Bitcoin Price Falls, ETF Outflow Grows: But Those 4 Altcoins Are Flying!

The cryptocurrency market remained calm today. While Bitcoin (BTC) price fell below $65,000, Ethereum (ETH) continued to trend below $3,500. A similar price drop occurred in Solana (SOL), XRP and other altcoins. However, there were also notable developments in the market. Names such as Notcoin (NOT) and Lido DAO (LDO) recorded significant increases and attracted the attention of investors. The overall cryptocurrency market value decreased by 0.92% compared to the value recorded yesterday, falling to 2.41 trillion dollars. The total transaction volume in the last 24 hours decreased by 0.08% and reached 72.35 billion dollars. Let’s take a closer look at the leading cryptocurrencies of the market and their price movements today:

What is the price of Bitcoin and the price of other leading cryptos?

Bitcoin price continued its downward trend and the difference between yesterday and today decreased by 0.79% to $ 66,228.94. The lowest and highest points in the last 24 hours were recorded as $65,049.23 and $67,294.65, respectively. Bitcoin’s market dominance increased by 0.07% today, reaching 54.25%. Ethereum price increased by 0.56% between yesterday and today at $ 3,511.17. The lowest and highest points of the last 24 hours were recorded as $ 3,364.71 and $ 3,528.60, respectively. While the Ethereum price showed high fluctuations, its market value increased by 0.28%, reaching 420.06 billion dollars.

Solana (SOL) price fell 2.19% today to $144.45. The lowest and highest points of the last 24 hours were recorded as $ 140.12 and $ 148.79, respectively. The XRP price decreased by 0.43% in the last 24 hours and traded at $0.4771. The lowest and highest points of the cryptocurrency supported by Ripple in the last 24 hours were recorded as $ 0.4647 and $ 0.4808, respectively. Dogecoin (DOGE) and Shiba Inu (SHIB) prices fell over 4%. Pepe Coin and Floki Inu also decreased by between 1% and 3% in parallel with this decline.

There is also an outflow in ETFs

Meanwhile, the US Spot Bitcoin ETF had a tumultuous week, causing a valuable outflow of nearly $200 million on June 14. Fidelity’s FBTC led this exit with $80.1 million, followed by Grayscale GBTC with $52.3 million. As Bitcoin’s price shows signs of volatility amid dismal spot Bitcoin ETF trading in the US, experts are weighing its potential impact on the cryptocurrency market.

The US Spot Bitcoin ETF is facing a strong week with persistent outflows totaling $581.4 million over the past five days. On Friday alone, outflows reached $189.9 million with Fidelity’s FBTC and Grayscale’s GBTC. Notably, Fidelity’s ETF saw the biggest outflow at $80.1 million. Grayscale’s ETF followed closely behind, losing $52.3 million in assets.

Which coins were the winners and losers of the day?

There were also cryptocurrencies that experienced significant increases in the market. Here are some of them:

• Notcoin (NOT):It reached $0.01945 with an increase of 9.42%.
• Lido DAO (LDO):It increased by 6.96% to $2.06.
• Akash Network (AKT):It climbed 6.27% to $3.47.
• UNUS SED LEO (LEO):It rose 2.78% to $5.75.

As in every market, there were losers. Here are the names that upset investors today:

• Ronin (RON):It decreased by 9.04% to $2.53.
• Stacks (STX):It dropped 8.76% to $1.90.
• Injective (INJ):It dropped 8.73% to $25.95.
• ONDO:It decreased by 8.62% to $1.21.