Crypto Price Analysis

Crypto Price Update: Bitcoin Trades at $62K, ETH at $3,100, SOL, DOGE, XRP Dips

Crypto Price Update: Bitcoin Trades at $62K, ETH at $3,100, SOL, DOGE, XRP Dips

The global crypto market prices begin the new week on a downtrend. According to the heat map by CoinMarketCap, the majority of the tokens in the market are trading in the red zone. Consequently, the general crypto market capitalization has dropped by a significant 2.47% to $2.31 trillion in the last 24 hours. Additionally, the total crypto market trade volume over the last day has surged by a notable 14% to $60.71 billion.

crypto heat map
Source: CoinMarketCap

Top coins in the market including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Dogecoin (DOGE), and XRP have recorded dips within the recorded time. Let us look at the crypto price trends for today, April 29.

Top Crypto Price Updates For April 29

Bitcoin, the flagship cryptocurrency starts the week with a 2.09% drop in its price in the last 24 hours. According to data from CoinMarketCap, the Bitcoin price is currently $62,397. Additionally, Bitcoin (BTC) has a 24-hour trading volume of $21.9 billion, signifying a 24.1% increase over the last day. Ultimately, the BTC market cap now stands at $1.22 trillion.

The second-largest cryptocurrency by trade volume, Ethereum (ETH), is not left out of the bloodbath. According to the aforementioned tracker, the Ethereum price is trading at $3,138, representing a 5.18% decline in the last 24 hours. However, its trading volume has increased by 7% within the recorded time to $13.9 billion with a live market cap of $381 billion.

The Solana (SOL) price has dropped by 4.71% over the last day to trade at $135.79. What is more, the activities surrounding Solana as depicted in its trading volume, have also dropped within the time. Per the data, the Solana 24-hour trading volume has plummeted by 7.94% to $2 billion. Consequently, SOL now has a market cap of $6.2 billion.

Dogecoin (DOGE), the flagship memecoin has recorded the most loss among the top ten cryptocurrencies at the time of writing. According to CMC data, the Dogecoin (DOGE) price has seen a dip of 5.11% to trade at $0.1404. Similarly, its market cap has declined to $20.3 billion with a 24-hour trading volume of $910 million.

The price of XRP has dipped by 2.38% at press time to trade at $0.507. This drop comes amid the SEC’s filing deadline in the case against the token issuer, Ripple. Moreover, the trading volume of XRP has surged by 74% to $1.02 billion in the last 24 hours with a live market cap of $27.9 billion.

Top Gainers Today April 29

Amid the global downtrend, some cryptocurrencies have exhibited resilience and surged significantly. Some of these tokens are;

Panda Swap (PANDA): Surging by 14% in the last 24 hours to trade 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.

panda price chart
Source: CoinMarketCap

Helium (HNT): The Helium Network has recorded the most gains. Per the CoinMarketCap chart, the HNT price has surged by 16.72% to $5.48 with a 24-hour trading volume of $72.6 million, representing a 243% increase in the last day, with a live market cap of $882 million.