The crypto prices today have reverberated optimism among market watchers across the globe. Bitcoin (BTC) price pumped hard to cross $60K, whereas Ethereum (ETH) and Solana (SOL) followed, noting gains. However, XRP price today defied the broader market trend and traded in the red zone.
Nevertheless, the global crypto market cap surged 3.33% in the past 24 hours to $2.08 trillion. Moreover, the total market volume saw a remarkable 20.26% increase in value to $75.85 billion. Here’s a brief overlook into some of the top cryptocurrencies by market cap and their price movements today, September 18.
As the FOMC looms over the horizon and expectations of a rate cut by the Fed burgeon, risk assets such as Bitcoin have traded with quite the flux recently, sparking investor speculations globally. BTC recovered from the $58K level to the $60K level over the day, whereas ETH topped $2,300 in the interim. Altcoins have also mainly mirrored an uptrend, although some defy the market sentiment.
BTC price rested at $60,660 today, a gain of nearly 4% in the past 24 hours. The coin’s intraday low and high were recorded as $58,035.24 and $61,316.09, respectively.
This pumping movement primarily aligns with a staggering $186.76 million inflows in Bitcoin ETFs as of September 17, per Soso Value data. Meanwhile, Bitcoin’s dominance over the past day saw a 0.58% increase in value to $57.27%. Besides, the flagship coin’s market cap rested at $1.2 trillion today.
Simultaneously, ETH price gained 2% in the past 24 hours and is currently trading at $2,334. The coin’s intraday low and high were recorded as $2,282.34 and $2,392.15, respectively.
Despite spot Ethereum ETFs registering outflows worth $15.11 million, the coin has maintained a pump in line with today’s broader market trend. ETH’s market cap rested at $281.11 billion today.
Intriguingly, a recent ETH price analysis by CoinGape reveals key factors behind the token’s rising action, underscoring increased investor interest, resiliency, and other significant factors.
SOL price today gained slightly by 0.4% over the past 24 hours and is currently sitting at $131. The crypto’s 24-hour low and high were $130.37 and $135.49, respectively. Solana’s market cap stood at $61.64 billion today.
However, XRP price slipped 1% in the past 24 hours, defying the broader trend to rest at $0.5805. The coin’s intraday low and high were $0.5767 and $0.5932, respectively. XRP’s market cap rested at $32.73 billion today. This waning movement comes after Ripple’s Chris Larsen made a whopping 50 million XRP transfer, sparking discussions across the market.
Simultaneously, Dogecoin price saw a 1% gain in value to $0.1.13 today against the backdrop of renewed network activity. Similarly, Shiba Inu gained 1% to $0.00001338.
PEPE, WIF, and FLOKI prices rose 2-3% in the past 24 hours, reflecting the meme sector’s optimistic sentiment.
The top crypto gainers for today are-
CKB price gained 26% over the past day and is currently trading at $0.01968. Its intraday low and peak were recorded as $0.01549 and $0.01978, respectively.
TAO price surged 14% in the past 24 hours and is currently sitting at $328.63. Its 24-hour low and high were $287.60 and $334.65, respectively.
SUI price pumped 11% over the past day and is now trading at $1.19. The crypto’s 24-hour low and peak was $1.08 and $1.23, respectively.
HNT price dipped 3% to trade at $6.76 today. Its intraday low and high were $6.67 and $7.11, respectively.
MKR price slipped 2% over the past day to trade at $1,485. The crypto’s 24-hour low and high were $1,482.70 and $1,566.66, respectively.
AR price tumbled nearly 1.5% in the past 24 hours to trade at $18.72. The coin’s intraday low and high were recorded as $18.13 and $19.38, respectively.
Besides, the hourly time frame charts continued to stir speculations over the crypto prices today. BTC price gained 0.04%, whereas ETH slipped 0.14%, sparking contrasting sentiments among market watchers over future actions.
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