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The leading cryptocurrency Bitcoin (BTC) intensified its losses as its price fell to the $65,000 level. The price of Ethereum (ETH) dropped below the $3,300 mark. In addition, other major altcoins such as XRP, Cardano (ADA), and Solana (SOL) also experienced significant declines. Here is the latest situation in the cryptocurrency markets over the past 24 hours!
Current State of BTC and Altcoins
As of Thursday, April 4, the price of Bitcoin reached $65,441.33, a decrease of 1.03%. On the other hand, the trading volume in the last 24 hours decreased by 33.23%, falling to $31.32 billion. Additionally, the market value of the cryptocurrency is $1.28 trillion. When considering Altcoins, the price of Ethereum decreased by 0.78% to $3,284.74, and its market value is at $394.55 billion.
The trading volume of ETH also fell by 27.98%, reaching $14.90 billion. Meanwhile, Binance Coin (BNB) defied the downward trend and increased by 3.77%, reaching $577.48. Conversely, its 24-hour trading volume decreased by 3.67%, falling to $2.26 billion. The price of Solana once again dropped below the $190 level. The price of Solana settled at $182.11, a 3.34% decrease. Also, SOL’s trading volume decreased by 15.94% in the last 24 hours, reaching $3.81 billion.
Decline in Meme Tokens
The price of XRP also fell below the $0.59 level. XRP’s price recorded a 1.94% decrease, reaching $0.5879. On the other hand, XRP’s trading volume decreased by 5.83%, falling to $2.00 billion. Furthermore, the price of Cardano today decreased by 2.72%, falling to $0.5706. ADA, recorded a 26.08% decrease in 24-hour trading volume, settling at $466.28 million.
While the prices of the largest cryptocurrencies were falling today, the meme token ecosystem followed a similar pattern. Dogecoin price fell by 5.94% to $0.1743, while its rival Shiba Inu traded at $0.00002616, a 3.60% decrease. The Solana-based meme token Pepe Coin (PEPE) lost significant value today. At the time of writing, Pepe’s price fell by 6.63% to $0.00000679, and its market value was $3.08 billion. Additionally, PEPE’s 24-hour trading volume decreased by 25.35%, falling to $609.78 million.
