Today, traders experienced a tumultuous day in the global cryptocurrency markets. Bitcoin (BTC) 
$88,445 continues to trade around the $87,000 mark, while Ethereum (ETH) 
$3,112 and Solana 
$212 (SOL) have seen price declines. Overall, the market experienced losses, with the total global cryptocurrency market capitalization decreasing by 0.52% to $2.93 trillion. However, total crypto trading volume increased by 6.52%, reaching $318.44 billion.
Status of Major Cryptocurrencies
The prices of Bitcoin, Ethereum, and Solana are showing volatile trends. Ripple (XRP) 
$0.723174, on the other hand, gained attention by registering an increase today. Meanwhile, Dogecoin 
$0.391384 (DOGE) experienced intraday gains, influenced by Elon Musk’s political connections.
The price of XRP rose by 11% to $0.67. Dogecoin also increased by 4%, reaching $0.3778. However, Shiba Inu (SHIB) faced a 9% decline. Other popular meme coins, such as PEPE, BONK, and FLOKI, exhibited upward trends.
Top Gainers and Losers of the Day
BONK surged by 30%, rising to $0.00003397. Stellar (XLM) increased by 14%, and FLOKI gained 8%. Conversely, FET dropped by 21%, ranking among the biggest losers in the market.
The pro-crypto stance of the U.S. House of Representatives is boosting optimism in the sector. Traders are closely monitoring the fluctuations in the crypto market to assess opportunities and risks.
