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Crypto Prices Today: BTC, ETH, XRP, SOL Down Major
Cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), XRP, and Solana (SOL) saw sharp declines during the market crash. The fall in crypto prices today impacted these coins significantly. However, on a positive note, Ripple CEO Brad Garlinghouse met with former U.S. President Donald Trump at Mar-a-Lago, signaling potential future discussions on regulatory clarity.
Bitcoin Prices Today
Bitcoin price was trading at $96,633, with approximately 5% down in the last 24 hours. Its 24-hour low and high were $96,121 and $102,017, respectively. As per SoSo Value data, BTC ETFs have seen an outflow of $543 million, with Ark & 21Shares selling $212 million worth of ETFs, Grayscale selling $125 million, and Bitwise selling $113 million.
Ethereum Price Today
Ethereum (ETH) price today was trading at $3,383, reflecting an 8% drop in the last 24 hours. The 24-hour low and high were $3,357 and $3,687, respectively. The ETH ETF experienced an outflow of $86 million, with Fidelity selling $67 million of the ETF. BlackRock’s data is still awaited.
Solana Price Today
Solana (SOL) price today was $199, with an 8% drop in the last 24 hours. The 24-hour low and high were $198 and $217, respectively. Toronto’s Sol Strategies announced a CAD $25 million investment in Solana’s blockchain ecosystem.
XRP Price Today
XRP was down by approximately 3% in the last 24 hours. Its 24-hour low and high were $2.27 and $2.46, respectively. XRP’s market cap was at $134 billion.
Top Crypto Gainers Prices Today
Bitget Token
Bitget Token (BGB) was the only coin in the top 100 to be in the green in the last 24 hours. BGB price was trading at $6.52, showing an approximate 6% increase. Its 24-hour low and high were $6.21 and $6.64, respectively.
Top Crypto Losers Prices Today
Hyperliquid
HYPE was the worst performer today, down by 15% in the last 24 hours. Its 24-hour low and high were $21.95 and $26.29. Crypto prices today reflected this decline, with HYPE’s market cap at $7.31 billion and trading volume at $1.92 billion.
dYdX
dydx price was down by 13% and was trading at $1.40. Its 24-hour low and high were $1.397 and $1.635, respectively.
Conclusion
In conclusion, the cryptocurrency market experienced a significant decline, with major coins like Bitcoin, Ethereum, XRP, and Solana seeing sharp drops. However, there were some exceptions, such as Bitget Token, which saw a 6% increase.
FAQs
Q: What happened to the cryptocurrency market?
A: The cryptocurrency market experienced a significant decline, with major coins like Bitcoin, Ethereum, XRP, and Solana seeing sharp drops.
Q: What caused the decline?
A: The decline was attributed to a significant rise in U.S. Treasury yields over the past decade and a report from the Institute for Supply Management (ISM) showing the December Purchasing Managers’ Index (PMI) for the private sector reaching 54.1, up from November’s 52.1.
Q: Are there any exceptions to the decline?
A: Yes, Bitget Token (BGB) was the only coin in the top 100 to be in the green in the last 24 hours, with a 6% increase.
Q: What is the market cap of XRP?
A: XRP’s market cap is at $134 billion.
Q: What is the market cap of HYPE?
A: HYPE’s market cap is at $7.31 billion.
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