Bitcoin Recovered, And Those 8 Altcoins Jumped! Here’s What Happened

The cryptocurrency market today paints a complex picture. Bitcoin (BTC) became active after the calmness seen in recent days and approached the end of 62 thousand dollars. The leading altcoin Ethereum (ETH) and the leading altcoins Solana (SOL), Dogecoin (DOGE) and Shiba Inu (SHIB) achieved a value benefit of between 0.3% and 3%. However, XRP fell contrary to the general market trend. Here are the details…

Bitcoin and altcoin prices are on the rise

The total crypto market value increased by 2.18% compared to yesterday, reaching 2.29 trillion dollars. On the other hand, the volume in the last 24 hours decreased significantly by 29.28%. Here is a brief summary of some of the leading cryptocurrencies and their price movements as of June 26:

• Bitcoin (BTC): Its price has increased by 1.01% in the last 24 hours and is trading at $61,953.38 at the time of writing. The daily lowest and highest levels were recorded as $60,626.97 and $62,466.32, respectively. In a different form, after a period of slow progress in recent days due to macroeconomic factors and ETF outflows, Bitcoin gained momentum following the inflow of $31 million into Bitcoin ETFs on June 25, according to Farside data. Meanwhile, Bitcoin’s dominance increased by 0.10% compared to yesterday, reaching 53.42%.
• Ethereum (ETH): At the time of writing, its price is up 0.42% at $3,391.97. The token’s 24-hour low and high were recorded at $3,346.79 and $3,424.58, respectively. The market value of Ethereum is at the level of 406.86 billion dollars today.

• Solana (LEFT): The chart of the cryptocurrency SOL reached $138.35 today, showing a 1.42% increase in its value. Solana’s 24-hour low and high were recorded at $133.57 and $140.21, respectively.
• XRP: The price of XRP is at $0.4753, down 0.71% compared to the previous day. The daily lows and highs were $0.4735 and $0.4795 respectively. In the background of this serene movement of XRP, on-chain tracker named Whale Alert revealed that whales were selling valuable assets to cryptocurrency exchanges (CEX).
• DOGE and SHIB:DOGE price rose by 2.79% today to $0.1273. Also, Shiba Inu (SHIB) rose by 1.83% to $0.00001787. Pepe coin (PEPE) and dogwifhat (WIF) were among the biggest gainers of the day.

Solana and Cardano attracted attention in the middle of the top 10

While the hourly charts of Bitcoin and Ethereum follow a very volatile course, they point to potential price fluctuations in the coming period. Altcoin charts in the same time period show a weakening movement and lead to speculation in the market. Leading this recovery were Solana (SOL) and Cardano (ADA), with the total market value rising to $2.28 trillion.

Solana stands out with an increase of more than 5% in the last 24 hours. This is an indication of investor interest and its role in the DeFi (decentralized finance) space, despite the general decline in the market. Cardano is also on the rise, up over 4%. Behind this rise lie network updates and possible interest rate cuts. Other leading cryptocurrencies such as Bitcoin and Ethereum are also making some profits. However, the market is still quite volatile overall.