Cryptocurrency Prices Today August 22: BTC Crosses $60K, FTM Rallies 17%
Cryptocurrency Prices Today, August 20, 2024: The crypto market today has sparked contrasting investor sentiments globally, illustrating mixed price actions. Bitcoin (BTC) price regained a hold above $60K, whereas ETH crossed $2,600. However, Solana (SOL) and XRP traded in the red zone today, although Fantom (FTM) surfed along the day’s top gainers.
The global crypto market cap witnessed a 1.08% increase to $2.12 trillion, followed by a market volume upswing of 6.15% to $68.6 billion.
Let’s take a closer look at some of the leading cryptocurrencies by market cap and their price movements today, August 22.
Cryptocurrency Prices Today (August 22)
Bitcoin Price Today
BTC price rested at $60,483 today, a nearly 2% increase in the past 24 hours. Bitcoin’s intraday lows and highs were recorded as $58,893 and $61,834, respectively. The pumping price movement primarily aligns with dovish FOMC meeting minutes, hinting that chances of a Fed rate cut in September have risen substantially.
Also, the pump falls in line with $39.42 million inflows in Bitcoin ETFs as of August 21, per Soso Value data. Bitcoin’s dominance stood at 55.97% today, a 0.23% increase over the past day.
Ethereum Price Today
ETH price gained nearly 1% over the past day to trade at $2,615. Ethereum’s 24-hour lows and highs were $2,539 and $2,663, respectively.
The cryptocurrency reinforced a bullish trajectory soon after Vitalik Buterin’s post, stating, “Ethereum is good.” ETH market cap stood at $314.73 billion today.
Solana Price Today
SOL price rested at $141.66 today, a 0.5% decrease in the past 24 hours. Its intraday lows and highs were recorded as $139 and $144, respectively.
Notably, Solana’s market cap rested at $2.01 billion today.
XRP Price Today
Ripple’s XRP illustrated a highly turbulent movement over the past day, trading both in red and green territories. XRP price rested at $5939, a 0.21% decrease today. Its 24-hour lows and highs were recorded as $0.5868 and $0.6053, respectively.
Meme Coins Prices Today
Dogecoin (DOGE) price gained 1.78% in the past 24 hours to $0.1054. Simultaneously, Shiba Inu (SHIB) price pumped 2.87% to $0.00001406.
Moreover, even Pepe coin, dogwifhat (WIF), and BONK prices surged 1%-3% today.
Top Cryptocurrency Gainers Today
1. Fantom (FTM)
FTM price soared 17% to rest at $0.4646 today. Its 24-hour lows and highs were recorded as $0.3949 and $0.4689, respectively.
2. Beam (BEAM)
BEAM price surged 15% today to reach $0.01528. Its intraday lows and peaks were $0.01332 and $0.01531, respectively.
3. Polygon (MATIC)
MATIC price also gained 15% over the past day to trade at $0.5349. Its 24-hour bottoms and peaks were $0.4667 and $0.5394, respectively.
4. BitTorrent (BTT)
BTT price pumped 11.5% today to reach $0.0000009442. Its 24-hour lows and highs were $0.0000008364 and $0.000001004, respectively.
Top Cryptocurrency Losers Today
1. Helium (HNT)
HNT price dipped 7% over the past day to reach $6.84. Its 24-hour lows and highs were recorded as $6.67 and $7.43, respectively.
2. TRON (TRX)
TRX price tumbled 6.45% over the past day to trade at $0.1495. Its 24-hour lows and highs were $0.1495 and $0.1656, respectively.
3. Sui (SUI)
SUI price rested at $0.8486, a decline of 3% over the past day. The coin’s intraday lows and highs were $0.8357 and $0.8801, respectively.
4. Zcash (ZEC)
ZEC price rested at $41.19, a 3% fall over the past day. Its 24-hour lows and highs were recorded as $41.01 and $42.99, respectively.
Altogether, the cryptocurrency prices today have garnered both bullish and bearish market sentiments across the globe, primarily attributable to mixed price actions illustrated by tokens.
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