--- title: "Crypto market cap hovers $2.45t as Bitcoin, Solana, Ethereum, Dogecoin face downward pressure" url: https://diffcoin.com/crypto-market-cap-hovers-2-45t-as-bitcoin-solana-ethereum-dogecoin-face-downward-pressure/ description: "In what could be a knock-on effect from the traditional market, which saw the Japanese yen tumble to a 34-year low against the U.S. dollar, leading cryptocurrencies such as Bitcoin, Solana, and Dogecoin all saw their prices drop in the last 24 hours." published: 2024-04-27 updated: 2024-04-27 author: "Mila" site: "Diffcoin" --- # Crypto market cap hovers $2.45t as Bitcoin, Solana, Ethereum, Dogecoin face downward pressure Digital assets continue to struggle as the crypto market cap dips 1.28%. It currently hovers at around $2.45 trillion — a 94.5% change one year ago. In what could be a knock-on effect from the traditional market, which saw the Japanese yen tumble to a 34-year low against the U.S. dollar, leading cryptocurrencies such as Bitcoin (BTC), Solana (SOL), and Dogecoin (DOGE) all saw their prices drop in the last 24 hours. ### Bitcoin Per data from CoinMarketCap, Bitcoin is currently priced at $63,284, which is a 2.32% drop from 24 hours ago. In that period, the number one crypto recorded a trading volume of $22.89 billion, which was the second-highest amount in the last 24 hours. ![Crypto market cap hovers $2.45t as Bitcoin, Solana, Ethereum, Dogecoin face downward pressure - 1](https://crypto.news/app/uploads/2024/04/image-14.png) BTC 24-hr price chart | Source: CoinMarketCap While Bitcoin’s price is still more than 118% higher than it was at the same point a year ago, it is in the red over several other time frames. For instance, the current price signifies a 10% dip over 30 days, a 6.7% drop across a fortnight, and a more modest 1.3% loss in the last seven days. ## Solana On its part, Solana — fifth on the list of the biggest cryptocurrencies by market cap — saw its price go down by more than 4% in 24 hours. Currently, the coin is changing hands at $137.21 and has a 24-hour trading volume just north of $2.4 billion. ![Crypto market cap hovers $2.45t as Bitcoin, Solana, Ethereum, Dogecoin face downward pressure - 2](https://crypto.news/app/uploads/2024/04/image-15.png) SOL 24-hr price chart | Source: CoinMarketCap SOL has not fared any better over different time frames either. The current price represents a 25.6% drop from where it was 30 days ago, per data from CoinGecko. It also marks a nearly 8% dip across 14 days, as well as a 2.6% loss over 7 days. ## Ethereum Ethereum seems to have bucked the general negative trend, albeit rather modestly. At the time of writing, it was trading at about $3,137, which is a 0.23% uptick over the last day. The slight bump was accompanied by a 24-hour trading volume of $10.26 billion, making ETH the third most traded cryptocurrency after Tether and Bitcoin. ![Crypto market cap hovers $2.45t as Bitcoin, Solana, Ethereum, Dogecoin face downward pressure - 3](https://crypto.news/app/uploads/2024/04/image-15.png) ETH 24-hr price chart | Source: CoinMarketCap Ethereum’s gains over seven days are more significant, with the current price being a 4% improvement on where it was a week ago. However, the bearish sentiment that seems to have washed over the crypto market in the last month has not spared ETH either. It has lost more than 12% of its value in that time. ## Dogecoin Dogecoin — the largest meme token — also shed some of its value in the last 24 hours. The dog-themed coin shed nearly 3% of its price in that time. Trading at about $0.1451, Dogecoin’s value is also more than 30% lower than its level from a month ago. ![Crypto market cap hovers $2.45t as Bitcoin, Solana, Ethereum, Dogecoin face downward pressure - 4](https://crypto.news/app/uploads/2024/04/image-15.png) DOGE 24-hr price chart | Source: CoinMarketCap Its performance is reflected among other meme coins, including Pepe (PEPE), Dogwifhat (WIF), and Shiba Inu (SHIB), which are all currently in the red, with losses ranging between 2.82% and 7.87%. [Source link](https://crypto.news/crypto-market-cap-hovers-2-45t-as-bitcoin-solana-ethereum-dogecoin-face-downward-pressure/)