Crypto News

Crypto Prices Today August 9: BTC Tops $61K, SUI Soars 30% Amid Market Uptrend

The crypto prices today have mainly taken a bullish turn, as seen by BTC and ETH gaining nearly 7% and 11%, respectively. However, massive options expiry loom over the horizon.
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Crypto Prices Today August 9: BTC Tops $61K, SUI Soars 30% Amid Market Uptrend

Highlights

  • BTC pumps unprecedently, riding the back of massive buying.
  • The altcoin market mainly mirrors the broader uptrend.
  • However, XRP traded in the red zone despite recent legal relief.

The crypto prices today have mainly embarked upon an attention-nabbing upward momentum. Bitcoin (BTC) price pumped unprecedently to catch a hold above $61K. Meanwhile, Ethereum (ETH) rallied roughly 11% to near the $2,700 price level. Simultaneously, Solana (SOL) witnessed considerable gains, although XRP traded in the red territory.

The global crypto market cap upsurged 6.36% to $2.15 trillion today. However, the total crypto market volume decreased 5.10% to $94.06 billion.

Here’s a brief report on some of the leading cryptocurrencies by market cap and their price action today, August 9.

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Crypto Prices Today

Bitcoin Price

The BTC price illustrated gains worth 7.27% in the past 24 hours and is currently resting at $61,343.58. Its 24-hour bottoms and tops were $56,690.09 and $62,673.76, respectively.

Bitcoin’s dominance saw a 0.31% increase over the past day to 56.42%. This upswing comes against the backdrop of strong Bitcoin buying in the U.S., further accompanied by massive whale buying.

Besides, it’s also worth mentioning that Derbies data indicated a staggering 32,000 BTC options contracts set to expire today, with a put call ratio of 0.71.

Ethereum Price

Whereas, the ETH price gained 11.03% as of writing to trade at $2,700.25. The coin’s 24-hour lows and peaks were recorded to be $2,411.83 and $2,721.95, respectively.

Ethereum’s market cap stood at $$324.75 billion today, a 10.38% increase from yesterday. Additionally, it’s worth noting that 206,000 ETH options are set to expire today with a put call ratio of 0.96.

Solana Price

Meanwhile, the crypto SOL’s price saw a 2.86% jump to reach $157.24 today. Solana’s 24-hour low and tops were recorded as $151.74 and $163.18, respectively.

XRP Price

Defying the broader market uptrend, the XRP price slipped slightly by 0.51% over the past day to reach $0.6123. Its 24-hour bottoms and peaks were recorded as $0.5962 and $0.6416, respectively.

DOGE & SHIB Prices

Nonetheless, the meme coin sector noted remarkable price gains over the past day, aligning with the broader trend. Dogecoin (DOGE) price saw a 5.38% upswing in value to reach $0.1055, whereas Shiba Inu rose 5.01% to trade at $0.0000141.

In the interim, PEPE, WIF, and FLOKI soared 2%-11%.

Also Read: Crypto Execs Push for Gary Gensler’s Removal in White House Meeting

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Crypto Gainers Today

Sui (SUI) price soared 30.16% to $0.8394.
Celestia (TIA) price surged 18.87% to $5.68.
Helium (HNT) price gained 17.99% to $5.88.
Bittensor (TAO) price rallied 16.63% to $311.93.

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Crypto Losers Today

Aave (AAVE) price dipped 4.04% to $99.29.
MANTRA (OM) price fell 1.51% to $0.9988.
Stellar (XLM) price tumbled 1.36% to $0.1021.
Akash Network (AKT) price saw a marginal 0.34% fall to $2.62.

However, the hourly time frame charts further illustrated a volatile movement for BTC and ETH, as prices slipped 0.58% and 0.56%, respectively. This hinted that turbulence in the crypto prices today might be expected as the day longs.

Also Read: Shiba Inu News: Shibarium Reveals Major Hard Fork Upgrade To Boost Token Burn

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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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