Following a sluggish market, crypto prices today have reignited global investor interest. Bitcoin (BTC) managed to prevent further losses, holding steady at $57K, while Ethereum (ETH) and Solana (SOL) traded strongly in the green. Notably, XRP showed heightened volatility, while smaller altcoins like Injective (INJ) and 1INCH experienced remarkable price surges over the last 24 hours.
The global crypto market cap saw a modest 0.77% increase to $2 trillion, reflecting a cautiously optimistic sentiment. However, the total market volume dipped by 2.06% to $64.33 billion. Let’s take a closer look at the top-performing cryptocurrencies and their movements today, September 5.
Bitcoin Price Today
Bitcoin regained its position above $57K, trading at $57,094, a 0.6% increase in value. Over the past 24 hours, BTC ranged between $56,196.38 and $58,511.57. Despite $37.29 million in Bitcoin ETF outflows as of September 4, the cryptocurrency’s resilience has sparked optimism among investors.
Bitcoin’s market dominance rose slightly to 56.40%, and its market cap currently stands at $1.13 trillion, signaling continued confidence in the market’s leading digital asset.
Ethereum Price Today
Ethereum also gained momentum, climbing 1.34% to $2,403. The second-largest cryptocurrency by market cap saw intraday lows and highs of $2,363.51 and $2,488.92, respectively. Despite $37.51 million in Ethereum ETF outflows as of August 4, ETH has maintained a steady upward trajectory. Ethereum’s market cap today is $290.27 billion.
Solana Price Today
Solana experienced a solid rally, surging nearly 3% to $132. The 24-hour low and high for SOL were $126.75 and $134.87, respectively. Its market cap currently stands at $61.64 billion, solidifying its position as one of the top gainers today.
XRP Price Today
XRP, known for its volatility, traded at $0.5536 at the time of writing, with a 24-hour low of $0.548 and a high of $0.5645. XRP’s turbulent price action has left investors watching closely. Its market cap sits at $31.13 billion.
Meme coins also regained some ground today. Dogecoin (DOGE) saw a modest 1% rise to $0.09667, while Shiba Inu (SHIB) gained 2%, trading at $0.00001339. PEPE, another notable meme coin, climbed 1.5% to $0.00000723, fueled by whale accumulation that sparked market optimism.
Also Read: Riot vs. Bitfarms – The $1.2B Bitcoin Mining Showdown Heating Up Ahead Of Oct. 29 Vote
Top Cryptocurrency Gainers
- Injective (INJ): INJ surged 8% to $16.95, with a 24-hour low of $15.45 and a high of $17.58.
- 1INCH: 1INCH skyrocketed 16.56% to $0.269, making it one of the day’s top performers.
- Starknet (STRK): STRK gained 7%, trading at $0.3933 after hitting a high of $0.4174.
Top Cryptocurrency Losers
- Notcoin (NOT): NOT slipped 5% to $0.00727, making it one of the worst performers today.
- Toncoin (TON): TON fell 4.5% to $4.58.
- THORChain (RUNE): RUNE experienced a sharp 10% drop to $3.63, continuing its downward trend.
As the market fluctuates, investors remain keen on tracking the next big moves, with Bitcoin’s resilience and Ethereum’s steady climb offering a glimmer of hope in an otherwise volatile landscape.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
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