Cryptocurrency prices were trading at a loss with Bitcoin (BTC) and other altcoins are falling. Today’s most popular crypto was Frax Share (FXS), which is a fractional algorithmic stable coin.
The crypto market capitalization fell about 5.37 percent to $911.8 billion, but trading volume rose 16.25 percent to $94.45 billion, according to data from Coinmarketcap.com at 8:30 a.m.
Today’s top winners were Quant (QNT); it was up 7.54 percent at $133.09. The biggest loser was Terra Classic (LUNC), which traded at $0.0002637, down 12.24 percent in the last 24 hours to Wednesday morning, according to Coinmarketcap data.
Cryptocurrency prices
Bitcoin: BTC fell 6.55 percent to $18,666.53.
BTC traded with gains for the entire day on September 27th, but overnight around 8:59 PM, BTC experienced a very steep drop in price. This resulted in BTC’s price falling from $20,145 levels to $18,991 levels within an hour.
Its intraday low was $18,553.30, while volume was up 22.65 percent to $57,704,712,010.
Ethereum: Ethereum’s price fell 6.68 percent to $1,277.15 in the last 24 hours through Wednesday morning.
ETH also showed a similar trading behavior to Bitcoin and it also started its downward journey right around 21.00 on 27 September. As a result, ETH is now trading at almost close to its intraday low and continues to reach a new low. points for every hour that passes.
The lowest price for ETH was $1,273.02. ETH’s trading volume increased by 10.27 percent to $18,094,436,362.
Other Altcoins: Solana’s (SOL) price fell by 7.33 percent to $32.10 today.
Ripple (XRP) was down 10.2 percent at $0.4243 and 24-hour trading volume was up 2.52 percent at $2,950,232,452.
Cardano (ADA) fell 6.07 percent to $0.4291. Cardano’s 24-hour trading volume rose 9.35 percent to $708,219,911.
Binance (BNB) fell 4.79 percent to $267.71. Its 24-hour trading volume increased by 24.82 percent to $924,067,725.
Meme Coins
Dogecoin (DOGE) fell 5.35 percent to $0.0588. Its 24-hour trading volume increased by 7.67 percent to $350,259,012.
Shiba Inu was down 4.49 percent to $0.00001077.
Decentralized Finance (DeFi)
Yearn.Finance (YFI) fell 6.24 percent to $8,113.88. Its 24-hour trading volume increased by 58.26 percent to $56,497,982.
Avalanche (AVAX) fell 5.81 percent to $16.81 and 24-hour trading volume was up 67.17 percent to $346,030,190.
Aave (AAVE) traded down 5.68 percent to $74.15, and 24-hour trading volume rose 18.01 percent to $134,261,126.
