Current Status in the Crypto Market: Movements Capturing Investors’ Attention
Following recent market declines, the movements in cryptocurrency prices have managed to capture the attention of investors. The price of Bitcoin (BTC) seems to have maintained the critical level of $57,000, preventing further declines. Meanwhile, Ethereum (ETH) and Solana (SOL) continue to trade in the green zone, while XRP exhibits a highly volatile chart. Some altcoins, such as Injective (INJ) and 1INCH, have recorded remarkable increases in the last 24 hours. The global cryptocurrency market value has increased by 0.77% in the last 24 hours, reaching $2 trillion. However, the total market volume has decreased by 2.06% to $64.33 billion.
Leading Cryptocurrencies: Bitcoin and Ethereum
The price of Bitcoin (BTC) has increased by 0.6% today, trading at $57,094. BTC’s 24-hour low and high prices were recorded at $56,196 and $58,511, respectively. According to the information we shared on Kriptokoin.com, a $37.29 million outflow occurred in Bitcoin ETFs as of September 4. However, the resistance shown by the leading cryptocurrency Bitcoin has created a positive atmosphere among investors regarding the future. BTC’s market dominance has increased by 0.07% today, reaching 56.40%. The total market value of Bitcoin has been recorded at $1.13 trillion.
The price of Ethereum (ETH) has shown a 1.34% increase in the last 24 hours, reaching $2,403. The lowest and highest prices of Ethereum during the day were recorded at $2,363 and $2,488, respectively. As of August 4, a $37.51 million outflow was observed in spot Ethereum ETFs. Despite the fluctuations in the cryptocurrency market, Ethereum continues to gain value. Ethereum’s market value has been recorded at $290.27 billion today.
Status of Solana and XRP
The price of Solana (SOL) has increased by 3% and is currently trading at $132. The 24-hour low and high prices of SOL were recorded at $126.75 and $134.87, respectively. The total market value of Solana is around $61.64 billion.
The price of XRP is currently trading at $0.5536, exhibiting a highly volatile chart. The lowest and highest prices of XRP during the day were recorded at $0.548 and $0.564, respectively. The market value of XRP has reached $31.13 billion.
Developments in Meme Coin Prices
The meme coin sector has shown an upward trend in the last 24 hours. The price of Dogecoin (DOGE) has reached $0.09667 with a 1% increase. Additionally, the price of Shiba Inu (SHIB) has increased by 2%, starting trading at $0.00001339. Pepe Coin (PEPE) is trading at $0.00000723 with a 1.5% increase. Especially, the accumulation of a PEPE whale has created significant optimism for the token.
Top Gainers of the Day in Cryptocurrency
The price of Injective (INJ) has increased by 8% in the last 24 hours, reaching $16.95. The lowest price of INJ during the day was recorded at $15.45, while the highest price was $17.58. Similarly, the price of 1INCH has risen by 16.56%, currently trading at $0.269. The 24-hour low and high prices of 1INCH were recorded at $0.230 and $0.287, respectively. Additionally, the price of Starknet (STRK) has increased by 7%, reaching $0.3933. The lowest price of STRK during the day was $0.366, while the highest price was $0.417.
On the other hand, among the assets that have lost the most value in the crypto market, Notcoin (NOT) stands out. The price of NOT has decreased by 5%, falling to $0.00727, with the lowest price during the day being $0.007254 and the highest price being $0.007748. Similarly, the price of Toncoin (TON) has dropped by 4.5%, falling to $4.58. The price of THORChain (RUNE) has shown a 10% decrease, continuing to trade at $3.63. The lowest price of RUNE during the day was $3.60, while the highest price was $3.92.
