Shiba inu price Financial News

The Shiba Inu price has risen by 2% in the past 24 hours, moving to $0.00000864 on a day when the cryptocurrency market as a whole makes a similar gain.

The Shiba Inu price has slipped by 1% today, falling to $0.00000892 as the cryptocurrency market as a whole has a very quiet 24 hours.

The Shiba Inu price has risen by 3% in the past 24 hours, reaching $0.00000855 on a day when the cryptocurrency market as a whole makes a similar gain.

The Shiba Inu price has dipped a little this morning, falling by 0.5% in 24 hours as the wider cryptocurrency market gains by the same percentage.

The Shiba Inu price has moved to $0.00000783 today, marking a 3% gain in 24 hours as the cryptocurrency market as a whole rises by 1%.

The Shiba Inu price has remained flat in the past 24 hours, keeping to the $0.00000803 level as the wider market rises by 1.5% today.

cryptocurrency market cap surged 0.77% to around $1.27 trillion in the last 24 hours. Bitcoin was up 1.47% at $34,626 as of 12:30 p.m., while its largest peer, Ethereum, surged 1.4% to above the $1,800 level. The consistent gains registered by BTC have overshadowed the price action of ETH and other major altcoins. This has led to BTC dominance hitting a new 30-month high of over 54%; the highest since April 2021. However, as investors become comfortable with the risk curve during this market phase, altcoins may see an uptick in investor interest, leading to a correction in BTC dominance, said Parth Chaturvedi, Investments Lead at CoinSwitch Ventures. Other popular altcoins, including Dogecoin and Shiba Inu, rose over 6% each. Also, Cardano, Solana, Polygon, Polkadot, Litecoin and Toncoin surged.

Bitcoin was up 2.46% at $30,721 as of 12:39 p.m., while its largest peer, Ethereum, rose 2.4% to above the $ 1,650 level. Majority of the altcoins were trading higher. BTC has been holding firm above the $30k mark as several altcoins have started to catch up with this Q4 rally as well. Even as we have seen Bitcoin go up daily for 4 days in a row now, the $28k-31k range has acted as a major liquidity zone and BTC must cross the $31.5k-33k zone before one can say with certainty that this resistance zone has been broken, said Shubham Hudda, Senior Manager at CoinSwitch Markets Desk. Edul Patel, CEO of Mudrex, said, «Over the weekend, Bitcoin breached the $30,000 threshold amid renewed optimism regarding the potential approval of a Bitcoin Spot ETF as several applicants made amendments to their applications with the SEC last week.»

The global cryptocurrency market cap declined 1.28% to around $1.08 trillion in the last 24 hours. Other popular altcoins, including the likes of Polygon, Dogecoin, Ripple (XRP), and Solana plunged up to 1-2%. Toncoin, Litecoin, and Shiba Inu declined up to 2-4% Bitcoin has been trading above the $28,200 level in the last 24 hours. This price movement follows asset manager Fidelity filing an amendment to its proposed spot bitcoin ETF with the U.S. SEC, specifying how it will safeguard customers’ bitcoin in custody accounts and disclose risks, said Edul Patel, CEO of Mudrex.

Toncoin and Tron were trading in the green, while Ethereum, XRP, BNB, Cardano, Dogecoin, and Polkadot were trading in the red. The global cryptocurrency market cap surged 0.76% to around $1.09 trillion in the last 24 hours. Bitcoin was up 1.1% at $28,586 as of 12:39 p.m., while Ethereum was below the $1,600 level. «Bitcoin has maintained a trading position above the $28,300 mark in the last 24 hours. This price movement is driven by growing excitement among investors about the potential approval of a Bitcoin Spot ETF in the United States,» said Edul Patel, CEO of Mudrex. «BTC has successfully reclaimed the 200-day Simple Moving Average (SMA) and is currently holding above it.

XRP, Cardano, Dogecoin, Toncoin and Polkadot were trading in the red. Meanwhile, the global cryptocurrency market cap surged 0.64% to around $1.09 trillion in the last 24 hours. Bitcoin was up 1.44% at $28,251 as of 12:35 p.m., while Ethereum was just below the $1,600 level. «Bitcoin’s price touched the $30,000 mark before settling at the $28,000 level following false news published on X (formerly Twitter) about the SEC approving Blackrock’s spot ETF application. The news caused more than $100 million in liquidations,» said Edul Patel, CEO of Mudrex.

Bitcoin was down 0.2% at $26,809 as of 11:30 p.m., while Ethereum was below the $1,550 level. Meanwhile, the global cryptocurrency market cap declined 0.5% to around $1.05 trillion in the last 24 hours. In today's trade, Toncoin and Solana fell up to 3%. While BNB, XRP, Dogecoin, Tron, and Polkadot also declined.

