Crypto Prices Today: Bitcoin Drops Below $46K, Pepe Price Crashes, While SUI Price Soars 18%

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Cryptocurrencies were awash with red in morning trade on Friday. Major digital assets, including the OG cryptocurrency Bitcoin, witnessed a drop in their prices amid a wider crypto sell-off.

Data from CoinGlass suggests that more than $230 million in crypto were liquidated over the last 24 hours, with $43.2 million Bitcoin long positions liquidated alone.

This comes despite the launch of a suite of spot Bitcoin ETFs in the US, which clocked trading volumes upwards of $1.5 billion on opening day.

Bitcoin (BTC) price slipped under $46,000 levels, and last changed hands at $45,917, down nearly 1% over the last 24 hours. The market cap of Bitcoin fell to $900 billion while trading volumes jumped a whopping 103% to $44 billion over the last 24 hours.

Ethereum — the third largest crypto — followed a similar downward spiral, sliding over 0.7% over the last 24 hours to $2,590. As of writing, Ether commanded a market cap of $311.3 billion while trading volumes stood at $19.6 billion, up 68% over the last 24 hours.

Tether (USDT) price fell marginally to $0.99, BNB climbed 1.3% to $311.14, while Solana declined 3% to $97.9. Meanwhile, XRP was down 1% over the past 24 hours, and Avalanche (ADA) was off by 0.9%.

Amid the price decline, the global crypto market slid nearly 0.5% to $1.76 trillion. The fear and greed index level stood at 73, indicating investor sentiment was positive.

Top 3 Cryptos For Today

Pepe Price Dips 4%

The price of Pepe Coin plunged over 4% over the last 24 hours to $0.000001334, with its market cap falling to $561 million. Its trading volume over the last 24 hours went down by over 14% to $208 million.

Pepe Price Chart

SUI Price Jumps Over 18%

The SUI cryptocurrency saw more than 18% increase in the last 24 hours. At press time, SUI price stood at $1.08, while its market cap expanded to $1.19 billion. The 24-hour trading volumes surged a whopping 162% to $889.2 million.