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Cryptocurrency market capitalization recovered from the previous day, reaching $978.77 billion at 06:00 UTC on September 8, an increase of 4.29% over the past 24 hours.
Bitcoin’s market cap has grown by almost 2.5% ($10 billion) in a single day to $369.61 billion. Meanwhile, Ethereum’s market cap has increased by 8% to $199.87 billion from about $185 billion on Sept. 7.
After a day’s deficit, the top 10 cryptocurrencies follow Bitcoin (BTC) and Ethereum (ETH) recovering, with Binance Coin (BNB) second only to Ethereum at 6.35%, according to CryptoSlate data. recorded an increase in
Tether (USDT) and US Dollar Coin (USDC) market caps remained flat throughout the day at $67.55 billion and $51.69 billion respectively. BinanceUSD (BUSD) market cap is also flat, with him at $19.7 billion at the time of writing.
After the price drop on Sept. 6, BTC recovered slightly over the past 24 hours, trading around $19,306 at 06:00 UTC. It is up 2.91% during the day. However, despite the price recovery, BTC’s market dominance has further declined to 37.8% at press time, compared to 38.3% the day before. BTC’s market dominance is declining day by day and its current level was seen over four years ago.
The largest cryptocurrency recovery lacks momentum and market sentiment remains largely bearish. Bitcoin Fear and Greed Index shows extreme fear.
Over the past 24 hours, BTC has traded between $18,800 and $19,400. Around 20:00 UTC on September 7, BTC took its most significant gain of the day when the price jumped from around $19,000 to over $19,350.
ETH’s price is up 7.82% over the last 24 hours and is trading at around $1,634 at the time of writing, making up for all of the previous day’s losses. Expectations of a merger scheduled for September 13-15 have been a major factor in the rise in ETH price over the past few weeks.
ETH’s price has recovered faster than BTC’s and has consistently performed well over the past month as the merge approaches. According to data from the Ethereum Foundation, the total ETH wagered on ETH 2.0 contracts has stabilized at 14.27 million.
From around $1,500 the day before, ETH continued to climb to around $1,570 by 19:00 UTC. This momentum pushed the token above his $1,600 mark and up to $1,650.
LUNC grew 44.35% and traded at $0.00053 at the time of publication, recording the biggest profit of the day. His V22 upgrade of the network, which enabled token staking late last month, has given the community a boost. The token is up 128.44% over the past week.
HNT’s price has been extremely volatile over the past 24 hours, up 35.08% and trading at $5.22 at the time of writing. Between 01:00 am and 3:00 am UTC, the price of the token plummeted from $5.28 to $3.59 and back to about $5.18. The token is down 38.37% over the last 30 days. The community has been wondering since the developer suggested moving the project to the Solana network.
The price of SYN is up 22.71% over the last 24 hours, trading at $1.59 at the time of writing. The token has recovered all losses from the previous day and is up 31.68% over the past week. Fluctuations in token prices can be attributed to volatility.
The price of EOS is up 22.54% over the past 24 hours, with the token trading at $1.70 at the time of going public. The token is up 43.22% over the last 30 days.
RLC has recovered most of its monthly losses after gaining 18.98% over the last 24 hours and trading at $1.22 at the time of writing. From just over $1, the intraday token price climbed to $1.26.
NTVRK is down 5.47% over the past 24 hours, trading at $0.22 at the time of publication. The token experienced high volatility throughout the day.
XCN posted a 4.49% loss in the last 24 hours. The token is trading at $0.06 at the time of writing, and his weekly loss widens to 14.24%. Token has fallen consistently since his August 22nd.
REQ is trading at $0.12 at the time of writing, down 1.95% over the past 24 hours. During the day, the token price surged to $0.13, but quickly fell.
DFI continues to lose momentum, down 1.66% over the past 24 hours and trading at $1.01 at the time of writing. The token has been fixed, removing all losses from earlier this month.
Cryptocurrency exchange OKX’s native token has fallen 1.49% over the past 24 hours, trading at $13.91 at the time of publication. Around 14:30 UTC, the token price plummeted from around $14.35 to $13. I’m 40 and have recovered a bit since then.
