Is Crypto Too Expensive?

Crypto Prices Update for March 23: BTC Falls Below $64K, ETH at $3300, XRP & SOL Cries

Today, crypto prices saw a substantial decline with Bitcoin dropping below $64,000 and Ethereum nearing the $3,300 mark.

The leading crypto prices today took a bearish turn as Bitcoin (BTC) fell below $64,000 again. Alongside, Ethereum’s value dipped below $3,400. Meanwhile, notable altcoins like XRP and Cardano (ADA) surged, while Solana faced a decline.

Today’s Key Crypto Prices
The Bitcoin price declined by 2.96%, reaching $63,980.52 at the time of writing on Saturday, March 23rd. Simultaneously, its trading volume decreased by 3.96% to $40.30 billion over the last 24 hours.

Meanwhile, the cryptocurrency boasted a market capitalization of $1.25 trillion.Looking at alternative coins, the Ethereum price increased by 5.45% to $3,331.53 at press time, with a market valuation of $399.85 billion.

However, ETH observed a 2.90% decline in trading volume, reaching $20.24 billion. Conversely, the Binance Coin (BNB) price fell by 4.75% to $551.15. Nevertheless, its 24-hour trade volume rose by 7.41% to $2.84 billion.

The Solana price approached dropping below the $170 mark again, down by 3.77% to settle at $172.33. Additionally, SOL experienced a 21.58% decline in trade volume to $3.99 billion over the last 24 hours.

Meanwhile, the XRP price slipped below the $0.62 level, recording a decline of 3.81% to $0.6121. Conversely, XRP’s trading volume decreased by 34.67% to $1.85 billion.

At the same time, the Cardano price dipped 2.19% to $0.6207 today. ADA also saw a 7.65% decrease in its 24-hour trading volume, settling at $576.36 million.

As the leading cryptocurrency faced a bearish session, popular meme coins encountered volatility. Dogecoin’s price rose by 2.56% to $0.1605, whereas its competitor, Shiba Inu, experienced a 1.28% drop, trading at $0.000027.
Crypto Prices Update for March 23: BTC Falls Below $64K, ETH at $3300, XRP & SOL Cries
Pepe Coin (PEPE) Experiences a 7% Decline
The Pepe Coin (PEPE) cryptocurrency, known for its popularity as a meme coin, underwent a significant setback.

Currently, the Pepe Coin price has declined by 7.28% to $0.000007441, with a market capitalization of $3.12 billion. Furthermore, its 24-hour trading volume has dropped by 12.48% to $867.76 million.

Toncoin (TON) Surges by 8%
Toncoin (TON), a cryptocurrency launched by Telegram, experienced a remarkable rally of over 8%, emerging as the top gainer in today’s bearish market. The Toncoin price surged by 8.38% to reach $4.65 at the time of reporting.

However, its trading volume saw a significant drop of 96.85% to $214.68 million. Additionally, Toncoin reached a high of $4.68 during today’s rally.

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