The cryptocurrency market experienced a notable uptick today, September 10, as Bitcoin (BTC) briefly surged past the $58,000 mark. Altcoins, including Fantom (FTM) and POPCAT, also saw impressive gains, positioning themselves as the day’s top performers.
Market Overview
The global crypto market cap increased by 2.5%, reaching $2 trillion, while trading volume spiked by 47.81%, totaling $68.99 billion. This positive momentum came ahead of key U.S. inflation data and the Federal Open Market Committee (FOMC) meeting, sparking optimism among investors.
Bitcoin Price Today
Bitcoin led the charge, gaining 3% in the past 24 hours to trade at $56,680. The leading cryptocurrency saw an intraday high of $58,041, briefly breaking the $58K threshold. Recent data from Metaplanet hinted at further bullish sentiment, with the company planning to increase its Bitcoin holdings. Bitcoin’s dominance in the market grew slightly to 56.03%, and its market cap stood at $1.12 trillion.
Ethereum, Solana, and XRP Prices
Ethereum (ETH) rose 2% and is currently priced at $2,345, while Solana (SOL) gained nearly 4%, trading at $133. XRP also posted a modest gain of 1%, with its price reaching $0.5342.
Despite the positive price action, Ethereum saw $5.2 million in outflows from its spot ETFs, raising questions among ETH investors. Solana and XRP showed continued strength, adding to the broader market’s optimistic outlook.
Meme Coins and Altcoins Performance
Dogecoin (DOGE) jumped 6%, trading at $0.1026, while Shiba Inu (SHIB) gained 1.76%, priced at $0.00001335. Other notable meme coins like PEPE, WIF, and FLOKI saw increases of 4%-8%.
Top Gainers: FTM and POPCAT
Fantom (FTM) led today’s rally with a 12% surge, hitting $0.4821, while POPCAT followed closely with an 11% gain, trading at $0.5988. Bittensor (TAO) also posted a 10% increase, reaching $264.95.
Top Losers: Helium, BitTorrent, and Starknet
On the downside, Helium (HNT) dropped 7%, trading at $7.73, BitTorrent (BTT) fell by 4% to $0.0000009006, and Starknet (STRK) declined by 3%, sitting at $0.4137.
As the market prepares for upcoming U.S. economic data, investor sentiment remains cautiously optimistic, with Bitcoin and altcoins showing promising movement.
The crypto market’s surge today highlights growing anticipation around global financial trends, with Bitcoin leading the charge and altcoins like Fantom and POPCAT capturing significant attention.
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