Crypto Price Today: The cryptocurrency market has experienced mixed movements on September 11, 2024, with leading cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH) showing slight declines over the last 24 hours. Some altcoins like Polkadot (DOT) and Solana (SOL) have displayed relative resilience, while a few others, particularly in the altcoin segment, saw gains or suffered losses depending on their recent performance trends.
1. Bitcoin (BTC)
Price: $56,402.00
24-hour Change: -0.39%
7-day Change: -0.49%
Bitcoin (BTC), the largest cryptocurrency by market capitalization, is trading at $56,402, experiencing a slight dip of 0.39% over the past 24 hours, as per CoinMarketCap data. Over the last 7 days, BTC has seen a marginal decline of 0.49%, reflecting a phase of consolidation after a period of high volatility. Despite minor fluctuations, Bitcoin remains relatively stable around the $56,000 mark, indicating strong support at this level.
Price: $2,326.59
24-hour Change: -0.51%
7-day Change: -2.16%
Ethereum (ETH), the second-largest cryptocurrency, is trading at $2,326.59, down by 0.51% over the past 24 hours. The 7-day performance shows a more significant decline of 2.16%. The recent downturn can be attributed to concerns about regulatory crackdowns. Despite this, Ethereum remains a key player in the smart contract and DeFi space, with strong developer activity and institutional interest.
Price: $4.14
24-hour Change: -2.47%
7-day Change: +2.12%
Polkadot (DOT) is trading at $4.14, down 2.47% in the past 24 hours but up 2.12% over the last 7 days. The mixed performance reflects short-term profit-taking after a rally earlier in the week. Polkadot has been gaining attention for its innovative parachain technology, which aims to enhance interoperability across different blockchains. The recent gains can be attributed to positive developments in its ecosystem, including new project launches and partnerships.
Price: $131.93
24-hour Change: -0.80%
7-day Change: +3.41%
Solana (SOL) continues to show strength, trading at $131.93, with a slight dip of 0.80% over the last 24 hours but a solid gain of 3.41% over the past week. The bullish sentiment around Solana is driven by its expanding ecosystem, growing developer activity, and its status as a faster, low-cost alternative to Ethereum for decentralized applications (dApps) and non-fungible tokens (NFTs). The price correction seen today could be due to profit-taking after a strong rally in recent days.
Price: $0.53
24-hour Change: -0.54%
7-day Change: -3.78%
Ripple (XRP) is trading at $0.53, showing a minor decline of 0.54% in the last 24 hours and a more notable drop of 3.78% over the week. XRP's recent performance has been influenced by ongoing legal battles with the U.S. Securities and Exchange Commission (SEC), which continues to weigh on investor sentiment. The market awaits further developments in the case, which could provide clearer guidance on XRP's regulatory status in the U.S.
Price: $0.00001318
24-hour Change: -1.50%
7-day Change: +0.69%
Shiba Inu (SHIB), a popular meme coin, is currently priced at $0.00001318, down by 1.50% in the past 24 hours but up slightly by 0.69% over the last 7 days. The mixed performance indicates that while SHIB has managed to maintain some bullish momentum due to community engagement and token burn events, it is still subject to high volatility and speculative trading activities.
1. Internet Computer (ICP)
Price: $8.54
24-hour Change: +10.87%
Internet Computer (ICP) is the biggest gainer today, with a significant price surge of 10.87%, trading at $8.54. The rally in ICP could be attributed to increased developer interest in building decentralized applications (dApps) on its platform, which aims to decentralize the internet by providing a blockchain-based alternative to traditional web services.
Price: $150.08
24-hour Change: +8.90%
Aave (AAVE), a leading DeFi lending platform, saw an 8.90% increase in its price, reaching $150.08. The gain follows positive sentiment around DeFi protocols and Aave’s recent announcement of new features, including multi-chain integrations and updates to its liquidity pools, which have increased user engagement and deposits.
Price: $1.29
24-hour Change: +6.60%
FET, the token of the Artificial Superintelligence Alliance, experienced a 6.60% increase, trading at $1.29. This rise is likely due to growing interest in AI-focused blockchain projects, as FET is known for its involvement in integrating AI with blockchain technology to create autonomous agents that can perform various tasks on behalf of users.
Price: $48.95
24-hour Change: +6.49%
Bitcoin SV (BSV) has gained 6.49% over the last 24 hours, trading at $48.95. The recent surge in BSV could be linked to renewed interest in its vision of a scalable and enterprise-friendly blockchain. However, it remains a controversial asset within the crypto community, with polarized views on its long-term viability.
Price: $18.01
24-hour Change: +5.79%
Injective (INJ) saw a 5.79% increase in its price, reaching $18.01. Injective has been making headlines for its innovative decentralized finance (DeFi) solutions, particularly in derivatives and cross-chain trading. The recent uptick could be a result of strategic partnerships and growing adoption of its platform.
Price: $3.98
24-hour Change: +4.59%
THORChain (RUNE) rose by 4.59% in the last 24 hours to trade at $3.98. The increase in RUNE's price could be due to renewed interest in cross-chain liquidity solutions, as THORChain offers a decentralized exchange (DEX) protocol that enables the trading of assets across multiple blockchains without centralized intermediaries.
1. Arweave (AR)
Price: $18.76
24-hour Change: -7.54%
Arweave (AR) is the biggest loser of the day, dropping by 7.54% to $18.76. The decline could be due to profit-taking after recent gains or concerns about the platform's adoption rates. Arweave focuses on providing decentralized data storage, but competition in this niche is increasing.
Price: $0.384
24-hour Change: -7.17%
Starknet (STRK) saw a decline of 7.17%, trading at $0.384. The downturn may be due to general market volatility or concerns over its layer-2 scaling solutions for Ethereum, as competition among scaling solutions continues to grow.
Price: $0.8789
24-hour Change: -5.72%
Sui (SUI) is down by 5.72%, trading at $0.8789. The recent drop could be due to speculative sell-offs or the broader market downturn. As a newer entrant in the crypto market, Sui is still establishing itself, and fluctuations like these are common.
Price: $1.58
24-hour Change: -4.56%
Dogwifhat (WIF) experienced a 4.56% decline, trading at $1.58. The reason for the decline is unclear, but it may be due to low liquidity or limited market interest in this relatively obscure asset.
Price: $2.33
24-hour Change: -4.15%
Akash Network (AKT) dropped by 4.15%, trading at $2.33. The decline may be attributed to competitive pressures in the decentralized cloud computing space, where Akash aims to provide cheaper and more efficient cloud services.
Price: $4.02
24-hour Change: -3.41%
Celestia (TIA) fell by 3.41%, reaching $4.02. The drop could be due to market sentiment or specific developments affecting its ecosystem. Celestia focuses on modular blockchain networks, and its performance can be highly sensitive to broader market conditions.
The cryptocurrency market on September 11, 2024, reflects a mix of gains and losses, with major cryptocurrencies like Bitcoin and Ethereum experiencing slight declines while altcoins like Internet Computer (ICP) and Aave (AAVE) enjoy notable gains. The market remains volatile, driven by macroeconomic factors, regulatory developments, and technological advancements.
Investors should stay vigilant, keep an eye on market trends, and consider the inherent risks and rewards of investing in cryptocurrencies, given the ongoing fluctuations and rapid changes in the global financial landscape.