Cryptocurrency Prices Today (September 17): The broader market showcased a highly volatile movement over the past day, raising investor speculations globally. Bitcoin (BTC) price faced hurdles to gain a break above $58K, while ETH traded at $2,200. Simultaneously, the global crypto market cap saw a slight 0.04% upswing while reporting, reaching $2.02 trillion today. Moreover, the total market volume surged 23.04% to $63.69 billion.
However, Solana (SOL) and XRP prices traded dominantly in the green zone. Here’s a brief report on some of the top cryptocurrencies by market cap and their price action today, September 17.
Bitcoin and Ethereum prices today have maintained trading near the previous day’s levels. However, SOL and XRP showcased considerable gains as of writing.
Notably, the crypto market witnesses a turbulent movement ahead of the FOMC, which is expected to offer a 50 bp rate cut by the Fed. CME FedWatch Tool’s data illustrated the expectations of a 50 bp rate cut rising remarkably.
BTC price rested at $58,098 today, a 0.7% dip in the past 24 hours. The coin’s 24-hour low and high were recorded as $57,501.34 and $59,154.62, respectively.
This volatile movement comes in tandem with $12.8 million inflows in Bitcoin ETFs, raising speculation among market watchers. Besides, the flagship crypto’s dominance saw a 0.16% decline in value to 56.71%.
Nonetheless, despite today’s turbulency, market stats have birthed optimism for the coin’s price ahead. A recent report by CryptoQuant on X revealed new whales and Binance traders are actively accumulating, whereas old whales continue to hold, underscoring market confidence for the asset.
ETH price showed slight gains of 0.3% as of writing and is currently trading at $2,284. The coin’s intraday low and high were recorded as $2,263.79 and $2,334.79, respectively.
U.S. spot Ethereum ETFs registered $9.4 million in outflows as of September 16, raising investor concerns across the market. Another report by CryptoQuant on X shows that Ethereum’s futures market illustrated the lowest funding rates of 2024, solidifying market concerns surrounding the asset.
However, the crypto SOL traded at $131, a gain of 0.6% in the past 24 hours. The coin’s intraday low and high were $129.14 and $132.30, respectively. Solana’s market cap rested at $61.52 billion today.
Simultaneously, XRP price pumped nearly 4% in the past 24 hours and is currently trading at $0.5868. Its intraday low and high were recorded as $0.5658 and $0.5898, respectively. XRP’s pumping movement comes in tandem with 40M coins moved by XRP whales over the past day, adding a layer of intrigue among market watchers. The Ripple-backed coin’s market cap rested at $33.08 billion today.
On the other hand, Dogecoin (DOGE) price saw a 1.5% dip in value today, reaching $0.09982. Similarly, Shiba Inu (SHIB) price dropped 0.7% to $0.00001319 today.
However, PEPE gained by 0.17% and WIF by 1% in the past 24 hours.
FTM price surged nearly 7% in the past 24 hours and is currently trading at $0.5155. The coin’s intraday lows and highs were recorded as $0.4842 and $0.5301, respectively.
TIA price pumped nearly 4% over the past day to trade at $4.83. The coin’s intraday low and high were $4.48 and $4.84, respectively.
BTT price saw a nearly 5% uptick in value and is currently trading at $0.0000008865. The coin’s intraday low and high were $0.0000008368 and $0.0000009064, respectively.
Also, it’s worth noting that even XRP emerged alongside the day’s top gainers.
SEI price dropped 7% over the past day and is currently trading at $0.2701. The coin’s 24-hour low and high were $0.2657 and $0.2965, respectively.
CKB price plunged 5% in the past 24 hours and is currently resting at $0.0155. The coin’s intraday low and high were $0.01502 and $0.01698, respectively.
RENDER price slipped 4% in the past 24 hours and is currently trading at $4.67. The coin’s intraday low and high were $4.66 and $4.99, respectively.
Besides, the hourly time frame charts continued to raise investor speculations on cryptocurrency prices today, showcasing mixed actions. While BTC gained 0.04%, ETH slipped 0.02%, birthing uncertain sentiments over coins’ price action ahead.
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