Crypto Market Overview: BTC Fails to Sustain Uptrend, Total Market Cap Dips Marginally by 0.47% to Rest at $2.22 Trillion

Today, the global crypto market has shown varied movements in prices. An overview of the crypto heat map reflects mixed trading patterns in red and green.

After a brief surge in the global crypto market yesterday that saw the price of Bitcoin (BTC) rise above $64k, the market failed to sustain the uptrend. Consequently, the total market valuation has dipped marginally. But even with the decline, investor sentiment continues to grow daily.

Here is a quick overview of how some of the top crypto have reacted over the last day.

Crypto Prices Today: Bitcoin (BTC) Sees Slight Decline

The price of Bitcoin, the largest crypto by market cap, saw little decline in value over the last 24 hours. According to on-chain data, the top cryptocurrency dropped by 0.68% to change hands at $63,289.

Bitcoin’s intraday low and high were marked at $62,742 and $63,779 respectively, with a one-day trading volume of $26.94 billion. The Bitcoin decline comes amid a $4.56 million ETF inflow as of September 23 per Soso Value data.

Next, the second-largest crypto by market cap, Ethereum, also dipped in the last 24 hours. CoinMarketCap data show that the price of ETH recorded a 0.58% drop to trade at $2,640.

Ethereum has traded between the range of $2,614.61 and $2,687.11 over the last day. Moreover, Ethereum exchange-traded funds (ETFs) saw massive outflows of $79.21 million according to Soso Value data. ETH had a 24-hour trading volume of $16.8 billion at press time.

Solana, XRP, BNB Prices Now

Solana witnessed little decline over the last day. SOL price dropped by 0.43% and is currently changing hands at $146.48. Solana’s intraday low and high were recorded as $142.79 and $146.87 respectively. Ultimately, the coin’s market cap touched $68.64 billion as of press time.

Meanwhile, the Ripple-backed XRP price also dropped at the time of writing. XRP lost 1.0% in the past 24 hours to reach $0.5859. The coin traded between the bottom and peak of $0.5816 and $0.5908, respectively. XRP’s market cap stood at $33.07 billion today.

Earlier, Coinfomania reported that Ripple transferred a staggering 200 million XRP coins to an unknown wallet and another whale dumped 17 million XRP to Bitstamp. These movements, which raised concerns among investors, could be attributed as one of the reasons for the current decline.

Binance Coin (BNB) saw the most gains among the top 10 after it jumped by 1.63% to reach $602.69 and maintained a 24-hour range of $588.67 and $615.40 respectively. TRX also recorded marginal gains in the last 24 hours. The TRX price climbed by 0.10% to trade at $0.152 with 24-hour lows and highs of $0.1516 and $0.1531 respectively.

Memecoins, DeFi Prices Today

The crypto memecoins market had mixed reactions over the last day. The Dogecoin price increased by 0.70% in value to $0.1083 today. However, Shiba Inu, the second-largest memecoin by market cap, dropped by 0.91% to $0.00001451. PEPE declined by 0.96% while Dog Wif Hat (WIF) increased by 3.99%.

Meanwhile, the DeFi market also exhibited varied movements in the last 24 hours. Ondo (ONDO), a DeFi primitive project, recorded a notable increase in value within this time. Per on-chain data, ONDO surged by 3.58% to rest at $0.7413. This uptick pushed ONDO to become the 17th most-traded asset over the last day, with a 24-hour trading volume of $481.4 million.

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