Crypto Prices Today: Bitcoin, Ethereum, Solana, Pepe Coin Rebound As PYTH Leads Rally
The crypto market experienced a rebound today, with major cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), Solana, and Pepe Coin all seeing gains. Bitcoin surpassed the $43,000 mark once again, while Ethereum reached the $2,300 level but struggled to maintain it. XRP also saw an increase, crossing the $0.50 mark during the session.
Bitcoin’s price saw a 2.66% increase, settling at $43,012.93, with a trading volume of $19.77 billion in the last 24 hours. Its market cap reached $843.44 billion. Ethereum’s price was up by 1.62% to $2,299.22, with a market valuation of $276.32 billion. However, its trade volume dropped by 27.03% to $8.05 billion. Binance Coin (BNB) gained 1.12% in value, reaching $302.19, but its 24-hour trade volume decreased by 14.32% to $719.57 million.
Solana saw a rally of 5.43%, reaching $99.07, but its trade volume declined by 33.76% to $2.58 billion. XRP rebounded significantly with a gain of 1.73% and a price of $0.5064. However, its trading volume dropped by 32.65% to $906.28 million. Cardano’s price increased by 3.22% to $0.5068, but its 24-hour trading volume slipped by 27.49% to $343.71 million.
In the meme coin space, Dogecoin increased by 1.38% to $0.07983, while Shiba Inu registered a 1.46% hike and traded at $0.000009036.
Pepe Coin, a trending meme coin, rebounded with a 1.15% increase to $0.0000009261 and a market valuation of $389.16 million. However, its 24-hour trade volume dropped by 47.59% to $52.01 million.
The Pyth Network (PYTH), part of the Solana Ecosystem, emerged as the top gainer today with a 22.82% increase to $0.4879. Its trade volume also surged by 41.85% to $130.46 million. FTX Token (FTT) from the embattled crypto firm FTX experienced a surge of 21.74% to $2.02. However, its trade volume decreased by 39.01% to $95.22 million.
Overall, the crypto market showed signs of recovery today, with several cryptocurrencies experiencing notable gains.