Ethereum

Cryptocurrency

Bitcoin

Drops

<p style="text-align: justify">You can also read this news on BH NEWS: <a href="https://en.bitcoinhaber.net/cryptocurrency-prices-plummet-as-bitcoin-drops" data-wpel-link="internal" rel="noopener noreferrer nofollow">Cryptocurrency Prices Plummet as Bitcoin Drops</a><br></p>
<p style="text-align: justify">In a startling turn of events, cryptocurrency values have dipped significantly, alarming market watchers around the globe. Bitcoin (BTC) saw a sharp decline, trading at approximately $66,000, while leading altcoins like Ethereum (ETH), <a href="https://en.bitcoinhaber.net/smart-investors-target-xrp-and-solana-for-gains" data-wpel-link="internal" rel="noopener noreferrer nofollow">Solana</a> (SOL), and <a href="https://en.bitcoinhaber.net/ripple-ceo-anticipates-rise-in-xrp-etf-applications" data-wpel-link="internal" rel="noopener noreferrer nofollow">XRP</a> fell by 3% to 6%. In the midst of this downturn, the total market capitalization of cryptocurrencies decreased by 2.48%, settling at $2.27 trillion, even as market volume surged by 45.66% to hit $105.01 billion.</p>
<h2 id="what-caused-bitcoin-and-major-coins-to-drop">What Caused Bitcoin and Major Coins to Drop?</h2>
<p style="text-align: justify">Bitcoin’s price experienced a 2% fall, hitting $66,805, with fluctuations noted between a low of $65,521.79 and a high of $68,722.16. Interestingly, Bitcoin’s market dominance has risen to 58.31%, which highlights the struggles faced by altcoins during this period.</p>
<h2 id="how-are-other-major-cryptocurrencies-performing">How Are Other Major Cryptocurrencies Performing?</h2>
<p style="text-align: justify">Ethereum faced a 3% slump, bringing its price down to $2,449, while Solana dropped from $165 to $160.04. XRP also saw a similar decline of 3%, reaching a closing price of $0.5109, with Ethereum’s market cap recorded at $295.12 billion.</p>
<p style="text-align: justify">The <a href="https://en.bitcoinhaber.net/omochi-the-frog-memecoin-captures-attention" data-wpel-link="internal" rel="noopener noreferrer nofollow">memecoin</a> sector is not immune to the volatility either, as Dogecoin (DOGE) decreased by 4% to $0.1337, and Shiba Inu (SHIB) fell by 6% to $0.00001675. Other notable declines include PEPE, WIF, and BONK, which suffered losses of up to 8%.</p>
<ul>
 <li>Bitcoin’s market dominance increased despite its price drop.</li>
 <li>Ethereum’s market cap remains significant at $295.12 billion.</li>
 <li>Memecoins are experiencing notable volatility.</li>
 <li>Some coins like Monero (XMR) and Tether Gold (XAUt) have shown minor gains.</li>
</ul>
<p style="text-align: justify">The latest trading charts hint at a slight recovery for Bitcoin, Ethereum, Solana, and XRP, generating renewed interest among market participants. Continuous monitoring of trends will be essential for making strategic investment choices.</p>
<h5><span style="font-weight:bold;font-size:16px">Continue Reading: </span> <a href="https://en.bitcoinhaber.net/cryptocurrency-prices-plummet-as-bitcoin-drops" data-wpel-link="internal" rel="noopener noreferrer nofollow">Cryptocurrency Prices Plummet as Bitcoin Drops</a></h5>

Cryptocurrency Prices Plummet as Bitcoin Drops

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