Amid the ongoing market volatility, the crypto-verse continues recording increased trading activity. While the Bitcoin price holds its value above the $118,000 mark, the ETH coin price breaks its prolonged $3,200. Moreover, the meme coin market has picked up pace with most tokens recording a double-digit rally.
Top Crypto Hold Their Crucial Levels, Memecoins Dominate the Day
After recording a new ATH of just over the $123K mark, the Bitcoin (BTC) price has recorded a notable correction. At the time of writing, the value of Bitcoin was $118,363 with a trading volume of $73.80 billion. However, amid the rising market volatility, the dominance of it has dropped below the 63% mark and is currently at 62.7491%.
The altcoin leader, Ethereum price has become one of the best-performing digital assets spaces as it has finally breached its $3,200 mark for the first time in months. Following this, its market dominance has risen to 10.2541% with a valuation of $384.36 billion.
The XRP coin price has maintained its value around the $3 mark with a change of +1.18% during this time. With this, the market value of it has stabilized at $175.22 billion with a share of 4.6823%.
On the other hand, the SPX memecoin has taken over the crypto market by storm as it has successfully gained the top gainers position today by adding over 20% to its valuation. Moreover, the memecoin market shows signs of volatility as most tokens are on the verge of a breakout at their key resistance levels.
Trending Crypto Today
- Ethereum (ETH)
- Floki (FLOKI)
- Solana (SOL)
- SPX6900 (SPX)
- Chainlink (LINK)
Top Gainers & Losers Today
| Gainers | Losers |
| SPX6900 (SPX): +20.83% | Pi (PI): -3.15% |
| Ethereum Name Service (ENS): +19.97% | UNUS SED LEO (LEO): -2.31% |
| Bonk (BONK): +16.45% | Pudgy Penguins (PENGU): -1.60% |
Crypto Market Cap Overview
As per the data from CoinMarketCap, the global crypto valuation is now at $3.79 trillion with an intraday trading volume of $179.74 billion, a change of -8.21% as per the data. However, with a jump of 3.74% today, the market is suggesting a significant increase in the trading volumes.
As the crypto market stabilizes, the Fear & Greed index is now at 68, suggesting a cool-off in the price action. Additionally, the Altcoin Season Index is now at 36, hinting at a major shift toward the altcoin crypto tokens.
In the past 24 hours, a total of 101,765 traders were liquidated, resulting in the total liquidations coming to a total of $344.73 million. Notably, the largest single liquidation order was recorded on the Bybit crypto exchange on the BTC/USD pair. The value of this order was $8.37 million.
Also Read: French Hill Says GENIUS Act, Crypto Bills Still Have Shot at Passage
