Crypto News Today (September 17th, 2024): Bitcoin Stands at $58k, Fantom Becomes Top Gainer!

The post Crypto News Today (September 17th, 2024): Bitcoin Stands at $58k, Fantom Becomes Top Gainer! appeared first on Coinpedia Fintech News

Cryptocurrency News Today: The industry is yet to overcome the current wave of FUD, as the market cap has dipped by 3.67% to $2.02 T. Bitcoin, and other top altcoins like Ethereum, Solana, and XRP are holding their current levels. Despite the uncertainties, tokens like Fantom, Celestia, and Popcat have outperformed the industry with remarkable gains.

Bitcoin Price Today: Is Another Price on the Horizon? 

During the Asian hours, the Bitcoin price is at $58,409, with a change of -0.11% over the previous day. The trading volumes in the past 24 hours are up by 20.45%, which shows improving transactions with the largest cryptocurrency. We can expect BTC price to trend sideways for some time until fear among investors dissolves.

Keen on knowing how far the BTC price could go in the future? Our Bitcoin Price Prediction answers that and much more!

Altcoins Today: ETH, SOL, XRP Show Positive Change! 

Ethereum has been holding its price to its current level of $2,300 and has managed to gain 0.42% over the previous day. However, the trading volumes in 24 hours were up by a marginal 2.93%. XRP on the other hand, has been the front-runner amongst the top 10 cryptocurrencies with its price being up by 2.94% at $0.5889. SOL price has risen to $132.61.  

Top Crypto Gainers Today: 

• Fantom price is up 10.91% to $0.5488, driven by its Sonic Testnet, and wallet credit scoring system. 
• Celestia (TIA) price rose 6.99%, backed by strong technical factors.

Top Crypto Losers Today:

• Sei (SEI) price is down by 6.03% amidst the uncertainties in the market.
• Helium (HNT) price has recorrected by 4.33% to $7.03%.

The crypto market could range sideways with negligible gains until we get an update on the rate cuts and some positive results from the U.S. presidential elections. However, the situation has made way to potential entry zones of multiple cryptocurrencies. And investors should make the most out of it.