Cryptocurrency Prices Today Regain Momentum as Bitcoin (BTC) Price Prevented Further Downside Momentum

Following a recent slumping market, the crypto prices today have ignited investor curiosity globally. Bitcoin (BTC) price prevented further downside momentum and retained a hold at the $57K price level today.

Crypto prices today showed signs of recovery amid a broader market easing up, as Nvidia denied claims of a subpoena issued against the firm by the U.S. Department of Justice.

Bitcoin (BTC) price hovered around $57K, while Ethereum (ETH) price rested at the $2,400 level. Solana (SOL) price also witnessed gains, whereas XRP price depicted turbulence. Here's a snapshot of the price movements.

BTC price today saw a 0.6% increase in value while writing and is currently trading at $57,094. The flagship coin’s 24-hour low and high were $56,196.38 and $58,511.57, respectively.

Bitcoin ETFs recorded outflows to the tune of $37.29 million as of September 4, according to Soso Value data, aligning with the coin’s struggling movement today.

Nevertheless, it's crucial to note that the current resilience shown by the coin has sparked significant investor enthusiasm, glimmering hope for future movements.

Bitcoin’s dominance saw a 0.07% increase to 56.40% today. Further, the coin’s market cap stood at $1.13 trillion.

ETH price rested at $2,403 today, a 1.34% gain in the past 24 hours. Ethereum’s intraday lows and highs were recorded as $2,363.51 and $2,488.92, respectively.

Despite spot Ethereum ETFs registering outflows of $37.51 million as of August 4, per Soso Value data, the coin has gained considerably. Ethereum’s market cap rested at $290.27 billion today.

SOL price witnessed a nearly 3% pump in value and is currently sitting at $132. The crypto’s 24-hour low and high were $126.75 and $134.87, respectively. Further, Solana’s market cap stood at $61.64 billion today.

Meanwhile, XRP price chart illustrated a highly volatile movement, with the token trading at $0.5536 at press time. XRP’s intraday low and high was recorded as $0.548 and $0.5645, respectively. The Ripple-backed digital asset’s market cap stood at $31.13 billion today.

The above is the detailed content of Cryptocurrency Prices Today Regain Momentum as Bitcoin (BTC) Price Prevented Further Downside Momentum. For more information, please follow other related articles on the PHP Chinese website!