Bitcoin, Ethereum, Dogecoin Rally Despite 'Epic' Difficulty Of Conditions, Election Outcome Irrelevant, Says Trader: BTC 'Will Thrive Regardless'

Cryptocurrency markets are rallying into the weekend, as traders remain convinced the range-bound price action will eventually resolve upwards. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC BTC - $62835.137 $59,680 +4.4% Ethereum (CRYPTO: ETH ETH - $2460.441 $2620 +3.3% Solana (CRYPTO: SOL SOL - $141.270 $140.7 +0.8% Dogecoin (CRYPTO: DOGE DOGE - $0.104895945740482 $0.1013 +2.4% Shiba Inu (CRYPTO: SHIB SHIB - $0.000014018748020 $0.00001325 +0.4% Notable Developments Blockchain Unicorn 5ire Launches Mainnet Following 1M Monthly Testnet Transactions Bitcoin Miners' Profits Dipped In July Compared To June: Jeffries MSTX Becomes First Single-Stock Leveraged ETF For MicroStrategy Stock, Offers 175% Exposure Bettors Dismiss Recession Fears: Polymarket Shows Only 7% Chance Of US Downturn In 2024 Crypto Heists Surge 84% In 2024 With Over $1.58B Stolen, Says Report Notable Statistics IntoTheBlock data shows Bitcoin's large transaction volume down by 40% in the past 24 hours.

Source: benzinga.com

Related symbols: BTCUSD

2024-08-16 20:15:03 GMT.

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Price & Market Data

Price: $62835.137

Volume 24h: $43,687,487,674.16

Market Cap: $1,241,389,810,175.20

Description

Bitcoin (BTC) is a cryptocurrency launched in 2010. Users are able to generate BTC through the process of mining. Bitcoin has a current supply of 19,756,287. The last known price of Bitcoin is 62,970.2481002 USD and is up 4.53 over the last 24 hours. It is currently trading on 11703 active market(s) with $43,727,270,107.03 traded over the last 24 hours. More information can be found at https://bitcoin.org/.

Price & Market Data

Price: $2460.441

Volume 24h: $18,415,013,246.97

Market Cap: $296,101,928,946.57

Description

Ethereum (ETH) is a cryptocurrency . Ethereum has a current supply of 120,345,065.76920383. The last known price of Ethereum is 2,464.89210745 USD and is up 5.67 over the last 24 hours. It is currently trading on 9306 active market(s) with $18,458,184,027.49 traded over the last 24 hours. More information can be found at https://www.ethereum.org/.

Price & Market Data

Price: $141.270

Volume 24h: $2,849,560,084.81

Market Cap: $66,182,916,673.83

Description

Solana (SOL) is a cryptocurrency launched in 2020. Solana has a current supply of 584,921,157.4132218 with 468,485,321.62940556 in circulation. The last known price of Solana is 142.18497974 USD and is up 8.25 over the last 24 hours. It is currently trading on 737 active market(s) with $2,820,878,339.60 traded over the last 24 hours. More information can be found at https://solana.com.

Price & Market Data

Price: $0.104895945740482

Volume 24h: $655,763,664.21

Market Cap: $15,317,576,951.74

Description

Dogecoin (DOGE) is a cryptocurrency . Users are able to generate DOGE through the process of mining. Dogecoin has a current supply of 146,026,156,383.70517. The last known price of Dogecoin is 0.10564021 USD and is up 3.35 over the last 24 hours. It is currently trading on 1066 active market(s) with $652,469,281.14 traded over the last 24 hours. More information can be found at http://dogecoin.com/.

Price & Market Data

Price: $0.000014018748020

Volume 24h: $261,752,539.79

Market Cap: $8,260,820,729.76

Description

Shiba Inu (SHIB) is a cryptocurrency and operates on the Ethereum platform. Shiba Inu has a current supply of 589,518,419,021,203.6 with 589,269,506,655,882 in circulation. The last known price of Shiba Inu is 0.00001408 USD and is up 4.66 over the last 24 hours. It is currently trading on 876 active market(s) with $261,242,619.48 traded over the last 24 hours. More information can be found at https://shibatoken.com/.