Crypto Market Today
v BTC and Altcoins slip after showing signs of recovery recently.
v Meme coin sector takes heat in tandem with the broader market trend.
v However, Melania meme coin defied the broader trend and emerged as the day's top gainer.
v The crypto market on Wednesday again illustrated a volatile movement after showing signs of recovery recently. Bitcoin (BTC) price slipped back to the $9K level over the past day, whereas altcoins like Ethereum (ETH), Solana (SOL), and XRP have mainly mimicked a waning movement. However, MELANIA meme coin defied the broader market trend, trading dominantly in the green zone.
Crypto Market Unstable Sparks ;
v Despite Trump’s new tariffs being paused and the broader market showing signs of recovery yesterday, a highly volatile movement kicked in on TODAY. Cryptocurrency prices mainly dropped, with the global market cap further shrinking by 2.84% to $3.22 trillion. Also, the total market volume declined 24.46% .
Bitcoin Price Fluxes Near The $97K Level;
v At the time of reporting, BTC price lost nearly 3% in value and exchanged hands at $97,054. The flagship coin’s yesterday low and high were $96,208.11 and $100,826.91, respectively. Notably, the current waning action aligns with BTC recording $123.44 million worth of liquidations intraday.
Ethereum Price Fissure Over 2%
v ETH price mimicked a waning action in tandem with the broader crypto market trend, down slightly over 3% to $2,721. The coin’s intraday bottom and peak were $2,636.17 and $2,869.51.
XRP Price tumble 5%
v Further, the Ripple Labs-backed cryptocurrency witnessed an alarming 7% fall over the past day, reaching $2.51. The coin’s DAY Before DAY low and high were $2.44 and $2.73.
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