The crypto market saw significant movements today, with Bitcoin trading bearishly at $61K while top altcoins experienced upside momentum. The AI & meme coins sector also witnessed gains, with dogwifhat (WIF) and Fetch.ai (FET) emerging as top gainers. However, the global crypto market cap fell by 1.38% to $2.26 trillion, with the total market volume reaching $97.64 billion.
Bitcoin’s price dipped by 2.17% to $61,489.62, with outflows in BTC ETFs on June 24 contributing to the decline. Ethereum also saw a 0.83% drop to $3,374.88, with its market cap slipping to $405.09 billion. Solana experienced a significant 7.59% increase, reaching $135.85, while XRP showed turbulent movements, trading at $0.4778.
Dogecoin (DOGE) and Shiba Inu (SHIB) prices both saw increases, with DOGE jumping by 1.25% to $0.123 and SHIB increasing by 0.62% to $0.00001744. The top gainers of the day included dogwifhat (WIF), Fetch.ai (FET), SingularityNET (AGIX), Bonk (BONK), and Pepe coin (PEPE). On the other hand, ORDI, Gnosis (GNO), Mantle (MNT), and Maker (MKR) were among the top losers.
The hourly time frame charts show that Bitcoin gained 0.20% while ETH jumped 0.36%, indicating potential reversals in the market dip. Market volatility remains a key factor to watch, as a sustained pump could help tokens recover. Overall, market movements today highlight the dynamic nature of the cryptocurrency industry and the importance of staying informed about price changes.
