Crypto Prices Today (September 24): Bitcoin, Ethereum, Solana, and XRP Experience Decline Amid Market Volatility

Crypto Prices Today (September 24): Bitcoin, Ethereum, Solana, and XRP Experience Decline Amid Market Volatility

Today’s cryptocurrency market witnessed a notable shift, sparking widespread speculation among investors globally. While leading digital assets like Bitcoin and major altcoins showed weakening price momentum, Celestia (TIA) emerged as a standout performer, recording significant gains. Meanwhile, the global cryptocurrency market cap slipped by 0.81%, falling to $2.22 trillion, though the total trading volume surged by 29%, reaching $75.93 billion.

Below is a snapshot of the performance of key cryptocurrencies by market capitalization, as of September 24.

Major Cryptocurrencies: BTC, ETH, SOL, and XRP Post Declines

Bitcoin, Ethereum, Solana, and XRP faced downward pressure today, continuing the broader market trend. Bitcoin (BTC) briefly dipped to $62,000, triggering concerns among investors, especially as leading market analysts warned of increased volatility following the recent FOMC meeting, despite an anticipated rate cut.

Bitcoin (BTC) Price Today

Bitcoin prices dropped by over 2% in the last 24 hours, currently trading at $62,946. The coin saw a daily low of $62,737.42 and a high of $64,455.31. These fluctuations align with modest inflows into Bitcoin ETFs, which registered just $4.56 million on September 23. Bitcoin’s market dominance fell by 0.3%, settling at 56.26%, while its overall market capitalization stood at $1.25 trillion.

Notably, Michael Saylor, Chairman of MicroStrategy, has proposed the idea of Bitcoin-backed loans, reigniting discussions about the asset’s long-term potential.

Ethereum (ETH) Price Today

Ethereum followed suit, recording a 2% decline in the past 24 hours. ETH is currently trading at $2,628, with an intraday low of $2,610.86 and a high of $2,701.68. The coin’s market cap sits at $316.27 billion. Ethereum’s downward movement is further pressured by $79 million in outflows from Ethereum ETFs, according to data from Soso Value. Additionally, the Ethereum Foundation’s recent sales have added more downside pressure to the asset’s price action.

Solana (SOL) Price Today

Solana’s price dipped nearly 1% over the past day, currently trading at $146. The coin’s intraday low and high were recorded at $142.64 and $148.15, respectively. Solana’s market capitalization rests at $68.68 billion.

XRP Price Today

XRP saw a 1.5% drop over the past 24 hours, trading at $0.5853. The coin hit a low of $0.5819 and a high of $0.5952. XRP’s market capitalization is currently $33.03 billion. This price movement follows Ripple’s recent transfer of 200 million XRP, which has sparked discussions within the global crypto community.

Meme Coins Performance: Dogecoin, Shiba Inu See Mild Declines

The meme coin sector also mirrored the broader market decline. Dogecoin (DOGE) saw a minor 0.2% dip, trading at $0.1081. Similarly, Shiba Inu (SHIB) fell by nearly 2%, now priced at $0.00001449. Other notable meme coins like Pepe (PEPE), Dogwifhat (WIF), and Floki (FLOKI) also posted declines ranging from 0.5% to 3% today.

Top Gainers in Crypto Prices Today

Celestia (TIA):
TIA saw a remarkable 20% increase over the past day, now trading at $6.5. The coin hit an intraday low of $5.36 and a high of $6.89. This surge coincides with Celestia Foundation’s announcement of a $100 million funding round aimed at advancing development efforts.

Arweave (AR):
AR posted a 14% rise and is currently trading at $23. The cryptocurrency’s daily low was $19.86, and it reached a high of $23.18.

NEAR Protocol (NEAR):
NEAR saw an over 10% increase, now trading at $5.27, with an intraday low of $4.64 and a high of $5.28.

Top Losers in Crypto Prices Today

UNUS SED LEO (LEO):
LEO experienced a 6% drop over the past day, trading at $5.55, with a low of $5.55 and a high of $6.04.

Fantom (FTM):
FTM plummeted 6%, trading at $0.6357, with an intraday low of $0.6318 and a high of $0.6683.

Pendle (PENDLE):
PENDLE prices fell 5% over the past day, currently trading at $3.91. The coin’s daily low was $3.86, and its high was $4.06.

Crypto Market Outlook

As the day progresses, Bitcoin, Ethereum, and several altcoins continue to display a weakening trend across hourly charts, deepening investor concerns about the current state of the cryptocurrency market.