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Crypto Prices Today: Bitcoin (BTC) and Ethereum (ETH) Prices Tumble Nearly 2%, Tron (TRON) Emerges as a Top Gainer

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Release: 2024-08-21 15:33:13
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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.

Crypto Prices Today: Bitcoin (BTC) and Ethereum (ETH) Prices Tumble Nearly 2%, Tron (TRON) Emerges as a Top Gainer

Cryptocurrency prices varied on Sunday evening, with some tokens rising and others falling.

Bitcoin and Ethereum both saw price decreases, while Tron emerged among the day’s top gainers.

The global crypto market cap saw a 1.53% decrease to reach $2.1 trillion, and the total crypto market volume increased by 4.98% to reach $64.72 billion in the past 24 hours.

Here’s a closer look at some of the leading cryptocurrencies by market cap and their price action today, August 21.

Crypto Prices Today: Top Gainers and Losers

Bitcoin Price Today: Falls 2%

BTC price rested at $59,291 (roughly Rs. 43.8 lakhs) today, showcasing a 2% decrease in the past 24 hours. The coin’s 24-hour lows and highs were noted at $58,610.88 (roughly Rs. 43.2 lakhs) and $61,396.33 (roughly Rs. 45.3 lakhs), respectively.

Bitcoin’s dominance stood at 55.74%, showcasing a 0.29% decrease over the past day. This waning movement comes despite $88.06 million (roughly Rs. 648 crores) inflows in Bitcoin ETFs as of August 20, per Soso Value data, sparking concerns among investors.

Meanwhile, 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 BTC could witness a post-halving rally ahead, igniting uncertainty over future movements.

Ethereum Price Today: Slips 2%

ETH price slipped 2% in the past 24 hours to reach $2,593 (roughly Rs. 1.91 lakhs) today. Intraday lows and highs were recorded at $2,556.75 (roughly Rs. 1.88 lakhs) and $2,695.91 (roughly Rs. 1.99 lakhs), respectively.

The spot Ethereum ETFs saw $6.49 million (roughly Rs. 47.6 crores) in outflows as of August 20, aligning with the token’s volatile movement. Ethereum’s market cap stood at $311.95 billion (roughly Rs. 22,901,200 crores) today.

Solana Price Today: Rises Marginally

Solana (SOL) price showcased a marginal rise of nearly 0.10% in the past 24 hours to reach $144.02 (roughly Rs. 10,600) today. The token’s intraday lows and highs were recorded at $141.05 (roughly Rs. 10,300) and $146.12 (roughly Rs. 10,700), respectively.

SOL price has seen a 4.08% decrease over the past week, and a 36.83% rise in the past 30 days. The token’s price is still up by 11,263.03% over the past year.

Among other top cryptocurrencies, BNB and XRP prices both saw a slight decrease, whereas ADA, DOGE, and SHIB prices noted minor increases. Among the day’s top gainers were TRX, GMT, and GAL tokens, that noted up to 6% gains in the past 24 hours.

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