Crypto Price Update August 13: BTC at $59K, ETH and PEPE Rally Amid Global Market Resurgence

The crypto prices today are showing clear signs of resurgence after a period of downtrend. This comes as a welcomed development to investors who have recorded losses over the past few days. The global crypto market cap has added 2.01% to its value, now resting at $2.09 trillion. Top coins like Bitcoin, Ethereum, BNB, Toncoin, and Pepe have seen impressive gains within this time.

Additionally, the market sentiment now shows ‘fear,’ resting at 31 points as per the crypto fear and greed index data. This reflects a lack of investors’ confidence in the market outlook at this time. Let us look at an overview of the market and see how coins have moved in the last day.

The price of Bitcoin (BTC) has enjoyed marginal gains in the past 24 hours. CoinMarketCap data reveals that the flagship cryptocurrency traded at $59,275 at the time of writing, signifying a 0.89% increase. Earlier, the coin dropped as low as $58,137 before moving up to its current position. Notably, its one-day trading volume also surged by 29% within the time showing increased investors and traders activities. As of the latest BTC ETF update on August 12, the product recorded a daily total net inflow of $27.87 million.

Similarly, Ethereum has seen impressive gains within the last day. The price of ETH surged by 3.14% to trade at $2,648. Since it fell from the $3k zone, the second-largest cryptocurrency by market cap has struggled to regain the price mark. Perhaps, the current rally will catalyze this movement, investors hope. Ethereum has seen bottoms and tops of $2,563.27 and $2,737 in the last 24 hours with an ETH ETF daily total net inflow of $4.93 million.

Other Altcoin Prices

Solana (SOL) has deflected from the global uptrend today. At the time of writing, the price of SOL recorded a decline of 0.86% to change hands at $146.01. Additionally, SOL touched the bottom and tops of $142.19 and $150.74 respectively.

Meanwhile, Cardano (ADA) dropped 0.05% to $0.337, maintaining a bottom and top range of $0.3316 and $0.3442 respectively. Toncoin (TON) has also seen marginal loss within this time. The price of Toncoin (TON) dropped by 0.45% to $6.34 as of writing, having one-day lows and highs of $6.20 and $6.62.

Dogecoin (DOGE) and Shiba Inu (SHIB) demonstrated an uptrend in the last 24 hours. While DOGE increased by 3.0%, SHIB saw a 1.34% rally in value. Consequently, DOGE and SHIB traded at $0.1043 and $0.00001366 respectively.

Meanwhile, PEPE, the third-largest memecoin by market cap has increased by 2.3% to trade at $0.000007958 in the last 24 hours. Earlier today, Coinfomania reported a significant whale transaction that accumulated 420 billion Pepe coins. The bullish action underscores investors’ confidence in the future outlook of the coin. Notably, PEPE has moved between the ranges of $0.000007949 and $0.000008472 in one day.

Saga (SAGA) climbed 26% to reach $1.61

MAD (MAD) moved up by 21.13% to $0.00002019

Curve DAO (CRV) added 11.23% to $0.3141

BinaryX (BNX) gained 5.94% to $1.33

SafePal (SFP) surged 4.55% to $0.8104

The global crypto market is resurging with the majority of the coins trading in green. While investor sentiment remains low, it will be interesting to watch how this week plays out.