The crypto market continued its positive run on Wednesday, September 20, as the market participants seemed to be optimistic about the cryptocurrency segment. However, the performance of the major cryptos remains mixed, suggesting that investors are trading cautiously ahead of several big updates this week. As of writing, the crypto market fear and greed index stayed at 47, suggesting a neutral scenario in the market.
The Bitcoin price was $27,126.38 during writing on Wednesday, with a surge of 1.02% over the past 24 hours. The continuing gains in the largest crypto by market cap indicate that the investors are regaining confidence in its future performance. Meanwhile, some are still waiting for Bitcoin to cross its threshold level of $30,000.
Among other altcoins, the Ethereum price was also up by 0.14% to $1,638.48, and its last 24-hour volume was down 19.34% to $4,311,067,978. The Polygon price also gained 1.98% to $0.5403 on Wednesday, while the Chainlink price rose 2.24% to $6.92.
In the meme coins segment, the Dogecoin price was down 0.04% to $0.06243 on September 20, and its one-day volume plummeted 8.17% to $190,218,799. On the other hand, the Shiba Inu price added 1.25% to $0.000007386 during writing, while its volume declined 4.43% to $76.82 million.
The global crypto market holds steady with gains in most of the cryptos, and its market cap rose 0.78% to $1.07 trillion over the past 24 hours. Meanwhile, the total volume of the market noted decline of 8.01% to $27.71 billion.
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One of the most popular meme coins that has gained attention from investors lately, the Pepe coin price rose 0.10% to $0.0000006371 during writing, and its volume from yesterday plunged 3175% to $32.77 million. The slight gains in the crypto suggested that the investors are still keeping a close watch on the crypto, despite its recent downturn performance.
The Flare price traded at $0.01171 on September 20, with gains of 6.25% over the past 24 hours. Its volume also skyrocketed 155.85% from yesterday and was at $10,238,165. Although there is no apparent news for its recent surge, the discussion between Flare’s co-founder, Hugo Philion, and the CEO of Enosys on September 19 might have attracted investors’ attention.
The KuCoin price was up 3.33% during writing and traded at $4.49. Meanwhile, its last 24-hour volume slipped 3.16% to $698,915.
As of writing, the Arbitrum price was up 3.06% and traded at $0.8588, making it one of the top gainers in the market. Its volume also rose at the same rate and stayed at $136,313,201. Meanwhile, in a recent announcement, Arbitrum said that in a significant update, Arbitrum Portal has become much more user-friendly and accessible for exploring its ecosystem.
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