The crypto market is buzzing today and the coin prices are exhibiting significant uptrends. Notably, altcoins, especially the memecoin market have recorded impressive gains over the last 24 hours. Coins like Super Trump (STRUMP), Dogecoin (DOGE), Shiba Inu (SHIB), PEPE, and Dog Wif Hat (WIF) are taking center stage in this category. The rally comes on the heels of the Federal Reserve’s 50bps rate cut decision following the recently concluded FOMC meeting.
Meanwhile, the price of the flagship cryptocurrency, BTC, has breached the $63k mark, igniting bullish momentum across the market. Consequently, the total crypto market volume surged by 3.14% to $2.21 trillion at the time of writing. The excitement reflects investor sentiment, measured by the crypto fear and greed index. According to this data, the market has moved into a ‘neutral’ state, pointing to ’54,’ as opposed to yesterday’s ’49.’ We have collected some of the top cryptocurrencies in this post to see how they have reacted in the last 24 hours.
Top Crypto Prices Today
Over the last day, the Bitcoin price has hovered between the low and high of $61,910.90 and $64,082, respectively. BTC changed hands at $63,739 at press time, indicating a 2.88% increase. Interestingly, the upswing coincides with a $158.21 million inflow for Bitcoin ETFs as of September 19 according to Soso Value data. Notably, Bitcoin’s dominance rested at 56.73%, a decline of 0.06% over the past day.
Source: CoinMarketCap
Ethereum has mirrored this movement and has surged above the $2,500 mark. Live data from CoinMarketCap showed that the price of ETH traded at $2,557, a 5.51% increase in one day. Its intraday bottom and peak were recorded at $2,419.79 and $2,562.81 respectively. The flagship altcoin, however, saw a drop in its trading activity as its 24-hour trading volume reflects a 5.52% decline to rest at $19.4 billion. Moreover, ETH ETFs saw a $5.24 million daily total inflow as of September 19.
Other Altcoin Prices
The crypto Solana witnessed the most gains among the top 10 cryptocurrencies. SOL price surged by 8.77% and is currently changing hands at $150.52. Solana’s intraday low and high were recorded as $138.39 and $151.50, respectively. The coin’s market cap reached $70.49 billion at press time.
Also, the Ripple-backed XRP price gained only 0.89% in the past 24 hours to reach $0.5887. The coin traded between the low and high of $0.5789 and $0.5941, respectively. XRP’s market stood at $33.17 billion today.
Binance Coin (BNB) jumped by 2.84% to reach $573.27 and maintained a 24-hour range of $553.40 and $576.26 respectively. TRX also, recorded gains in the last 24 hours. The TRX price spiked by 1.49% to change hands at $0.1525 with 24-hour lows and highs of $0.1501 and $0.1528 respectively.
The memecoin market saw a broader uptrend in the last 24 hours. Dogecoin price saw a 2.28% gain in value to $0.1046 today. Similarly, Shiba Inu, the second-largest memecoin by market cap, increased by 3.09% to $0.00001436. PEPE and Dog Wif Hat (WIF) increased by 6.88% and 9.26% respectively.
Meanwhile, the Super Trump (STRUMP) memecoin rocketed in value at press time, positioning as one of the focused memecoin for today. Per on-chain data, the Politifi memecoin surged by 10.21% to reach $0.005933. The coin’s value continues to feed on the popularity of the political figure, Donald Trump.
Source: CoinMarketCap Top Trending Crypto Gainers Today
SuiPad (SUIP) skyrocketed by 84.09% to reach $0.123
Solana Name Service (FIDA) surged 60.53% to $0.3814
Solar (SXP) moved up by 41.60% to $0.3111
Strawberry AI (BERRY) jumped by 29.20% to $0.2153
NetMind Token (NMT) added 20.10% to $2.55
The post Crypto Price Update September 20: STRUMP, DOGE, PEPE, WIF Ignites Memecoin Season, BTC Breaks $63K appeared first on Coinfomania.