Today, while the largest cryptocurrency prices witnessed a downward trend, Bitcoin (BTC) managed to sustain its price above the $69,000 level. In addition, the price of Ethereum also rose slightly and traded above $3,400. Furthermore, the value of other top altcoins such as XRP and Cardano (ADA), Solana (SOL) declined.
Bitcoin Starts the Week with a Price Increase
The leading cryptocurrency, Bitcoin‘s price, reached $69,558.21 on Monday, April 8, marking a 0.29% increase. On the other hand, its trading volume saw a 0.01% increase over the last 24 hours, reaching $20.56 billion. The market value of the cryptocurrency is now at $1.36 trillion. When considering altcoins, the price of Ethereum rose by 0.91% to $3,427.74 at the time of writing, with a market valuation of $411.57 billion.
ETH’s trading volume increased by 3.80%, reaching $9.74 billion. Meanwhile, the price of Binance Coin (BNB) fell by 0.76% to $584.27. In contrast, its 24-hour trading volume decreased by 3.42%, settling at $1.38 billion. Solana’s price continued to trade below the $180 level today. Solana’s price settled at $177.03, a 2.28% decrease. In addition, SOL saw a significant 41.93% decrease in its 24-hour trading volume, dropping to $1.77 billion. The price of XRP remained at the $0.59 level. XRP’s price reached $0.5932, a 0.43% decrease. On the other hand, XRP’s trading volume rose by 9.66%, reaching $958.58 million.
Current Status of Meme Tokens
In addition, the price of Cardano fell by 1.15% today, reaching $0.5836. ADA‘s 24-hour trading volume saw a 23.20% increase, settling at $309.47 million. Today, the highest cryptocurrency prices experienced mixed movements, while the meme token ecosystem also witnessed volatility. The price of Dogecoin rose by 1.84% to $0.2006, while its rival Shiba Inu traded at $0.00002811, a 0.85% decrease.
Pepe Coin (PEPE), a popular Solana-based meme token, managed to recover significantly despite a downward trend. Pepe Coin’s price rose by 3.34% to $0.000007329, with a market value of $3.07 billion. Additionally, PEPE’s 24-hour trading volume increased by 60.31%, reaching $519.88 million.