Over the past day, Ethereum (ETH), Solana (SOL), and Ripple (XRP) have all experienced a decline in their prices. In contrast, Bitcoin (BTC) managed to stay above the $71,000 mark, while Toncoin (TON) emerged as one of the top performers of the day.
The global cryptocurrency market took a hit, dropping by 1.05% to $2.62 trillion, alongside a 9.09% decrease in total market volume to $74.9 billion. This downward trend affected the prices of most cryptocurrencies. Stay updated on the latest financial and business news by visiting COINTURK FINANCE.
Bitcoin briefly dipped to $70,000 today after breaking above $71,000. This movement coincided with a $132.2 million outflow from Bitcoin ETFs on June 6, according to Farside Investors data. Despite this, Bitcoin managed to rise by 0.22% over the past day, reclaiming the $71,000 level and reaching $71,142.90.
The range for BTC’s price in the last 24 hours was between $70,119.12 and $71,625.74. Bitcoin’s dominance also saw a slight increase of 0.21% to 53.24%. On the other hand, Ethereum saw a 1.57% drop in price to $3,804.81, with lows and highs of $3,761.78 and $3,865.93, respectively. Despite a surge in daily active users after ETF approval, Ethereum has yet to see significant price gains.
In the altcoin market, SOL dropped by 2.02% to $170.47 after briefly surpassing $170. Meanwhile, Ripple fell by 0.68% to $0.5223, following the overall market trend. Dogecoin (DOGE) fell by 1.01% to $0.1609, while Shiba Inu (SHIB) dropped by 2.99% to $0.00002511. Meme tokens like PEPE, WIF, and BONK saw a 5-6% decline, while FLOKI showed a 0.93% increase.
Investors should be cautious as cryptocurrency prices remain volatile. Conduct your own research before making any investment decisions. Stay informed by following our news on Telegram, Facebook, Twitter, and Coinmarketcap.
Disclaimer: The information provided in this article is not investment advice. Cryptocurrencies are highly volatile and risky assets, so investors should proceed with caution.
