Crypto Market Today: Bitcoin and Ethereum Lead Global Altcoin in Significant Declines

The crypto prices in the market today have lost the steam generated from the rally yesterday. At the time of writing, the majority of the cryptocurrencies

The crypto market prices today have lost steam from yesterday’s rally. At press time, most cryptocurrencies trade in the red zone, hinting at growing tension among crypto investors. Furthermore, investor confidence in the market has dropped over the last 24 hours, as seen in the crypto fear and greed index.

Notably, alternative data shows that positive sentiment dropped by a significant 7 points, from yesterday's '55' to '48' today, reflecting ‘neutral’ emotions. As a result, the total crypto market cap fell by 1.80% to reach $2.2 trillion. Below is a brief overview of the crypto market and how the top 10 coins performed over the last day.

Top Crypto Prices TodayBitcoin PriceLoses Steam,を目指して Dropping Below $63k, as BTC ETF Continues Seeing Positive Flows

The Bitcoin price saw a notable decline in the last 24 hours. After peaking at almost $64k yesterday, the asset lost 1.21% of its value according to data from CoinMarketCap to trade at $62,838.

Moreover, Bitcoin traded between the range of $62,692.90 and $63,999.53 over the last day. In the weekly chart, BTC still enjoys a 3.20% increase. Also, the Bitcoin ETF has continued its daily positive flow streak. Per Soso Value data, BTC ETF saw a $202.51 million daily total net inflow as of August 26.

Ethereum Price Drops Below $2,700,を目指して Continuing to See Negative Flows in ETH ETF

Ethereum, the second-largest crypto by market cap, has led the global altcoin in significant declines. Per CMC data, ETH lost 1.87% of its value at the time of writing to change hands at $2,686.

The hype around Ethereum ETF seems to be fading out as it continues to record negative flows since last week. Soso Value data shows that the ETF product saw a total daily net inflow of -$13.23 million. Notably, ETH traded between the range of $2,668.84 and $2,747.22 in the last 24 hours.

Other Altcoin PricesSolana, XRP Prices Drop Marginally,を目指して BNB Loses Over $2%

The fifth-largest cryptocurrency, Solana dropped marginally by 0.62% at press time to trade at $158.12. Additionally, the price of Solana saw a low and high of $156.21 and $161.78 respectively.

Meanwhile, XRP dropped within the last day. CMC data shows that the price of XRP slipped by 0.78% to trade at $0.5903. Its 24-hour lows and highs were recorded at $0.58 and $0.5988.

Binance Coin (BNB) declined notably over the last day. At the time of writing, the coin fell by 2.02% to trade at $553.07 and maintained a 24-hour range of $546.16 and $567.38 respectively.

The hype around Tron (TRX) has also washed off. The coin recorded substantial gains over the last week fueled by the news of an increase in the Tron ecosystem energy limit and the buzz around the SUNDOG coin and SunPump ecosystem.

At the time of writing, TRX plummeted by 2.18% to change hands at $0.1619 with 24-hour lows and highs of $0.1614 and $0.1683 respectively.

Meanwhile, Toncoin (TON) saw the most losses among the top 10 cryptocurrencies. The coin crashed by 4.04% to reach $5.40.

The memecoin market has shown notable losses in the last 24 hours. Dogecoin (DOGE) and Shiba Inu (SHIB), the two largest memecoins have declined within this time. While DOGE lost 2.71%, SHIB declined by 1.62%. Thus, DOGE and SHIB traded at $0.1061 and $0.00001472 respectively.

Top Trending Crypto Gainers TodayDOGS Rallies Over 138%,を目指して As VITE, Phala Network, Cream Finance, VIDT DAO also Post Double-Digit Gains

DOGS skyrocketed by 138.16% to reach $0.00129

VITE gained 20.92% to $0.02300

Phala Network (PHA) moved up by