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BTC Below $58K, BEAM Up 12%, & QNT Soars 10%
The crypto prices today have sparked a tidal wave of speculations among investors globally. Bitcoin (BTC) price encountered turbulence at the $58K level, whereas Ethereum (ETH), Solana (SOL), and XRP mimicked a volatile movement. However, Quant (QNT) and Beam emerged among the day’s top gainers.
Simultaneously, the global crypto market cap jumped marginally by 0.15% to $2.04 trillion today. Nonetheless, the total market volume noted a 15% drop in value to $61.35 billion.
Here’s a brief report on some of the top cryptocurrencies by market cap and their price action today, September 13.
Crypto Prices Today: BTC, ETH, SOL, and XRP Battle Market Turbulence
Bitcoin Price Today
BTC price traded at $57,893 today, a decline of 0.76% in the past 24 hours. The coin’s intraday low and high were recorded as $57,354.41 and $58,534.36, respectively.
BTC price encountered volatility despite $39.02 million inflows in Bitcoin ETFs as of September 12, per Soso Value data. Bitcoin’s dominance slipped 0.03% over the past day to 56.18%.
Ethereum Price Today
ETH price traded at $2,359 today, a decline of 0.39% in the past 24 hours. The coin’s intraday lows and highs were $2,316.16 and $2,379.03, respectively.
This waning movement falls in line with $20.14 million outflows registered in spot Ethereum ETFs. Ethereum’s market cap rested at $283.85 billion today.
Solana Price Today
The crypto SOL’s price witnessed a nearly 1% drop in value to reach $134 today. The coin’s 24-hour low and high were $133.53 and $136.61, respectively. Solana’s market cap rested at $63.03 billion today.
XRP Price Today
Besides, XRP price defied the broader market trend, gaining 4.5% in the past 24 hours to $0.5616. The coin’s intraday low and high were $0.5355 and $0.5809, respectively. XRP’s market cap rested at $31.66 billion today.
Meme Coins Prices Today
Simultaneously, Dogecoin (DOGE) price slipped by 0.6% in the past 24 hours to trade at $0.102. Besides, Shiba Inu (SHIB) price traded at $0.00001342 with marginal gains at press time.
Also Pepe Coin, Dogwifhat, and FLOKI prices surfed along the red territory today.
Top Crypto Gainers Prices Today
Quant
QNT price surged nearly 9% to trade at $77.27, defying the broader market trend. The coin’s intraday low and peak were $70.41 and $77.88, respectively.
Beam
BEAM price noted a 7% uptick in value over the past day and is currently trading at $0.0144. The coin’s 24-hour low and high were $0.01343 and $0.01454, respectively.
Worldcoin
WLD price soared 8% in the past 24 hours and is currently trading at $1.53. The coin’s intraday low and high were $1.39 and $1.61, respectively.
Top Crypto Losers Prices Today
Aave
AAVE price dipped 6% in the past 24 hours and is currently trading at $143. The coin’s intraday low and high were $142.12 and $151.38, respectively.
Helium
HNT price slipped 4% in the past 24 hours and is currently trading at $7.71. The coin’s 24-hour low and high were $7.63 and $8.15, respectively.
THORChain
RUNE price noted a 3% drop in value to $3.88. The coin’s 24-hour low and high were $3.81 and $4.07, respectively.
Besides, the hourly time frame charts indicated the presence of further downside movement, raising investor concerns over the crypto prices today. BTC price slipped 0.04%, while ETH dropped 0.03% within the hourly time frame.
Coingape Staff
CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
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Pro-XRP lawyer John Deaton has questioned the relationship between U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler and FTX founder Sam Bankman-Fried (SBF). Deaton’s comments came in response to the SEC’s announcement of record-breaking financial remedies in its fiscal year 2024 enforcement actions.
John Deaton Accuses SEC of Favoritism Toward Sam Bankman-Fried
In a recent post on X, John Deaton criticized Gary Gensler for holding private meetings with FTX’s Sam Bankman-Fried while denying similar access to U.S.-based crypto executives such as Coinbase CEO Brian Armstrong and Kraken’s Jesse Powell. These actions according to John Deaton demonstrated favoritism by the SEC.
Deaton also pointed to the $10m contribution by Bankman-Fried to politicians as another reason that may have enabled FTX to enter the regulatory talks. The lawyer criticized Gary Gensler, he posed that this financial connection must have been behind the courtesy given to the offshore crypto exchange.
The Pro-XRP lawyer’s criticism comes as SEC Chair Gary Gensler announced he will step down from his position on January 20, 2025. The announcement, made via an SEC press release and confirmed by Gensler in a post on X, coincides with the inauguration of Donald Trump as the 47th president of the United States
SEC Reports Record $8.2 Billion in Financial Remedies
Additionally, the SEC announced it had secured $8.2 billion in financial remedies during fiscal year 2024. This was highest amount recorded by the regulatory body in its history. Despite this achievement, the Commission reported a 26% decline in total enforcement actions compared to the previous fiscal year, filing 583 cases. Of these, 431 were classified as “stand-alone” actions, representing a 14% drop from fiscal year 2023.
Notably, $4.6 billion of the financial remedies stemmed from the SEC’s case against Terraform Labs and its founder, Do Kwon. The judgment accounted for over half of the year’s total recoveries.
Meanwhile, John Deaton has used the SEC’s recent actions to renew his calls for regulatory reform. The pro-XRP lawyer argued recently that the agency’s approach relies on outdated laws to regulate emerging technologies.
In addition, following Gensler’s expected resignation, Deaton has endorsed Brad Bondi as a potential replacement for Gensler. John Deaton cited the need for a clear and fair regulatory framework that fosters innovation in the blockchain.
