Bitcoin, pepe Coin and XRP Crashed While Ethereum Rising
Crypto prices registered a bearish trend today as Bitcoin (BTC) fell below $43,000 and major altcoins also recorded significant losses. However, Ethereum (ETH), the second largest cryptocurrency by market capitalization, witnessed a notable rise today. Meanwhile, the XRP price took a big hit, dropping below $0.52.
Today’s Major Crypto Prices
Bitcoin price fell below the $43,000 level today due to the recent bearish trend. Bitcoin price fell 1.21% to $42,930.19 as of Wednesday, January 31, when this article was written. On the other hand, transaction volume increased by 1.92% in the last 24 hours to 22.84 billion dollars. Meanwhile, the market value of the cryptocurrency was $842.03 billion
Looking at altcoins, Ethereum price is up 1.34% to $2,340.43 at the time of writing, with a market cap of $281.25 billion. Additionally, ETH recorded a 10.90% increase in trading volume, reaching $10.39 billion. Additionally, the Binance Coin (BNB) price decreased by 1.28% to $306.82, while the 24-hour trading volume decreased by 8.74% to $765.24 million.
On the other hand, solana price decreased by 1.54% to $100.28. However, SOL’s trading volume increased by 25.91% in the last 24 hours to $3.49 billion. Moreover, the XRP price has dropped significantly. XRP price decreased by 4.90% to $0.5103. In contrast, XRP’s trading volume increased by 94.10% to $1.76 billion.
Meanwhile, Cardano price fell by 3.49% to $0.5111. It also recorded a 10.15% decrease in 24-hour trading volume, falling to $456.43 million. Meanwhile, in the meme coin market, dogecoin price fell 1.71% to $0.08008, while its rival Shiba Inu fell 1.86% to trade at $0.000009112.
Also Read: Ethereum ETF Approval Could Boost ETH to $4K: Standard Chartered
Today’s Best Crypto Prices
Pepe Coin Fell Hard
Pepe Coin 1 Day Chart, Source: CoinMarketCap
Pepe Coin (PEPE), one of the trending meme coins, crashed significantly. Pepe Coin price decreased by 7% to $0.0000009831 and its market value was $412.11 million. In contrast, the 24-hour trading volume increased by 31.88% to $76.32 million.
Render: Today’s Top Crypto Earners
1-Day Render Chart, Source: CoinMarketCap
Render (RNDR) cryptocurrency, launched by Jules Urbach in 2017, made a huge profit on Wednesday. At the time of writing, Render price is up 7.18% to $4.66, making RNDR the top gainer on the market today. Additionally, trading volume increased by a staggering 103.38% to $215.44 million.
pyth network Gains More Than 6%
Pyth Network 1 Daily Chart, Source: CoinMarketCap
Solana Ecosystem’s Pyth Network (PYTH) witnessed a significant increase today. PYTH price rose 6.51% to $0.4214 at the time of reporting. Additionally, the trading volume increased by a large 95.03% to $99.24 million. Additionally, Pyth Network recorded a high of $0.446 amid today’s rally.
Also Read: Breaking News: US SEC Chooses to Dismiss Lawsuit Against Debt Box
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