Cryptocurrency Prices Today August 2024: Bitcoin Reclaims $64K, Altcoins Rally, Popcat Shines

As a seasoned crypto investor with a decade-long journey through the volatile world of digital assets, I must admit that today’s market performance has been quite exhilarating. The bullish trend continues, with Bitcoin breaking yet another psychological barrier at $64k, while Ethereum, Solana, Cardano, and Ripple’s XRP also saw significant gains.


Today’s cryptocurrency prices have sustained the recent bullish momentum, sparking hopeful feelings among investors. The price of Bitcoin (BTC) surpassed $64,000. At the same time, Ethereum (ETH), Solana (SOL), Cardano (ADA), and Ripple‘s XRP also saw substantial growth. Additionally, Popcat (POPCAT) and Pepe Coin (PEPE) have been standout performers among today’s top crypto gainers.

Over the past day, I’ve noticed a noteworthy increase in the global cryptocurrency market cap, soaring by approximately 4.21% to reach an impressive $2.25 trillion. Concurrently, the total volume of cryptocurrencies traded has also seen a substantial rise. As such, let’s delve deeper into some of today’s top cryptocurrency prices for a more comprehensive understanding.

Cryptocurrency Prices Today Extend Gains

Bitcoin Price Today

Cryptocurrency Prices Today August 2024: Bitcoin Reclaims $64K, Altcoins Rally, Popcat Shines

On August 2024, Bitcoin’s price peaked by 4.98% to reach $64,010.25 at the time of reporting. Throughout the day, its lowest and highest prices were recorded at $60,719.48 and $64,947.06 respectively. Notably, the total Bitcoin market capitalization spiked to a staggering $1.26 trillion. This significant increase is largely attributed to suggestions from Fed Chair Jerome Powell about an imminent reduction in interest rates by the Federal Reserve.

Ethereum Price Today

Cryptocurrency Prices Today August 2024: Bitcoin Reclaims $64K, Altcoins Rally, Popcat Shines

Today, the price of Ethereum was at approximately $2,750.39, showing a 3.07% increase over the previous day. During this period, Ethereum reached a low of $2,634.72 and a high of $2,799.33. Yet, some worry about the sustainability of the rally due to the Ethereum Foundation’s recent sale of $94 million worth of ETH.

 

Solana Price Today

Yesterday, the value of SOL increased by 6.17%, reaching a trade price of $154.55. This uptick occurred as other cryptocurrencies also saw gains. During the previous 24 hours, Solana’s lowest and highest prices were $143.16 and $155.34 respectively. The market capitalization of Solana stood at a substantial $71.96 billion. In addition, the coin’s trading volume over the past day experienced a massive 101.17% increase, amounting to $2.78 billion.

 

XRP Price Today

In the last 24 hours, the price of XRP increased by 1.42%, reaching a trading value of $0.6084. Over this period, its lowest point was $0.5943, while the highest was $0.6156. Furthermore, there was a significant increase of 22.09% in the trading volume, amounting to approximately $1.18 billion. Notably, earlier this week, Ripple initiated the minting of RLUSD stablecoin on both XRP Ledger and Ethereum’s mainnet.

Meme Crypto Prices Today

Today, Dogecoin (DOGE) experienced a 5.47% increase in value, bringing its price up to $0.1127. Similarly, Shiba Inu (SHIB) saw a surge of 6.25%, reaching $0.00001523. This growth aligns with the overall trend in the cryptocurrency market, as indicated by today’s prices of major digital currencies.

Top Cryptocurrency Gainers Prices Today

    Popcat (POPCAT): This popular Solana meme coin rallied25.02% to $0.7605.
    SATS (1000SATS): The crypto gained 22.91% to $0.0003905.
    Core (CORE): The token registered a gain of 13.83% to $1.21 today.
    Sui (SUI): Whilst, the SUI crypto surged 13.46% to $0.9966.

Top Cryptocurrency Losses Today

Among the leading cryptocurrencies, it’s just Binance Coin (BNB) that experienced a substantial decrease in value today. Specifically, BNB’s price dipped by 0.95% to reach $576.72 at the moment of writing. However, other significant digital currencies are on an upward trend due to anticipation about potential Fed interest rate reductions.

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2024-08-24 09:16