Bitcoin & Ethereum Fall, Filecoin & Injective Prices Rise June 8

In the past twenty-four hours, the values of cryptocurrencies, specifically Bitcoin Ethereum Fall (ETH), have dropped to the threshold of $69K and $3,600, respectively, making traders and investors uneasy. Alternate cryptocurrencies, Solana (SOL), XRP, and meme coins, followed the falling price action. However, there is a glimmer of hope because Filecoin (FIL) and Injective (INJ) have emerged as two of the most successful cryptocurrencies of today, which presents an opportunity for financial gain. ‘dogfight’ (WIF) and Core, on the other hand, were among the most unsuccessful cryptocurrencies of the day. Compared to the previous day, the total volume of the cryptocurrency market surged by 42.17% to reach $106.43 billion, while the global cryptocurrency market value declined by 2.60 percent to reach $2.55 trillion.

Top Crypto Prices Today

Top Crypto Prices Today

Bitcoin Price

Bitcoin’s price has dropped by 2% over the past twenty-four hours, reaching $69,487.09. Following a significant break above $71K, the flagship cryptocurrency had a bearish swing in the market in the market. It has reached a low of $68,507.26 and a high of $71,918.97 over twenty-four hours. Over the previous day, Bitcoin Ethereum Fall dominance increased by 0.38%, reaching 53.62%. The overall market capitalization of the token was $1.37 trillion.

Ethereum Price

The price of ETH followed the declining price action, which is in line with the broader market trend that is occurring today. In the previous twenty-four hours, the token cost $3,688.51, a decrease of 3.09%. The price has reached a low of $3,604.78 and a high of $3,838.45 over twenty-four hours.

Solana Price

At the same time, the price of SOL experienced a decline, falling by 4.49% over the previous day to reach $162.72. The token’s price ranged from $154.88 to $172.44 from the beginning to the end of the day.

XRP Price

The digital asset XRP, which Ripple Labs back, also had a decline of 4.33%, reaching $0.5002, below the critical support level of $0.52. It has reached a low of $0.4631 and a high of $0.5275 over twenty-four hours.

The XRP token has followed the movement of the larger market even though it is being considered for inclusion as a currency in the BRICS payment system.

Also Read: SEC Chair Gensler Hints at Slower Ethereum ETF S-1 Approval

DOGE & SHIB Prices

DOGE & SHIB Prices

The meme coins sector mimicked today’s collapsed price action, with DOGE falling 7.88% to $0.1483 and SHIB falling 4.39% to $0.00002388. Both of these prices are below their previous levels.

Top Crypto Gainers Today

Injective (INJ) rallied 7.98% to $30.24.
Filecoin (FIL) surged 6.53% to $6.32.
Sei (SEI) pumped 5.04% to $0.5339.
Wormhole (W) continued to gain, jumping 2.62% to $0.7189.

Top Crypto Losers Today

dogfight (WIF) plunged 12.48% to $2.83.
Core (CORE) dipped 12.18% to $1.77
dYdX (DYDX) fell 11.41% tp $1.93.
Gala (GALA) corrected 10.95% to $0.04004.

During this time, hourly time frame charts demonstrate that the prices of Bitcoin and XRP have decreased, whereas Ethereum and Solana have had a difficult time gaining an upward momentum.

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