Tether Gold

Artificial Superintelligence Alliance

Akash Network

Solana

<p>The crypto prices today have shown signs of a recovery after the recent black Monday witnessed across the broader markets. Bitcoin’s (BTC) price gained to reach the $55K mark today, whereas leading altcoins Ethereum (ETH), Solana (SOL), and XRP pumped in tandem with the broader trend.</p> 
<p>Notably, the global crypto market cap surged 3.97% to $1.97 trillion today. Further, the total crypto market volume over the past day saw a remarkable 73.92% increase to $212.48 billion.</p> 
<p>Here’s a brief collection of some of the leading cryptocurrencies by market cap and their price movements today, August 6.</p> 
<h2 id="crypto-prices-today">Crypto Prices Today</h2> 
<h3 id="bitcoin-price">Bitcoin Price</h3> 
<p>The BTC price chart illustrated gains worth 3.12% over the past day, reaching $55,848.13. Its 24-hour lows and tops were recorded as $49,121.24 and $56,271.37, respectively.</p> 
<p>The flagship crypto’s price encountered significant volatility recently, slipping below the $50K mark amid the <a href="https://coingape.com/us-fed-calls-emergency-meeting-as-japan-markets-collapse/" target="_blank" rel="noopener">Japanese market collapse</a>. However, today, as the market recovered, with Nikkei up nearly 10%, the crypto market also saw bolstered movements.</p> 
<p>Besides, Bitcoin’s dominance fell 0.78% over the past day to 55.82%. This hinted toward a better-performing altcoins sector today.</p> 
<p>Besides, the outflows in BTC ETFs totalled $168.44 million as of August 5, per data by <a rel="nofollow" href="https://sosovalue.xyz/assets/etf/us-btc-spot" target="_blank">Soso Value.</a></p> 
<p><img decoding="async" class="aligncenter wp-image-211098" src="https://coingape.com/wp-content/uploads/2024/08/Screenshot-2024-08-06-at-9.05.46 AM.png" alt="BTC Price August 6" width="571" height="334" srcset="https://coingape.com/wp-content/uploads/2024/08/Screenshot-2024-08-06-at-9.05.46 AM.png 1452w, https://coingape.com/wp-content/uploads/2024/08/Screenshot-2024-08-06-at-9.05.46 AM-300x176.png 300w, https://coingape.com/wp-content/uploads/2024/08/Screenshot-2024-08-06-at-9.05.46 AM-1224x717.png 1224w, https://coingape.com/wp-content/uploads/2024/08/Screenshot-2024-08-06-at-9.05.46 AM-768x450.png 768w, https://coingape.com/wp-content/uploads/2024/08/Screenshot-2024-08-06-at-9.05.46 AM-150x88.png 150w" sizes="(max-width: 571px) 100vw, 571px"></p> 
<h3 id="ethereum-price">Ethereum Price</h3> 
<p>The <a href="https://coingape.com/markets/why-ethereum-price-is-dropping/" target="_blank" rel="noopener">ETH price</a> chart showcased a significant 7.15% upswing in the past 24 hours, with the coin resting at $2,492.48 at press time. The 24-hour bottoms and peaks were recorded as $2,162.32 and $2,547.98, respectively.</p> 
<p>Tron founder <a href="https://coingape.com/tron-founder-justin-sun-scoops-additional-14884-ethereum-eth-amid-market-recovery/" target="_blank" rel="noopener">Justin Sun</a> was recorded as having withdrawn 14,884 ETH amid the recent crypto market crash. This phenomenon underscored a potential buy-the-dip strategy, glimmering optimism on the coin’s future price movements.</p> 
<p>Additionally, the Ethereum ETFs saw inflows of $48.8 million as of August 5 despite the bloodbath in the crypto market.</p> 
<p><img decoding="async" class="aligncenter wp-image-211099" src="https://coingape.com/wp-content/uploads/2024/08/Screenshot-2024-08-06-at-9.14.25 AM.png" alt="ETH Price August 6" width="567" height="332" srcset="https://coingape.com/wp-content/uploads/2024/08/Screenshot-2024-08-06-at-9.14.25 AM.png 1440w, https://coingape.com/wp-content/uploads/2024/08/Screenshot-2024-08-06-at-9.14.25 AM-300x176.png 300w, https://coingape.com/wp-content/uploads/2024/08/Screenshot-2024-08-06-at-9.14.25 AM-1224x717.png 1224w, https://coingape.com/wp-content/uploads/2024/08/Screenshot-2024-08-06-at-9.14.25 AM-768x450.png 768w, https://coingape.com/wp-content/uploads/2024/08/Screenshot-2024-08-06-at-9.14.25 AM-150x88.png 150w" sizes="(max-width: 567px) 100vw, 567px"></p> 
