Bitcoin Drops to $61K, Ethereum Drops Below $3200, PEPE and TIA Gain

Alonzo

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Crypto News Squad
Jul 16, 2023
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”altcoin-news”

Bitcoin Drops to $61K, Ethereum Drops Below $3200, pepe and TIA Gain



The highest crypto prices continued to fall today as the Bitcoin (BTC) price fell back to the $61,000 level. Additionally, Ethereum price declined below the $3,200 level. Meanwhile, other top altcoins such as solana (SOL), XRP, and Cardano (ADA) have fallen significantly.

Today’s Major Crypto Prices


Bitcoin price dropped significantly today. The price of Bitcoin dropped by 5.94% to $61,624.01 as of Wednesday, March 20, when this article was written. On the other hand, transaction volume increased by 31.83% in the last 24 hours to 72.73 billion dollars. Meanwhile, the market value of the cryptocurrency was $1.21 trillion.


Looking at altcoins, Ethereum price fell 7.39% to $3,129.37 and its market cap was $375.75 billion. ETH’s transaction volume increased by 42.76%, reaching 34.43 billion dollars. Meanwhile, Binance Coin (BNB) price decreased by 3.98% to $507.26. Additionally, 24-hour trading volume decreased by 1.17% to $4.06 billion.

Solana price dropped below $170 after rising above $200 earlier this week. Solana price settled at $165.70, down 11.90%. Additionally, SOL experienced a 7.23% decrease in trading volume in the last 24 hours, falling to $10.79 billion. Meanwhile, the XRP price continued to fall to the $0.60 level. XRP price decreased by 2.50% and reached $0.6065. In contrast, XRP’s trading volume increased by 85.67% to 3.32 billion.


Meanwhile, cardano price dropped by 6.85% today to $0.629. Meanwhile, ADA recorded a 13.20% increase in 24-hour trading volume, settling at $876.94 million. While top crypto prices suffered from a bearish trend, popular meme coins extended losses. dogecoin price fell 11.38% to $0.1342, while its rival Shiba Inu price traded at $0.00002559, down 11.04%.


Also Read: Spot Ethereum ETF: Fidelity Adds Staking in Deadline

Today’s Best Crypto Prices

Pepe Coin Rebounds


Pepe Coin (PEPE), a hyped meme crypto, defied the bearish trend and staged a recovery today. At the time of writing this news, Pepe Coin price increased by 7.89% to $0.000006677 and its market value was $2.81 billion. Additionally, the 24-hour trading volume increased by 48.52% to $1.60 billion.

celestia Gains 7%



Celestia (TIA), a trending cryptocurrency, has gained over 7% and is ranked as one of the top gainers today while the market is hemorrhaging money. At the time of reporting, TIA price was up 7.41% to $12.96. Additionally, trade volume increased by 126.66% to 394.55 million dollars. Additionally, the Phantom cryptocurrency rose as high as $14.6 amid the recent rally.

Also Read: Bitcoin ETF: BlackRock and Fidelity ETFs Top 5 in YTD Flows



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The content presented may contain the personal opinion of the author and is subject to market conditions. Do your market research before investing in cryptocurrencies. Neither the author nor the publication accepts any liability for your personal financial loss.








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