Today, cryptocurrency prices soared, led by Bitcoin and Ethereum, while meme coins such as Popcat saw major gains.
Cryptocurrency prices have continued their recent upward trend today, fueling positive sentiment among investors.
Bitcoin (BTC) climbed above the $64,000 mark, while Ethereum (ETH), Solana (SOL), Cardano (ADA), and Ripple’s XRP also saw substantial gains.
At the same time, Popcat (POPCAT) and Pepe Coin (PEPE) emerged as some of the day’s top-performing cryptocurrencies.
In the last 24 hours, the overall crypto market cap jumped 4.21% to reach $2.25 trillion.
Additionally, the total volume of the crypto market saw a significant increase.
Let’s take a closer look at some of today’s leading cryptocurrency prices.
Cryptocurrency Prices Today Continue to Rise
Bitcoin Price Today
As of August 2024, Bitcoin’s price surged by 4.98% to $64,010.25.
The intraday low and high were $60,719.48 and $64,947.06, respectively.
The BTC market cap rose to $1.26 trillion, particularly following hints from Fed Chair Jerome Powell about an upcoming rate cut.
Ethereum Price Today
Meanwhile, Ethereum (ETH) traded at $2,750.39, up 3.07% from the previous day.
The 24-hour low and high for Ethereum were $2,634.72 and $2,799.33, respectively.
However, concerns arose over whether the rally could continue following the Ethereum Foundation’s $94 million ETH sale.
Solana Price Today
Solana (SOL) saw a 6.17% increase, trading at $154.55 amidst the broader cryptocurrency rally.
Solana’s 24-hour low and high were $143.16 and $155.34, respectively.
The coin’s market cap was $71.96 billion, and its 24-hour trading volume reached $2.78 billion, marking a massive 101.17% rise over the past day.
XRP Price Today
XRP’s price rose 1.42% over the past 24 hours, reaching $0.6084.
The 24-hour low and high were $0.5943 and $0.6156, respectively.
Additionally, trading volume increased by 22.09% to $1.18 billion.
Earlier this week, Ripple began minting RLUSD stablecoins on both the XRP Ledger and the Ethereum mainnet.
Meme Crypto Prices Today
Dogecoin (DOGE) increased by 5.47% to $0.1127 over the last day.
Shiba Inu (SHIB) also saw a rise of 6.25%, reaching $0.00001523 today.
These gains align with the overall upward trend in major cryptocurrency prices today.
Top Cryptocurrency Gainers Today
- Popcat (POPCAT): This popular meme coin on Solana surged 25.02% to $0.7605.
- SATS (1000SATS): The cryptocurrency increased by 22.91% to $0.0003905.
- Core (CORE): The token recorded a 13.83% gain to $1.21.
- Sui (SUI): The SUI crypto rose 13.46% to $0.9966.
Top Cryptocurrency Losses Today
Only Binance Coin (BNB) lost significant value among the major cryptocurrencies today.
The price of BNB fell by 0.95% to $576.72.
Meanwhile, other major cryptocurrencies continued to gain on optimism surrounding potential Fed rate cuts.
