Insights

the crypto market on Friday continued keeping investors on their toes, with coins mainly trading sluggishly. Bitcoin (BTC ) price showcased a trading session at the $97K level, whereas Ethereum (ETH ), XRP , and Solana (SOL) reflected a similar volatile trajectory. However, TRON emterged as the talk of the town, defying the broader market trend amid strong ecosystem growth. ↔️Crypto Market Today- BTC & Altcoins Face Market Turbulence Notably, the global cryptocurrency market cap slipped 0.47% from yesterday, reaching $3.18 trillion. However, the global market volume saw a slight 2.88% increase to $126.33 billion. At the same time, BTC price illustrated a tight intraday sideways action, still trading near the previous day’s levels. Moreover, other crypto tokens have mainly taken more heat from yesterday ↔️$BTC Price At $97K As of press time, $BTC price traded at $97,289, down marginally by 0.2% intraday. However, it’s worth pointing out that the coin’s 24-hour low and high were $95,707.35 and $99,168.61, respectively. The flagship coin’s dominance saw a 0.52% increase from yesterday to 60.87%, signaling that altcoins took more heat and lost market value. ↔️Ethereum Price Slips ETH price cracked nearly 3.5% in the past 24 hours, reaching $2,713. The coin’s intraday bottom and peak were $2,662.45 and $2,857.14, respectively. Crypto market traders remain cautious as whales are recorded selling $ETH amid the current turbulent landscape. ↔️$XRP Price Below $2.5 Meanwhile, XRP price mimicked a drop, down nearly 3% to $2.35. The coin’s intraday bottom and peak were $2.29 and $2.46, respectively. Despite the price drop, renowned analyst Ali Martinez revealed that whales bought 520 million XRP, flagging a buy-the-dip opportunity. This data also suggests that a recovery above $3 lies ahead. ↔️Solana Price Mirrors Dip $SOL price witnessed a 4% decline in value and exchanged hands at $193.39. The coin’s 24-hour low and high were $188.17 and $203.89, respectively. Intriguingly, VanEck made a bullish prediction on SOL price, claiming it to hit $520 by year end. ↔️Meme Crypto Market Today The meme coins sector has mirrored a very similar waning action. Dogecoin ($DOGE ) price tanked 3% in the past 24 hours and is sitting at $0.2522. Shiba Inu (SHIB) pulled back 5%, resting at $0.00001511. Even PEPE and $TRUMP reversed gains by 6-7%, trading at $0.000009455 and $17.51, respectively.