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Crypto News Today (Sept 23rd, 2024): Bitcoin Price Fails at $65k, Is this an Altseason Sign?

Published by
Qadir AK

Cryptocurrency News: The crypto space has shown positive movements since early Asian trading hours today. With the fear and greed index at a neutral score of 51, the global market cap of the industry is up 1.57% at $2.24 Trillion. In the meantime, Bitcoin after inching closer to the $65k mark is trading firm at $63k level. Ethereum and other altcoins have held their levels firm in view of an altseason.

Bitcoin Price Analysis: When will BTC Make a Comeback?

Bitcoin price at the time of press is trading at $63,781.98 with intraday gains of 1.21%. This comes after the BTC price failed to cross the $65k mark earlier today. This resulted in over $160M in liquidations. Successively, Bitcoin witnessed a surge in 24-hour trading volumes by 87.7%

Interested in BTC price targets? Our Bitcoin Price Prediction answers that and much more!

Altcoin Watch: Is Altseason Near?

With the dominance of Bitcoin at 57%, investors are speculating the possibility of an Altseason. Amidst this Ethereum continues its uptrend, trading at $2,656.85, up by 2.70%. Meanwhile, Solana price dropped by 0.64% to $146.63, and XRP price by -1.12% to $0.591.

For long-term price targets of ETH, read our Ethereum Price Prediction

Top Gainers: 

  • Bittensor (TAO) price rose an astonishing 23.32% to a target of $575.60.
  • Sui followed next with 13.33% gains to a price tag of $1.62.

Top Losers: 

  • Pendle price recorrected by 7.01% to $4.03 after a healthy leg-up yesterday.
  • SATS price sunk 3.06% to its face value of $0.0002943.

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Qadir AK

Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.

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