Bitcoin and Ethereum Prices Fall, But Injective Protocol and Gnosis Trend Higher

Today’s crypto market has seen some significant price drops, causing concerns among traders worldwide. Bitcoin (BTC) took a hit, dropping to as low as $67K, while ETH also experienced a sharp decline below $3,600. Other altcoins like Solana (SOL), XRP, and meme coins followed suit with downward movements. Interestingly, Gnosis (GNO) and Injective saw a positive trend, showing a 4-9% rally.

The global crypto market cap has decreased by 2.49%, now totaling $2.48 trillion. However, the total trading volume surged by 53.88% compared to the previous day, reaching $74.94 billion.

Let’s take a quick look at the top crypto prices for today, June 11.

Today’s Top Crypto Prices

Bitcoin Price Update

Bitcoin’s price has fallen by 1.83% in the last 24 hours, currently sitting at $68,315. The daily range has been between $67,905.26 and $70,146.84. It’s plausible to see BTC trading around the $67K mark today.

According to CoinGape Media, the recent drop in Bitcoin’s price was influenced by substantial liquidations ahead of the Federal Reserve meeting. Nonetheless, Bitcoin’s dominance increased by 0.21% in the last day, now at 54.14%.

BTC price June 11

Ethereum Price Update

Meanwhile, ETH has seen a 2.86% decline, reaching $3,576.45 in the last 24 hours. The daily price range fluctuated between $3,571.27 and $3,711.43. Ethereum’s market cap has decreased by 3.23% to $427.84 billion.

ETH Price June 11ETH Price June 11

Solana Price Update

The price of Solana (SOL) dropped by 2.48% to $155.50 in the past 24 hours. The token’s daily low and high were $155.22 and $162.83, respectively.

Crypto SOL priceCrypto SOL price

XRP Price Update

XRP, Ripple Labs’ token, saw a 2.68% decrease in price, now trading at $0.4859. The 24-hour range for XRP was between $0.4849 and $0.5053.

Crypto XRP price June 11Crypto XRP price June 11

DOGE & SHIB Prices

DOGE took a 2.58% dip to $0.1419, while SHIB dropped by 2.92% to $0.00002261 in the last 24 hours, aligning with the general trend in meme coins.

Other meme-themed coins like Pepe coin (PEPE), dogwifhat (WIF), and others also mirrored the market’s downward movement.

Top Crypto Gainers Today

Gnosis (GNO) saw an 8.50% increase, reaching $353.47.
Injective (INJ) climbed by 4.61% to $28.92.
Oasis (ROSE) surged by 4.04% to $0.1246.
Uniswap (UNI) went up by 1.20% to $9.90.

Top Crypto Losers Today

Wormhole (W) plunged by 13.38% to $0.5591.
Notcoin (NOT) dropped by 13.26% to $0.01619.
Floki Inu (FLOKI) fell by 8.35% to $0.000251.
MANTRA (OM), yesterday’s top gainer, corrected by 7.82% to $0.9924.

Hourly charts indicate a 0.85% drop in BTC and a 1.70% drop in ETH, with altcoins following suit with negative trends seen in hourly charts.

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