Crypto News– Crypto market update: On Saturday, September 16, the sentiment within the cryptocurrency market appears mixed, as investors exhibit caution amidst lingering concerns. Most major cryptocurrencies have been hovering around a stable level, and Bitcoin (BTC) has seen a slight uptick in value compared to the previous day. However, the crypto market’s Fear and Greed index currently stands at 38, indicating that the overall sentiment remains in the ‘fear’ zone.
Crypto Market Update: Pepe Coin and Aave Surge Amidst Bitcoin’s Stability
As of the time of writing, the price of Bitcoin has experienced a modest 0.21% decrease, settling at $26,597.09, and its market capitalization has also dipped by the same percentage, now standing at $518,298,589,375. Trading volume for Bitcoin over the last 24 hours has declined by 8.87%, amounting to $11,573,780,915.
Ethereum‘s price has seen a slight increase of 0.39% over the past 24 hours, reaching $1,639.90, although its trading volume has decreased by 8.38%, currently at $4,385,076,220. Cardano’s price, on the other hand, experienced a 0.63% drop to $0.2525 at the time of writing, but its trading volume surged by 18.45% to $128,425,908.
Pepe Coin Registers a 0.99% Increase in Value
When this was written, Pepe coin was valued at $0.0000006888, reflecting a 1.06% increase over the past 24 hours. Its market capitalization also saw a 1.02% uptick, reaching $269.66 million, while its trading volume surged by 5.93% to reach $43.02 million. The Pepe coin remains a point of interest for traders, especially given the volatile nature of the global cryptocurrency market.
THORChain (RUNE) Experiences Impressive 9% Surge
On Saturday, the price of THORChain (RUNE) displayed a remarkable 9.13% increase in the last 24 hours, reaching $1.90 at the time of writing. During this period, the cryptocurrency’s daily trading volume also witnessed a substantial surge, rising by 51.19% to $111,774,733. While there isn’t any specific news to account for this recent upswing, it appears that investors are directing their attention toward this cryptocurrency, driving its price up by almost 20% over the course of the past week.
Aave (AAVE) Surges by Impressive 6.71%
While composing this, the price of Aave (AAVE) experienced a substantial 9.29% surge, reaching $59.91. Simultaneously, the trading volume over the past 24 hours skyrocketed by an impressive 79.31% to $102,318,738. The cryptocurrency’s market capitalization also witnessed substantial growth, rising by 9.28% to $870,976,452 within the last day. Notably, the project recently announced its participation in the ETHGlobal event taking place in New York, a three-day event scheduled for September 22-24.
Maker (MKR) Records a Solid 6% Increase
As of September 16, the Maker (MKR) price saw a 5.41% increase, reaching $1,281.20. Over the past 24 hours, the trading volume for this cryptocurrency also grew by 5.42% to reach $1,252,678,279. Additionally, the project shared via their official account that they have released details for a Maker Governance poll, awaiting approval to activate SparkLend on the Gnosis Chain.