Bitcoin and Ethereum Stumble as Altcoins and Meme Tokens Also Slide
Release: 2024/03/11 14:34 Reading: 251
You can also read this news on BH NEWS: Bitcoin and Ethereum Stumble as Altcoins and Meme Tokens Also Slide
A sharp decline in the cryptocurrency market has seen major players like Bitcoin and Ethereum lose ground, with Bitcoin receding from its $70,000 peak to $68,000 and Ethereum dipping below $3,900. Other significant cryptocurrencies, including Solana, XRP, and Cardano, are also experiencing downturns.
Bitcoin Clings to $68,000 as Ethereum Slips
Bitcoin, while off its highs, is managing to hover above $68,000. At the time of reporting, it saw a modest drop of 1.50% to $68,508.25, even as its trading activity surged by over 43% to $36.63 billion, maintaining a market cap of $1.34 trillion. Ethereum, the largest altcoin by market cap, isn’t faring as well, suffering a 2.54% loss to $3,854.68, with its market cap standing at $462.93 billion.
Altcoin Market Faces Downward Pressure
Other altcoins are feeling the brunt of the negative sentiment. Binance Coin manages to buck the trend, gaining 5.61% to reach $521.25, while Solana’s value declines by 4.05% to $141.35. XRP drops below $0.62, with its current price at $0.61, marking a 2.52% decrease, amid a trading volume increase of almost 12% to $1.76 billion.
In the meme token arena, Cardano’s value drops by nearly 3% to $0.7142, despite a rise in trading volume. Dogecoin and Shiba Inu see even larger declines of 5.84% and 7.35%, respectively. Pepe Coin is also hit hard, plummeting by 8.89% to $0.000008381, with its market cap at $3.53 billion.
Conversely, the cryptocurrency Pyth Network showcases a remarkable 20% increase, positioning itself among the top gainers for the day, with its value escalating by 19.78% to $0.8291 and trading volume skyrocketing by over 317% to $513.31 million, while achieving an all-time high of $0.8934.
The post first appeared on BH NEWS: Bitcoin and Ethereum Stumble as Altcoins and Meme Tokens Also Slide
Recent news
More>- DOGE and SOL Lead Crypto’s Bullish Trend With Record Gains 11-25
- PEPE Faces Crucial Resistance Amid Price Stagnation 11-25
- Solana Memecoin Bullish Pepe to Skyrocket 18,000% Before Exchange Listing, As Bonk and SHIB Drop 11-25
- President Donald (PRESDON) Will Explode Over 15,000% Before Exchange Listings, While Shiba Inu and Dogecoin Lag 11-24
- Dogecoin Price Prediction for Today, November 23 – DOGE Technical Analysis 11-24
- Dogecoin Price Prediction for Today, November 23 – DOGE Technical Analysis 11-24
- Dogecoin (DOGE) Surges 19% as Hash Rate Hits Record High 11-24
- Solana Hits New ATH, As Pepe Surges 30% Amid Bull Market, Crypto Traders Eye New Meme Coin Going Viral After Video Release 11-24
- Dogecoin (DOGE) Bullish Streak is Awakening Shiba Inu (SHIB) Bulls: What’s Next? 11-24
Selected Topics
More>>-
- pepecoin Price Analysis
- This topic provides articles related to PepeCoin price, covering key PepeCoin insights and analysis
-
- pepe:meme star
- This topic provides articles related to the most promising meme, PEPECOIN, a project with the potential to become a mainstream digital currency. It has the advantages of decentralization, reliability, ease of use, fast speed, low cost and scalability, and is expected to be more widely used in the future
-
- pepecoin price prediction
- We’ve gathered facts about pepecoin’s success story and provided a pepecoin price prediction
Selected Articles
More>>- 1 Avalanche and Aptos rival raises over $600k in 2 weeks
- 2 Crypto Prices Today: Market Continues Rally With BTC, Pepe Coin, SEI Rising
- 3 Major Analyst Crypto Tony Bullish on These Meme Coins, But One Stands Out
- 4 MTAUR Ready to Crush DOGE and PEPE: 100x Price Growth Incoming?
- 5 Memecoins Surge in 2024, Popcat Leads with 7,621% YTD Gain, Outshining Top Crypto Tokens
- 6 PEPE Meme Coin Smashes ATH – See How Much an $83 Investment in Pepe Coin Last Year is Worth Now
- 7 Top 4 Altcoins At 70% Discounts – Last Chance!
- 8 Dogecoin Creator Proposes DOGE to NBA Legend Scottie Pippen
- 9 Top Analyst Who Predicted Dogecoin (DOGE) Last 170x Rally Forecasts New Parabolic Rise, Here’s His Price Target
- 10 New Solana Memecoin Trump Loves Elon to Rally 15,000% Before Exchange Listing, SHIB and Bonk Crash
ABOUT US
We are building the most influential，trusted information platform for aglobal community engaged in thd transformation of the financial system andthe emerging crypto economy.PEPE is an integrated platform for media,events,data & indices for the next generation fo investing and the future of money.
Get in touch with the PEPE team at admin@pepecoinbuy.com