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Home » Bitcoin drops to $67,000, ETH below $3,600 while INJ and GNO rise 4-9%
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Bitcoin drops to $67,000, ETH below $3,600 while INJ and GNO rise 4-9%

activepulsnewsBy activepulsnews11 June 2024No Comments3 Mins Read0 Views
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Cryptocurrency prices today are showing a significant downward trend, spreading bearish concerns among market participants around the world. Bitcoin (BTC) recorded a significant drop, dropping to the $67,000 price level. Meanwhile, ETH also recorded a significant drop, dropping below $3,600. Altcoins Solana (SOL), XRP and meme coins also mirrored this downward trend. However, prices of Gnosis (GNO) and Injective bucked the overall market trend and increased by 4-9%.

The global cryptocurrency market capitalization fell by a significant 2.49% to now stand at $2.48 trillion, while overall cryptocurrency market trading volume increased by a significant 53.88% from the previous day to $74.94 billion.

Here is a quick report on the top cryptocurrencies and their price movements today, June 11th.

Top Cryptocurrency Prices Today

Bitcoin Price

BTC price has fallen 1.83% in the past 24 hours and is currently trading at $68,315. The 24-hour low and high are $67,905.26 and $70,146.84 respectively. It would not be a surprise for BTC to reach the $67,000 level in today's trading session.

CoinGape Media recently reported that the leading cryptocurrency's price drop was due to large-scale liquidation ahead of the Fed meeting, but Bitcoin's dominance increased by 0.21% over the past day to 54.14%.

Ethereum Price

Meanwhile, the price of ETH has fallen 2.86% over the past 24 hours to $3,576.45, with the daily low and high hitting $3,571.27 and $3,711.43, respectively. Ethereum’s total market capitalization is $427.84 billion, down 3.23% over the past day.

Solana Price

The price of the cryptocurrency SOL has fallen by 2.48% in the past 24 hours to $155.50. The token’s 24-hour low and high are $155.22 and $162.83, respectively.

XRP Price

The price of Ripple Labs-managed crypto token XRP fell 2.68% over the past 24 hours to $0.4859. XRP’s 24-hour low and high were $0.4849 and $0.5053, respectively.

DOGE and SHIB prices

Dogecoin (DOGE) fell 2.58% to $0.1419, while Shiba Inu (SHIB) fell 2.92% to $0.00002261 over the past 24 hours, coinciding with trend movements in the meme-themed cryptocurrency sector.

Similarly, Pepecoin (PEPE), Dogwif Hat (WIF), and others followed the overall market trend.

Today's Top Crypto Gains

Gnosis) price rose 8.50% to $353.47.
Injective form (INJ) The price rose 4.61% to $28.92.
Oasis (Rose) It rose 4.04% to $0.1246.
Uniswap (UNI) It rose 1.20% to $9.90.

Also read: Ripple (XRP) vs Cardano (ADA): How the Crypto Market Crash Affected Inflows

Today's top crypto losers

Wormhole (W) The price fell 13.38% to $0.5591.
Notcoin (NOT) It plummeted 13.26% to $0.01619.
Floki the Dog (FLOKI) It fell 8.35% to $0.000251.
Mantra (OM)was yesterday's biggest gainer, falling 7.82% to $0.9924.

Meanwhile, the hourly chart shows that BTC has fallen by 0.85% and ETH has fallen by 1.70%. Altcoins are following this negative trend and reflecting the price decline on the hourly chart.

Related article: Elon Musk warns against using Apple products in his company



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