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Cryptocurrency News Articles
The Crypto Market Reignites With Excitement as Bitcoin (BTC) Surges Above the $65k Mark
Sep 27, 2024 at 04:41 pm
Today, the crypto market reignited with excitement as the majority of the coin prices are recording impressive gains. An overview of the broader market through the crypto heat map reflects a sea of green trading led by the flagship cryptocurrency, Bitcoin.
Crypto prices today: BTC adds over $2K as total crypto market cap crosses $2.3 trillion Today, the crypto market reignited with excitement as the majority of the coin prices are recording impressive gains. An overview of the broader market through the crypto heat map reflects a sea of green trading led by the flagship cryptocurrency, Bitcoin.
BTC price crossed the $65K mark today, adding over $2,000 to its value from yesterday. Among the top ten coins, XRP noted the least gain while SOL and SHIB led the gainers' list with a surge of over 4% and 16%, respectively. Notably, investors’ sentiment has crossed over to ‘greed’ according to the crypto fear and greed index data. Below is an overview of how the top coins have reacted in the last 24 hours.
Top Crypto Prices Today: BTC Surges to New Monthly Highs, SHIB up 16%
The price of Bitcoin has continued its upward trajectory, surging to new monthly highs. The largest crypto by market cap traded between $63,627.59 and $65,743.29 in the last 24 hours according to on-chain data. However, at press time, BTC changed hands at $65,512, representing a 2.72% increase.
Notably, its one-day trading volume also jumped by 54.40% to rest at $19.75 billion. Interestingly, the upsurge coincides with a massive influx of funds to BTC ETFs. Per Soso Value data, Bitcoin ETFs recorded a $365.57 million inflow as of September 26.
Meanwhile, the second-largest cryptocurrency by market cap, Ethereum, demonstrated a similar trading pattern over the last day leading the global altcoin market. At the time of writing, the price of ETH surged by 1.36% to trade at $2,664.
Ethereum moved between the range of $2,614.10 and $2,666.83 respectively in the last 24 hours with a trading volume surge to $17.5 billion. However, Ethereum ETFs saw outflows as of September 26. Citing the same tracker, ETH ETFs recorded $675.45K in outflows.
Other Altcoin Prices TodaySolana noted an impressive uptrend over the last day. SOL price increased by 4.45% and changed hands at $158.18. Solana’s one-day low and high touched $150.66 and $158.65 respectively. Also, the SOL’s market cap reached $74.2 billion at the time of writing.
Meanwhile, XRP only saw marginal gains at the time of writing. The XRP price spiked by 0.51% in the past 24 hours to trade at $0.5904. The coin moved between the bottom and peak of $0.5835 and $0.5957, respectively. Lastly, XRP’s market cap stood at $33.3 billion today.
Binance Coin (BNB) also increased at the time of writing. The Binance native coin added 1.90% to its value to reach $606.84 and maintained a 24-hour trading range of $591.99 and $608.92 respectively. The TRX price added 1.72% to rest at $0.1544 with a 24-hour trading range of $0.1516 and $0.1549 respectively.
Moreover, Terra Classic (LUNC) exhibited bullish patterns triggered by two major updates this week. As of press time, the price of LUNC surged by 4.77% to change hands at $0.00009256. The factors triggering this momentum include the recent massive burn by Binance and a governance proposal approval by the Terra Classic community as reported earlier today by Coinfomania. Investors now eye the next price range of $0.0001 soon.
The memecoin market traded mostly in green over the last day. The Dogecoin price moved up by 9.31% in value to $0.1247 today. Also, Shiba Inu, the second-largest memecoin, skyrocketed by 16.94% to $0.00001964. PEPE added 19.55% while Dog Wif Hat (WIF) increased by 7.44%.
Top Trending Crypto Gainers Today4DOGE (4DOGE) skyrocketed by 217.45% to reach $0.00
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