Cryptocurrency Price Today September 26: Bitcoin, Ethereum Trade Higher; Global Crypto Market Rises 0.51%

The digital asset market traded in the green on Tuesday (September 26) as the price of two major cryptocurrencies moved northward today. The global crypto market cap rose 0.51% at $1.05 Trillion on Tuesday. Bitcoin price although below the $27,000 market, but gained 0.64% at $26,326.56 per token at the time of writing this article. Bitcoin has almost gained 39% in the last year, according to CoinMarketCap data. Meanwhile, the world's second-largest cryptocurrency Ethereum also traded higher today. Ethereum price was up 0.82% at $1,592.39 per token at the time of filing. In the last one year, Ethereum's price has almost gained 22%.

The total crypto market volume over the last 24 hours stood at $22.74 Billion, an increase of 11.35%. The total volume in DeFi was $1.91 Billion, 8.42% of the total crypto market 24-hour volume. The volume of all stablecoins stood at $21.48 Billion, which is 94.44% of the total crypto market 24-hour volume.

According to cryptocurrency expert @therationalroot the process of Bitcoin halving was reportedly 85% complete as of Monday, with the supply of the digital tokens held by long-term holders (LTHs) nearing its record high. Looking forward, the upcoming mid-2024 Bitcoin halving is attracting increasing attention from investors. If past trends are to be followed, the cryptocurrency market might see a roughly one-year sideways trend. The mid-April 2024 halving of Bitcoin may not have an immediate effect on Bitcoin price, with its consequences potentially not felt until the final quarter of 2024 and into 2025.

Shiba Inu price extended losses on Tuesday as the price of meme coin was down 0.75% at $0.00000732. The total supply of Shiba Inu coins is 589.59 Trillion SHIB.
Dogecoin price traded slightly higher today. The price of Dogecoin was up 0.10% at $0.0611 at the time of filing this article. At this price, Dogecoin has a market cap of $8.62 Billion.

How Are Other Altcoins Performing Today?

XRP:

XRP price gained 0.68% at 0.5064 per token on Tuesday. XRP is ranked number 5 out of all 9,072 active cryptocurrencies listed on CoinMarketCap. In what is seen as a sudden twist in the ongoing XRP Lawsuit, Brad Garlinghouse, Ripple Labs CEO, has reportedly landed a new defense attorney in the case. According to the filing submitted to the court, Rahul Mukhi will now be appearing specifically for Brad Garlinghouse.

Cardano:

Cardano price fell 0.27% at $0.2446 per token. At this price, the altcoin commands a market cap of $8,589,518,128.

Solana:

The price of Solana was down 0.39% at $19.49 per token. Solana price is down nearly 40% in the last one year.

Polkadot:

Polkadot price was up 1.51% at $4.07 per token at the time of writing this article. The altcoin's price has fallen almost 36% in the last one year.