The price of Bitcoin took a sharp drop today with it dipping as low as $85,900 in a quick downtrend while quickly recovering above $87k in late trading hours. Following Bitcoin’s volatility, leading altcoins also took hits with SOL, XRP and ADA falling nearly 4% in the past 24 hours.Â
Despite significantly bullish news on the day – including GameStop’s Bitcoin treasury announcement, Bitcoin price has failed to catch up with any uptrend while rejecting the $88k resistance.Â
At the time of writing, Bitcoin price is trading near $87,000 with a 24 hour trading volume of $25.58 billion. It fell from the daily high of $88,210 to as low as $85,900 while currently down 1.38% today.Â
As Bitcoin continues to lose its momentum, leading altcoins are dropping significantly. From top 10 largest crypto assets, Dogecoin (DOGE) has declined 5.39% while XRP, SOL and ADA falling nearly 5% in the past 24 hours. This downtrend also impacted majorly on ETH with it dropping below $2,000 before gaining back near its daily high.Â
In the top gaining section, ZetaChain (ZETA) leads with it pumping over 30%, while SAFE, BEAM and TON have surged over 6% today. On the losing side, AI16Z has dropped 15% besides DEEP, SATS and HYPE token’s 13% dip in the past 24 hours.
Trending Crypto Today
- ALT (AltLayer)
- FLOKI (Floki)
- MUBARAK (Mubarak)
- LINK (Chainlink)
- CAKE (Pancakeswap)
Today’s Top Daily Gainers
- ZETA (ZetaChain): +30%
- SAFE (Safe): +9%
- BEAM (Beam): +8%
- TON (Toncoin): +7%
- ZRO (LayerZero): +6%
Today’s Top Daily Losers
- AI16Z (ai16Z): -15%
- DEEP (DeepBook Protocol): -13%
- SATS (Ordinals): -13%
- HYPE (Hyperliquid): -11%
- BONK (Bonk): -10%
As per Coinmarketcap data, the global crypto market cap today sits at $2.85 trillion with a 24 hour trading volume of $75.81 billion.Â
