CandleFocus SHIB, PEPE Post Major Daily Gains, BTC Price Recovers From Sub-$63K Dip (Market Watch)
2024-09-26
Author: Content Editor
Bitcoin's price initially dropped below $62,800 but has since recovered and is now close to $64,000. Some altcoins, like DOGE, TON, and ADA, have seen significant gains, but SHIB and PEPE have surpassed them. Bitcoin experienced a surge last week after the US Fed reduced interest rates, and it has continued to rise. Despite growing net inflows in spot Bitcoin ETFs, Bitcoin's dominance over altcoins has slightly decreased. SHIB and PEPE have had the largest daily gains, with SHIB rising 13% and PEPE rising 7%. The total crypto market cap is now at $2.350 trillion.
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