BTC Slips To $62K, DOGS & NOT Prices Crash
The post BTC Slips To $62K, DOGS & NOT Prices Crash appeared on BitcoinEthereumNews.com.
Cryptocurrency Prices Today, August 27: The broader market generated a torrent of investor concerns today as the global crypto market cap dipped 1.83% in value to $2.21 trillion. Bitcoin (BTC) price waned to the $62K price level in the past 24 hours, followed by Ethereum (ETH), Solana (SOL), and XRP trading dominantly zone in the red zone. Further, TON-based DOGS and Notion (NOT) prices crashed severely today. However, the total market volume saw a 27.24% increase in value to $65.61 billion. Here’s a brief report on the top cryptocurrencies by market cap and their price action today. Cryptocurrency Prices Today Raise Investor Concerns Bitcoin Price Today BTC price chart illustrated a nearly 2% decline in value to trade at $62,954 today. The coin’s 24-hour lows and highs were $62,685.82 and $64,227.81, respectively. This slumping action comes despite Bitcoin ETFs recording $202.5M worth of inflows as of August 26, sparking speculations. Also, it’s worth noting that BlackRock added significant BTC ETF shares to its Strategic Global Bond Fund recently, underscoring rising institutional adoption for the flagship crypto. Despite the abovementioned bullish factors, BTC price trades in the red today. However, the coin’s dominance increased by 0.05% to 56.31%, hinting that alts today comparatively take more heat. Ethereum Price Today ETH price sunk 2% in the past 24 hours to reach $2,687. Its intraday lows and highs were $2,668.89 and $2,752.97, respectively. U.S. spot Ethereum ETFs recorded $13.23 million worth of inflows as of August 26, per data by Soso Value. The sluggish ETFs momentum further aligns with the coin’s current price trajectory. Moreover, a recent report by CoinGape Media spotlights a significant ETH whale dump, validating the current slumping action. However, speculations of an Ethereum price breakout to $5000 also persist, an analysis by CoinGape added. Solana Price Today Mirroring the…
Filed under: News - @ August 27, 2024 5:21 am