Bitcoin Price Today | Crypto Prices Today: Bitcoin (BTC) Price Rises Above $41,500, Ether Edg
The crypto market made a comeback on Saturday morning as major digital assets hit the purple zone again. While inflows into U.S.-listed exchange-traded funds that track Bitcoin may not have been successful in pushing up Bitcoin’s price, strong trading volumes suggest Bitcoin ETFs are initially successful.
If you want to gauge the early performance of Bitcoin ETFs, just look at daily trading volumes. Nine Bitcoin ETFs, excluding Grayscale Bitcoin Trust ETF, witnessed a 12% increase in trading volumes at the close of trading on Friday, according to Bloomberg senior ETF analyst Eric Balchunas, parofix News reported.
On the price front, the price of Bitcoin (BTC) rose over 1% to $41,596 on Saturday morning after hitting a 30-day low of $40,800 earlier this week. While Bitcoin’s market value increased to $815.2 billion, transaction volumes in the last 24 hours decreased by 9% to $24.2 billion.
Ethereum, the second largest cryptocurrency, also rose by 0.7% to $2,478 in the last 24 hours. Ether’s market value increased to $298 billion. However, the transaction volume decreased by 10% in the last 24 hours, reaching 10.6 billion dollars.
Among smaller cryptocurrencies, tether (USDT) price remained stable, BNB price increased 0.8%, but solana (SOL) price fell 0.3% and XRP lost almost 1%. Cardano (ADA) gained 2.3% but Avalanche (AVAX) fell 1%.
Memecoins were trading in green; dogecoin and Shiba Inu are up 1% and 2% respectively. The global crypto market increased by approximately 1.5% to $1.64 trillion. Meanwhile, the fear and greed index level remained at 57, indicating weak investor sentiment.
Top 3 Cryptocurrencies For Today
pepe Coin Started to Slide Even More
The price of Pepe Coin decreased by 0.14% in the last 24 hours to $0.000001124 and its market value dropped to $473.1 million. Trading volume in the last 24 hours decreased by approximately 24% to $55.4 million.
Pepe Price Table
Chainlink (LINK) Price Increased by 9%
chainlink (LINK) price increased by 9.5% to $16.18 in the last 24 hours. This was also reflected in its market capitalization, which rose to $9.1 billion. 24-hour trading volume increased by 52% to over $945 million.
Chainlink (LINK) price chart
arbitrum (ARB) Price Dropped 2%
Arbitrum’s price dropped over 2% in the last 24 hours to $1.83. The token has fallen nearly 15% over the past seven days, dropping its market cap to $2.3 billion. Transaction volumes decreased by 14% in the last 24 hours, reaching $585.5 million.
Arbitrum (ARB) Price Chart; All Image Credits: CoinMarketCap
Also Read: XRP Case: ripple Returns to SEC to Seek Financial Statements and Discovery
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