Bitcoin
Bitcoin remains firm above $71K, Wormhole (W) rises 12%
Today’s cryptocurrency prices saw a trading session mostly in the red territory, with Ethereum (ETH), Solana (SOL), and XRP experiencing decreasing price trajectories. However, Bitcoin (BTC) maintained its breakout above the $71K mark, while Wormhole (W) emerged among the day’s biggest gainers. Kaspa (KAS) emerged among the top losers.
The global cryptocurrency market capitalization suffered a significant drop of 1.05% to $2.62 trillion, followed by a total cryptocurrency market volume decline of 9.09% to $74.9 billion. This general market decline is reflected in most cryptocurrency prices, although some also appear to have defied the broader trend.
Here is a report on some of the top cryptocurrencies and their price movements today, June 7th.
Top Crypto Prices Today
Bitcoin price
After a notable break above the $71,000 mark, BTC Price it briefly fell to the $70,000 mark today. This slight downward movement is in line with the broader market trend, although Bitcoin ETFs recorded $217.7 million in net inflows on June 6, according to data from Farside Investors. In line with this, the token again surpassed $71,000, reaching $71,142.90, gaining 0.22% in the last day.
BTC’s 24-hour lows and highs are $70,119.12 and $71,625.74, respectively. Meanwhile, Bitcoin’s dominance today was 53.24%, an increase of 0.21% from yesterday.
Ethereum Price
Ethereum Price fell 1.57% in the last 24 hours to $3,804.81. The crypto’s 24-hour lows and peaks are $3,761.78 and $3,865.93, respectively. Despite a phenomenal increase in the number of daily active users in the Ethereum ecosystem following the approval of the ETF, the token is yet to witness significant positive momentum.
Solana Price
Whereas, after leaving behind the $170 mark yesterday, SOL Price fell 2.02% in the last 24 hours to $170.47. Solana’s 24-hour lows and highs are $167.86 and $173.90, respectively.
XRP Price
The Ripple Labs-backed cryptocurrency followed the broader market trend, falling 0.68% to $0.5223. Its 24-hour lows and highs are $0.5175 and $0.5276, respectively.
A drop below crucial support at $0.52 kept investors on their toes, although XRP Price maintained a position above $0.52.
DOGE and SHIB Prices
DOGE Price fell 1.01% to $0.1609 in the last day, while SHIB Price fell 2.99% to $0.00002511 during the same period.
The prices of the main meme coins, PEPE, WIF and BONK, fell by 5-6%. However, FLOKI rose 0.93%.
Top Crypto Earners Today
Wormhole (W) rose 12.98% to US$0.7.
Toncoin (TON) rose 5.62% to US$7.63.
Injective (INJ) rose 5.83% to $28.
Flare (FLR) jumped 5.04% to $0.02995.
Read too: BRETT v PEPE: Where will short-term flows accumulate?
Top Cryptocurrency Losers Today
Bitget Token (BGB) fell 8.27% to $1.21.
Kaspa (KAS) fell 5.34% to $0.1709
Search.ai (FET) decreased 7.21% to $2.01.
Bonk (BONK) fell 6.88% to $0.00003146.
In the meantime, hourly charts illustrated that BTC jumped 0.48%, while ETH, SOL, and XRP followed the bullish momentum.
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