Crypto Price Analysis 9-26: BITCOIN: BTC, ETHEREUM: ETH, SOLANA: SOL, FILECOIN: FIL, JUPITER: JUP
The cryptocurrency market was a sea of red after a brutal week left traders reeling as major cryptocurrencies traded in bearish territory. The drop has pushed the market into negative territory for September, although Bitcoin (BTC) is holding on to a 1% gain for the month. The markets have shed over 2% in the past 24 hours, with the market cap down to $3.75 trillion.
BTC slumped to a four-week low as selling pressure intensified. The flagship cryptocurrency fell to an intraday low of $108,776 before registering a marginal recovery and reclaiming $109,000. BTC is down over 2% during the ongoing session, trading around $109,393, with sellers in control.
Ethereum (ETH) slumped below the key $4,000 mark and is down nearly 3%, trading around $3,910. Ripple (XRP) is down almost 4%, trading around $2.75, while Solana (SOL) lost the key $200 level and is trading around $195, down over 5%. Dogecoin (DOGE) is down 4%, while Cardano (ADA) is down 3%, trading around $0.772....