$DOGS Crypto Price Update August 29: BTC Climbs $59K, ETH and Major Altcoins Rally, DOGS Crash

The crypto prices in the market today are showing signs of a potential recovery. An overview of the crypto heat map shows that the major altcoins are trading in the green zone, however, a sizeable portion of the market still maintains red. This depicts mixed sentiments among investors who are hoping for an imminent overall market rally.

In the past 24 hours, the sentiment surrounding the crypto market has dropped by one point to ’29’ from yesterday’s ’30’ on the crypto fear and greed index. This indicates ‘fear’ and little or no investor confidence in the market. During this time, the total crypto market cap has added a marginal 0.94% in value to $2.1 trillion. Below is an overview of the crypto market and how the top coins have reacted in the last 24 hours.

Top Crypto Prices Today

The price of Bitcoin, the flagship cryptocurrency, has reclaimed $59,000 after trading at $58k yesterday. At the time of writing, BTC changed hands at $59,717, representing a 0.44% increase over the last day. However, Bitcoin’s one-day trading volume plummeted by over 20% to $34.9 billion, indicating reduced activities surrounding the asset. At the same time, Bitcoin ETF saw a -$105.19 million flow as of August 28 according to Soso Value data.

Leading altcoin, Ethereum has increased in value over the last day. The price of the coin spiked by 2.61% to trade at $2,552 at the time of writing. Over the last day, Ethereum has traded between the range of $2,461.86 and $2,557.01, mostly staying above the $2.5k mark. Moreover, ETH ETF saw a total daily net inflow of $5.84 million as of August 28.

Coinfomania pointed out in a report earlier today the reasons behind the Ethereum double crash in one month. According to the post, four whales collectively moved a staggering $599 million ETH coins which contributed to the price decline witnessed by the coin between July and August.

Other Altcoin Prices

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