Crypto prices today show Bitcoin falling 12.82% and Ethereum dropping 20.91%
The overview of the cryptocurrency market showed it was in the red, with major cryptocurrencies experiencing notable price declines as of August 5, 2024. This article discusses in detail crypto prices, 24-hour percentage changes, trading volumes, and market caps for major cryptocurrencies.
1. Bitcoin (BTC)
Price: $52,841.46
24h % Change: –12.82%
Volume (24h): $52.16B
Market Cap: $1.04T
Sector: Currency
Bitcoin, boasting a market capitalization of $1.04 trillion, is down 12.82% over the past 24 hours. The cryptocurrency has $52.16 billion in trading volume. The king of all cryptos is still a hold above the entire currency space, despite the takedown, though recent market volatility does not bode well for its performance.
2. Ethereum (ETH)
Price: $2,298.54
24h % Change: -20.91%
Volume (24h): $42.12B
Market Cap: $276.42B
Sector: Smart Contract Platform
It has fallen 20.91% in the last 24 hours; the trading volume of Ethereum stands at $42.12 billion, while the market capitalization lies at $276.42 billion. This precipitous fall tracks broader market trends dragging down smart contract platforms and, indeed, across the board of cryptocurrency prices.
3. BNB (BNB)
Price: $435.40
24h % Change: -17.72%
Volume (24h): $2.27B
Market Cap: $63.52B
Sector: Smart Contract Platform
BNB belongs to the Binance Smart Chain and is down 17.72% in the last 24 hours. BNB’s trading volume sits at $2.27 billion, with a market capitalization of $63.52 billion. This seems to follow the general decline of smart contract platforms due to recent crypto news.
4. Solana (SOL)
Price: $119.95
24h % Change: -16.33%
Volume (24h): $0
Market Cap: $55.51B
Sector: Smart Contract Platform
Solana is down 16.33% in the past 24 hours. Solana keeps battling through hard market conditions for smart contract sectors, having nil trading volumes reported and a market cap of $55.51 billion. This trend indicates part of the volatility in crypto prices of platforms like Solana.
5. XRP (XRP)
Price: $0.47142723
24h % Change: -15.13%
Volume: $0
Market Cap: $26.25B
Sector: Currency
XRP is down 15.13% in the last 24 hours. With no trading volume reported and a market cap of $26.25 billion, the currency continues to fight for a niche in the currency sector. This decline comes as part of the broader fluctuation of prices of cryptocurrencies.
6. Dogecoin
Price: $0.09094595
24h % Change: -15.76%
Volume (24h): $1.63B
Market Cap: $13.22B
Sector: Currency
Changes in the last 24 hours: Dogecoin is down 15.76%. It had a trading volume of $1.63 billion, with its market capitalization at $13.22 billion. Dogecoin is not immune to the downtrend movements, just like every other digital currency, which shows in its current shift in price.
7. Toncoin (TON)
Price: $5.25
24h % Change: -13.18%
Volume (24h): $0
Market Cap: $12.93B
Sector: Smart Contract Platform
Toncoin is down 13.18% in the last 24 hours. There is no volume to trade, and a market capitalization of $12.93 billion. Toncoin’s performance reflects wider trends in the smart contract platform sector. This change is part of the current cryptocurrency price dynamics.
8. Cardano (ADA)
Price: $0.30632110
24h % Change: -15.31%
Volume (24h): $628.15M
Market Cap: $10.90B
Sector: Smart Contract Platform
Cardano has lost 15.31% in the past 24 hours, with the trading volume at $628.15 million and a market capitalization of $10.90 billion. Cardano continues heading further down in the smart contract platform sector, reflecting the fluctuations in crypto prices these days.
9. Tron (TRX)
Price: $0.12200692
24h % Change: -3.44%
Volume (24h): $352.33M
Market Cap: $10.63B
Sector: Smart Contract Platform
While TRON has seen a more minor decline of 3.44% over the last 24 hours, it still has a trading volume of $352.33 million and a market capitalization of $10.63 billion, making it less fragile in comparison with other smart contract platforms, quite remarkable against the backdrop of the recent crypto news.
10. Wrapped Bitcoin
Price: $53,111.87
24h % Change: -12.70%
Volume (24h): $318.30M
Market Cap: $8.13B
Sector: –
Wrapped Bitcoin has lost 12.70% over the past 24 hours. The trading volume is $318.30 million, at a market capitalization of $8.13 billion. WBTC simply repeats all the movements of Bitcoin because its nature is to link its value directly to that of Bitcoin, hence moving constantly by crypto price changes.
Conclusion:
While the major cryptocurrencies are broadly on the decline, big drops are common in Bitcoin, Ethereum, and smart contract platforms. This serves as a warning to traders and investors to study and hence make decisions based on these movements in the current volatile environment. These include keeping up to date with evolving crypto prices and the latest crypto news.
