Bitcoin Prices Steady At $118,000, Ethereum Maintains $3,000 Mark

Bitcoin prices traded above the $118,000 mark on Thursday, while Ethereum held steady above the $3,000 barrier. The broader crypto market also showed positive momentum. At the time of writing, the total crypto market cap saw a marginal gain of 1.94 per cent to $3.80 trillion, while the 24-hour trading volume was up by 6.66 per cent to $200.87 billion.

Ethereum ETH was the most trending cryptocurrency. Its price was up by 8.36 per cent to $3,411.79. Its 24-hour trading volume was $37.60 billion. FLOKI FLOKI was the top gainer, and it was up by 34.41 per cent, while its 24-hour trading volume was $26.26 billion. Pump.fun PUMP was the top loser, and it was down by 17.82 per cent, while its 24-hour trading volume was $1.14 billion.

The DeFi market cap was at $45.89 billion, Coinmarketcap.com reported.

CoinSwitch Market Desk said, “Crypto markets enjoyed a broad-based rebound amid renewed optimism around the US regulation, macroeconomic signals, and surging altcoin momentum. Bitcoin held firm near $118,100, supported by easing CPI data that buoyed hopes for a September US Federal Reserve rate cut. Ethereum outperformed with a strong 7–10 per cent rally to $3,340, driven by enthusiasm for the GENIUS Act and regulatory clarity around Stablecoins, as well as rising staking and tokenisation narratives.”

“This weekend’s data revealed that four top‑10 altcoins have outperformed Bitcoin over the past seven days, and the top 24‑hour gainers were predominantly memecoins,” it added.

Cryptocurrency Prices

Bitcoin (BTC): Bitcoin prices were up by 0.53 per cent to $118,675.43 in the past 24 hours. Its 24-hour trading volume was $71.09 billion. It is currently ranked number 1 on Coinmarketcap, based on market cap. Bitcoin’s market dominance was 62.60 per cent.

Ethereum (ETH): Ethereum prices were up by 8.36 per cent to $3,411.79. Its 24-hour trading volume was $47.89 billion, and its market dominance was 9.2 per cent.

Tether (USDT): Tether was trading at $1. It was up by 0.02 per cent. Its 24-hour trading volume was $139.49 billion. It is currently ranked fourth on Coinmarketcap.

Other Altcoins

Solana prices were up by 5.37 per cent to $171.86. Its 24-hour trading volume was $8.84 billion.

Avalanche AVAX was trading at $22.48, up by 2.97 per cent. Its 24-hour trading volume was $647.96 million.

Cardano ADA was trading at $0.7740, up by 4.44 per cent. Its 24-hour trading volume was $1.66 billion.

Meme Coins

Dogecoin was up by 7.59 per cent, with a 24-hour price of $0.2121.

Shiba Inu was up by 6.87 per cent to $0.00001451.

Decentralised Finance

DeFi Coin was down by 2.88 per cent, and it was trading at $0.002969.

Yearn Finance was up by 3.61 per cent to $5,703.65, with a 24-hour trading volume of $26.68 million