As a seasoned crypto investor with a decade of experience under my belt, I must admit that today’s market surge has rekindled the excitement and optimism I once felt when Bitcoin was just a few dollars. The consistent upward movement of Bitcoin, Ethereum, Solana, and XRP is nothing short of exhilarating, especially considering the recent outflows from Bitcoin and Ethereum ETFs.
Today’s Cryptocurrency Market Overview (September 12): The wider crypto market experienced a substantial surge on Thursday, sparking excitement among investors worldwide. Bitcoin (BTC) price reclaimed its position above $58K, while Ethereum (ETH), Solana (SOL), and XRP prices predominantly showed gains. Additionally, the total market capitalization increased by 1.38% today to stand at approximately $2.04 trillion. Furthermore, the daily trading volume jumped by 18.90%, reaching $72.25 billion.
Today’s Overview: Here are some prominent digital currencies ranked by market capitalization, along with their current price fluctuations as of September 12.
Cryptocurrency Prices Today: BTC, ETH, SOL, & XRP Gain
Today, Bitcoin surpassed $58K, while Ethereum and Solana each saw a nearly 1% increase. Meanwhile, Ripple reflected minimal growth at this moment. Interestingly, Sui was one of the day’s top performers with substantial gains. This upward trend has ignited high spirits among investors today.
Bitcoin Price Today
In just the last day, Bitcoin’s price has increased by approximately 2.5%, and it is now being traded at around $58,258. Earlier in the day, its lowest point was $55,567.34, while its highest point reached $58,454.16.
As an analyst, I’ve noticed an intriguing pattern unfolding in the Bitcoin market. Despite a substantial outflow of $43.97 million from Bitcoin ETFs as of September 11, the cryptocurrency is still exhibiting upward momentum. This unexpected movement has sparked a wave of optimistic speculations among investors, suggesting that they are betting on BTC‘s future growth.
As a researcher, I’m observing an uptick in Bitcoin’s dominance today, with a 0.17% rise to 56.19%. Notably, its market capitalization stands firm at an impressive $1.15 trillion.
Ethereum Price Today
Over the last 24 hours, ETH‘s price has increased by around 1%, currently standing at approximately $2,370. Throughout the day, its lowest point was $2,279.05, while its highest was $2,390.19.
Despite a significant outflow of over half a million dollars in Ethereum ETFs on September 11, as per Soso Value data, the price of Ethereum still surged. This growth occurred despite large-scale transfers of Ethereum to exchanges, as reported by CoinGape recently. Today, Ethereum’s market capitalization stands at approximately $285.23 billion.
Solana Price Today
At the moment of writing this analysis, I observed a 1.5% surge in the value of Solana (SOL), placing its current trading price at approximately $135.72. Throughout the day, it dipped to an intraday low of $128.43 and peaked at $135.94. The market capitalization of Solana stands at a substantial $63.51 billion today.
XRP Price Today
Over the past 24 hours, the value of XRP increased by 0.7% and is now being traded at approximately $0.5374. The coin’s price range during this period reached from a low of $0.5239 to a high of $0.539. According to a recent analysis by CoinGape, there may be potential for XRP to drop to around $0.47 due to bearish trends. Despite this, many cryptocurrency market fans remain interested in following the progress of XRP closely.
Meme Coins Prices Today
Today, both Dogecoin (DOGE) and Shiba Inu (SHIB) followed the general market trend. Dogecoin saw a 1% increase and is now trading at $0.1024. On the other hand, Shiba Inu experienced a 0.6% rise over the past 24 hours, with its price standing at $0.0000134.
Even PEPE and FLOKI prices noted marginal gains of nearly 1% today.
Top Cryptocurrency Gainers Prices Today
SUI
1) In just the last day, SUI’s price skyrocketed by 13%, now standing at $1.01. Over the past 24 hours, its lowest and highest points were $0.8687 and $1.02, respectively.
BinaryX
Today, the value of BNX increased by 7%, reaching a current price of $1.58. Its lowest and highest points within the day were $1.44 and $1.60 respectively.
MANTRA
Today, the value of OM increased by 7%, settling at $1.10. Its lowest point during the day was $1.00, while its highest point reached $1.11.
Top Cryptocurrency Losers Prices Today
Notcoin
Today, the price of the coin dropped by 3%, landing at $0.007804. Its lowest point during the day was $0.007527, while its highest point was $0.007945.
Dogwifhat
Today, the value of WIF dipped by 3%, settling at $1.56. In the past 24 hours, its lowest and highest prices were $1.50 and $1.59 respectively.
Worldcoin
WLD price fell 2.5% over the past day to $1.40. The crypto’s 24-hour lows and highs were $1.36 and $1.44, respectively.
Additionally, the one-hour price graphs fueled enthusiasm among crypto traders, as Bitcoin increased by 0.21% and Ethereum rose by 0.22%. This bullish trend in cryptocurrency values is generating optimism for today’s market.
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2024-09-12 07:50