BTC Maintains $59K, DOGS & AAVE Pump 7%-8%
The post BTC Maintains $59K, DOGS & AAVE Pump 7%-8% appeared on BitcoinEthereumNews.com.
The crypto prices today have shown considerable resiliency, preventing further downside momentum. Bitcoin (BTC) price held the $59K mark, whereas ETH stood at the $2,500 level. Solana (SOL) and XRP illustrated signs of consolidation today. Meanwhile, the global crypto market cap jumped slightly by 0.32% to $2.08 trillion. Nonetheless, the total market volume saw a 0.77% decline in value to $66.35 billion today. However, DOGS and AAVE prices soared remarkably, sparking investor speculations. So, let’s take a closer look at the top cryptocurrencies by market cap and their price run today, August 31. Crypto Prices Today Show Resiliency The broader market today has prevented further downside movement, as illustrated by the global market cap and major crypto prices today. Notably, as the U.S. PCE inflation data for July came in lower than expected and unchanged at 2.5%, the market appears to be gradually gaining momentum. Bitcoin Price Today BTC price rested at $59,223 today, a gain of roughly 0.5% in the past 24 hours. The flagship token’s 24-hour lows and highs were $57,768.53 and $59,896.89, respectively. BTC struggles to gain an upside movement as US spot Bitcoin ETFs continue to record outflows. As of August 30, the spot Bitcoin ETFs noted $175.67 million in outflows. This marks four straight days of negative flows, also aligning with BTC price’s recent turbulent movement. Bitcoin’s dominance today rested at 56.14%, a 0.03% decrease over the past day. Ethereum Price Today Simultaneously, ETH price followed with a 0.2% gain in the past 24 hours, and the coin resting at $2,524. Ethereum’s intraday lows and highs were $2,432.83 and $2,539.92, respectively. Intriguingly, spot ETH ETFs saw zero netflows as of August 30, per Soso Value data. This has further sparked discussions over the asset’s future price movements. Meanwhile, Ethereum co-founder Vitalik Buterin was reported moving…
Filed under: News - @ August 31, 2024 4:53 am