Shiba

PEPE

Shiba Inu

Daily

Bitcoin’s 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.
<h2 id="btc-recovers-from-dip-below-63k">BTC Recovers From Dip Below $63K</h2>
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’t looked back since.
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 <a href="https://cryptopotato.com/sui-explodes-by-12-daily-bitcoin-stopped-at-65k-again-market-watch/" data-wpel-link="internal" rel="noopener noreferrer nofollow">defend</a> that level, and the subsequent rejection pushed BTC south to $62,750 (on Bitstamp) earlier today.
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 <a href="https://cryptopotato.com/blackrock-sees-highest-monthly-etf-inflow-as-us-bitcoin-holdings-climb/" data-wpel-link="internal" rel="noopener noreferrer nofollow">growing net inflows</a> in the spot Bitcoin ETFs.
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.
<figure id="attachment_362602" aria-describedby="caption-attachment-362602" style="width: 100%" class="wp-caption aligncenter"><a href="https://cryptopotato.com/wp-content/uploads/2024/09/BTCUSD-34.png" data-wpel-link="internal" rel="noopener noreferrer nofollow"><img class="size-full wp-image-362602" src="https://cryptopotato.com/wp-content/uploads/2024/09/BTCUSD-34.png" alt="Bitcoin/Price/Chart 26.09.2024. Source: TradingView" width="1835" height="819" srcset="https://cryptopotato.com/wp-content/uploads/2024/09/BTCUSD-34.png 1835w, https://cryptopotato.com/wp-content/uploads/2024/09/BTCUSD-34-300x134.png 300w, https://cryptopotato.com/wp-content/uploads/2024/09/BTCUSD-34-1024x457.png 1024w, https://cryptopotato.com/wp-content/uploads/2024/09/BTCUSD-34-768x343.png 768w, https://cryptopotato.com/wp-content/uploads/2024/09/BTCUSD-34-1536x686.png 1536w, https://cryptopotato.com/wp-content/uploads/2024/09/BTCUSD-34-50x22.png 50w" sizes="(max-width: 1835px) 100vw, 1835px"></a>
 <figcaption id="caption-attachment-362602" class="wp-caption-text">
 Bitcoin/Price/Chart 26.09.2024. Source: TradingView
 </figcaption>
</figure>
<h2 id="shib-pepe-shoot-up">SHIB, PEPE Shoot Up</h2>
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 <a href="https://cryptopotato.com/why-is-the-shiba-inu-shib-price-up-today-9/" data-wpel-link="internal" rel="noopener noreferrer nofollow">here</a>.
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.
The rest of the larger-cap alts are a lot calmer, with minor losses from ETH, BNB, XRP, and LINK.
The total crypto market cap has increased slightly once again and is now up to $2.350 trillion on CG.
<figure id="attachment_362604" aria-describedby="caption-attachment-362604" style="width: 100%" class="wp-caption aligncenter"><a href="https://cryptopotato.com/wp-content/uploads/2024/09/Screenshot-2024-09-26-114710.png" data-wpel-link="internal" rel="noopener noreferrer nofollow"><img class="size-full wp-image-362604" src="https://cryptopotato.com/wp-content/uploads/2024/09/Screenshot-2024-09-26-114710.png" alt="Cryptocurrency Market Overview. Source: QuantifyCrypto" width="1878" height="824" srcset="https://cryptopotato.com/wp-content/uploads/2024/09/Screenshot-2024-09-26-114710.png 1878w, https://cryptopotato.com/wp-content/uploads/2024/09/Screenshot-2024-09-26-114710-300x132.png 300w, https://cryptopotato.com/wp-content/uploads/2024/09/Screenshot-2024-09-26-114710-1024x449.png 1024w, https://cryptopotato.com/wp-content/uploads/2024/09/Screenshot-2024-09-26-114710-768x337.png 768w, https://cryptopotato.com/wp-content/uploads/2024/09/Screenshot-2024-09-26-114710-1536x674.png 1536w, https://cryptopotato.com/wp-content/uploads/2024/09/Screenshot-2024-09-26-114710-50x22.png 50w" sizes="(max-width: 1878px) 100vw, 1878px"></a>
 <figcaption id="caption-attachment-362604" class="wp-caption-text">
 Cryptocurrency Market Overview. Source: QuantifyCrypto
 </figcaption>
</figure>
The post <a href="https://cryptopotato.com/shib-pepe-post-major-daily-gains-btc-price-recovers-from-sub-63k-dip-market-watch/" rel="noopener noreferrer nofollow">SHIB, PEPE Post Major Daily Gains, BTC Price Recovers From Sub-$63K Dip (Market Watch)</a> appeared first on <a href="https://cryptopotato.com/" rel="noopener noreferrer nofollow">CryptoPotato</a>.

SHIB, PEPE Post Major Daily Gains, BTC Price Recovers From Sub-$63K Dip (Market Watch)

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