Cryptocurrency market today
The cryptocurrency market today is showing a strong recovery. Both bitcoin and many altcoins are in the green today.
The total cryptocurrency market Capital is currently above $1070 trillion according to CoinGecko. This Capital has recovered more than 70 billion compared to the previous market adjustment.
BTC attempts at $27,000
BTC hit a rough patch last Monday when it fell to a two-month low. However, it managed to recover any losses almost immediately and pump above $26,000. Thanks to traditional financial giants filing applications for spot BTC ETFs.
It continued to rise during the workweek and rose to $26,900 on Saturday. However, it was unable to surpass that level and fell several hundred dollars on Sunday. Monday started the same way and it wasn't until the afternoon that BTC moved higher.
This culminated in the price skyrocketing to $27,400 later that day. That level became the highest price in more than two weeks. However, BTC lost almost all momentum in the following hours and is currently at around $27,000.
Its market Capital has exceeded $525 billion, while its dominance rate stands at 49.1%.
Alts see green
Most altcoins also pumped more yesterday but could not sustain the notable gains. However, green still dominates the rankings.
Ethereum, Binance Coin, Dogecoin, TRON and Shiba Inu are up around 1%. Cardano, Toncoin and Polygon have added about 1-2%, while Ripple, Litecoin, Chainlink and Solana have increased more than 2% and even more than 4% in the case of SOL.
Even more benefits come from XEC, GMX and Stacks. In fact, XEC is the top performer today, up 15%.
The total cryptocurrency market Capital has also increased by several billion overnight and is now above $1.070 trillion after falling to $1 trillion last Monday.
The post Monitoring the cryptocurrency market today September 19 appeared first on CoinPlus .
