Ethereum

Cryptocurrency

FTX Token

Bitcoin

Drops

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/crypto-prices-fluctuate-as-bitcoin-drops-to-61000/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Crypto Prices Fluctuate as Bitcoin Drops to $61,000</a><br></p>
<p style="text-align: justify">Cryptocurrency prices ignited speculation among global market watchers today. Bitcoin (BTC) fell to around $61,000, while Ethereum (ETH) , Solana (SOL), and XRP experienced volatile price movements. EigenLayer (EIGEN) and FTX Token (FTT) emerged as the day’s top gainers.</p>
<h2 id="bitcoin-and-ethereum-see-decline">Bitcoin and Ethereum See Decline</h2>
<p style="text-align: justify">The price of BTC stabilized at $61,867, reflecting a nearly 3% drop in the last 24 hours. Meanwhile, Ethereum’s price dipped to $2,491, falling below the $2,500 mark. Both cryptocurrencies set their lowest and highest levels during the day.</p>
<h2 id="other-key-cryptocurrencies-status">Other Key Cryptocurrencies’ Status</h2>
<p style="text-align: justify">Solana (SOL) and XRP recorded increases between 3 to 5% over the last 24 hours. Solana’s price reached $147, while XRP rose to $0.6019. Solana’s market cap stands at $68.94 billion, and XRP’s at $34.01 billion.</p>
<h2 id="overall-market-situation-for-the-day">Overall Market Situation for the Day</h2>
<p style="text-align: justify">The total value of the <a href="https://en.coin-turk.com/crypto-markets-face-key-developments-this-week/" data-wpel-link="internal" rel="noopener noreferrer nofollow"></a><a href="https://en.coin-turk.com/blackrock-achieves-significant-milestone-in-asset-management/" data-wpel-link="internal" rel="noopener noreferrer nofollow">cryptocurrency</a> market decreased by 3.46%, dropping to $2.17 trillion. In contrast, the total market volume saw a significant rise of 44.09%, recorded at $115.97 billion. Bitcoin’s market dominance also increased by 0.4%, reaching 56.31.</p>
<h2 id="rising-and-falling-cryptocurrencies">Rising and Falling Cryptocurrencies</h2>
<p style="text-align: justify">Among the top gainers of the day, FTX Token (FTT) rose by 13%, while EigenLayer (EIGEN) saw a 10% increase. Conversely, the largest losers included Starknet, Injective, and Arweave, each experiencing declines of approximately 14-15%.</p>
<h2 id="volatility-in-meme-coins">Volatility in Meme Coins</h2>
<p style="text-align: justify">Meme coins tracked the general market movements. Dogecoin (DOGE) and <a href="https://en.coin-turk.com/shibariums-notable-success-and-rising-adoption-on-its-third-anniversary/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Shiba</a> Inu (SHIB) lost 8% in value. Other meme coins like PEPE, WIF, and BONK experienced fluctuations ranging from 2-9%.</p>
<p style="text-align: justify">Hourly charts have heightened investors’ concerns regarding cryptocurrency prices. The slight downturns in Bitcoin and Ethereum prices indicate a negative overall market trend.</p>
<p style="text-align: justify">This market fluctuation presents essential indicators that investors should monitor closely. The volatility in the cryptocurrency market encapsulates both opportunities and risks.</p>
<p>The post <a href="https://en.coin-turk.com/crypto-prices-fluctuate-as-bitcoin-drops-to-61000/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Crypto Prices Fluctuate as Bitcoin Drops to $61,000</a> appeared first on <a href="https://en.coin-turk.com" data-wpel-link="internal" rel="noopener noreferrer nofollow">COINTURK NEWS</a>.</p>

Crypto Prices Fluctuate as Bitcoin Drops to $61,000

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