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Crypto News Today (September 18th, 2024): Bitcoin Price Fails to Hold $61k, CKB Surges Again!

Published by
Qadir AK

Cryptocurrency News Today: The market resumed its day on a positive note, such that the market cap is up by 2.31% to $2.08 Trillion. Bitcoin price retested its $61k level before recorrecting back to the $60k level. This comes given rising hopes of rate cuts in the FOMC meeting scheduled today. However, ETH, SOL, and XRP have failed to show any improvements.

Bitcoin Price Today: Is a 10% Hike on Radar?

At press time, the BTC price is at $60,463.23, with gains of 3.33% in 24 hours. Bitcoin has also seen a 39.86% spike in trading volumes. This comes given the ETF inflows and Singapore-based DBS announcing its plan to launch BTC & ETH options trading. 

Keen on the BTC price targets? Our Bitcoin Price Prediction answers that and much more!

Altcoins Today: ETH, SOL, XRP Refuse to Rise?

Ethereum continues to hold its price level of $2,300, with negligible gains of ~1%. Solana and XRP prices saw a dip of 0.8% and 1.43%, which took their prices to $131 and $0.5784 respectively.

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

Top Crypto Gainers Today: 

  • Nervos Network’s CKB rules the list with 15.42% gains with a price tag of $0.01819.
  • Bittensor (TAO) ranks second with a price surge of 11.67%.
  • Immutable X (IMX) price rose 9.87% to claim a tag of $1.37.

Top Crypto Losers Today:

  • Helium (HNT) price continued its fall from yesterday, marking a loss of 3.86% at $6.75.
  • Arweave (AR) with a dip of 3.34% trades at $18.47.
  • Maker at -3.18% loss trades at $1479.46.

The business in the crypto space has shown positive movements in the past 24 hours. With the improving fear and greed index, the volumes too have risen by 25.11% taking the numbers to $77.32B. 

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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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