Crypto Market Update: Bitcoin Holds Above $72K, Ethereum Surpasses $4K, Unique Gains for Pepe Coin and Toncoin
The latest crypto market movements show a mixed picture, with Bitcoin (BTC) holding steady above $72,000, reaching a peak of over $72,850. Ethereum (ETH) also made significant gains, surpassing the $4,000 mark. Meanwhile, other prominent altcoins like Solana (SOL), XRP, and Cardano (ADA) experienced volatility.
Latest Price Movements
Bitcoin remains above the $72,000 range, with a 0.53% increase, currently trading at $72,181.36 as of the time of writing. Trading volume for BTC decreased by 5.37%, totaling $61.17 billion in the past 24 hours. The market cap for Bitcoin currently stands at $1.41 trillion.
Ethereum saw a modest 0.13% gain, reaching $4,043.54, with a market valuation of $485.51 billion. However, ETH experienced a 6.80% decrease in trading volume, amounting to $2.6 billion in the past 24 hours. Meanwhile, Binance Coin (BNB) showed a slight decline of 0.64%, reaching a price of $537.94. However, the 24-hour trade volume for BNB increased by 9.27% to $4.04 billion.
Solana saw a drop below the $150 level, with a 2.70% decrease, settling at $149.70. In terms of trading volume, SOL experienced a 0.99% increase, reaching $5.67 billion over the past 24 hours. XRP approached the $0.70 level, recording a 0.06% gain, with a current price of $0.6952. However, XRP’s trading volume decreased by 49.81% to $3.62 billion.
Cardano faced a 1.63% decline, with a current price of $0.7511. Additionally, ADA experienced a significant 29.16% decrease in its 24-hour trading volume, amounting to $936.72 million. As for meme coins, Dogecoin dropped by 1.63% to $0.1717, while Shiba Inu declined by 1.09% and is currently trading at $0.00003285.
Pepe Coin (PEPE), a popular meme coin, showed unique gains, surging by 7.18% to $0.000008999. The market valuation for Pepe Coin stands at $3.76 billion, with a 24-hour trading volume decrease of 7.70% to $1.37 billion.
Toncoin (TON), the cryptocurrency launched by Telegram, saw an impressive rally of over 20%, making it the top gainer for two consecutive days. The TON price surged by 20.50% to $4.44, with a trade volume increase of 37.11% to $371.45 million. Toncoin recently reached a high of $4.50 during the rally.