BTC Falls To $58K: Crypto prices today have shown a wide range of price movements, which has fueled speculation among investors throughout the world. Over the last day, the cost of Bitcoin (BTC) fell below $58,000, while Ethereum (ETH), Solana (SOL), and XRP mostly traded in the red zone. Today, the value of all cryptocurrencies fell 2.62 per cent to $2.08 trillion. In addition, the overall volume of the cryptocurrency market increased by 7.37% to $70.11 billion. Here is a quick rundown of today’s price action and market capitalization rankings for some of the most popular cryptocurrencies: 15ugust 15th.
Crypto Prices Today
Bitcoin Price
Today, the price of Bitcoin was at $58,447.66, representing a decrease of 3.99% over the previous twenty-four hours. At the end of the 24 hours, lows of $58,055.93 and highs of $61,687.76 were recorded for the flagship cryptocurrency. A decrease of 0.68% during the previous day brought Bitcoin’s dominance down to 55.57%. As a result of the enormous Bitcoin transactions that have been observed over the past twenty-four hours, this movement waned.
Mt. Gox’s Bitcoin address has moved almost 33,000 BTC to new addresses over the past day. In addition, the United States government eliminated 10,000 Bitcoin from wallets on Silk on August 14; according to data provided by Soso Value, there were outflows of $81.36 million in Bitcoin exchange-traded funds (ETFs), further aligning with the declining price movement. For the day, the total value of the coin’s market cap was $1.15 trillion.
Ethereum Price
The chart of ETH’s price showed that it has decreased by 2.10 per cent today, reaching $2,654.83. The lowest price for Ethereum in the past twenty-four hours was $2,636.33, and the highest cost was $2,775.28. It is important to note that this decreasing movement coincides with the enormous ETH dumps that Jump Trading has been doing. On the other hand, it is essential to point out that Ethereum exchange-traded funds (ETFs) saw net inflows of $10.77 millAugust August 14 14.
Solana Price
Today, the price of the cryptocurrency SOL showed indications of sideways trade, with a slight decrease of 0.25% at the time of publication, dropping to $144.95. The lowest price on the 24-hour chart was $142.72, and the highest was $151.73; these figures were recorded. It is intriguing to note that a Solana whale traded SOL tokens worth $86 million over the previous day, which has caused significant investor concerns.
XRP Price
Concurrently, the price of XRP dropped by 1.29% over the previous day, reaching a current value of $0.5721. Its lowest point, $0.566, and its highest point, $0.5819, were recorded for the 24 hours.
DOGE & SHIB Prices
The price of Dogecoin dropped by 3.04% during the previous day, reaching $0.1207 at the end of the day. In the same period, the cost of Shiba Inu decreased by 1.46%, reaching $0.00001365. It is also important to note that Pepe coin (PEPE), WIF, and BONK experienced a decline of between 2% and 7%.
Crypto Gainers Today
Specific alternative cryptocurrencies currently trading in the green have resisted the overall market trend. In addition to these,
Aave (AAVE) price surged 10.42% to $106.82.
Toncoin (TON) price gained 4.37% to $6.74.
Flare (FLR) price increased by 3.82% to $0.01566.
MANTRA (OM) price jumped 2.64% to $0.9859.
Crypto Losers Today
ORDI price dipped 8.15% to $28.60.
Dogfight (WIF) price fell 6.77% to $1.58.
Immutable (IMX) price saw a pullback of 5.58% to $1.18.
Celestia (TIA) price followed, slipping 5.57% to $5.74.
Read More: Bitcoin (BTC) Falls Despite Strong US Economic Indicators
In addition, the hourly time fame charts highlighted additional volatility, with Bitcoin experiencing a decline of 0.11% and Ethereum experiencing a drop of 0.26%. SOL and XRP had declines of 0.31% and 0.19%, respectively, prompting additional investor concerns about cryptocurrency values.
