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BTC recovers to $66,942.81 in spite of a 0.25% drop amid market volatility.
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XRP maintains its $0.6013 price with a surge of 24% in trading volume.
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Ether ETF launch anticipation boosts ETH’s gains by 1.44%, to $3,530.67.
The cryptocurrency market has experienced a modest correction over the past 24 hours, despite the Fear and Greed Index reading 63. This correction caused a 1.24% drop in the total market cap, which is now $2.42 trillion.
XRP and ETH, despite the volatility, managed to maintain their $0.60 and $3.500 price levels.
BTC and SOL Prices Fluctuate
Bitcoin (BTC), which opened today at $67.110, soon experienced a slight correction in the market, causing it to fall to a low of $66,333. BTC’s slight rebound as the market stabilized aimed to retest $67,000.
CoinMarketCap
BTC was trading at $66,942.81 at the time of publication, a 0.25% drop over the past 24 hours. BTC’s total market capitalization also fell to $1.32 billion, but its trading volume grew by 47.41%, to $43.94billion, indicating that trading activity was still high despite the price decline. The overall trend of the BTC market is positive.
SOL, the stock of Solana, also experienced an early bullish trend. Its price reached an intraday high at $183.05. SOL’s price fell to a low of $173.93 intraday after a subsequent dip.
CoinMarketCap
SOL’s price was $176.86 as of this publication. This represents a 0.59% decline over the last 24 hours. SOL’s trading volume decreased by 17.95%, totaling $2.85 Billion, and its market cap was $82.152 Billion.
XRP and Ethereum Show Resilience
XRP is not to be outdone. It has shown resilience in the face of market volatility. XRP’s price has remained stable at $0.6013 over the past 24 hours. The only change was a slight 0.05%.
CoinMarketCap
XRP’s trading volume has risen by 24%, to $2.03 Billion, despite the broader market corrections. This positive price movement suggests that XRP could soon break through its intraday support at the $0.62 level.
ETH, the Ethereum token, was also subject to significant volatility. It frequently tested the $3,430 level of support. Despite these fluctuations ETH has maintained a positive momentum, trading at $3.530.67. This represents a 1.44% gain over the last 24 hours.
CoinMarketCap
This positive movement can be attributed to the anticipation around today’s Ether ETF, which has strengthened investor trust. ETH’s current market cap is $424.49 Billion, and its trading volume has increased by 33.95%. Market analysts believe this optimism could propel ETH into new heights and potentially surpass the $4,000 mark.
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