Cryptocurrency Price Today September 29: Bull Run In Crypto Market; Bitcoin, Ethereum, Solana Rally Over 2%

Bulls dominated the the digital asset market on Friday (September 29) as the price of the world's two largest cryptocurrencies Bitcoin and Ethereum soared over 2% today. On Friday, The global crypto market cap rose 2.08% at $1.07 Trillion.

Today, Bitcoin price was up 2.03% at $26,903.72 per token. At this price, the total market cap of Bitcoin has increased up to 2% to $524 Billion. Ethereum price surged 2.82% at $1,650.74 per token. At this price Ethereum has a market capitalization of $198,477,875,162 according to CoinMarketcap data. At today's price, Ethereum has reached its highest value in the last eight days and this price rise has made this week the most profitable for the altcoin since July.

One must note that the crypto community is strongly anticipating the potential launch of Ethereum Futures ETFs as early as next week. Meanwhile, according to a report, after the much-hyped "Ethereum Merge" last year there has been a significant growth in Ethereum staking. The Q2 2023 "State of Staking" report from Kraken suggests that total staking rewards for all cryptocurrencies hit the $5 billion mark on an annualized basis during the quarter.

The total crypto market volume over the last 24 hours increased by 5.34% at $30.28 Billion. The total volume in DeFi is currently $2.71 Billion, 8.94% of the total crypto market 24-hour volume. The volume of all stablecoins is now $28.46 Billion, which is 93.96% of the total crypto market 24-hour volume.

Performance of Meme Coins in today's trade:

Shiba Inu price was up 1.09% at $0.000007312 at the time of writing this article. The total supply of Shiba Inu coins is 589.59 Trillion SHIB. The 24-hour volume of the meme coin stands at $72.16 Million.

Dogecoin price was up 1.57% at $0.06146 on Friday. The total supply of Dogecoin is 141.2 Billion DOGE

How Are Other Altcoins Performing Today?

XRP:

XRP price was up 2.46% at $0.511 per token on Friday. XRP is ranked number 5 out of all 9,052 active cryptocurrencies listed on CoinMarketCap.

Cardano:

Cardano price gained 2.69% at $0.2505 per token. At this price, the altcoin commands a market cap of approximately $8,801,169,340.

Solana:

The price of Solana rose 5.05% today at $20.19 per token. Solana is the world's 9th largest cryptocurrency in terms of market cap.

Polkadot:

Polkadot price was up 2.01% 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.