BTC At $85K, Altcoins Show Volatility, & ENA Jumps 17%

The crypto market today continues to spark investor uncertainty, showcasing riveting movements. Bitcoin (BTC) price stagnates around $85K as the week comes to an end, whereas altcoins mimic a volatile trajectory. Even meme coins hovered into the red zone on Saturday. However, Ethena defied the broader market trend and pumped remarkably.

Crypto Market Today: BTC, ETH, SOL, & XRP Face Turbulence

The global crypto market lost nearly 1%, as indicated by a diminishing market cap of $2.82 trillion. Further, the global trading volume was also down by 9.5%, signaling investor insecurity.

BTC and altcoins tanked considerably over the day, igniting market concerns despite the recent U.S. Bitcoin reserve and crypto stockpile announcement. Moreover, despite President Donald Trump conducting a crypto summit recently, the market has yet to pump

BTC Wanes To $85K

BTC price witnessed a 1.5% decline in the past 24 hours and exchanged hands at $85,939. The flagship coin bottomed and peaked at $85,247 and $91,070 intraday. Bitcoin’s dipping action aligns with $298.7 million liquidated in the BTC market over the past day, per Coinglass data. Also, the flagship crypto’s market dominance fell by 0.08% to 60.27% today, indicating altcoins are relatively in relief.

ETH Price Slips Marginally

ETH price witnessed a slight dip of 0.5% in the past 24 hours and closed in at $2,1147. The coin hit a low and a peak of $2,107.73 and $2,254.23 intraday. Ethereum’s dip falls in line with $57.14 million liquidated in the past 24 hours. Also, ETH’s dominance remained at 9.1% today.

XRP Price Loses 5%

XRP price witnessed a 5% decline in value and exchanged hands at $2.36. Ripple’s coin bottomed and peaked at $2.33 and $2.56 in the past 24 hours. Notably, Coinglass data indicated that XRP recorded $18.96 million worth of liquidations over the day. Meanwhile, Ripple whales moved 180 million coins, sparking speculation among market participants.

SOL Price Slips 1%

As of press time, SOL price witnessed a 1% decline and exchanged hands at $140.24. The coin bottomed and peaked at $137.87 and $150.02 in the past 24 hours. Solana’s slight dip aligns with $18.02 million worth of liquidations over the past day.

Meme Crypto Market Enters The Red Zone

Dogecoin (DOGE) price cracked marginally intraday and exchanged hands at $0.1982. Shiba Inu (SHIB) price followed, losing 1% and resting at $0.00001306. Nevertheless, Pepe Coin (PEPE) price witnessed a 3% uptick to reach $0.000006931, defying the broader market trend.

Top Gainers In The Crypto Market Today

Ethena (ENA)

Price: $0.4388
24-Hour Gains: +17%

Litecoin (LTC)

Price: $106.15
24-Hour Gains: +5%

Decentraland (MANA)

Price: $0.2921
24-Hour Gains: +5%

Top Losers In The Crypto Market Today

Kaspa (KAS)

Price: $0.06757
24-Hour Loss: -8%

Quant (QNT)

Price: $76.82
24-Hour Loss: -7%

Jito (JTO)

Price: $2.48
24-Hour Loss: -7%

In conclusion, the crypto market has kept investors on their toes despite pro-cryptocurrency advancements in the U.S. A crypto summit, crypto stockpile, and strategic Bitcoin reserve have failed to uplift the market momentum.

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Coingape Staff

CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.