects: Why Web3 Gaming and Beyond Are Worth Your Attention?

BlastUP Burns 30% of $BLASTUP Supply, Value Soars Before TGE—Is the Next 100X Gem Here?

Celsius Network Files $2.4 Billion Lawsuit Against Tether Over Bitcoin Liquidation

Analytics Firm Assesses the Recovery in Bitcoin and Ethereum: What Do They Expect Next?

Join our free newsletter for daily crypto updates!