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.
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.
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.
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 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.
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.
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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