Ronny Mugendi
Ronny Mugendi is a seasoned crypto journalist with four years of professional experience, having contributed significantly to various media outlets on cryptocurrency trends and technologies. With over 4000 published articles across various media outlets, he aims to inform, educate and introduce more people to the Blockchain and DeFi world. Outside of his journalism career, Ronny enjoys the thrill of bike riding, exploring new trails and landscapes.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
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Robinhood has added Dogwifhat (WIF), a Solana-based meme coin, to its cryptocurrency trading options, generating considerable excitement among traders and investors. Known for its limited crypto offerings, Robinhood’s inclusion of WIF signals the growing acceptance of meme coins within mainstream trading platforms. Following the announcement, WIF price surged by over 13% within an hour, reaching a weekly high of $3.655 before consolidating.
Dogwifhat WIF Price Could Hit $5 as Robinhood Expands Crypto Offerings
Following a recent announcement, Dogwifhat (WIF) on Robinhood’s platform has sparked optimism regarding the meme coin’s future price trajectory. This marks a notable expansion in Robinhood’s crypto portfolio, which has historically included only a few carefully selected cryptocurrencies. WIF is the second meme coin added by Robinhood this month, following the listing of Pepe, another highly popular project.
The WIF price reached a peak of $3.655 after the announcement, reflecting increased trading activity and market interest. Experts suggest that if WIF breaks key resistance levels around $3.75, it could see further growth. If the bullish sentiment persists, market analysts project a potential rise to $5.
Data from CoinMarketCap indicates that Dogwifhat experienced a 50% rise in trading volume within 24 hours of the Robinhood announcement. This surge in activity reflects heightened interest among investors and traders. The coin’s open interest also climbed by 9%, signaling strong participation in futures and options markets.
Technical Indicators Support The Possibility of Further Growth
The Stochastic RSI on the chart indicates that the asset recently experienced overbought conditions near 80 and has since dropped to the 11-12 range, signaling oversold levels. This suggests a potential for a bullish reversal with current momentum.
The Bull and Bear Power (BBP) indicator also shows positive momentum at 0.2377, suggesting bulls maintain control despite recent corrections. The bullish histogram reflects strong buying interest.
Robinhood’s decision to list Dogwifhat highlights the evolving role of top meme coins in the cryptocurrency market. Meme tokens like WIF have historically attracted new investors during bullish market conditions. With growing cryptocurrency options, Robinhood’s endorsement of WIF indicates increasing confidence in the meme coin sector.
Dogwifhat’s market capitalization is now $3.3 billion, making it the fifth-largest meme coin by valuation. This follows a recent analysis that highlights WIF price potential to hit its all-time high (ATH) this week.
Ronny Mugendi
Ronny Mugendi is a seasoned crypto journalist with four years of professional experience, having contributed significantly to various media outlets on cryptocurrency trends and technologies. With over 4000 published articles across various media outlets, he aims to inform, educate and introduce more people to the Blockchain and DeFi world. Outside of his journalism career, Ronny enjoys the thrill of bike riding, exploring new trails and landscapes.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
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Amid a highly turbulent crypto market witnessed as the week kicks off, a super Pepe Coin whale shifted focus to EIGEN has sparked significant market discussions. Notably, on-chain data pointed out a massive 130 billion PEPE whale selloff, with the investor simultaneously diversifying his portfolio by buying over 200K of the Ethereum-based token.
This swap of positions, amid a slumping action witnessed by the meme coin and a gaining action seen by the EigenLayer ecosystem token, set off waves of speculations over the coins’ future tendencies.
Super Pepe Coin Whale Refocuses Investments, Buys EIGEN
According to whale data by Spot On Chain as of November 25, a super whale sold 74.07 billion in Pepe Coin worth $1.53 million for 448.1 ETH as the price dropped recently. The same whale was recorded offloading 130.2 billion of the meme coin, worth $2.71 million, for 891 ETH over the past three days. Although this massive selling caused market tension, it’s noteworthy that the super whale still holds 3.241 trillion Pepe Coin, with a 12.6x profit of $68.3 million.
However, the same whale also focused on buying EIGEN, swapping 181.3 ETH for 217,348 of the Ethereum-based token over the past two days. The whale currently holds 1.608 million of the EigenLayer token, worth $4.31 million, with an 11% profit. Overall, the trade swap sparked significant optimism over the EigenLayer ecosystem’s primary token, while market watchers monitor the leading meme coin closely.
PEPE & EIGEN Prices Show Mixed Actions
While the meme coin’s price slipped, aligning with the selloff by super Pepe Coin whale, the Ethereum-based coin rose, leveraging buying pressure. PEPE price was down 2% intraday and 5% weekly, trading at $0.00002026. Its 24-hour low and high were $0.00001918 and $0.00002086, respectively.
Whereas, EIGEN price soared nearly 7% intraday and 23% weekly, reaching $3.06. The coin’s 24-hour low and high were $2.56 and $3.07, respectively. While crypto market participants remain optimistic about the Ethereum-based token in light of the massive accumulation, the remaining massive PEPE holdings add a layer of intrigue to the leading meme coin’s price action ahead.
Intriguingly, a recent Pepe coin price analysis by CoinGape Media flagged that the meme coin eyes a $0.000025 target, with significant potential upside for further momentum. This optimistic projection comes against the backdrop of bullish technical formations on the frog-themed crypto’s price chart. Market watchers continue to eye both coins for future price action shifts as the broader market continues to showcase price fluxes.
Coingape Staff
CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
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