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Author Topic: Crypto Update news 29, Sep: Bitcoin Remains Below $20,000, XRP Up 10 percent  (Read 680 times)

Offline Coin_Gabbar

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Crypto Market in Neutral.
Crypto market remains neutral and kept aside the correlation with US Nasdaq. Bitcoin bounce from support level of $19,000 – 18,600 and pushed towards the north but btc facing hard resistance from 21MA in daily TF. The global crypto market cap continues down to the psychological $1 trillion level, the prices of top two coins – Bitcoin (BTC) and Ethereum (ETH) – remain Green.

The global cryptocurrency market cap rise by 0.2% to $0.984 trillion in the last 24 hours, according to CoinGabbar data at the time of writing. The total crypto market volume over the last 24 hours was $102.5 billion.

BTC price has rise by 0.39 % in the last 24 hours. At the time, BTC was trading at $19,480. In the last 7 days, BTC price has rise by 5.69%. Bitcoin (BTC) dominance rise from 38.51% to 37.99 % while ETH dominated 19.12% of the total crypto markets.

The Federal Reserve has determined when interest rates will be increased once more. A 75 basis point rise in interest rates was approved by the Federal Open Market Committee with a 12-0 majority. Both Bitcoin and Ethereum fell along with the rest of the cryptocurrency market when the Fed's rate hike was announced.

Ethereum successfully completed its historic Merge on September 15, 2022. It is referred to as the biggest upgrade in the history of the bitcoin industry. According to ETH, Ethereum successfully transitioned to proof-of-stake consensus, formally deprecating proof-of-work. This will eventually reduce energy consumption by 99.95%.

Top Crypto Prices
Ethereum (ETH): Ethereum price rise by around 0.24% to $1,332 in the last 24 hours. In the last 7 days, ETH price has rise by over 7.6%. It is currently ranked as the 2nd largest crypto asset on CoinGabbar.

Binance (BNB): Binance Chain coin’s price rise to $283, by 0.59% in the last 24 hours. In the last 7 days, BNB price has rise by over 7.13%. It is currently ranked as the 5th largest crypto asset on CoinGabbar.

XRP: XRP coin’s price rise by 10.3% to $0.4951 in the last 24 hours. In the last 7 days, XRP price has rise by nearly 25.8%. It is currently ranked as the 7th biggest crypto on CoinGabbar.

Solana (SOL): Solana price rise 2.5% to $33.9 in the last 24 hours. In the last 7 days, SOL price has fall by nearly 10.7%. It is currently ranked as the 9th biggest crypto asset on CoinGabbar.

Cardano (ADA): Cardano token’s price fall by 0.9% to $0.4357 in the last 24 hours. In the last 7 days, ADA price has fall 0.74%. It is currently ranked as the 8th biggest crypto asset on CoinGabbar.

Dogecoin’s (DOGE) price fall by 0.02% in the last 24 hours. DOGE is currently ranked 10th. The price of DOGE at the time of this report was $0.06052.

Price of Polkadot (DOT) rise by 0.31% in the last 24 hours to $6.41. Avalanche (AVAX) price fall by nearly 0.29% to $17.19 in the last 24 hours. Both DOT and AVAX are currently ranked 11th and 17th respectively on CoinGabbar.

Polygon (MATIC) price rise by around 1.24% to $0.7565 in the last 24 hours. In the last 7 days, MATIC price has rise by around 7.68%.  It is currently ranked 15th on CoinGabbar.

Shiba Inu (SHIB) rise by 0.27% in the last 24 hours to $0.00001106. It is currently ranked 12th on CoinGabbar.
For more information visit Coingabbar.com

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Offline LuckyMac

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Bitcoin has been in such a tight range for so long now. When it does breakout it'll be a great opportunity imo

 

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