3.3 C
New York
January 31, 2025
Ideation Hub

Crypto Prices Today August 21: BTC & ETH Slip 2%, Tron Ecosystem Tokens Rally

Crypto prices today: Bitcoin encounters volatility with massive on-chain movements. Tron ecosystem tokens rally. By Coingape Staff 21 hours ago Updated 12 hours ago

Crypto Prices Today August 21: BTC & ETH Slip 2%, Tron Ecosystem Tokens Rally

Crypto Prices Today August 21: BTC & ETH Slip 2%, Tron Ecosystem Tokens Rally

Highlights

  • Bitcoin price wanes to $59K despite ETF inflows.
  • Ethereum price plunges in tandem with outflows in spot Ether ETFs.
  • Tron rallies 11% with its ecosystem tokens mirroring the surge.

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.

Top Crypto Prices Today

1. 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 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 bought a whopping $82 million worth of BTC recently, adding to contrasting market sentiments on the asset.

Crypto Prices Today August 21: BTC & ETH Slip 2%, Tron Ecosystem Tokens Rally

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. Conversely, a recent report by CoinGape spotlighted why a post-halving rally for BTC lies ahead, igniting uncertainty over future movements.

READ
Breaking: SEC Files Reply Memorandum In Ripple Case

2. 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.

Crypto Prices Today August 21: BTC & ETH Slip 2%, Tron Ecosystem Tokens Rally

3. 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.

Crypto Prices Today August 21: BTC & ETH Slip 2%, Tron Ecosystem Tokens Rally

4. 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.

5. 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.

Top Crypto Gainers Today

BitTorrent (BTT)

BTT price rested at $0.0000009383 today, a pump of 1.15% in the past 24 hours. Its 24-hour lows and highs are $0.0000008364 and $0.00000001004, respectively.

eCash (XEC)

eCash (XEC) price soared 4.26% over the past day to trade at $0.00003408. Its 24-hour lows and highs are $0.00003125 and $0.00003528, respectively.

Tron (TRX)

TRX price noted a 5.54% uptick to $0.1611 today. It’s 24-hour lows and highs are $0.1488 and $0.1656, respectively.

Polygon (MATIC)

MATIC price upsurged 5% in the past 24 hours to $0.4736. Its 24-hours lows and highs are $0.4416 and $0.4834, respectively.

Top Crypto Losers Today

Helium (HNT)

HNT price cracked 5% to reach $7.23 today. The crypto’s 24-hour lows and highs were $6.80 and $7.72, respectively.

JasmyCoin (JASMY)

JASMY price slipped 4.68% to $0.02017 today. Its 24-hour lows and highs are $0.01973 and $0.02121, respectively.

Litecoin (LTC)

LTC price tanked 4% in the past 24 hours to $63.22. Its 24-hour lows and highs are $62.42 and $66.16, respectively.

Besides, the hourly time frame charts show that BTC gained 0.05% while ETH gained 0.02%, sparking further contrasting sentiments on the crypto prices today.

Related posts

Bitcoin – will crash to 10,000! (Proof here)

admin

Komainu Copper News: Komainu Partners Copper To Transform Off-Exchange Settlements

admin

Solana Smart Whale Sells $44M SOL For Profit, What’s Next?

admin