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COINTURK NEWS > Cryptocurrency News > Bitcoin Rises While Other Cryptocurrencies Decline
Cryptocurrency News

Bitcoin Rises While Other Cryptocurrencies Decline

In Brief

  • Bitcoin's price increased by 0.92% in the last 24 hours.

  • Ethereum's price fell by 0.80% to $3,759.93.

  • Meme tokens DOGE and SHIB showed a downward price movement.

COINTURK NEWS
COINTURK NEWS 2 years ago
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Cryptocurrency prices mostly trended downward today. However, the leading cryptocurrency Bitcoin (BTC) experienced an increase. The prominent smart contract platform Ethereum (ETH) continued its downward price movement, followed by altcoins Solana (SOL), XRP, Dogecoin (DOGE), and Shiba Inu (SHIB).

Contents
Notcoin Continues to RiseCurrent Status of Meme Tokens

Notcoin Continues to Rise

Notcoin (NOT) continued its upward trend today. Additionally, the global cryptocurrency market value saw a marginal increase of 0.06% yesterday, reaching $2.54 trillion. The total cryptocurrency market volume also increased by 0.58% yesterday, reaching $83.07 billion. The flagship cryptocurrency’s price increased by 0.92% in the last 24 hours and is currently at $68,591.21. Additionally, BTC’s 24-hour low and high levels are $67,118.08 and $69,500.54, respectively.

According to data from the 21milyon.com website, Bitcoin’s dominance increased by 0.41% yesterday, reaching 53.07%. However, the token’s charts show volatile movement in the last 24 hours. Meanwhile, Ethereum’s price fell by 0.80% in the last 24 hours, reaching $3,759.93. The 24-hour low and high levels are $3,702.26 and $3,823.64, respectively. Talks of an extraordinary price increase following the ETH ETF approval seem to have cooled down in the broader cryptocurrency market. Solana’s price also fell by 1.55% in the last 24 hours, reaching $167.21.

Current Status of Meme Tokens

SOL’s 24-hour low and high levels are $163.68 and $172.42, respectively. Ripple Labs’ cryptocurrency XRP followed the downward price movement, falling by 1.04% to $0.5213. The 24-hour low and high values are $0.5175 and $0.5273, respectively. Simultaneously, the meme token ecosystem, which moved similarly to the broader market trend, showed a downward price movement. DOGE’s price fell by 2.59% to $0.1605 compared to yesterday, while SHIB’s price fell by 6.68% to $0.00002609 in the same period. Even Pepe coin (PEPE) and dogwifhat (WIF) experienced significant declines of 1% to 9%.

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Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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COINTURK NEWS 31 May, 2024 - 9:16 am 31 May, 2024 - 9:16 am
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