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Cryptocurrency Prices Today Aug 30: BTC & ETH Fight Turbulence, BEAM & EGLD Soar 4%

Cryptocurrency Prices Today: BTC price and Altcoins experience fluctuations. The U.S. PCE inflation comes unchanged and lower than market expectations.
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Cryptocurrency Prices Today Aug 30: BTC & ETH Fight Turbulence, BEAM & EGLD Soar 4%

Highlights

  • Bitcoin rests at $59K today. BTC ETFs register outflows, while whales stir uncertain sentiments.
  • Ethereum and altcoins mainly mimic the broader trend.
  • However, BEAM and EGLD prices soared 4% today.

Cryptocurrency Prices Today (August 30): The broader market witnessed significant price fluxes today, with major coins like Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and XRP trading in the red territory. However, altcoins BEAM and MultiversX (EGLD) traded dominantly in the green zone today. Meanwhile, the total crypto market cap slipped 0.44% over the past day to reach $2.08 trillion.

Also, the total market volume plunged 20.68% to $66.73 billion in the past 24 hours. Here’s a brief report on some of the top cryptocurrencies by market cap and their price action today.

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Cryptocurrency Prices Today: BTC, ETH, SOL, & XRP Wane

Bitcoin Price Today

BTC price slipped 0.3% in the past 24 hours to trade at $59,004. Its 24-hour lows and highs were $58,786.23 and $61,184.08, respectively. The flagship coin’s volatile movement comes against the backdrop of $71.73 million outflows recorded in the Bitcoin ETFs, per Soso Value data.

Meanwhile, Bitcoin’s dominance stood at 56.18%, a 0.21% gain over the past day. Notably, data by Whale Alert on X shows BTC whale dumps and accumulations in hand over the past day. This has further stirred speculations on the asset’s future price movements.

BTC’s market cap stood at $1.17 trillion today, whereas the coin’s 24-hour trading volume was $32.49 billion.

Ethereum Price Today

Even ETH price fell 0.3% at press tme to trade at $2,519. The coin’s intraday lows and highs were recorded as $2,505.70 and $2,595.98, respectively.

This tumbling movement, although marginal, aligns with $1.77 million outflows in spot Ethereum ETFs. Also, the coin currently follows the broader market momentum.

Whale Alert data for the cryptocurrency shows significant dumps recorded in the past 24 hours, sparking further concerns over future price trajectory. Meanwhile, Ethereum’s market cap rested at $302.94 billion.

Solana Price Today

SOL price tanked 3% in the past 24 hours to trade at $138. The coin’s 24-hour lows and highs were $138.27 and $147.22, respectively. Solana’s market cap rested at $64.72 billion today. The coin mimics the broader market volatility.

XRP Price Today

Meanwhile, Ripple’s XRP fell nearly 1.5% in the past 24 hours to reach $0.5618. The coin’s intraday lows and highs were $0.5593 and $0.5764, respectively.

A recent XRP price analysis by CoinGape Media shows that the coin’s price holds under the 200-day EMA, and the RSI hints at a period of consolidation for the token. This data has sparked uncertain market sentiments for the asset’s future price movements, whereas the recent lawsuit ruling continues to project optimism on long-term prospects.

DOGE and SHIB Prices Today

Despite positive news for the Dogecoin community, the DOGE price today slipped nearly 0.3% to trade at $0.1002. Notably, DOGE supporter Elon Musk recently won the dismissal of a lawsuit alleging the American entrepreneur of manipulating the DOGE price.

Meanwhile, Shiba Inu (SHIB) price jumped 0.07% to trade at $0.00001398. This jump primarily aligns with a 28145% surge in the SHIB burn rate.

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Top Cryptocurrency Gainers Today

BEAM

BEAM price surged 4% in the past 24 hours and is currently sitting at $0.0149. The coin’s intraday lows and highs were $0.01421 and $0.01538, respectively.

MultiverseX (EGLD)

EGLD price gained 4% in the past 24 hours to trade at $29.22. Its 24-hour lows and highs were $27.94 and $29.65, respectively.

Ronin (RON)

RON price rose nearly 3.5% to reach $1.66. The cryptocurrency’s 24-hour lows and peaks were $1.62 and $1.69.

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Top Cryptocurrency Losers Today

FLOKI

FLOKI price dipped 17% in the past 24 hours to trade at $0.0001274. Its intraday lows and highs were $0.0001263 and $0.0001587, respectively.

DOGS

TON-based DOGS price tanked 15.86% over the past day to $0.00125. Its 24-hour lows and highs were $0.001224 and $0.001542, respectively.

POPCAT (SOL)

POPCAT price soared 8.32% in the past 24 hours to reach $0.6103. Its 24-hour lows and highs were $0.6097 and $0.7472, respectively.

Meanwhile, the hourly time frame charts further ignite speculations on the cryptocurrency prices today. BTC slipped 0.01% during the same period, whereas ETH price gained 0.4%.

Besides, it’s worth mentioning that the U.S. PCE inflation data for July came in at 2.5%, unchanged from the previous month’s figure and lower than broader market expectations. This could ignite a potential rally in the crypto market ahead.

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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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