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COINTURK NEWS > Cryptocurrency News > Cryptocurrency Prices Experience Significant Volatility Today
Cryptocurrency News

Cryptocurrency Prices Experience Significant Volatility Today

In Brief

  • Cryptocurrency prices showed extreme volatility today.

  • Bitcoin and Ethereum experienced notable price changes.

  • Shiba Inu saw a significant 15.37% increase.

COINTURK NEWS
COINTURK NEWS 1 year ago
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Cryptocurrency prices today once again experienced extremely volatile trading. Bitcoin (BTC) and Ethereum (ETH) witnessed notable price volatility. The meme token sector saw dogwifhat (WIF) among the top gainers, continuing its rise today.

Contents
Total Value in CryptocurrenciesCurrent Status of Meme Tokens

Total Value in Cryptocurrencies

The global cryptocurrency market value increased by 0.53% from the previous day, reaching $2.58 trillion. The total cryptocurrency market volume also saw a significant 3.66% increase in the last 24 hours, reaching $91.06 billion. At the time of writing, Bitcoin was trading at $68,748.59, a 1.30% increase from the previous day.

However, the leading cryptocurrency’s chart shows the burden of extreme volatility in the last 24 hours. The 24-hour low and high levels are $67,227.15 and $68,852.46, respectively. The token’s market value is $1.35 trillion, with a 24-hour trading volume increase of 7%, reaching $30.15 billion. Despite the recent excitement fueled by the approval of a spot ETH ETF in the US, Ethereum’s price is fluctuating between decline and rise, experiencing a flat trading period.

Current Status of Meme Tokens

At the time of writing, ETH was trading at $3,847.36, a 0.14% increase from the previous day. The 24-hour low and high levels are $3,771.21 and $3,924.90, respectively. Meanwhile, SOL’s price saw a significant 2.78% increase in the last 24 hours, dropping to $171.73. The 24-hour low and high values are $164.97 and $173.02, respectively. The Ripple Labs-supported cryptocurrency also witnessed highly volatile price movements.

It is trading at $0.5282, a 0.15% increase from the previous day. Additionally, the 24-hour low and high levels are recorded at $0.5216 and $0.5326, respectively. Dogecoin (DOGE) saw a notable 2.73% increase in its price yesterday, rising to $0.1697. Shiba Inu (SHIB) showed an extraordinary increase, rising by 15.37% yesterday to $0.00002874. It is also worth noting that SHIB is among the top gainers today, with another dog-themed meme token appearing on the list.

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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 29 May, 2024 - 8:51 am 29 May, 2024 - 8:51 am
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