Bitcoin price has taken a dip below $90k today with the broader crypto market witnessing huge sell-off as the U.S. stock market closes with significant volatility. Following BTC, leading altcoins like ETH, XRP and SOL have dropped over 13% today.
While dropping below $90,000 and hitting November lows, Bitcoin is currently trading at $89,500 – down 6.3% in the past 24 hours.
Following Bitcoin price, major large-cap altcoins have also dumped over 10% today with Solana (SOL) price taking the most loss of 14% in the past 24 hours. This sharp decline in SOL price is also fueled with the selling pressure of upcoming token unlocks. Ethereum (ETH) and XRP price have also dropped nearly 12% today following the market turmoil.
Other mid-cap and small-cap altcoins – including AAVE, SUI, S, LDO, PYTH, STC and others – have fallen over 16% while WLD, ENS, NEAR, ONDO and RON have seen 13% price decline. The overall Coinmarketcap 100 Index – which includes top 100 cryptocurrency by market cap – has declined 7.95% to $178 today.
As per market data, the broader crypto market cap has dropped 7.29% to $2.9 trillion today with a 24 hour trading volume of $165.8 billion.
Trending Crypto Today
- BTC (Bitcoin)
- DCOIN (Dogcoin)
- SOL (Solana)
- SUI (Sui)
- TRUMP (Official Trump)
Top Gainers Today
- VANA (Vana): +29%
- POLY (Polymath): +27%
- IP (Story): +22%
- KAITO (Kaito): +9%
Top Losers Today
- MELANIA (Official Melania): -25%
- TFUEL (Theta Fuel): -22%
- S (Sonic): -22%
- PENGU (Pudgy Penguin): -20%
- AAVE (Aave): -18%
Also Read: Why is Solana (SOL) Crashing Down Today?
