The crypto prices today have shown signs of resurgence after beginning the week in the red. According to data from the crypto heat map, the majority of the coins in the market are currently trading in green, reigniting hopes for a potential rally. Bitcoin has reclaimed the $59k mark, Ethereum rests at $2,500 while other major altcoins have seen significant increases.
However, the investors’ confidence in the market is still down, as depicted by the crypto fear and greed index. The metric shows that the emotions surrounding the market remain in ‘fear’ as it maintains 26 points in the last 24 hours. Notably, the total crypto market cap is up by 2.79% to $2.07 trillion. Below is a summary of how the top cryptocurrencies have reacted over the last day.
Source: Alternative Top Crypto Prices Today
The Bitcoin price has spiked by a significant amount over the last day. According to CoinMarketCap data, BTC climbed 2.70% at the time of writing to trade at $59,090. After slipping below the critical support of $58,450 yesterday, the flagship cryptocurrency has now jumped, reigniting optimism for a potential rally.
Interestingly, the upsurge coincides with a recent whale activity spotted over the last day. According to reports, a smart whale accumulated over 1,000 BTC from the leading crypto exchange, Binance. This move signifies improving confidence as the investor secures a sizeable amount with hopes for an imminent upward trajectory.
Ethereum, the second-largest cryptocurrency by market cap, also jumped within the last day. Per CMC data, the price of ETH gained 3.17% to change hands at $2,519 as of press time. In the last 24 hours, the coin has traded between $2,441.74 and $2,558.66, still recording a 6.36% loss in the weekly chart.
Other Altcoin Prices
Meanwhile, Solana surged by 5.44% at the time of writing to trade at $134.47. Additionally, the price of Solana touched the bottoms and tops of $127.57 and $136.89 respectively in the last 24 hours.
The Ripple-backed cryptocurrency XRP remains below the $0.6 mark. CMC data shows that the price of XRP saw an increase of 4.16% to rest at $0.5689. Its 24-hour bottoms and tops were recorded at $0.5466 and $0.5722.
Binance Coin (BNB) saw the most gains among the top 10 coins. At the time of writing, BNB increased by 5.95% to trade at $534.99 and maintained a 24-hour range of$507.29 and $537.39 respectively. TRX dipped by 1.25% to change hands at $0.1541 with 24-hour lows and highs of $0.1533 and $0.1569 respectively. Meanwhile, Toncoin (TON) spiked by 0.7% to touch $5.20.
Meanwhile, the memecoin market has seen a major rally in the last 24 hours. Dogecoin (DOGE) and Shiba Inu (SHIB), the two largest memecoins have both jumped within this time. While DOGE increased by 4.57%, while SHIB surged by 3.20%. Consequently, DOGE and SHIB traded at $0.09952 and $0.00001366 respectively.
Top Trending Crypto Gainers Today
Reef (REEF) gained 40.83% to $0.001131
Dogwifhat (WIF) skyrocketed by 13.80% to reach $1.60
Nervos Network (CKB) surged 11.29% to $0.008456
Conflux (CFX) added 8.19% to $0.1328
DeXe (DEXE) moved up by 7.81% to $7.71
The post Crypto Price Update September 3: BTC and ETH Leads Broader Market Resurgence appeared first on Coinfomania.
