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    Crypto Price Update September 12: BTC Tops $58K, ETH, NEAR and Major Altcoins Rally

    The crypto prices today have ignited momentum, showcasing a resurgence after a period of downtrend. An overview of the crypto heat map shows

    Updated Sep 12, 2024
    Victor Swaezy

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    Victor Swaezy

    Crypto Price Update September 12: BTC Tops $58K, ETH, NEAR and Major Altcoins Rally

    The crypto prices today have ignited momentum, showcasing a resurgence after a period of downtrend. An overview of the crypto heat map shows broader green trading across the market. This is in contrast to yesterday’s data which reflected a significant mixed market, with the majority in red and a few in green.

    Notably, the total crypto market valuation has crossed the $2 trillion mark, increasing by 2.27% to rest at $2.04 trillion. This highlights a shift in market sentiment, as investors are showcasing signs of renewed confidence. Even though the crypto fear and greed index data still point to ‘fear,’ a continuation of this market uptrend may likely ease the tension among investors.

    Top Crypto Prices Today

    The price of Bitcoin has gained notably over the last day. After a decline to $56k yesterday, the flagship cryptocurrency has increased in value 24 hours later. Per CoinaMarketCap data, Bitcoin traded at $58,102, showcasing a 2.67% increase at the time of writing. Moreover, the trading activities involving BTC also surged in the last 24 hours by 18.78% to $38 billion. However, the growth today did not reflect in the ETFs as Soso Value data reveals that BTC ETFs had a daily total net flows of -$43.97 million as of September 11.

    Source: CoinMarketCap

    On the altcoin front, Ethereum has led the charge, recording marginal gains over the last day. Fresh data from CoinMarketCap show that the price of ETH gained 0.64% to change hands at $2,357. The second-largest cryptocurrency by market cap has traded as low as $2,281.99 and as high as $2,385.89 in the last 24 hours with a -$542.87k ETF flow according to data from the aforementioned tracker.

    Other Altcoin Prices

    Solana increased by 1.86% at the time of writing to trade at $134.86. Additionally, the price of Solana touched the bottoms and tops of $128.35 and $136.17 respectively in the last 24 hours.

    The price of XRP saw a marginal spike of 0.83% to trade at $0.5382. Its 24-hour bottoms and tops were recorded at $0.5235 and $0.5395 respectively.

    Binance Coin (BNB) saw notable gains in the last 24 hours. At the time of writing, BNB jumped by 5.44% to trade at $541.88 and maintained a 24-hour range of $509.26 and $546.19 respectively. TRX climbed 0.98% to change hands at $0.1537 with 24-hour lows and highs of $0.152 and $0.1539 respectively.

    Toncoin (TON) added 1.95% to touch $5.39 with a 24-hour trading range of $5.18 and $5.44.

    Meanwhile, Near Protocol (NEAR) has surged nearly 7% over the last 24 hours. However, at the time of writing, the coin traded at $4.15, representing a 5.49% increase. In a previous post, Coinfomania reported a price prediction for the NEAR coin by a notable crypto analyst. His analysis points to the $8.7 mark as the next target for the layer-1 blockchain network’s native coin.

    The memecoin market has seen significant gains in the last 24 hours. Dogecoin (DOGE) and Shiba Inu (SHIB), the two leading memecoins have both increased within this time. While DOGE surged by 1.82%, SHIB added by 1.14%. Consequently, DOGE and SHIB traded at $0.1026 and $0.00001342 respectively.

    To The Sun (SUNPUMP) gained 34.54% to $0.0009502

    Neiro on Tron (NEIRO) skyrocketed by 21.87% to reach $0.001489

    Simon’s Cat (CAT) surged 17.45% to $0.00002822

    Sui (SUI) added 15.29% to $1.02

    Artificial Superintelligence Alliance (FET) moved up by 10.34% to $1.44

    Victor Swaezy

    Victor Swaezy

    Editor

    Victor Swaezy is a crypto-journalist with more than 3 years of experience in covering blockchain technology and digital currencies news. Known for his comprehensive reporting, Victor has contributed to leading industry publications such as 36crypto and Crypto News Guru, providing market participants with the required knowledge to make informed decisions. When he is not working, he loves to watch movies and have a good time.

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