The cryptocurrency market seems to be bouncing back from the choppy trading on Tuesday, September 26, as investors are regaining confidence in the market. The recent macroeconomic factors as well as the regulatory hurdles have so far subdued the risk-bet appetite of the traders, wiping off the initial gains of last week in the market. However, the crypto market fear and greed index was at 39, indicating a still-fear zone.
Meanwhile, the largest crypto by market cap, Bitcoin price was still struggling below the $27,000 level, and traded at 0.72% up to $26,360.27 from yesterday. Its past 24-hour volume soared 7.18% to $10.75 billion as of writing.
Among other cryptos, the Ethereum price added 0.96% over the past 24 hours to $1,592.10 during writing. However, despite the recent gains, its price was down over 2.6% over the past week, while its one-day volume decreased by 0.98% to $3.78 billion.
The Cardano price traded at $0.2463 on September 26, noting a surge of 0.86% from yesterday. Its market cap also noted a similar gain to $8.65 billion, and its one-day volume soared 40.3% to $117.34 million. Simultaneously, the Polkadot price surged 1.40% to $4.06 during writing, and its volume jumped 33.8% to $97.65 million.
However, the sentiment in the meme coins segment was mixed today. The Dogecoin price was up 0.27% to $0.06106 over the last 24 hours, and its volume was down 18.17% to $104.20 million. On the other hand, the Shiba Inu price slumped 0.78% to $0.000007312 during writing on Tuesday.
Meanwhile, the gains in the Bitcoin price, as well as most of the major cryptos have led to gains in the broader market today. The global crypto market cap rose 0.70% to $1.05 trillion from yesterday, and its volume rose 9.09% to $22.79 billion.
The Pepe Coin price was up 2.94% to $0.0000007144 over the last 24 hours, and its volume jumped 35.16% to $68.56 million during writing on Tuesday. The meme coin seems to be witnessing a period of consolidation, which might keep its momentum stable in the coming days. Over the last week, it has added over 12%.
The Frax Share price traded at $5.76, up 5.28% from yesterday, and its one-day volume soared 59.55% to $19.15 million. The market cap of the crypto also added 5.31% to $427.11 million during writing. Although there is no news for the recent surge, it seems that the investors as well as the analysts are bullish on the crypto’s future performance.
The Chainlink price was up 4.03% to $7.50 during writing on September 26. The crypto’s one-day volume jumped 37.83% to $253.76 million, and its market cap jumped 4% to $4.17 billion. It has recently announced that Coin98 Labs, the creator of the all-in-one DeFi platform Coin98 Finance, has formed a channel partnership with Chainlink. The partnership aims to enable the Southeast Asian developer community to access premium Web3 services and marketing prospects.
The Maker price jumped 4.32% to $1,338.31 as of writing, and its volume for the last 24 hours rose 27.02% to $57.73 million. Crypto has notable attention from investors lately, evidenced by a gain of nearly 7% over the last seven days.
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