Market Update September 13
It has been another eventful week in the world of crypto, with significant price movements and market volatility dominating the headlines.
As of September 13, the total market cap of all cryptocurrencies is sitting at $2.04 trillion. Amidst the fluctuations, Bitcoin remains the dominant cryptocurrency, with a market dominance of 56.2%, while Ethereum holds a 13.9% market share.
Bitcoin has seen a 3.65% increase in its price over the past week, reaching a high of $58,179.33.
On the other hand, Ethereum, the second-largest cryptocurrency by market cap, has experienced a slight dip of 0.46%, with its price currently at $2,358.74.
However, despite the ups and downs, the wider crypto market has continued to show signs of resilience and growth, with some altcoins even outperforming their more prominent counterparts. Binance Coin (BNB), the native token of the popular cryptocurrency exchange, has seen an impressive 7.29% increase in its price over the past week. Other altcoins such as Solana (+2.13%), XRP (+5.05%), Dogecoin (+8.59%), Toncoin (+15.06%), and TRON (+0.79%) have also seen positive price movements.