The weekend of September 30 saw cryptocurrency remain in positive territory, a sign that investors are still confident in the market. Additionally, data showed that the inflation rate cooled in the prior month, though it remained above the Federal Reserve’s target range. This news brought significant gains to Bitcoin and Ethereum, with Bitcoin trading at $26,939.08 on Saturday and its market cap falling 0.11% to $525.28 billion.
Meanwhile, Ethereum climbed 1.04% to $1,670.85 with a 19.86% decrease in 24-hour volume to $5.14 billion, while the XRP price rose 1.59% to $0.5179 and its market cap surged 1.59% to $27.61 billion. Meme coins also experienced fluctuations, with the Dogecoin price growing 0.56% in the past 24 hours to $0.06188 and its market cap up 0.58% to $8.73 billion. On the other hand, the Shiba Inu price dropped nearly 0.14% to $0.000007317 and its one-day volume increased 14.72%.
The crypto market remains dynamic, with price, volume and market cap shifts, all of which are closely monitored by traders and investors looking to benefit from opportunities in the space. The total crypto market cap added 0.19% over the past day and stayed at $1.07 trillion, while the overall market volume was up 38.84% in the last 24 hours at $42.24 billion. The fear and greed index of the crypto market currently sits at 42, suggesting a neutral sentiment among participants.
Four of the top cryptos for today are Pepe coin, Gala crypto, Sui (SUI) and Maker (MKR). Pepe coin rose 1.98% to $0.0000007855 with a 75.46% increase in one-day volume to $116.06 million, with its price soaring 15% in the past week. Gala crypto was up 5.92%, trading at $0.0144 with a 140% surge in 24-hour volume to $93.8 million. Sui (SUI) was up 4.17% to $0.4715 and its volume increased 293% to $169.36 million, while Maker (MKR) lost 5.33%, trading at $1,464 with a 4.51% decrease in one-day volume to $106.29 million.
