The crypto market showed new energy on September 17, with MYX Finance (MYX) experiencing the highest gain. According to CoinMarketCap, the global crypto market cap rose to $4.02 trillion, reflecting a 0.82% increase over the last 24 hours. Trading volume also saw an increase, reaching $149.18 billion, which is up by 10.16%.
Bitcoin (BTC), the leading cryptocurrency, was trading at $116,067, a 0.74% gain in the past day with a trading volume of $49.16 billion. Following closely was Ethereum (ETH), priced at $4,487.85 after a daily increase of 0.53% and $35.83 billion in trading activity.
MYX Finance (MYX) was the top gainer after a 58.34% jump, trading at $17.24 with a trading volume of over $597 million. In second place, Aerodrome Finance (AERO) saw an increase of 6.19%, reaching $1.28, backed by a volume of $132.15 million.
Story (IP) was also among the gainers’ side, climbing 6.11% to hit $10.10 with $110.41 million in trades. Meanwhile, Sky (SKY) rose by 5.81% to $0.07609, and PancakeSwap (CAKE) moved up 4.62% to $2.56.
Monero (XMR) took the lead as the biggest loser, dropping 4.65% to settle at $303.08, with a trading volume of $143.99 million. Following closely was Worldcoin (WLD), which fell 3.22% to $1.51, and MemeCore (M), which saw a decline of 3.07% to $2.42.
Sei (SEI) saw a drop of 2.04%, landing at $0.3119, while Ethena (ENA) fell by 1.89% to $0.689. Despite the decline, Ethena had the highest trading volume among the losers, with $454.88 million.
According to the cryptomarket overview data, Market sentiment was steady, shown by the Fear and Greed Index sitting at 51.
Meanwhile, with the Altcoin Season Index at 71, it is evident that Bitcoin dominates the altcoin market. Bitcoin accounted for 57.5% of the market share, while Ethereum was at 13.5%, leaving the rest of the altcoins with 29.1%.
According to the Coimarketcap chart, ETF flows took a positive turn, bringing in $230.6 million in net inflows.
Derivatives activity was also robust, with perpetual contracts reaching $930.29 billion and futures at $3.97 billion. Bitcoin’s implied volatility was at 38.24, but Ethereum’s was notably higher at 66.57.
Altcoins like MYX Finance are gaining as more investors jump in, but Monero’s drop proves the market is still unpredictable.
