Story Highlights
- Bitcoin Update: BTC price brushes $59k levels, before rising back to $60k
- Ethereum Analysis: ETH price shows a strong hold at $2,411.
- Altcoin Watch: CKB, SUI show gains, while SATS, HNT paint red.
Crypto Prices Today: The global crypto market has been sideways since Asian hours. The industry’s market cap is currently at $2.09, with gains of 0.07% over the previous day. Amidst fear given the FOMC meeting, Bitcoin’s (BTC) price has reclaimed its $60k level, and Ethereum (ETH) continues to hold its $2,400 level strong. On the other hand, other blue chips like Solana, Tron, Toncoin, and XRP have shown little to no gains.
Bitcoin Price Today: Will BTC Fall Below $60k?
After brushing the levels around $59,455.6 earlier today, Bitcoin’s price is currently at $60,020.48. This comes given the growing fear amongst investors in the crypto space. In the last 24 hours, Bitcoin’s trading volume is down 58.43%, signaling a possible downturn ahead.
Concerned about where the BTC price is headed in the future? Our Bitcoin Price Prediction answers that and much more!
Altcoins Prices Today: ETH Sustains the $2,400 Level
Ethereum continues to hold its $2,400 level strong, despite growing uncertainty in the business. On the other hand, Solana, XRP, and Toncoin have been struggling to retain their levels around $135, $0.58, and $5.62 respectively.
Top Gainers Today:
- CKB surged 22.2% in 24 hours, backed by its current Upbit listing.
- SUI gained 7.62% taking its price to $1.09, driver being the launch of the Grayscale Sui Trust.
Top Losers Today:
- SATS price dropped by 4.28% to $0.0003028, due to broader market trends.
- Helium recorded a loss of 4.22%, which took its price to $7.21.
The market has been favorable to the bears today, with the total 24-hour trading volume dropping by 45.57% to $34.7B. Amidst the turmoil, the industry witnessed events like Regulatory developments including Mercuryo adding USDC to BASE and MoonPay securing Australian registration. Additionally, MicroStrategy expanding its Bitcoin holdings, and Grayscale launching an XRP Trust.
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