Crypto Prices Today Sept 11: BTC At $56K, Meme Coins Wane, AI Coins Soar

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As a seasoned researcher with years of experience navigating the ever-changing landscape of the crypto market, today’s turbulent movements have become all too familiar. The rollercoaster ride of prices for Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and XRP is a constant reminder that the crypto world remains unpredictable.

Today’s crypto market has seen significant ups and downs, leading to much discussion among investors about potential upcoming trends. Specifically, Bitcoin (BTC) dropped in value back to around $56K, while Ethereum (ETH), Solana (SOL), and XRP have been quite volatile in their trading. Meanwhile, the sector of meme coins has experienced a significant decline today, but the artificial intelligence (AI) coins have surged instead.

Currently, the total value of all cryptocurrencies worldwide has experienced a minor increase of approximately 0.47%, bringing it to around $2.01 trillion. On the other hand, the overall trade volume has decreased by roughly 12.34%, with a reduction in value to about $60.54 billion.

Today’s overview showcases some of the top cryptocurrencies by market capitalization, along with their current price fluctuations as of September 7.

Crypto Prices Today Encounter Market Volatility

Today’s cryptocurrency prices show a reversal from yesterday’s growth, causing international investor apprehension. Bitcoin dipped to around $56K, having reached a high of $58K yesterday, while Ethereum dropped to roughly $2,300. Despite slight positive trading movements for the leading cryptocurrencies at this moment, meme coins are experiencing declines, whereas AI-related coins are surging. Let’s explore today’s cryptocurrency price trends further.

Bitcoin Price Today

BTC price chart illustrated a marginal 0.1% gain as of writing and is currently sitting at $56,731. The flagship coin’s intraday low and high were recorded as $56,419.41 and $58,029.98, respectively. The turbulent movement comes despite $116.96 million inflows in the Bitcoin ETFs as of September 10, per Soso Value data.

The influence of Bitcoin over the cryptocurrency market slightly diminished by 0.01%, leaving it at approximately 56.01%. However, MicroStrategy CEO, Michael Saylor, has predicted that Bitcoin could make up as much as 7% of the global capital, igniting intense debate among financial circles.

Ethereum Price Today

At the moment of reporting, the price of ETH increased by 0.17% and is being traded at approximately $2,348. Its lowest and highest points during the day were $2,323.07 and $2,398.50 respectively. However, Ethereum seems to be facing some difficulties despite a reported inflow of $11.44 million into spot Ethereum ETFs.

Solana Price Today

In my analysis as a researcher, I’ve noticed that the price of Solana (SOL) has experienced a growth of approximately 0.5% over the past 24 hours. At the moment, it stands at around $134. During this period, the coin reached its lowest point at $132.63 and peaked at $137.81.

XRP Price Today

At present, the value of XRP has dropped slightly by 0.1%, currently trading at approximately $0.5334. Today’s lowest and highest points for this Ripple-supported asset were $0.533 and $0.5426, respectively.

1) Yesterday, XRPH Healthcare, a part of the XRP community, made a significant step forward with the launch of their AI chatbot. Concurrently, Ripple’s Chief Legal Officer, Stuart Alderity, criticized the SEC for suggesting that money laundering is an issue inherent to cryptocurrencies.

Meme Coins Prices Today

Dogecoin‘s (DOGE) value dropped by 1.5% within the last 24 hours and is presently being traded at $0.1011. In a parallel trend, Shiba Inu (SHIB) experienced a slight decrease of 0.28%, now valued at $0.00001332 in the same time frame.

Also, PEPE, WIF, and BONK prices fell 1%-3% in the past 24 hours.

Top Crypto Gainers Prices Today

AI Coins have primarily led the broader market today.

Internet Computer

ICP price gained nearly 12.5% over the past day and is currently trading at $8.70. Its 24-hour low and high were $7.69 and $9.09, respectively.

Artificial Superintelligence Alliance

In the last 24 hours, the value of FET has increased by almost 7%, currently standing at approximately $1.30. Its lowest point in the day was $1.21, while its highest was $1.37.

Injective

Today, the value of INJ has significantly increased by 8%, reaching a trading price of $18.39. The lowest it dipped during the past 24 hours was at $16.98, while its highest point was $18.47.

Top Crypto Losers Prices Today

Starknet

Over the last 24 hours, I’ve noticed a 6% decrease in the price of STRK, with it currently trading at $0.3888. The lowest point today was at $0.3858, while the highest was $0.4178.

Sui

Sui price fell 5% to $0.8883 in the past 24 hours. The token’s price soared to an intraday high of $0.9412 and dipped to a low of $0.8862.

Arweave

Finally, the price of AR dropped by 5% over the last day and is now being exchanged at $19.29. Earlier today, its lowest and highest values were $19.28 and $20.64, respectively.

In addition, the one-hour price chart indicated a bearish trend, intensifying worries about cryptocurrency values today. Bitcoin declined by 0.30%, Ethereum dropped by 0.34%, and Solana fell by 0.4%.

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2024-09-11 07:32