The altcoin market is showing signs of recovery today after yesterday’s sharp decline. Bitcoin (BTC) regained its position at $65,000 after falling to $64,000 in the last 24 hours. Ethereum (ETH) exceeded $ 3,500, followed by significant increases in the prices of Solana (SOL), XRP, Dogecoin (DOGE) and Shiba Inu (SHIB). Lido DAO (LDO) and ENS led the group, being among the highest gainers today.
Altcoin projects are on the rise today
The global cryptocurrency market value increased by 1.14% compared to the previous day, reaching 2.38 trillion dollars. However, the total cryptocurrency market volume has fallen a valuable 5.64% since yesterday and currently stands at $88.75 billion. According to Farside Investors information, the BTC price, which experienced a significant decline after the $ 152.4 million outflow seen in Bitcoin ETFs, is trading at $ 65,468.75 with a 0.09% increase at the time of writing. The token’s 24-hour low and high were recorded at $64,066.96 and $65,805.83, respectively.
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Bitcoin’s dominance decreased by 0.63% compared to the previous day, falling to 54.24%. The market value of the flagship cryptocurrency was calculated as 1.29 trillion dollars as of today, June 19. ETH price had a green trading session with a 3.41% increase, trading at $3,550.06. Ethereum’s 24-hour bottoms and highs were seen at $3,374.02 and $3,555.94 respectively. The token has a market cap of $435.22 billion. SOL price traded at $141.12 with an increase of 4.26% in the last 24 hours. Solana’s 24-hour bottoms and highs were recorded at $130.67 and $140.31, respectively.
Ripple Labs-backed cryptocurrency XRP rose 1.48% to $0.4971, following the broader market trend. Its 24-hour bottoms and highs were seen at $0.4773 and $0.5078 respectively. Additionally, the $0.5 level acts as a vital reinforcement point for the token. Meanwhile, Dogecoin and Shiba Inu from the chest coin segment also reflected this market bullish trend. While DOGE was traded at $0.1261 with an increase of 3.51%, SHIB was traded at $0.00001875 with an increase of 4.08%. Pepe coin increased by 9.22% and reached 0.0000115.
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What are the most rising coins of the day?
Apart from the rise of the above major cryptocurrencies, the following cryptocurrencies also gained value:
- Lido DAO (LDO) price settled at $2.37, up 26.23%.
- Ethereum Name Service (ENS) price increased by 21.86% to $26.71.
- Pendle (PENDLE) price increased by 12.46% and traded at $5.58.
- zkSync (ZK) increased by 11.52%.