With Bitcoin falling below $62,000, Ethereum hovering around $3,000, SOL is facing a serious crash today.

The cryptocurrency market suffered a significant drop today, with Bitcoin falling below $63,000, Ethereum nearing $3,000, and Solana suffering a significant drop.

Major cryptocurrencies record bearish movements

Bitcoin (BTC) It struggled near the $62,000 level and was on the decline despite a brief bounce on Monday. Meanwhile, Ethereum (ETH) almost fell below $3,000, suggesting potential bearish sentiment in the market.

Bitcoin and Ethereum prices fall

Bitcoin price fell 3.95% to $62,375.46, while trading volume surged to $45 billion. Ethereum also fell 3.44% to $3,033.71, and trading volume increased to $22.78 billion.

Altcoins experience significant declines

Several top altcoins, including: Solana (SUN) And XRP suffered significant losses due to the widespread market downturn.

Solana and XRP witness sharp decline

The price of Solana fell 10.82% to $132.46, while XRP fell below $0.49, down 3%.

Notable achievements amid market turmoil

While many cryptocurrencies have faced declines, some outliers have seen significant bounces amid the market turmoil.

Core cryptocurrency surges 62%

Core (CORE), an EVM-compatible L1 project, was the top gainer, rising more than 62% to $2.35. Trading volume also surged 326.46%, reaching $699.24 million.

In summary, the cryptocurrency market today has experienced a notable downturn, with major cryptocurrencies such as Bitcoin and Ethereum seeing significant declines. However, amid the market turmoil, certain cryptocurrencies such as Core have recorded significant rebounds, demonstrating the volatility and unpredictability of the cryptocurrency market.