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Cryptocurrency Prices Today (September 17):
The broader market showcased a highly volatile movement over the past day, raising investor speculations globally. Bitcoin (BTC) price faced hurdles to gain a break above $58K, while ETH traded at $2,200. Simultaneously, the global crypto market cap saw a slight 0.04% upswing while reporting, reaching $2.02 trillion today. Moreover, the total market volume surged 23.04% to $63.69 billion.
However, Solana (SOL) and XRP prices traded dominantly in the green zone. Here’s a brief report on some of the top cryptocurrencies by market cap and their price action today, September 17.
Crypto Prices Today: BTC & ETH Struggle While SOL & XRP Gain
Bitcoin and Ethereum prices today have maintained trading near the previous day’s levels. However, SOL and XRP showcased considerable gains as of writing.
Notably, the crypto market witnesses a turbulent movement ahead of the FOMC, which is expected to offer a 50 bp rate cut by the Fed. CME FedWatch Tool’s data illustrated the expectations of a 50 bp rate cut rising remarkably.
Bitcoin Price Today
BTC price rested at $58,098 today, a 0.7% dip in the past 24 hours. The coin’s 24-hour low and high were recorded as $57,501.34 and $59,154.62, respectively.
This volatile movement comes in tandem with $12.8 million inflows in Bitcoin ETFs, raising speculation among market watchers. Besides, the flagship crypto’s dominance saw a 0.16% decline in value to 56.71%. Nonetheless, despite today’s turbulency, market stats have birthed optimism for the coin’s price ahead. A recent report by CryptoQuant on X revealed new whales and Binance traders are actively accumulating, whereas old whales continue to hold, underscoring market confidence for the asset.
Ethereum Price Today
ETH price showed slight gains of 0.3% as of writing and is currently trading at $2,284. The coin’s intraday low and high were recorded as $2,263.79 and $2,334.79, respectively.
U.S. spot Ethereum ETFs registered $9.4 million in outflows as of September 16, raising investor concerns across the market. Another report by CryptoQuant on X shows that Ethereum’s futures market illustrated the lowest funding rates of 2024, solidifying market concerns surrounding the asset.
Solana Price Today
However, Solana (SOL) traded at $131, a gain of 0.6% in the past 24 hours. The coin’s intraday low and high were $129.14 and $132.30, respectively. Solana’s market cap rested at $61.52 billion today.
XRP Price Today
Simultaneously, XRP price pumped nearly 4% in the past 24 hours and is currently trading at $0.5868. Its intraday low and high were recorded as $0.5658 and $0.5898, respectively. XRP’s pumping movement comes in tandem with 40M coins moved by XRP whales over the past day, adding a layer of intrigue among market watchers. The Ripple-backed coin’s market cap rested at $33.08 billion today.
Meme Coins Performance
On the other hand, Dogecoin (DOGE) price saw a 1.5% dip in value today, reaching $0.09982. Similarly, Shiba Inu (SHIB) price dropped 0.7% to $0.00001319 today. However, PEPE gained by 0.17% and WIF by 1% in the past 24 hours.
Top Cryptocurrency Gainers Prices Today
Fantom (FTM) surged nearly 7% in the past 24 hours and is currently trading at $0.5155. The coin’s intraday lows and highs were recorded as $0.4842 and $0.5301, respectively.
Celestia (TIA) pumped nearly 4% over the past day to trade at $4.83. The coin’s intraday low and high were $4.48 and $4.84, respectively.
BitTorrent (BTT) saw a nearly 5% uptick in value and is currently trading at $0.0000008865. The coin’s intraday low and high were $0.0000008368 and $0.0000009064, respectively.
Top Cryptocurrency Losers Prices Today
Sei (SEI) dropped 7% over the past day and is currently trading at $0.2701. The coin’s 24-hour low and high were $0.2657 and $0.2965, respectively.
Nervos Network (CKB) plunged 5% in the past 24 hours and is currently resting at $0.0155. The coin’s intraday low and high were $0.01502 and $0.01698, respectively.
Render (RENDER) slipped 4% in the past 24 hours and is currently trading at $4.67. The coin’s intraday low and high were $4.66 and $4.99, respectively.
Conclusion
The crypto market witnessed significant price fluctuations today, as investors anxiously await the FOMC meeting. Amidst the turbulence, some coins demonstrated remarkable resilience and gains. As the market continues to evolve, market participants are advised to maintain a close eye on updates and stay informed about changes in market conditions.
FAQs
Q: What happened to Bitcoin’s price today?
A: Bitcoin’s price rested at $58,098, a 0.7% dip in the past 24 hours.
Q: What about Ethereum’s price today?
A: Ethereum’s price showed slight gains of 0.3% as of writing and is currently trading at $2,284.
Q: Which coins were the top gainers and losers today?
A: Fantom (FTM) was the top gainer, surging 7%, while Sei (SEI) and Nervos Network (CKB) were the top losers, dropping 7% and 5% respectively.
