Crypto Prices Today: BTC price wanes to the $57K level with weekly outflows in spot ETFs and capital flows shifting to stablecoins. Altcoins mimic price dips.
The crypto prices today have again sparked severe investor concerns globally. Bitcoin (BTC) price slipped to the $57K level, whereas Ethereum (ETH), Solana (SOL), and XRP traded dominantly in the red territory. The global crypto market cap witnessed a 1.74% decline in value to $2.02 trillion today. However, the total crypto market volume experienced a 68.49% increase in value to $55.39 billion.
Here’s a brief collection of some of the leading cryptocurrencies by market cap and their price action today, September 2.
Crypto Prices Today (September 2)
Bitcoin Price Today
BTC price chart showcased a nearly 2% decline in value today and is currently resting at $57,534. The flagship crypto’s price sunk today as the capital flows for BTC dipped below to that of stablecoins. Bitcoin’s 24-hour lows and highs were recorded as $57,136.03 and $58,762.49, respectively.
Further, the coin’s waning price movement also aligns with $277.12 million weekly outflows in Bitcoin ETFs as of August 30. Moreover, despite BTC whale accumulations being on the rise, the coin has yet to embark on an upward trajectory.
Bitcoin’s dominance stood at 56.34%, an increase of 0.07% over the past day. Also, the flagship crypto’s market cap stood at $1.14 trillion today.
Ethereum Price Today
Meanwhile, ETH price followed, dipping roughly 2% at press time to reach $2,447. Ethereum’s intraday lows and highs were recorded as $2,401.89 and $2,512.91, respectively.
Spot Ethereum ETFs saw $12.60 million in weekly outflows as of August 30, per Soso Value data. Ethereum’s market cap stood at $294.11 billion today, sparking concerns among market participants.
Solana Price Today
The crypto SOL witnessed a nearly 3% decline in value and is currently trading at $130. Solana’s intraday lows and highs were $128.24 and $136.00, respectively.
XRP Price Today
Simultaneously, XRP price rested at $0.5493 today, a nearly 2% fall in the past 24 hours. The coin’s 24-hour lows and highs were $0.5448 and $0.5618, respectively.
Also, XRP’s market cap rested at $30.9 billion today.
Meme Coins Prices Today
Dogecoin (DOGE) price today tanked nearly 5% to $0.09522. Simultaneously, Shiba Inu (SHIB) price cracked over 3% to trade at $0.00001325. Moreover, even PEPE, WIF, and BONK prices waned 3%-6% today.
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