The cryptocurrency market saw a significant upward trend, with Bitcoin surpassing $64K and major altcoins following suit. This positive momentum has sparked bullish sentiment among investors.
Crypto Market Sees Major Gains
On September 25, the broader crypto market experienced a strong rally. Bitcoin (BTC) broke past $64K, while Ethereum (ETH), Solana (SOL), and XRP also saw notable gains. SEI and POPCAT emerged as the day’s top gainers, leading the market surge.
The global crypto market cap grew by nearly 2% to reach $2.26 trillion, despite a slight 3% decline in overall market volume. This marks a positive shift, especially as investors are eyeing future growth.
Bitcoin Price Today: Breaking the $64K Barrier
Bitcoin surged past $64K, reaching $64,294 at the time of writing, up nearly 2% over the past 24 hours. The coin’s intraday low was $62,751, and its peak hit $64,804. This rally coincides with $16.8 million in inflows to spot Bitcoin ETFs.
Bitcoin’s market cap now stands at $1.27 trillion, with dominance slightly increasing to 56.27%. Whale Alert data also revealed significant BTC whale movements, adding intrigue to the coin’s price actions. China’s recent monetary stimulus measures have added to the market’s optimism, further supporting Bitcoin’s bullish momentum.
Ethereum Price Today: Holding Steady Above $2,600
Ethereum (ETH) followed suit, trading at $2,643, up 0.5%. ETH’s intraday low was $2,593, with a high of $2,672. Spot Ethereum ETFs recorded inflows of $62.51 million, further supporting the price rise. Whale activity has also been notable, indicating strong market interest.
Solana and XRP Gain Momentum
Solana (SOL) saw a 4% increase, trading at $152, with a market cap of $71.19 billion. Meanwhile, XRP rose 1% to $0.593, following an upgrade to the XRP Ledger, which boosted the Ripple stablecoin project.
Meme Coins on the Rise: DOGE, SHIB, and PEPE
Meme coins also performed well. Dogecoin (DOGE) jumped 2%, trading at $0.1106, while Shiba Inu (SHIB) surged 4% to $0.00001506. Other meme coins like PEPE, WIF, and FLOKI saw gains between 9%-16%.
Top Gainers and Losers
Among the top gainers, SEI surged by 24%, and POPCAT climbed 13%. However, Injective (INJ), Maker (MKR), and Nervos Network (CKB) saw slight declines.
