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Cryptocurrency News Articles

Bitcoin Price Today: What to Expect Next?

Sep 16, 2024 at 08:45 pm

BTC price is hovering around $58,757.33, with gains being negative by 2.05%. The price has dipped amidst fear and uncertainties

Bitcoin Price Today: What to Expect Next?

Cryptocurrency prices today: Top altcoins witness a steep decline as ETH price plummets 4% in a day. While BTC price dips amid Trump news, MicroStrategy continues its BTC buying spree. Here are the latest updates on crypto prices.

The cryptoverse commenced the week on a bearish note. While the industry’s market cap slipped by 2.36%, showcasing a decline to reach $2.04 Trillion, the trading volumes rose by a significant 77.80%, taking the numbers to $62.59B.

Currently, the Bitcoin price stands at $58,687.58, whereas Ether’s price is at $2,307.8. Among the top altcoins, SOL and XRP prices bore the brunt with a loss in prices by 2.67% & 2.14%.

BTC price today hovered around $58,757.33, with gains being negative by 2.05%. The price dipped amidst fear and uncertainties, largely driven by news around Trump, the FED rate hike, and the presidential elections. However, the volumes showcased a rise by 111% over the previous day. We can expect the Bitcoin price to reclaim the $60k mark as the heated situation normalizes.

Concerned about where the BTC price is headed in the future? Our Bitcoin Price Prediction answers that and much more!

Among the top cryptocurrencies, Ether’s price plunged by 4% in a day. Earlier today, the ETH price dropped to $2,260 amidst rising concerns around FED’s announcements and growing FUD. Resulting in ETH’s lowest ETH/BTC ratio since April 2021.

Other top altcoins like Solana, XRP, and Toncoin prices are down 2.43%, 2.33%, and 2.4%.

Top Gainers Today

RankCoinName24 Hour Change7 Day Change

1Toncoin (TON)2.43%1.67%

2Chiliz (CHZ)1.87%10.38%

3Kava (KAVA)1.78%-1.02%

Top Losers Today

RankCoinName24 Hour Change7 Day Change

1Stacks (STX)-2.98%-6.88%

2ApeCoin (APE)-2.89%-6.38%

3Enjin Coin (ENJ)-2.83%-6.18%

In the middle of the turmoil, Microstrategy continues to add more Bitcoin to its portfolio. It has now purchased 18,300 BTC worth $1.1 billion, raising its total holdings to 244,800 BTC

Original source:coinpedia

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Other articles published on Jul 31, 2026