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On the day when the biggest cryptocurrency Bitcoin (BTC) and altcoins went green, the total market value of the crypto money market once again moved towards 1 trillion dollars. So what is the latest situation in Bitcoin, what is happening in altcoins? Let’s take a closer look.
Latest Situation in Bitcoin
Bitcoin is trading at $ 19,292, with an increase of 3.13 percent in the last 24 hours. The total market cap of the leading cryptocurrency BTC is $368.6 billion, and the trading volume in the last 24 hours is $32.7 billion, down 22.37%. It is seen that BTC has moved in a very narrow range of $ 18,710 to $19,427 in the last 24 hours. managed to increase its value by 3.76 percent.
Latest Situation in Altcoins
The largest altcoin Ethereum (ETH) is trading at $1,632, up 8.50% in the last 24 hours. With a total market value of $200.1 billion, ETH’s 24-hour trading volume is $17.8 billion, down 18.57 percent. The crypto money market seems to be moving with the wind that ETH takes behind, with only a few days left until The Merge update, which is expected to take place between September 13-15, 2022. The Bellatrix update, the first important update on the way to The Merge, was successfully completed on September 6, 2022 at 14:40 CEST.
According to data provided by crypto data platform CoinMarketCap, Ethereum Classic (ETC) stands out with a 10.89 percent increase in 24 hours among the top 25 cryptocurrencies in terms of market capitalization. It is followed by Cosmos (ATOM) with 10.17 percent. Again, Helium (HNT) ranked first in the list of cryptocurrencies that gave the most to its investors in the last 24 hours, provided by CoinMarketCap, with an increase of 41.60 percent, while in the list of cryptocurrencies that lost the most to its investors in the last 24 hours, Neutrino USD fell by 0.12 percent. (USDN) appears to be included.
Against the dominance rate of BTC over the crypto money market, which dropped to 37.7 percent, the dominance rate of ETH increased to 20.4 percent. The total market cap of the cryptocurrency market stands at $979.2 billion at the time of writing.
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