{"id":9572,"date":"2024-09-26T08:48:35","date_gmt":"2024-09-26T08:48:35","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=9572"},"modified":"2024-09-26T08:48:35","modified_gmt":"2024-09-26T08:48:35","slug":"shib-pepe-post-major-daily-gains-btc-price-recovers-from-sub-63k-dip-market-watch","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=9572","title":{"rendered":"SHIB, PEPE Post Major Daily Gains, BTC Price Recovers From Sub-$63K Dip (Market Watch)"},"content":{"rendered":"

Bitcoin\u2019s price took a turn for the worse earlier today by dropping below $62,800 but has managed to recover all losses and sits close to $64,000 now.<\/p>\n

Some altcoins, such as DOGE, TON, and ADA, have posted impressive gains over the past day, but SHIB and PEPE stand in a league of their own.<\/p>\n

BTC Recovers From Dip Below $63K<\/h2>\n

The primary cryptocurrency skyrocketed at the end of last week after the US Fed reduced the key interest rates for the first time in over four years, from under $58,000 to over $60,000, and hasn\u2019t looked back since.<\/p>\n

The bulls took it to $64,000 on Friday morning and even further this week. As reported before, the asset jumped to $64,800 on a couple of occasions, with the latest transpiring yesterday. However, the beers managed to defend<\/a> that level, and the subsequent rejection pushed BTC south to $62,750 (on Bitstamp) earlier today.<\/p>\n

Nevertheless, the cryptocurrency bounced off and has added about a grand, currently trading close to $64,000 once again. These volatile moves came despite the growing net inflows<\/a> in the spot Bitcoin ETFs.<\/p>\n

This means that its market capitalization stands at a familiar ground of $1.260 trillion, but its dominance over the alts has taken another minor hit and is down to 53.7% on CG.<\/p>\n

<\/a>Bitcoin\/Price\/Chart 26.09.2024. Source: TradingView<\/p>\n

SHIB, PEPE Shoot Up<\/h2>\n

When it comes down to daily gains from the larger-cap alts, Shiba Inu takes the main stage with a massive 13% surge. The popular meme coin has risen to $0,000017, and you can find out more about its price increase here<\/a>.<\/p>\n

Another rep of the meme realms, PEPE, follows suit with a 7% jump that has driven it to $0.000009. Their leader, DOGE, has gained over 4% in the past day. The other notable performers include TON, ADA, DOT, and NEAR.<\/p>\n

The rest of the larger-cap alts are a lot calmer, with minor losses from ETH, BNB, XRP, and LINK.<\/p>\n

The total crypto market cap has increased slightly once again and is now up to $2.350 trillion on CG.<\/p>\n

<\/a>Cryptocurrency Market Overview. Source: QuantifyCrypto<\/p>\n

The post SHIB, PEPE Post Major Daily Gains, BTC Price Recovers From Sub-$63K Dip (Market Watch)<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin\u2019s price took a turn for the worse earlier today by dropping below $62,800 but has managed to recover all losses and sits close to $64,000 now. Some altcoins, such as DOGE, TON, and ADA, have posted impressive gains over the past day, but SHIB and PEPE stand in a league of their own. BTC […]<\/p>\n","protected":false},"author":0,"featured_media":9573,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-9572","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/9572"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=9572"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/9572\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/9573"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=9572"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=9572"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=9572"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}