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Cryptocurrency News Articles
Bitcoin (BTC) and Ethereum (ETH) See Gains, Aptos (APT) and SEI (SEI) Emerge as Top Gainers
Sep 21, 2024 at 11:22 pm
Today, the crypto market displayed notable strength, preventing significant downturns and maintaining solid performance. Bitcoin (BTC) held firm at the $63K level
The crypto market displayed resilience on Thursday, preventing significant downturns and maintaining a solid performance. Bitcoin (CRYPTO: BTC) remained stable at the $63K level, while Ethereum (CRYPTO: ETH) and Solana (CRYPTO: SOL) recorded gains in the green. Aptos and SEI emerged as two of the top gainers for the day, attracting considerable attention from investors.
On the other hand, total market volume dropped by 34.96% to $57.89 billion, while the global crypto market cap increased by 0.52%, bringing the total to $2.20 trillion.
Bitcoin Price Holds Above $63K
As of September 21, Bitcoin’s price remained steady at $63,134, reflecting a 0.18% increase in the past 24 hours. The 24-hour low and high ranged from $62,364.61 to $63,511.93, showing relative stability.
Even with inflows of $92 million into spot Bitcoin ETFs and recent purchases of 7,420 BTC by MicroStrategy (NASDAQ:MSTR), Bitcoin saw a slight change in value. However, market dominance for BTC dropped slightly to 56.78%, down by 0.48% from the previous day.
Despite these modest cynics’ sentiments, it is important to highlight that ex–U.S. president Donald Trump climbed new heights lately by using Bitcoin to reserve a dinner. Interestingly, even with such adoption, the price remains somewhat below market expectations.
Ethereum Sees Modest Gains
Ethereum recorded a 0.60% gain over the past 24 hours, with a price of $2,555 as of writing. The intraday low for ETH was $2,516.73, and the high reached $2,586.01. Data from September 20 indicated an inflow of $2.87 million into spot Ethereum ETFs, further supporting the upward trend.
Ethereum’s market capitalization currently stands at $309.43 billion. These figures and the continuous ETF inflows suggest sustained buying pressure for Ethereum, contributing to its price gains and investor confidence in the asset.
Solana Price Continues Upward Trend
Solana (SOL) also experienced a positive movement today, recording a 0.40% gain in value to trade at $148.02. The coin’s 24-hour low and high were $144.80 and $149.13, respectively. SOL’s market capitalization reached $68.41 billion, solidifying its position as a top contender in the market. Investors appear optimistic about SOL’s potential, given its continued gains in recent days.
Top Gainers: Aptos and SEI
Aptos (APT) showed strong performance today, surging over 9% to trade at $7.91. The coin’s intraday low and high ranged from $7.12 to $8.08.
Sei (SEI) also recorded gains, increasing by 8.05% to $0.3776. Its 24-hour low and high were $0.3411 and $0.3769, respectively, indicating solid upward momentum for both coins.
Cryptocurrency Market Losers
Not all coins fared well today. Nervos Network (CKB) saw a sharp drop of 4.51%, trading at $0.01606. Dogwifhat (WIF) similarly suffered, with a 3.55% decline, bringing its price to $1.74. Notcoin (NOT) also fell by nearly 3.5%, trading at $0.007442, as lower demand caused downward pressure.
Also Read: Cryptocurrencies Continue to Soar a Day After Rate Cut
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