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BTC Backtracks To $56K, But DOGS & HNT Soar 7%-8%

BTC Backtracks To K, But DOGS & HNT Soar 7%-8%
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BTC Backtracks To K, But DOGS & HNT Soar 7%-8%

Crypto Prices Today: BTC, ETH, SOL, and XRP Undo Gains

The global cryptocurrency market cap slipped nearly 0.5% to rest below the $2 trillion level today, raising investor concerns. Bitcoin (BTC) price backtracked to the $56K level after regaining an upward movement recently. Meanwhile, Ethereum (ETH), Solana (SOL), and XRP mimicked a waning movement alongside the broader market trend. However, Helium (HNT) and DOGS defied the broader trend to emerge among the day’s top gainers.

Notably, the global crypto market cap rested at $1.99 trillion today, a 0.44% decrease over the past day. Moreover, the total market volume saw a 3.75% decrease to $62.45 billion. Here’s a brief report on some of the top cryptocurrencies by market cap and their price movements today, September 6.

Bitcoin Price Today

BTC price waned 0.6% in the past 24 hours and is currently resting at $56,737. The coin stooped to a $55,712.45 low in the past 24-hours, raising concerns. Whilst, $57,284.30 remains the 24-hour peak.

Also, Bitcoin ETFs recorded a whopping $211.15 million in outflows as of September 5, per Soso Value data, aligning with the BTC price fall today. Nonetheless, Spotobchain’s data illustrated a massive 1,145 BTC whale accumulation recently, stirring speculations on future price movements.

Bitcoin’s dominance today rested at 56.21%, a nearly 0.16% decrease in the past 24 hours. The flagship crypto’s market cap slipped to $1.12 trillion.

Ethereum Price Today

ETH price fell 0.5% in the past 24 hours and is currently trading at $2,393. The coin’s intraday low and high were $2,348.86 and $2,418.02, respectively.

Notably, the slight fall in price aligns with $152,72K outflows in spot Ethereum ETFs. Meanwhile, Monochrome’s recent plans for an ETH ETF garnered additional attention to the token within the Australian landscape. Also, ETH’s market cap rested at $287.9 billion.

Solana Price Today

On the other hand, SOL price slipped 0.6% in the past 24 hours to reach $131. Solana’s intraday low and high were recorded as $128.14 and $135.09, respectively.

It’s worth noting that Bybit recently launched the bbSOL, its first exchange-based Liquid Staking Token (LST) on Solana. Meanwhile, the crypto’s market cap rested at $61.11 billion today.

XRP Price Today

Simultaneously, XRP price slipped 1% to trade at $0.5461. The coin’s intraday low and high were $0.5411 and $0.5548, respectively. This waning movement primarily aligns with a nearly 57M XRP whale dump recorded by the tracker Whale Alert.

Meme Coins Prices Today

Besides, Dogecoin (DOGE) noted remarkable gains today, also defying the broader crypto market trend. DOGE price today rested at $0.09895, a roughly 2% uptick over the past day. However, Shiba Inu (SHIB) price slipped 0.2% to $0.00001335 today.

Similarly, Pepe Coin (PEPE), dogwifhat (WIF), and FLOKI prices waned by 1%-2%.

Top Crypto Gainers Prices Today

DOGS

TON-based DOGS price soared nearly 8% in the past 24 hours and is currently trading at $0.00109. The coin’s intraday low and peak were $0.001003 and $0.001119, respectively.

Helium (HNT)

HNT price gained roughly 7% in the past 24 hours and rests at $8.28. Its intraday lows and highs were $7.80 and $8.50, respectively.

Toncoin (TON)

TON price soared 6% over the past day and is currently sitting at $4.85. The coin’s 24-hour low and high were $4.53 and $4.88, respectively.

Top Crypto Losers Prices Today

MultiversX (EGLD)

EGLD price cracked 6% over the past day and currently rests at $24.95. The coin’s intraday low and high were $24.84 and $26.81, respectively.

UNUS SED LEO

LEO price slipped 5% in the past 24 hours and is currently sitting at $5.53. The coin’s 24-hour lows and highs were $5.48 and $5.91.

Bittensor (TAO)

TAO price tanked 4% over the day and is currently trading at $241. Its 24-hour lows and highs were $236.65 and $253.20, respectively.

Besides, the hourly time frame charts spark further investor speculations on the crypto prices today. BTC slipped 0.16%, whereas ETH waned 0.24%, raising concerns over future movements.

Conclusion

The crypto market experienced a mixed bag of price movements today, with some top cryptocurrencies like DOGS and HNT defying the broader trend. The market cap slipped below the $2 trillion level, while the total market volume decreased by 3.75%. As the market continues to fluctuate, investors are advised to keep a close eye on the price movements and market trends to make informed decisions.

FAQs

Q: What is the current market cap of the global cryptocurrency market?
A: The global cryptocurrency market cap slipped to $1.99 trillion today.

Q: Which cryptocurrencies experienced price gains today?
A: DOGS, HNT, and TON emerged as the top gainers today, with DOGS soaring nearly 8% and HNT gaining roughly 7%.

Q: Which cryptocurrencies experienced price losses today?
A: EGLD, LEO, and TAO were among the top losers today, with EGLD cracking 6% and LEO slipping 5%.

Q: What is the current price of Bitcoin (BTC)?
A: BTC price rests at $56,737 today, after slipping 0.6% in the past 24 hours.

Q: What is the current price of Ethereum (ETH)?
A: ETH price fell 0.5% in the past 24 hours and is currently trading at $2,393.

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