Bitcoin
Bitcoin (BTC)
$69,505.00 5.04351
Bitcoin price
Ethereum
Ethereum (ETH)
$3,500.39 13.67627
Ethereum price
BNB
BNB (BNB)
$588.88 2.42313
BNB price
Solana
Solana (SOL)
$184.17 8.2542
Solana price
XRP
XRP (XRP)
$0.5319780 4.37235
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000250 4.54231
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000109 21.42662
Pepe price
Bonk
Bonk (BONK)
$0.0000270 5.19024
Bonk price
Bitcoin
Bitcoin (BTC)
$69,505.00 5.04351
Bitcoin price
Ethereum
Ethereum (ETH)
$3,500.39 13.67627
Ethereum price
BNB
BNB (BNB)
$588.88 2.42313
BNB price
Solana
Solana (SOL)
$184.17 8.2542
Solana price
XRP
XRP (XRP)
$0.5319780 4.37235
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000250 4.54231
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000109 21.42662
Pepe price
Bonk
Bonk (BONK)
$0.0000270 5.19024
Bonk price
Bitcoin
Bitcoin (BTC)
$69,505.00 5.04351
Bitcoin price
Ethereum
Ethereum (ETH)
$3,500.39 13.67627
Ethereum price
BNB
BNB (BNB)
$588.88 2.42313
BNB price
Solana
Solana (SOL)
$184.17 8.2542
Solana price
XRP
XRP (XRP)
$0.5319780 4.37235
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000250 4.54231
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000109 21.42662
Pepe price
Bonk
Bonk (BONK)
$0.0000270 5.19024
Bonk price
Bitcoin
Bitcoin (BTC)
$69,505.00 5.04351
Bitcoin price
Ethereum
Ethereum (ETH)
$3,500.39 13.67627
Ethereum price
BNB
BNB (BNB)
$588.88 2.42313
BNB price
Solana
Solana (SOL)
$184.17 8.2542
Solana price
XRP
XRP (XRP)
$0.5319780 4.37235
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000250 4.54231
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000109 21.42662
Pepe price
Bonk
Bonk (BONK)
$0.0000270 5.19024
Bonk price
SirWin
SirWin
SirWin

Crypto market cap hovers $2.45t as Bitcoin, Solana, Ethereum, Dogecoin face downward pressure

crypto-market-cap-hovers-2-45t-as-bitcoin-solana-ethereum-dogecoin-face-downward-pressure
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Markets
Crypto market cap hovers $2.45t as Bitcoin, Solana, Ethereum, Dogecoin face downward pressure

Digital assets continue to struggle as the crypto market cap dips 1.28%. It currently hovers at around $2.45 trillion — a 94.5% change one year ago.

In what could be a knock-on effect from the traditional market, which saw the Japanese yen tumble to a 34-year low against the U.S. dollar, leading cryptocurrencies such as Bitcoin (BTC), Solana (SOL), and Dogecoin (DOGE) all saw their prices drop in the last 24 hours. 

Bitcoin

Per data from CoinMarketCap, Bitcoin is currently priced at $63,284, which is a 2.32% drop from 24 hours ago.

In that period, the number one crypto recorded a trading volume of $22.89 billion, which was the second-highest amount in the last 24 hours.

Crypto market cap hovers $2.45t as Bitcoin, Solana, Ethereum, Dogecoin face downward pressure - 1
BTC 24-hr price chart | Source: CoinMarketCap

While Bitcoin’s price is still more than 118% higher than it was at the same point a year ago, it is in the red over several other time frames.

For instance, the current price signifies a 10% dip over 30 days, a 6.7% drop across a fortnight, and a more modest 1.3% loss in the last seven days.

Solana 

On its part, Solana — fifth on the list of the biggest cryptocurrencies by market cap — saw its price go down by more than 4% in 24 hours.

Currently, the coin is changing hands at $137.21 and has a 24-hour trading volume just north of $2.4 billion.

Crypto market cap hovers $2.45t as Bitcoin, Solana, Ethereum, Dogecoin face downward pressure - 2
SOL 24-hr price chart | Source: CoinMarketCap

SOL has not fared any better over different time frames either.

The current price represents a 25.6% drop from where it was 30 days ago, per data from CoinGecko.

It also marks a nearly 8% dip across 14 days, as well as a 2.6% loss over 7 days.

Ethereum

Ethereum seems to have bucked the general negative trend, albeit rather modestly. At the time of writing, it was trading at about $3,137, which is a 0.23% uptick over the last day.

The slight bump was accompanied by a 24-hour trading volume of $10.26 billion, making ETH the third most traded cryptocurrency after Tether and Bitcoin.

Crypto market cap hovers $2.45t as Bitcoin, Solana, Ethereum, Dogecoin face downward pressure - 3
ETH 24-hr price chart | Source: CoinMarketCap

Ethereum’s gains over seven days are more significant, with the current price being a 4% improvement on where it was a week ago.

However, the bearish sentiment that seems to have washed over the crypto market in the last month has not spared ETH either. It has lost more than 12% of its value in that time.

Dogecoin

Dogecoin — the largest meme token — also shed some of its value in the last 24 hours.

The dog-themed coin shed nearly 3% of its price in that time. Trading at about $0.1451, Dogecoin’s value is also more than 30% lower than its level from a month ago.

Crypto market cap hovers $2.45t as Bitcoin, Solana, Ethereum, Dogecoin face downward pressure - 4
DOGE 24-hr price chart | Source: CoinMarketCap

Its performance is reflected among other meme coins, including Pepe (PEPE), Dogwifhat (WIF), and Shiba Inu (SHIB), which are all currently in the red, with losses ranging between 2.82% and 7.87%.