Crypto Prices Today: BTC, Pepe Coin Plummet As FLR Notes Strong Gains

11.12.2023

In the dynamic world of cryptos, the crypto prices today, especially the major digital assets, face challenges in maintaining a positive momentum. Amid this struggle, the overall market note slipped into the red, with recent price fluctuations potentially attributed to the significant rally observed over the past few days.

Meanwhile, the Bitcoin price experienced a marginal decline of 0.76%, settling at $43,933.16 at the time of writing. In addition, the trading volume over the past 24 hours plummeted by 30.12% to $16.58 billion. However, over the last seven days, Bitcoin showcased impressive growth, surging by nearly 12%.

Simultaneously, the second-largest cryptocurrency by market cap, the Ethereum price registered a slump of 0.76%, reaching $2,354.28. Its trading volume over the last 24 hours declined 10.20%, totaling $10.26 billion. Meanwhile, Ethereum demonstrated a strong performance over the past week, with its price jumping by almost 9%.

The XRP price faced a 2.85% decline, trading at $0.6668, and its volume fell by 4.8% to $1.98 billion. Simultaneously, the Solana price was down 1.62% to $73.19, with its trading volume over the last 24 hours falling 11.31% to $2.7 billion.

In contrast, the Cardano price exhibited positive momentum, noting gains of 0.83% to reach $0.5979. Nevertheless, the meme coins segment appeared gloomy, indicating a shift in investor focus toward safer assets.

The Dogecoin price witnessed a 2.44% decline over the past 24 hours, trading at $0.1006, and its volume plunging by 4.8% to $1.02 billion. In addition, the Shiba Inu price experienced a 1.35% drop to trade at $0.00001021, with its trading volume rising 42% to $458.73 million.

Against a backdrop of mixed sentiment in the crypto prices, the global cryptocurrency market cap contracted by 0.56% to $1.64 trillion. Concurrently, the trading volume over the last 24 hours saw a decline of 8.78%, reaching $59.65 billion. The fear and greed index in the digital asset market stood at 80, indicating a prevailing “extreme greed” sentiment among market participants.

As the crypto market continues to navigate through fluctuations, investors remain vigilant, closely monitoring developments that could influence the future trajectory of digital assets.

Also Read: Michael Saylor Unveils Why MicroStrategy’s Bitcoin (BTC) Bet Paid Off

The Top 4 Cryptos For Today:

Pepe Coin Slips Amidst Market Flux

As of the latest update on December 10, the Pepe Coin price, a frontrunner in the meme coin space, exhibited a marginal decline of 0.46%, settling at $0.000001548. In the past 24 hours, the coin’s trading volume witnessed a notable surge of 58%, reaching $246.6 million. However, over the last week, Pepe Coin has managed to maintain a positive trend, with a 29% jump in its price at the current valuation.

Pepe Coin Chart

Flare (FLR) Emerges As Top Gainer With A 28% Surge

In the crypto prices, Sunday witnessed a remarkable surge in the Flare (FLR) price, marking a substantial increase of 28.51% and trading at $0.01906 during the reporting period. The trading volume for Flare over the past 24 hours saw a staggering rise of 860%, reaching $131.05 million. These recent gains have positioned Flare as one of the standout performers in today’s crypto session, capturing the attention of market participants.

Flare (FLR) Crypto Chart

MultiversX (EGLD) Crypto Records Impressive 26% Jump

The MultiversX price demonstrated notable strength in its market position as it soared by 25.67%, reaching $66.52 during the current reporting period. The trading volume from the previous day recorded a substantial surge of 502%, totaling $325.94 million. This significant upswing positions MultiversX as a notable player, showcasing substantial growth in a relatively short span.