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The crypto market today is showing contrasting trends. Bitcoin price holds firm above $87,000 while there are losses in other major altcoins like SOL, Ethereum, XRP, BNB, ADA. The overall market capitalization is still strong at $2.86T with a minor decline of 0.05%. It shows investor faith in the sector of digital assets.
Let’s explore crypto price today of the top 10 digital assets to understand crypto market movements today.
Bitcoin (BTC) continues to lead all cryptocurrencies with its price at $87,485.63, a 0.22% surge in the last 24 hours. The cryptocurrency has a market cap of $1.73 trillion and has a $26.78 billion trading volume, securing its leadership of the market. The supply for Bitcoin stands at 19.84 million BTC, affirming its store-of-value position amid growing institutional interest.
Ethereum (ETH), the second-largest cryptocurrency, is at $2,029.23, down 1.11% over the last 24 hours. Ethereum's market capitalization stands at $244.82 billion with a $13.11 billion trading volume. The network continues to be a leader in decentralized finance (DeFi) and non-fungible tokens (NFTs), even in the event of short-term price adjustments.
Tether (USDT) and USD Coin (USDC) continue to maintain liquidity within the crypto space. USDT is still $1.00, with a market cap of $144.21 billion and a whopping $58.75 billion trading volume. USDC also stays firm at $1.00, with a market cap of $60.16 billion and a $9.16 billion 24-hour trade.
XRP, one of the major players in cross-border payments, has dropped 3.09%, its price now at $2.37. Its market cap stands at $138.09 billion and its trading volume at $3.34 billion. Though down, XRP remains in use for international remittance solutions. This may come as a shock to some as XRP was surging after the SEC lawsuit win.
Binance Coin (BNB) is at $627.51, down 0.35% over the last 24 hours. BNB's market cap is $89.40 billion, with a trading volume of $1.61 billion. The token continues to be at the heart of the Binance ecosystem, driving transactions and minimizing fees on the exchange.
Solana (SOL) is trading at $139.35, a 2.10% decline in the last 24 hours. It has a $71.27 billion market capitalization and a $3.16 billion 24-hour volume. Solana keeps getting developers' attention owing to its fast blockchain but experiences market corrections similar to other altcoins.
Dogecoin (DOGE) is the chart-topper on the day with a 3.70% rise to a price of $0.1982. Backed by a $29.46 billion market capitalization and a $2.04 billion volume, DOGE is the darling of the retail investor.
Cardano (ADA) has a price of $0.7393 and is down by 1.01% from the last 24 hours. Its market value is $26.05 billion, and trading volume is at $915.87 million. TRON (TRX) is up by 1.53% and is currently valued at $0.2323, supported by a $22.07 billion market cap and a $456.72 million trading volume.
Bitcoin's resilience above $87K and Ethereum's strength at $2K show a cautiously optimistic market sentiment. With Dogecoin at the forefront of meme coin surge and XRP, Solana, and BNB seeing minor corrections, market volatility is still a dominant force. Investors should keep a close eye on upcoming macroeconomic trends before making any decisions.
