Crypto Daily

Crypto Price Analysis 9-27 BITCOIN: BTC, ETHEREUM: ETH, SOLANA: SOL, DOGECOIN: DOGE, RIPPLE: XRP, BITTENSOR: TAO, RENDER

Bitcoin (BTC) went above the crucial $65,000 mark for the first time in four weeks and is up almost 3% over the past 24 hours. BTC’s move past $65,000 comes just ahead of the expiry of over $5.8 billion in options contracts, which analysts believe could increase volatility in the crypto markets. The jump seems to be driven primarily by monetary stimulus in the US and China, which led to crypto markets registering a substantial jump.

Nearly all major cryptocurrencies are in the green, led by Solana (SOL), which has been up over 5% in the past 24 hours, and Dogecoin (DOGE), which has been up almost 12%. Other major gainers include Polkadot (DOT), up 4%; Chainlink (LINK), up 5.35%; Bittensor (TAO), up almost 2%; and Render (RNDR), up just over 5%. The overall crypto market cap also registered a substantial increase, rising by nearly 2.5% to $2.29 trillion.