Crypto News

Crypto Prices Today August 17: BTC Holds $59K, HNT Soars 6%

Crypto prices today: Bitcoin holds firm at the $59K mark amid ETF inflows. HNT soars 6% & altcoins illustrate mixed price actions.
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Crypto Prices Today August 17: BTC Holds $59K, HNT Soars 6%

Highlights

  • Bitcoin gains momentum with inflows in ETFs.
  • Ethereum battles market turbulence amid ETH ETFs' sluggish performance.
  • However, Helium and Aave emerged among the day's top crypto market gainers.

The crypto prices today have mainly fueled mixed investor sentiments, showcasing a trading session both in red and green territories. Bitcoin (BTC) price rested at the $59K level, whereas Ethereum traded near $2,600. Solana (SOL) traded in the red zone while XRP traded slightly in the green. Besides, HNT and AAVE emerged among the day’s top gainers.

Further, the global crypto market cap witnessed a 1.03% increase in value to $2.07 trillion today. However, the total crypto market volume saw an 18.75% decrease to $60.43 billion.

Here’s a brief report on some of the leading cryptocurrencies by market cap and their price run today, August 17.

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Crypto Prices Today

Bitcoin Price Today

As mentioned above, BTC price rested at $59,140 today, a 2% increase in value over the past 24 hours. The coin’s intraday lows and highs were $57,582.98 and $59,847.36, respectively.

Bitcoin’s dominance stood at 56.26% today, a 0.38% increase over the past day. The flagship crypto’s pumping price movement comes against the backdrop of $36.01M inflows in Bitcoin ETFs as of August 16. A recent report by CoinGape spotlighted that BTC’s rising price action also aligns with improved macro sentiment.

On the other hand, despite the US Marshal Service (USMS) selling Silk Road Bitcoin, the coin has traded in the green.

Source: CoinMarketCap

Ethereum Price Today

Meanwhile, the ETH price jumped 0.56% in the past 24 hours to trade at $2,596. Its 24-hour lows and highs were $2,556 and $2,629, respectively.

Notably, data by Soso Value shows $15 million outflows in spot Ether ETFs as of August 16. Ethereum’s market cap stood at $312.27 billion.

Intriguingly, asset manager Franklin Templeton filed to launch a Crypto Index ETF encompassing Bitcoin and Ether recently.

Solana Price Today

Simultaneously, the crypto SOL’s price witnessed a 2% dip in the past 24 hours to rest at $138.86. Its intraday lows and highs were $136.38 and $144.80, respectively.

XRP Price Today

XRP price showcased signs of consolidation, jumping marginally by 0.13% over the past day to $0.563. The token’s 24-hour lows and highs were $0.5548 and $0.5703, respectively.

DOGE & SHIB Prices

DOGE price saw a marginal 0.12% increase as of writing to $0.1007. SHIB price conversely slipped 0.45% to $0.00001326 despite the ShibTorch auto burning feature going live on Shibarium.

Also, Pepe coin (PEPE), dogwifhat (WIF), and BONK prices tanked 2%-5% today.

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Crypto Gainers Today

Helium (HNT) price soared 6% to $7.
Aave (AAVE) price surged 5% to $113.69.
dYdX (DYDX) price was up 5% to $1.08.
Arweave (AR) price gained 4% to $21.44.

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Crypto Losers Today

Sui (SUI) price fell 7% to $0.8024.
Fantom (FTM) price tanked 5% to $0.3639
Brett (BRETT) price also showed signs of a pullback, slipping 5% to $0.07995.
Celestia (TIA) price followed, waning 4.5% to $5.12.

Besides, the hourly time frame charts illustrated that Bitcoin gained 0.36% whereas ETH gained 0.35%, stirring additional speculations on the crypto prices today.

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CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.

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Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
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