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Bitcoin Retains $57K, INJ Soars 8%, 1INCH Up 15%

Bitcoin Retains K, INJ Soars 8%, 1INCH Up 15%
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Cryptocurrency Prices Today: September 5, 2023

Following a recent slump in the market, cryptocurrency prices today have sparked renewed investor interest globally. Bitcoin (BTC) price managed to prevent further downward momentum and retained its hold at the $57,000 price level today. Meanwhile, Ethereum (ETH) and Solana (SOL) traded dominantly in the green territory. XRP traded with significant volatility, while altcoins Injective (INJ) and 1INCH prices surged remarkably over the past day.

The global crypto market cap jumped 0.77% over the past day to reach $2 trillion. However, the total market volume saw a 2.06% decline in value to $64.33 billion.

Cryptocurrency Prices Today Regain Momentum

The broader market eased up today amid news that Nvidia denied claims of a subpoena issued against the firm by the U.S. DoJ. BTC price regained $57,000, while ETH price rested at the $2,400 level. Although SOL price also gained today, XRP traded with turbulence. Here’s a brief report on prices:

Bitcoin Price Today

BTC price today saw a 0.6% increase in value while writing and is currently trading at $57,094. The flagship coin’s 24-hour low and high were $56,196.38 and $58,511.57, respectively.

Bitcoin ETFs recorded $37.29 million outflows as of September 4, aligning with the coin’s struggling movement today. Nonetheless, it’s worth noting that the current resiliency shown by the coin has sparked significant investor enthusiasm, hinting at future movements.

Bitcoin’s dominance saw a 0.07% increase to 56.40% today. Further, the coin’s market cap stood at $1.13 trillion.

Ethereum Price Today

ETH price rested at $2,403 today, a 1.34% gain in the past 24 hours. Ethereum’s intraday lows and highs were recorded as $2,363.51 and $2,488.92, respectively.

Despite spot Ethereum ETFs registering $37.51 million outflows as of August 4, per Soso Value data, the coin has gained considerably. Ethereum’s market cap rested at $290.27 billion today.

Solana Price Today

SOL price witnessed a nearly 3% pump in value and is currently sitting at $132. The crypto’s 24-hour low and high were $126.75 and $134.87, respectively. Further, Solana’s market cap stood at $61.64 billion today.

XRP Price Today

XRP price chart illustrated a highly volatile movement, with the token trading at $0.5536 at press time. XRP’s intraday low and high was recorded as $0.548 and $0.5645, respectively. The Ripple-backed digital asset’s market cap stood at $31.13 billion today.

Meme Coins Prices Today

The meme coin sector regained an upward movement over the past day. Dogecoin (DOGE) price witnessed a 1% increase to $0.09667 today. Moreover, Shiba Inu (SHIB) price gained nearly 2% to trade at $0.00001339.

Also, Pepe Coin (PEPE) soared nearly 1.5% to trade at $0.00000723. It’s worth mentioning that a PEPE whale accumulation garnered significant optimism for the token.

Top Cryptocurrency Gainers Prices Today

Injective (INJ)

INJ price soared nearly 8% in the past 24 hours and is currently trading at $16.95. The coin’s intraday low and high was recorded as $15.45 and $17.58, respectively.

1INCH

1INCH price surged 16.56% in the past 24 hours and is currently sitting at $0.269. The coin’s 24-hour low and high were $0.2306 and $0.2873, respectively.

Starknet (STRK)

STRK price soared 7% over the past day and is currently resting at $0.3933. The coin’s intraday low and peak were $0.3661 and $0.4174, respectively.

Top Cryptocurrency Losers Prices Today

Notcoin (NOT)

NOT price slipped nearly 5% to trade at $0.00727 today. NOT’s 24-hour low and peak were $0.007254 and $0.007748, respectively.

Toncoin (TON)

TON price slipped 4.5% to trade at $4.58 today. TON’s 24-hour lows and peaks were $4.53 and $4.83, respectively.

THORChain (RUNE)

RUNE price cracked 10% to $3.63 over the past day. Its 24-hour lows and highs were $3.60 and $3.92, respectively.

Besides, the hourly time frame charts continued stirring investor speculations on the crypto prices today, illustrating mixed actions. Crypto market enthusiasts continue to eye the market for further price action shifts.

Conclusion

In conclusion, the cryptocurrency market experienced a mixed bag of reactions today, with some coins surging while others took a hit. As investors continue to navigate the volatile market, it’s essential to stay informed and adaptable to changes in the market.

FAQs

Q: What was the market capitalization of the global crypto market today?

A: The global crypto market cap jumped 0.77% over the past day to reach $2 trillion.

Q: Which coins experienced significant price movements today?

A: Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Injective (INJ), 1INCH, and Pepe Coin (PEPE) were among the notable gainers, while Notcoin (NOT), Toncoin (TON), and THORChain (RUNE) took a hit.

Q: What was the trading volume of the total market today?

A: The total market volume saw a 2.06% decline in value to $64.33 billion.

Q: What is the current market capitalization of Bitcoin?

A: Bitcoin’s market cap stood at $1.13 trillion today.

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