In the last few days Bitcoin and other altcoins are making a recovery after a huge slump seen last month. Even though September is often seen as a bearish month for cryptocurrencies, prices are currently rising. The Bitcoin price today is at $117,093.18, with a 24-hour trading volume of $19.05 billion. BTC has slipped 0.44% in the last 24 hours but is still up 0.87% weekly and 2.44% over the past month.
“With the US economy showing signs of weakness, the bullish narrative for Bitcoin is only getting stronger. For Indian investors, this is a gateway to participate in global markets and benefit from trends that go far beyond domestic cycles. The Federal Reserve’s recent decision to cut interest rates by 25 bps, coupled with hints of additional cuts later this year, has acted as a major catalyst for Bitcoin’s price increase. Fed Chair Jerome Powell’s remarks about a slowing US economy and a fragile job market have further strengthened the bullish narrative for crypto assets, particularly Bitcoin.” said Sumit Gupta, co-founder of CoinDCX.
Ethereum Price Today (ETH)
The Ethereum price today is $4,574.96, supported by a market cap of $554.50 billion. ETH has dropped 0.88% in the past 24 hours and 2.94% weekly but still shows a 5.50% monthly gain.
XRP Price Today
The XRP price today is $3.07, with a market value of $183.75 billion and a daily trading volume of $4.65 billion. XRP is down 1.31% in the past 24 hours and 1.29% weekly, but it gained 3.89% over the past month.
Binance Coin Price Today (BNB)
As the native token of the Binance exchange, BNB is widely used for crypto trading, transaction fees, staking, and DeFi applications. The Binance Coin price today is $986.33, with a market cap of $137.49 billion and a 24-hour volume of $1.54 billion. BNB slipped 0.95% in the past 24 hours but surged 6.61% weekly and 13.46% monthly.
Solana Price Today (SOL)
. Solana is one of the fastest-growing altcoins in the crypto market. The Solana coin price today stands at $246.99, with a market capitalisation of $134.45 billion and a 24-hour trading volume of $5.72 billion. SOL gained 0.09% daily, 1.95% weekly, and an impressive 31.41% in the past month.
Dogecoin Price Today (DOGE)
The Dogecoin price today is $0.2786, with a market cap of $42.26 billion and a daily volume of $2.73 billion. DOGE fell 1.53% in the last 24 hours but gained 1.15% weekly and an impressive 25.68% monthly.
Cardano Price Today (ADA)
The Cardano price today is $0.9269, with a market cap of $34.00 billion and a 24-hour trading volume of $982.35 million. ADA rose 1.00% in the last 24 hours, 1.08% weekly, and 5.25% monthly.
TRON Price Today (TRX)
Known for its decentralised applications, TRON price today is $0.3492, backed by a market capitalisation of $33.11 billion and a daily volume of $744.10 million. TRX jumped 1.38% in the last 24 hours, though it slipped 0.97% weekly and 1.48% monthly.
Stablecoin Updates: Tether (USDT) and USD Coin (USDC)
Tether (USDT) trades steadily at $1.00 with a market cap of $171.49 billion and a 24-hour volume of $785.08 million. Similarly, USD Coin (USDC) is priced at $0.9996.
Market Outlook Ahead
“Currently, Bitcoin is trading in a crucial range between $117,138 and $119,500. A clean breakout above this zone could pave the way for fresh all-time highs as bullish sentiment intensifies. By the end of 2025, I believe Bitcoin could reach $140,000-$145,000, driven by the continuous and strong institutional inflows, favourable macro conditions, and rising demand as a hedge against monetary uncertainty. For investors, this means viewing Bitcoin as a store of value that could rival gold. Over the next decade, Bitcoin may even surpass gold’s market cap, unlocking an entirely new era of wealth preservation and portfolio diversification.” Sumit Gupta, co-founder of CoinDCX.
