Crypto Market Update: STRK Plunges 5%, ICP Dips as WIF Gains 6%


Crypto Market Update: STRK Plunges 5%, ICP Dips as WIF Gains 6%

  coinedition.com 18 July 2024 11:48, UTC

The global cryptocurrency market has recently dipped 1.07% to a still-robust $2.38 trillion valuation. Despite this downturn, major players like Bitcoin and Ethereum have relatively stabilized, with Bitcoin holding strong at just over $64,500 and Ethereum hovering around $3,400.

However, not all digital assets have fared as well in these turbulent waters. Tokens such as WIF, ICP, STRK, and ONDO have been significantly impacted, mirroring a dramatic 19.24% plunge in total market volume over the past day.

STRK Falls Over 5%, ONDO Recovers from $1.05 Low

Despite recording positive price action on the weekly chart, Starknet (STRK) saw one of the most significant declines. Over the past 24 hours, STRK’s price fell by 5.97%, opening at $0.6471 and reaching an intraday low of $0.588 before stabilizing at $0.6044.

This decline has further impacted its market capitalization, which now stands at $882.58 million, ranking it 78th. STRK’s 24-hour trading volume decreased by 10% to $82.77 million. Despite these challenges, STRK’s weekly performance shows a slight increase of 1.19% compared to its opening price of $0.598.

Similarly, Ondo (ONDO) has declined by 3.01% over the past 24 hours. Currently, ONDO is trading at $1.09, having rebounded from an intraday low of $1.05. Despite the recent losses, ONDO has shown long-term bullish tendencies, maintaining a weekly gain of over 9%. The market cap for ONDO is reported at $1.51 billion, ranking it 57th.

ICP Price Dips to $9.83 Amid WIF’s 6% Gain

ICP has displayed considerable volatility, fluctuating between an intraday low of $9.82 and an intraday high of $10.44 in the last 24 hours. At the time of reporting, ICP’s price is $9.83, marking a 2.09% dip for the day.

Notably, ICP’s price has plummeted by 98.68% from its all-time high of $750.73, recorded three years ago. ICP’s market cap has decreased by 1.99% to $4.59 billion, positioning it 24th in the rankings. Conversely, ICP’s 24-hour trading volume surged 5.09% to $157.19 million.

In contrast to the general market trend, the WIF token has shown a positive trajectory with a 6.63% gain in the last day, now trading at $2.36. This marks a rebound from an intraday low of $2.11.

The bullish momentum is further reflected in WIF’s weekly performance, increasing by over 42%. Moreover, WIF’s market capitalization has risen by 7.47% to $2.36 billion, ranking it 44th. However, the trading volume for WIF has dropped by 24.40% to $415.9 million, indicating prevailing negative sentiment.

Disclaimer: The views, opinions, and information shared in this price prediction are published in good faith. Readers must do their research and due diligence. Any action taken by the reader is strictly at their own risk. Coin Edition and its affiliates will not be liable for direct or indirect damage or loss.

Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

Leave a Reply

Your email address will not be published. Required fields are marked *

Back To Top