Analysis

Crypto News Today (Sept 22nd, 2024)

Published

1 year ago

September 22, 2024

Cryptocurrency Information: The crypto market is exhibiting indicators of stability as the entire market capitalization reaches $2.2 trillion, reflecting a 0.58% improve prior to now 24 hours. The Concern & Greed Index, a measure of market sentiment, stays impartial at 51, indicating balanced feelings amongst traders.

Bitcoin Value Evaluation: ETFs to Enhance BTC Value?

The worth of Bitcoin is at present regular at $63,021.31 and has not modified over the previous day. However, a notable 51.40% drop in buying and selling quantity may point out that the market will not be experiencing a right away increase. Whereas there was pleasure following the $150 million funding in Bitcoin ETFs, there was no worth breakout but.

Serious about BTC’s worth targets? Our Bitcoin Value Prediction solutions that and rather more!

Altcoin Watch: Altseason accessible quickly?

Ethereum continues its upward transfer, buying and selling at $2,590.56, up 1.55%. In the meantime, Solana witnessed a modest worth improve of 0.37%, buying and selling at $147.32, whereas XRP noticed stronger momentum with an increase of two.65%, now priced at $0.5976. With altcoins making regular strikes and changing into more and more dominant, expectations for an altseason are excessive.

For long-term worth targets of ETH, learn our Ethereum worth forecast

Finest winners:

Pendle was within the highlight right now, rising 24.81% to $4.34 in 24 hours, pushed by a spike in betting exercise on its platform.
Bittensor additionally noticed a strong acquire of 14.14%, with its worth rising to $462.89
Akash Community rose 10.32% to achieve $2.90.

Finest Losers:

Celestia topped the listing of decliners, down 3.98% to $5.64.
Quant additionally suffered a decline of two.70%, now priced at $73.54.
Meme coin Popcat adopted and fell 2.20% to $0.8725.

READ Can ETH Bounce Back Above $2,000?

With ETF inflows rising, the crypto market may see a possible shift in sentiment as we method the weekend. Control Bitcoin buying and selling quantity for additional insights.