The price of Bitcoin (BTC) increased by 9.74%, the price of Ethereum (ETH) increased by 5.7%, and the price of Binance increased by 4.48%. SHIB was the most popular cryptocurrency.
As the cryptocurrency market value surpassed $1 trillion, cryptocurrency prices were trading higher. The most popular cryptocurrency today was Shiba Inu (SHIB), followed by Terra (LUNA) as the biggest gainer and Terra Classic as the biggest loser (LUNC).
At 8.30 am, the total value of the cryptocurrency market increased by 6.2% to $1.05 trillion. According to data from Coinmarketcap, trading volume increased by 43.64% to $104.21 billion.
Approximately $8.06 billion, or 7.74% of the 24-hour volume of the entire crypto market, is traded in the decentralized financial currencies category. The overall volume of stablecoins is $97.91 billion, or around 93.5% of the 24-hour volume of all cryptocurrencies.
Terra grew the most (LUNA). It increased by 169.32% to $5.24. Terra Classic (LUNC), which was down 18.33% at $0.0004359, was the biggest loser.
Prices of cryptocurrencies
Bitcoin: BTC increased by 9.74% to $21,287.56.
Bitcoin crossed the $20,000 threshold on September 9 and was hovering around the $21,000 threshold around 3:30 p.m. Every hour of the day saw the price of BTC reach a new high, and at 7:49 p.m., it finally crossed over and above $21,000 levels to reach its current price level, which is the highest of the day.
Its lowest intraday trading price was $19,884.43, and its volume, which was $49,798,039,577, increased by 51.37 percent.
Ethereum: In the 24 hours leading up to Saturday morning, the price of Ethereum increased 5.7% to $1,734.89 per coin.
The price of Ethereum fluctuated a lot throughout trade, usually rising and falling at regular intervals. On September 9, at approximately 11.50 p.m., ETH was able to surpass $1,700 levels and set a new intraday high. Since then, it has been setting a new intraday high every hour.
Today, ETH was available for as little as $1,639.09. The trading volume for ETH increased by 17.59% to $20,653,543,849.
Other Altcoins: Today, the price of Solana (SOL) increased by 2.4% to $34.91.
The price of Ripple (XRP) increased by 4.34% to $0.3572, and its 24-hour trading volume increased by 43.22% to $1,064,580,105.
Cardano (ADA) increased by 8.21% to $0.5221. The 24-hour trading volume for Cardano increased by 53.44 percent to $1,027,306,590.
To $294.52, Binance (BNB) was up 4.48 percent. At $1,154,838,963, its 24-hour trading volume increased by 36.57 percent.
Dogecoin (DOGE) was up 3.89 percent at $0.06377 on Meme Coins. Its $493,548,576 24-hour trading volume increased by 73.2%.
Shiba Inu increased 5.12% to $0.00001293.
Yearn.Finance (YFI) for Decentralized Finance (DeFi) increased 11.22 percent to $10,369.24. At $177,239,223, its 24-hour trading volume increased by 254.54%.
Avalanche (AVAX) was trading at $20.62, up 4.91 percent, and its 24-hour trading volume was $443,696,660, up 30.12 percent.
Aave (AAVE) was up 3.16 percent in price at $92.57 and saw a 25.35 percent increase in 24-hour trading volume to $144,109,336.