Bitcoin trading at $62K, ETH at $3,100, SOL, DOGE, XRP experience a decrease in value
The start of the new week sees a downward trend in global crypto market prices. CoinMarketCap’s heat map reveals that the majority of tokens are trading in the red zone, leading to a significant 2.47% drop in the overall crypto market capitalization to $2.31 trillion over the past 24 hours. However, the total crypto market trade volume has seen a notable 14% surge to $60.71 billion.
Source: CoinMarketCap
Prominent coins such as Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Dogecoin (DOGE), and XRP have all experienced dips during this period. Let’s take a look at the price trends for these cryptocurrencies on April 29.
Top Crypto Price Updates for April 29
Bitcoin, the leading cryptocurrency, has seen a 2.09% decrease in its price over the past 24 hours. CoinMarketCap data shows that the current price of Bitcoin is $62,397. Additionally, Bitcoin (BTC) has recorded a 24-hour trading volume of $21.9 billion, indicating a 24.1% increase compared to the previous day. The market cap of BTC now stands at $1.22 trillion.
The second-largest cryptocurrency by trade volume, Ethereum (ETH), hasn’t been spared from the market downturn. According to the aforementioned tracker, the price of Ethereum is currently trading at $3,138, reflecting a 5.18% decline in the past 24 hours. However, its trading volume has increased by 7% during this time, reaching $13.9 billion, with a live market cap of $381 billion.
The price of Solana (SOL) has dropped by 4.71% in the last day, now trading at $135.79. Furthermore, Solana’s trading volume has also decreased within this period. According to the data, the 24-hour trading volume for Solana has plummeted by 7.94% to $2 billion. As a result, SOL now has a market cap of $6.2 billion.
Dogecoin (DOGE), the popular memecoin, has recorded the highest loss among the top ten cryptocurrencies at the time of writing. CoinMarketCap data indicates that the price of Dogecoin (DOGE) has experienced a dip of 5.11%, now trading at $0.1404. Similarly, its market cap has declined to $20.3 billion, with a 24-hour trading volume of $910 million.
At press time, the price of XRP has dropped by 2.38% to trade at $0.507. This decline coincides with the SEC’s filing deadline in the case against Ripple, the issuer of XRP. Additionally, the trading volume of XRP has surged by 74% to $1.02 billion over the past 24 hours, with a live market cap of $27.9 billion.
Top Gainers Today – April 29
Despite the overall downtrend in the global market, certain cryptocurrencies have displayed resilience and experienced significant surges. Some of these tokens include:
Panda Swap (PANDA): Showing a 14% surge in the past 24 hours, now trading at $0.010. Additionally, its 24-hour trading volume has grown exponentially by 597% to $4.1 million, with a live market cap of $8.7 million.
Source: CoinMarketCap
Helium (HNT): The Helium Network has recorded the most gains. According to the CoinMarketCap chart, the price of HNT has surged by 16.72% to $5.48, accompanied by a 243% increase in the 24-hour trading volume, which now stands at $72.6 million. The live market cap for HNT is $882 million.
Tags
Bitcoin (BTC)
Dogecoin
Ethereum
Solana
XRP