Toncoin, Polygon, and Dogecoin were trading with cuts. Bitcoin was up 0.65% at $27,624 as of 12:47 p.m., while Ethereum was below the $1,650 level. «Bitcoin has been trading around the $27,700 level, possibly because of traditional markets calming down following a cooling US labor market,» Edul Patel, CEO of Mudrex, said. Ahead of the official US Non-farm payroll data this Friday, September's US Private Payroll data indicated a rise of 89,000 jobs instead of the projected 153,000 jobs.

cryptocurrency market cap declined 0.89% to around $1.08 trillion in the last 24 hours. Bitcoin was down 0.7% at $27,397 as of 11:27 p.m., while Ethereum was below the $1,650 level. BNB, Solana, Cardano, Toncoin, Polkadot, and Litecoin were trading in the red, while XRP and Tron were trading in the green. «BTC and Ethereum prices have experienced a slight decrease in the past 24 hours. This dip is attributed to rising U.S. bond yields and overbought signals, which have put pressure on Bitcoin,» said CoinDCX Research Team.

cryptocurrency market cap declined 2% to around $1.09 trillion in the last 24 hours. Bitcoin was down 1.8% at $27,617 as of 12:38 p.m., while Ethereum was below the $1,700 level. «Bitcoin’s price rose above $28,000, the highest level in the last 30 days, before consolidating around $27,500. This price movement could be because of the U.S. 10-year Treasury yield soaring another 11 basis points to 4.69%, slightly affecting the gains caused by positive indicators like the Ether futures ETFs approvals by the U.S. SEC,» said Edul Patel, CEO and co-founder of Mudrex. Meanwhile, Shubham Hudda, Senior Manager at CoinSwitch Markets Desk, said, «Bitcoin momentarily broke above the extremely important resistance of $28.5k, which is the 50-day Exponential Moving Average (50EMA) as well, before bears took the grip and BTC fell back to around $27.5k. This volatility means that the market saw its highest volumes in more than a month. More volumes will attract more traders to the market.»

cryptocurrency market cap rose 2.7% to around $1.07 trillion in the last 24 hours. Bitcoin was up 2.5% at $27,119 as of 1:18 p.m., while Ethereum was above the $1,150 level. «Bitcoin surpassed the $27,000 mark due to several factors, including a rise in stock markets and upcoming options expiring on Friday, coupled with reduced overall economic pressures,» said CoinDCX Research Team. Meanwhile, Edul Patel, CEO & Co-founder of Mudrex, said, «Bitcoin's value climbed beyond the $27,200 threshold on Friday before stabilizing above the $26,900 level. This upward shift may be attributed to Valkyrie Funds LLC, an investment management firm, obtaining regulatory clearance from the Securities and Exchange Commission (SEC) to introduce Ethereum futures to its current Bitcoin futures exchange-traded fund.»

cryptocurrency market cap was trading at around $1.05 trillion, falling 0.25% in the last 24 hours. Bitcoin was down 0.25% at $26,229 as of 11:55 a.m., while Ethereum was flat at $1,590. «The crypto market remained flat during the last 24 hours as traders await the Fed chief’s speech on Thursday, which will give us a clear picture of future rate hikes,» said Shivam Thakral, CEO of BuyUcoin. Meanwhile, Edul Patel, Co-Founder & CEO of Mudrex, said, «Bitcoin’s price has consolidated above the $26100 level. This could be because of the US 10-year Treasury yield moving up to 4.55%, matching its highest level in about 16 years.»

Meanwhile, the global cryptocurrency market cap was trading higher, around $1.07 trillion, rising 0.76% in the last 24 hours. The crypto market has traded sideways with an upward bias in the last 24 hours. It has been another positive day for BTC as it touched $27.4k before pulling back a little. In fact, the last 8 days have been pretty positive for the crypto market with BTC rising around 10% from the local top to bottom, said Shubham Hudda, Senior Manager, CoinSwitch Markets Desk. Meanwhile, Edul Patel, CEO & Co-founder of Mudrex, said, «Over the past 24 hours, Bitcoin rose above the US$27,000 mark, marking its highest point since August 31st. This surge is in anticipation of the U.S Federal Reserve's upcoming meeting, scheduled for tomorrow, where the market expects the Federal Open Market Committee (FOMC) to momentarily halt interest rate hikes.»

BNB, Cardano and Tron were trading with gains, while XRP, Dogecoin, Solana and Shiba Inu were trading with cuts. Meanwhile, the global cryptocurrency market cap was trading higher, around $1.04 trillion, rising 0.22% in the last 24 hours. «BTC’s price remained within a narrow range for another day, although for a very brief duration, BTC did trade below $25.5k and above $26k. The small dump and pump happened around the same time as the news broke out that a major tech investor Cathie Wood's ARK Invest applied for a spot Ethereum ETF in the US,» Shubham Hudda, Senior Manager at CoinSwitch Markets Desk, said. The total volume in DeFi is currently $2.07 billion, 7.87% of the total crypto market 24-hour volume. The volume of all stablecoins is now $25.1 billion, which is 95.46% of the total crypto market 24-hour volume.

Litecoin and Solana were trading with cuts, while Bitcoin, BNB, Tron, and Shiba Inu were trading with gains. Meanwhile, the global cryptocurrency market cap was trading lower, around $1.05 trillion, falling 0.20% in the last 24 hours. Bitcoin dropped to trading around the $25,600 level before consolidating to trading above the $26,000 level. Ethereum has been trading above the $1600 level. Meanwhile, Balancer, One of Ethereum’s top decentralized crypto trading projects, dropped nearly $100 million after discovering a critical vulnerability, said Edul Patel, CEO & Co-Founder of Mudrex. The market cap of Bitcoin, the world's largest cryptocurrency, was around $507 billion. Bitcoin's dominance is currently 48.37%, an increase of 0.13% over the day, according to CoinMarketCap.

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