Crypto Prices Today September 18: BTC Tops $60K, Altcoins Mainly Mimic Gains

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As a seasoned analyst with years of experience navigating the volatile crypto markets, I find today’s price movements both intriguing and somewhat predictable. Bitcoin’s surge to $60K is no surprise, given its historical correlation with market sentiments. Ethereum and Solana following suit is a testament to their growing importance in the blockchain ecosystem.

Today’s crypto prices have sparked optimism globally among market observers. Bitcoin (BTC) surged past $60K, while Ethereum (ETH) and Solana (SOL) also saw gains. However, XRP price bucked the overall market trend, trading in the negative zone instead.

Nevertheless, the global crypto market cap surged 3.33% in the past 24 hours to $2.08 trillion. Moreover, the total market volume saw a remarkable 20.26% increase in value to $75.85 billion. Here’s a brief overlook into some of the top cryptocurrencies by market cap and their price movements today, September 18.

Crypto Prices Today: BTC, ETH, & SOL Gain, XRP Struggles

With the Federal Open Market Committee (FOMC) approaching and the anticipation of a rate cut by the Fed growing, risk assets like Bitcoin have shown significant volatility, igniting speculation among investors worldwide. Today, Bitcoin bounced back from the $58K mark to reach $60K, while Ethereum momentarily surpassed $2,300. Most altcoins have followed a general uptrend, albeit some deviate from the market sentiment.

Bitcoin Price Today

Today, Bitcoin’s price remained steady at approximately $60,660, marking an almost 4% increase over the past day. Throughout the day, its lowest point was around $58,035.24 and the highest point reached $61,316.09.

On September 17th, this pumping motion corresponds to approximately $186.76 million entering Bitcoin ETFs, as reported by Soso Value. At the same time, Bitcoin’s value relative to other cryptocurrencies rose by 0.58%, reaching $57.27%. Additionally, today, Bitcoin’s market capitalization stood at a staggering $1.2 trillion.

Ethereum Price Today

At this moment, the Ethereum price has increased by 2% over the last 24 hours and is being exchanged at approximately $2,334. The coin experienced a low of $2,282.34 and a high of $2,392.15 during trading today.

Despite spot Ethereum ETFs registering outflows worth $15.11 million, the coin has maintained a pump in line with today’s broader market trend. ETH’s market cap rested at $281.11 billion today.

Interestingly, an examination of Ethereum’s (ETH) price trends by CoinGape has shed light on essential elements driving its upward movement, highlighting growing investor attention, durability, and other crucial aspects.

Solana Price Today

Today, the price of SOL has experienced a minor increase by approximately 0.4%, now standing at around $131. Over the last 24 hours, its lowest and highest points were $130.37 and $135.49 respectively. Currently, Solana’s total market capitalization is estimated to be about $61.64 billion.

XRP Price Today

Despite a general upward trend, the price of XRP dropped by 1% over the past 24 hours to settle at $0.5805. The coin’s lowest and highest points during the day were $0.5767 and $0.5932 respectively. The market capitalization of XRP today was approximately $32.73 billion. This recent dip follows news of a massive 50 million XRP transfer by Ripple‘s Chris Larsen, which has sparked much discussion within the crypto market.

Meme Coins Prices Today

Concurrently, Dogecoin‘s value increased by 1%, reaching $0.113, today amidst heightened network activity. Likewise, Shiba Inu experienced a 1% growth, trading at $0.00001338.

Over the last day, the prices of PEPE, WIF, and FLOKI increased by around 2-3%, mirroring the upbeat atmosphere in the meme coin market.

Top Crypto Gainers Prices Today

The top crypto gainers for today are-

Nervos Network

As an analyst, I’m observing a significant surge in CKB price today, with a 26% increase from its previous level. Currently, the token is being traded at $0.01968. The intraday low was marked at $0.01549, but it peaked at $0.01978 during the trading session.

Bittensor

In just the last day, TAO’s price has jumped an impressive 14% and now stands at approximately $328.63. Over the same period, its lowest and highest prices were $287.60 and $334.65 respectively.

Sui

SUI price pumped 11% over the past day and is now trading at $1.19. The crypto’s 24-hour low and peak was $1.08 and $1.23, respectively.

Top Crypto Loser Prices Today

Helium

Today, the Helium Network Token (HNT) saw a 3% drop in price, trading at $6.76. Its lowest point during the day was $6.67, while its highest was $7.11.

Maker

MKR price slipped 2% over the past day to trade at $1,485. The crypto’s 24-hour low and high were $1,482.70 and $1,566.66, respectively.

Arweave

AR price tumbled nearly 1.5% in the past 24 hours to trade at $18.72. The coin’s intraday low and high were recorded as $18.13 and $19.38, respectively.

As a crypto investor, I’ve been keeping a close eye on the hourly charts today, and they’re definitely fueling some intriguing discussions about cryptocurrency prices. The BTC price inched up by 0.04%, while ETH dipped 0.14%. This discrepancy has resulted in contrasting feelings among market observers, with some bullish on Bitcoin and bearish on Ethereum, or vice versa. It’s an interesting dynamic that leaves us all wondering about the next moves in the market.

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2024-09-18 07:46