A positive momentum in the cryptocurrency market on Friday, September 15, suggested that the investors regained confidence in the market, despite hotter-than-anticipated economic data. A set of data was scheduled for this week, which showed that the inflation fear still hovers over the market. But, in a different turn, the crypto market stayed in the green after the key data release.
During writing, the fear and greed index stayed at 38, suggesting a “fear” environment in the market. However, major cryptos like Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Cardano (ADA), and Tron (TRX), among others stayed in the positive territory.
Bitcoin price noted gains of 1.33% and traded at $26,631.14 while writing, and its market cap surged at the same percentage to $518,928,247,071. Its trading volume for the last 24 hours dropped by 8.61% to $12,736,847,613.
The Ethereum price added 0.89% in the last 24 hours to trade at $1,635.45, and its trading volume declined 14.79% to $4,833,534. The Solana price was up 1.37% to $19.19 during writing on Friday, and its volume tumbled 40.73% to $262,932,681.
The Cardano price jumped 2.45% to $0.2545, while the XRP price rose at a rate of 2.76% to $0.4985. The TRON price ticked up 3.26% to $0.08383 at the same time.
The picture was also somewhat the same with the meme cryptos, with Dogecoin price rising 1.42% to 0.06224, while its trading volume at $175,979,612, down 9.90%. The Shiba Inu price also jumped 2.25% to 0.000007445 from yesterday, and its trading volume slumped 5.14% to $75.02 million.
The positive momentum in the major cryptos also padded support to the overall crypto market to stay in the positive territory. The global crypto market cap was up 1.11% to $1.06 trillion from yesterday, and the total crypto market volume plummeted 8.95% to $26.64 billion.
The Top Cryptos For Today Are:
Pepe Coin declines 0.25%
During writing, the Pepe coin price was $0.0000006784, down by 0.25% in the last 24 hours. Its market cap was down 0.24% to $265.8 million, and its trading volume plunged 14.89% to $40.27%. The Pepe coin has gained notable traction as popular meme crypto lately, but it seems that investors are trading cautiously amid a flurry of macroeconomic concerns.
Axie Infinity (AXS) was up over 11%
The Axie Infinity price noted a significant gain of 11.8% over the past 24 hours on Friday and traded at $4.76 during writing. The one-day trading volume of the crypto soared 746.57% to $177,380,899 during writing. The double-digit gains in the crypto price suggested that the investors are bullish on the crypto, but some have argued that it could be due to a short squeeze.
THORChain (RUNE) jumped 6.71%
As of writing, THORChain price surged 6.71% to $1.72, while its last 24 hours volume soared 22.86% to $71,802,123. The crypto had a market cap of $579,206,836, up 6.53% from yesterday. The crypto has maintained its upward trend since yesterday, when it rose about 8%.
Cosmos (ATOM) soared nearly 6%
The Cosmos price jumped at a rate of 5.89% during writing on Friday and traded at $6.91. The last 24 hours volume of the crypto rose 4.91% to $82,057,796. The crypto seems to be gaining attention from investors since September 13, when it announced that its v12 upgrade is completed.
