Crypto prices today: Bitcoin encounters volatility with massive on-chain movements. Tron ecosystem tokens rally.
The crypto prices today have illustrated mixed price actions, sparking a tidal wave of speculations across the broader market. Bitcoin (BTC) and Ethereum (ETH) prices tumbled nearly 2%, whereas top altcoins traded mainly in the red territory. However, Tron (TRON) emerged among the day’s top gainers against the broader market trend, with its ecosystem tokens mimicking a surge.
Besides, the global crypto market cap dipped 1.53% over the past day to reach $2.1 trillion. Further, the total crypto market volume conversely saw a 4.98% increase to $64.72 billion.
Here’s a brief report on some of the leading cryptocurrencies by market cap and their price action today, August 21.
Crypto Prices Today
Bitcoin Price Today
BTC price rested at $59,291 today, a 2% decrease in the past 24 hours. The coin’s 24-hour lows and highs were recorded as $58,610.88 and $61,396.33, respectively. The slumping price movement primarily aligns with Mt Gox’s massive 3,265 Bitcoin transfer, signalling creditor repayment plans.
Meanwhile, Bitcoin’s dominance stood at 55.74%, a decrease of 0.29% over the past day. This waning movement comes despite $88.06 million inflows in Bitcoin ETFs as of August 20, per Soso Value data, fueling concerns among investors.
Besides, Galaxy Digital accumulated a whopping $82 million worth of BTC recently, adding to contrasting market sentiments on the asset.
Additionally, the crypto market today takes the heat of Kamala Harris’ recent stance on capital gains tax, as she proposed a 45% tax on realized gains and 25% on unrealized gains. why BTC could witness a post-halving rally ahead, igniting uncertainty over future movements.
Ethereum Price Today
ETH price slipped 2% in the past 24 hours to reach $2,593 today. Its intraday lows and highs were recorded as $2,556.75 and $2,695.91, respectively.
The spot Ethereum ETFs saw $6.49 million in outflows as of August 20, aligning with the token’s volatile movement. Ethereum’s market cap stood at $311.95 billion today.
Solana Price Today
The SOL price also witnessed a 2% decrease in value to reach $142.52 today. Solana’s 24-hour lows and highs were recorded as $141.36 and $148.65, respectively.
With the Solana ETF launch hitting a roadblock with the SEC’s security debate, the coin has raised severe concerns among market participants.
XRP Price Today
Even XRP price slipped 2% in the past 24 hours to reach $0.5959. The crypto’s 24-hour lows and highs were $0.5888 and $0.6145, respectively.
DOGE & SHIB Prices Today Dogecoin witnessed a 0.87% fall in value to reach $0.1037 today. Further, SHIB price slipped marginally by 0.03% at press time to reach $0.00001366.
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