Bitcoin News

Cryptocurrency Prices Today Aug 24: BTC Breaks $64K, Popcat Leads Market Rally

Cryptocurrency prices today surged, led by Bitcoin and Ethereum, while meme coins like Popcat also saw significant gains.
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Cryptocurrency Prices Today Aug 24: BTC Breaks $64K, Popcat Leads Market Rally

Highlights

  • Bitcoin price broke $64,000, gaining nearly 5%.
  • Popcat rallied over 25% among top gainers.
  • Global crypto market cap increased by 4.21% today.

The cryptocurrency prices today have continued the latest bullish trend, igniting optimistic sentiment among investors. Bitcoin (BTC) price broke above the $64,000 mark on August 24. Whilst, Ethereum (ETH), Solana (SOL), Cardano (ADA) and Ripple’s XRP also gained significantly. Simultaneously, Popcat (POPCAT) and Pepe Coin (PEPE) emerged among the day’s top crypto gainers.

Meanwhile, the global crypto market cap surged 4.21% to $2.25 trillion in the last 24 hours. Furthermore, the total crypto market volume also surged significantly. So, let’s take a closer look at some of the top top crypto prices today.

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Cryptocurrency Prices Today Extend Gains

Bitcoin Price Today

Bitcoin price today, Source: CoinMarketCap

Bitcoin price soared 4.98% to $64,010.25 at press time on August, 2024. Its intraday lows and highs were $60,719.48 and $64,947.06, respectively. Whilst, the BTC market cap surged to $1.26 trillion. This surge particularly after Fed Chair Jerome Powell offered clear hints on an upcoming Fed rate cut.

Ethereum Price Today

Ethereum price today, Source: CoinMarketCap

Meanwhile, ETH price stood at $2,750.39, gaining 3.07% the past day. Ethereum’s 24-hour lows and highs were recorded as $2,634.72 and $2,799.33, respectively. However, Ethereum Foundation’s $94 million ETH dump raised concerns on whether the rally will be sustained.

 

Solana Price Today

The SOL price registered a 6.17% surge in value and traded at $154.55 as other cryptocurrency prices rallied. Whilst, Solana’s 24-hour lows and highs were $143.16 and $155.34, respectively. Solana’s market cap rested at $71.96 billion. Meanwhile, the coin’s 24-hour trading volume was $2.78 billion, a whopping 101.17% increase over the past day.

 

XRP Price Today

XRP price soared by 1.42% in the past 24 hours to trade at $0.6084. Its 24-hour lows and highs were $0.5943 and $0.6156, respectively. Moreover, trading volume surged 22.09% to $1.18 billion. Earlier this week, Ripple kickstarted RLUSD stablecoin minting on XRP Ledger and Ethereum mainnet.

Meme Crypto Prices Today

Dogecoin (DOGE) price gained 5.47% over the past day to reach $0.1127. Moreover, Shiba Inu (SHIB) price saw a 6.25% upsurge to $0.00001523 today. These gains follow the broader market trend, as seen by major cryptocurrency prices today.

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Top Cryptocurrency Gainers Prices Today

  • Popcat (POPCAT): This popular Solana meme coin rallied25.02% to $0.7605.
  • SATS (1000SATS): The crypto gained 22.91% to $0.0003905.
  • Core (CORE): The token registered a gain of 13.83% to $1.21 today.
  • Sui (SUI): Whilst, the SUI crypto surged 13.46% to $0.9966.
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Top Cryptocurrency Losses Today

Only Binance Coin (BNB) lost significant value today among the top cryptocurrencies. The BNB price fell by 0.95% to $576.72 at the time of writing. Meanwhile, other major crypto prices continued gaining from optimism around Fed rate cuts.

Analysts a crypto market boom when the U.S. Federal Reserve announces rate cuts in September. Moreover, prominent figures like Anthony Pompliano and Robert Kiyosaki have doubled down on their BTC price target of $100,000 for the current year.

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Kritika Mehta

Kritika boasts over 2 years of experience in the financial news sector. Currently working as a crypto journalist at Coingape, she has consistently shown a knack for blockchain technology and cryptocurrencies. Kritika combines insightful analysis with a deep understanding of market trends. With a keen interest in technical analysis, she brings a nuanced perspective to her reporting, exploring the intersection of finance, technology, and emerging trends in the crypto space.

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Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
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