<h3 id="solana-price">Solana Price</h3> 
<p>Simultaneously, the crypto <a href="https://coingape.com/markets/solana-price-extends-bearish-reach-as-on-chain-volume-drops-30/" target="_blank" rel="noopener">SOL’s price</a> experienced a 7.43% pump in value over the past day to reach $139.05. Solana’s 24-hour lows and peaks were recorded as $110.61 and $141.02, respectively.</p> 
<p><img decoding="async" class="aligncenter wp-image-211100" src="https://coingape.com/wp-content/uploads/2024/08/Screenshot-2024-08-06-at-9.20.55 AM.png" alt="Crypto SOL price August 6" width="570" height="330" srcset="https://coingape.com/wp-content/uploads/2024/08/Screenshot-2024-08-06-at-9.20.55 AM.png 1446w, https://coingape.com/wp-content/uploads/2024/08/Screenshot-2024-08-06-at-9.20.55 AM-300x174.png 300w, https://coingape.com/wp-content/uploads/2024/08/Screenshot-2024-08-06-at-9.20.55 AM-1224x709.png 1224w, https://coingape.com/wp-content/uploads/2024/08/Screenshot-2024-08-06-at-9.20.55 AM-768x445.png 768w, https://coingape.com/wp-content/uploads/2024/08/Screenshot-2024-08-06-at-9.20.55 AM-150x87.png 150w" sizes="(max-width: 570px) 100vw, 570px"></p> 
<h3 id="xrp-price">XRP Price</h3> 
<p>The Ripple Labs-backed coin, XRP, witnessed a 7.84% rise in value to reach 0.5127. XRP’s 24-hour slumps and peaks were $0.4335 and $0.5154, respectively.</p> 
<h3 id="doge-shib-prices">DOGE &amp; SHIB Prices</h3> 
<p>Similarly, the meme coin sector mimicked the broader market trend today. Dogecoin (DOGE) price saw a 6.36% upswing in value to reach $0.9877. Further, Shiba Inu’s <a href="https://coingape.com/price/shiba-inu/" target="_blank" rel="noopener">(SHIB) price</a> witnessed a 13.46% price upswing to $0.00001364.</p> 
<p>Also, it’s worth mentioning that PEPE, WIF, and FLOKI upsurged 7%-9%.</p> 
<p><strong>Also Read: <a href="https://coingape.com/bitcoin-etf-europe-capula-management-discloses-500-mln-holding/" target="_blank" rel="noopener">Bitcoin ETF: Europe’s Capula Management Discloses $500 Mln Holding</a></strong></p> 
<h2 id="crypto-gainers-today">Crypto Gainers Today</h2> 
<p>Akash Network (AKT) price surged 36.20% to $2.70.<br> Bittensor (TAO) price soared 30.75% to $252.01.<br> Brett (BRETT) price gained 19.94% to reach $0.09487.<br> Mantle (MNT) price rose 19.12% to $0.6142.</p> 
<h2 id="crypto-losers-today">Crypto Losers Today</h2> 
<p>Tether Gold (XAUt) price fell 1.28% to $2,410.92.<br> dYdX (DYDX) price slipped 0.55% to $1.<br> Artificial Superintelligence Alliance (ASI) price tumbled 0.40% to $0.8462.<br> TRON (TRX) price waned 0.16% to $0.122.</p> 
<p>Besides, the hourly time frame charts continued to showcase a bullish presence for BTC and ETH. However, XRP and SOL showed a waning movement in the interim. This data has ignited additional investor speculation on the crypto prices today.</p> 
<p><strong>Also Read</strong>: <strong><a href="https://coingape.com/ripplex-schedules-xrpl-testnet-reset-to-boost-these-features/" target="_blank" rel="noopener">RippleX Schedules XRPL Testnet Reset to Boost These Features</a></strong></p> 
<p>The post <a href="https://coingape.com/crypto-prices-today-august-6-btc-regains-55k-eth-sol-xrp-pump/">Crypto Prices Today August 6: BTC Regains $55K, ETH, SOL, &amp; XRP Pump</a> appeared first on <a href="https://coingape.com">CoinGape</a>.</p>

Crypto Prices Today August 6: BTC Regains $55K, ETH, SOL, & XRP Pump

Table of Contents

Coingape News Media

Other articles published on Aug 6, 2024

Bitcoin wallets holding between 1,000 and 10,000 BTC increase their holdings

Top XRP Trader Comes Out of Retirement to Show Why this $0.034 Ethereum Token is Heading for a 1,...

Bitwise CIO Matt Hougan: Bitcoin Sell-Off Is A Buying Opportunity

Ripple’s XRP Climbs to 14% of Global Trading Volume as US Demand Rebounds to Pre-SEC Levels

Senators Demand CFTC Action to Ban Election Betting Before U.S. 2024 Election

How BlackRock’s Bitcoin ETF surged amid a BTC price drop

Join our free newsletter for daily crypto updates!