Cryptocurrency Price Movements and Market Analysis – June 13
The crypto market today showcased a rollercoaster of price movements, with Bitcoin (BTC) and Ethereum (ETH) struggling to maintain stability amidst market volatility. While BTC lost its gains from yesterday to trade back at $67,000, ETH also saw fluctuations near the $3,500 level. However, altcoins like Solana (SOL), XRP, and Dogecoin (DOGE) experienced significant gains, with AI coins such as Render (RNDR), Near protocol (NEAR), and Injective (INJ) emerging as top gainers.
The global crypto market cap rose by 1.49% to $2.48 trillion, while the total market volume fell by 2.86% to $87.7 billion over the past day.
Bitcoin’s price dropped by 0.19% to $67,263.78, with its dominance at 54.19% and a market cap of $1.32 trillion. Ethereum slipped by 0.08% to $3,502, boasting a market cap of $420.72 billion. Solana’s price gained 1.23% to $151.56, XRP rose by 0.92% to $0.486, and Dogecoin surged by 3.05% to $0.143, while Shiba Inu fell by 1.22% to $0.00002161.
Among the top gainers, AI coins like Injective (INJ) rallied by 11.01% to $30.11, while other altcoins like Fetch.ai (FET), Livepeer (LPT), Notcoin (NOT), and Render (RNDR) also saw significant price increases.
On the other hand, Akash Network (AKT), Floki Inu (FLOKI), ORDI, and Wormhole (W) were among the top losers today, experiencing price corrections.
Overall, the crypto market displayed mixed price actions, with some coins surging while others faced losses. Investors are closely monitoring these fluctuations to make informed decisions in the volatile market.