Bitcoin, Pepe Coin, XRP Crash As Ethereum Rallies

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The crypto prices today registered a bearish turn as Bitcoin (BTC) extended below $43,000 while major altcoins recorded significant losses as well. However, Ethereum (ETH), the second-largest crypto by market cap, witnessed a noteworthy upswing today. Whilst, the XRP price was hit massively as it plunged below $0.52.

Major Crypto Prices Today

The Bitcoin price tumbled below the $43,000 mark today due to recent bearish turn. The Bitcoin price slumped 1.21%, settling at $42,930.19 at the time of writing on Wednesday, January 31. On the other hand, it’s trading volume boosted by 1.92% to $22.84 billion in the last 24 hours. Meanwhile, the crypto boasted a market cap of $842.03 billion

Looking at altcoins, the Ethereum price was up by 1.34% to $2,340.43 at press time with market valuation of $281.25 billion. Furthermore, ETH recorded a 10.90% hike in its trade volume, reaching $10.39 billion. In addition, the Binance Coin (BNB) price dipped 1.28% in value, reaching $306.82, while its 24-hour trade volume dropped by 8.74% to $765.24 million.

On the other hand, the Solana price tumbled by 1.54%, reaching $100.28. However, SOL soared by 25.91% in trade volume to $3.49 billion in the last 24 hours. Furthermore, the XRP price crashed significant. The XRP price witnessed a plunge of 4.90%, reaching $0.5103. On the contrary, XRP’s trading volume skyrocketed by 94.10% to $1.76 billion.

Meanwhile, the Cardano price slipped by 3.49% to $0.5111. Moreover, it recorded a 10.15% slump in its 24-hour trading volume, settling at $456.43 million. Meanwhile, in the meme coin market, the Dogecoin price dropped by 1.71% to $0.08008 while its competitor, Shiba Inu, registered a 1.86% dump and traded at $0.000009112

Also Read: Ethereum ETF Approval Could Boost ETH to $4K: Standard Chartered

Top Crypto Prices Today Are

Pepe Coin Crashes Hard

Pepe Coin 1-day Graph, Source: CoinMarketCap

The Pepe Coin (PEPE), one of the trending meme coins, crashed significantly. The Pepe Coin price was down by 7% to $0.0000009831 with a market valuation of $412.11 million. In contrast, its 24-hour trade volume surged by 31.88% to $76.32 million.

Render: The Top Crypto Gainer Today

Render 1-day Graph, Source: CoinMarketCap

The Render (RNDR) crypto, launched in 2017 by Jules Urbach, registered a massive profit on Wednesday. At press time, the Render price was up by 7.18% to $4.66, making RNDR the top gainer in the market today. Moreover, its trade volume spiked by a staggering 103.38% to $215.44 million.

Pyth Network Gains Over 6%

Pyth Network 1-day Graph, Source: CoinMarketCap

The Solana Ecosystem’s Pyth Network (PYTH) witnessed a notable uptick today. The PYTH price increased by 6.51% to $0.4214 at the time of reporting. In addition, its trade volume soared by a whopping 95.03% to $99.24 million. Moreover, Pyth Network recorded a high of $0.446 amid the rally today.

Also Read: Breaking: US SEC Chooses to Dismiss Lawsuit Against Debt Box

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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.





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