What Happened in Crypto Market Today: September 10 Crypto News

What Happened in Crypto Market Today: Bitcoin, Altcoin, Memecoin news Red candles took over screens this Wednesday. If you're wondering what happened in crypto market today, the short version is this: Bitcoin slipped, altcoins followed, a brand new meme token lost almost everything it had, and Wall Street's biggest exchange operator just placed a massive bet on crypto's future. There's a lot to unpack, so let's walk through it piece by piece. Key Takeaways Bitcoin traded near $77,944, down over 1.3% in a day, dragging Ethereum, XRP, and Solana lower with it. Bitcoin ETFs bled $120.24 million in a single day, even as Ethereum, XRP, and Solana funds pulled in fresh cash. Hunter Biden's LAPTOP meme coin crashed 99.5% from its all-time high within a day of launch, while Pi Network gets set for its September 15 mainnet upgrade. How Big Was Today's Crypto Market Crash? The total crypto market cap stood at $2.75 trillion today, barely moving with a 0.5% change in 24 hours, as per Coingecko data. Trading volume hit $91.9 billion, and Bitcoin's share of the total pie sat at 56.9%, with Ethereum holding 11%. Underneath that calm headline number, things got messy fast. Bitcoin traded at $77,944.99, down more than 1.3% with a $1.564 trillion valuation. Ethereum slipped to $2,462.99, off 0.8%, with a $300.585 billion valuation. XRP dropped 3.1% to $1.37, holding an $86.233 billion valuation. Solana fell 2.5% to $100.93, valued at $59.18 billion. Every major coin closed the session in the red. Which Coins Are Today's Biggest Gainers and Losers? A handful of small tokens moved far more than the majors, both up and down. CoinPrice24h VolumeChangeBifrost (BFC)$0.03515$60,154,114+226.0%Memecow (MOO)$0.03814$9,369,913+63.7%VeThor (VTHO)$0.0006239$132,042,989+38.7%Hunter Biden's Laptop (LAPTOP)$0.7846$39,743,664-97.1%GreenHood (HOOD)$0.05225$8,164,332-46.7%Orbio.so (ORBIO)$0.01913$3,854,128-44.5% Bifrost led every gainer by a wide margin, while LAPTOP became the day's biggest faller, a coin we'll return to shortly. Why Did Memecoins Crash Hard Today? Meme tokens took a beating alongside the majors. Dogecoin fell over 6% to $0.085, holding a $13.248 billion valuation. Shiba Inu dropped 4.9% to $0.000005134, valued at $3.026 billion. Official Trump coin crashed over 10%, trading at $1.99 with a $544.044 million valuation. When risk appetite fades, meme tokens usually fall first and fall hardest, and that played out again today. Where Did Crypto ETF Money Move Today? Bitcoin funds took the hardest hit. Ark and 21Shares saw $77.98 million exit, Grayscale lost $27.22 million, and BlackRock gave up $19.53 million. Combined, these three drove a $120.24 million net outflow, the second biggest single day pull this month, as per SoSoValue data. Ethereum told a different story. BlackRock's ETHB fund brought in $22.94 million, the day's highest single inflow, showing buyers stayed interested even as prices slipped.