Summary of this article
Crypto market cap rose slightly to $3.83 trillion as volumes dipped.
Bitcoin traded steady near $111,600, while Ethereum slipped to $4,339.
Memecore tops gainer list 28.6 percent; Ethena fell over 7 percent.
Bitcoin remained steady above the $111,000 level on Friday. At the time of writing, the total crypto market cap saw a marginal gain of 0.37 per cent to $3.83 trillion, while the 24-hour trading volume decreased by 2.56 per cent to $143.78 billion.
SatLayer SLAY was the most trending cryptocurrency. Its price was up by 0.71 per cent to $0.02067, and its 24-hour trading volume was $45.65 million. Memecore M was the top gainer. It was up by 28.60 per cent, while its 24-hour trading volume was $52.85 million. Ethena ENA was the top loser. It was down by 7.46 per cent, while its 24-hour trading volume was $606.40 million.
The DeFi market cap was at $41.19 billion, Coinmarketcap.com reported.
Edul Patel, CEO of Mudrex said, “Bitcoin is consolidating in the $107,000–$113,000 range following weaker-than-expected US labour market data, as traders await a clearer directional signal. With the Federal Reserve’s September 16–17 meeting on the horizon, attention is firmly on interest rates. The coming weeks are likely to be pivotal. A sustained move above $112,000 could restore bullish momentum and reassert upward control. On the downside, there could be a drop below $100,000, and more critically to $92,000.”
Cryptocurrency Prices
Bitcoin (BTC): Bitcoin prices increased by 0.82 per cent to $111,613.48. Its 24-hour trading volume was $62.47 billion. It is currently ranked number 1 on Coinmarketcap, based on market cap. Bitcoin’s market dominance was 57.40 per cent.
Ethereum (ETH): Ethereum prices were down by 0.68 per cent to $4,339.37. Its 24-hour trading volume was $33.09 billion. Its market dominance was 14.20 per cent.
Tether (USDT): Tether was trading at $1, same as yesterday. Its 24-hour trading volume was $105.31 billion. It is currently ranked fourth on Coinmarketcap.
Other Altcoins
XRP XRP prices were down by 0.50 per cent to $2.81. Its 24-hour trading volume was $4.78 billion.
Solana SOL prices were down by 0.75 per cent to $204.71. Its 24-hour trading volume was $5.04 billion.
Cardano ADA was trading at $0.8180, down by 0.09 per cent. Its 24-hour trading volume was $820.29 million.
Avalanche AVAX was trading at $24.48, down by 1.35 per cent. Its 24-hour trading volume was $511.61 million.
Meme Coins
Dogecoin DOGE was down by 0.24 per cent, with a 24-hour price of $0.2143.
Shiba Inu SHIBA was down by 0.52 per cent to $0.00001219.
Decentralised Finance
DeFi Coin was down by 3.29 per cent and it was trading at $0.002358.
Yearn Finance was up by 0.68 per cent to $5,221.29, with a 24-hour trading volume of $13.54 million.
