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Crypto Price Today: The cryptocurrency market on June 24, 2024, presents a varied performance with several major assets showing declines over both the past day and week. Here’s an in-depth look at the key cryptocurrencies.
Bitcoin (BTC) remains dominant, currently priced at $62,636.00. It experienced a decline of -2.70% over the past day and -5.82% over the week. This mirrors a broader trend of negative movement observed across the market.
Ethereum (ETH), the second-largest cryptocurrency by market cap, is priced at $3,374.08. It saw a more substantial drop of -3.98% in the last 24 hours and -6.06% over the week, aligning closely with Bitcoin's performance.
Polkadot (DOT) is priced at $5.60, showing a decrease of -2.86% in the last day and a notable -11.60% over the past week. Despite a modest daily drop, its weekly performance reflects significant market pressures.
Solana (SOL) has experienced a decline of -7.17% in the last 24 hours, currently priced at $124.87. Over the week, SOL decreased by -16.15%, indicating substantial volatility and challenges in the market.
Ripple (XRP) is priced at $0.47, showing a -3.26% decrease in the past day and a -4.01% decline over the week. XRP has maintained relative stability compared to other major cryptocurrencies during this period.
Shiba INU (SHIB) continues its volatile performance with a current price of $0.00001704. It experienced a daily drop of -5.96% and a significant weekly decrease of -16.96%, reflecting ongoing market turbulence for meme coins.
Biggest Gainers: LEO (UNUS SED LEO) has seen a slight increase, priced at $5.77 with a minimal gain of 0.10%. This marginal rise stands out amidst broader market declines.
On June 24, 2024, several cryptocurrencies faced significant declines, reflecting the volatile nature of the market. LayerZero (ZRO) led the losses with a substantial drop of 14.57%, trading at $2.67. Following closely, WIF (dogwifhat) decreased by 12.11% to $1.55, while Brett (Based) (BRETT) saw an 11.41% decline, priced at $0.1313. FLOKI also experienced notable losses, falling by 11.40% to $0.0001543.
Ethereum Name Service (ENS) rounded out the top five losers with a decrease of 10.84%, currently valued at $22.64. Other cryptocurrencies such as Pendle (PENDLE), Bonk (BONK), Pepe (PEPE), JasmyCoin (JASMY), and Ondo (ONDO) also registered declines ranging from 9.69% to 9.29%, showcasing the broad-based sell-off across various sectors within the cryptocurrency market. Investors are advised to exercise caution and stay informed about these market movements amidst ongoing volatility.
As of June 24, 2024, the cryptocurrency market exhibits a general downtrend across major assets. Bitcoin and Ethereum, the market leaders, show moderate declines, while altcoins like Solana and Polkadot have experienced more significant losses. Investors are advised to closely monitor market movements amidst ongoing volatility and economic factors influencing digital asset prices.
