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.
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.
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.
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.
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.
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
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.
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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