Cryptocurrency Price Today: Bitcoin Price Trades Above $35,000 Mark; Solana Up 5%; Pepe Coin Gains 5%

The cryptocurrency market traded higher on Sunday as bulls tightened their grip on the digital asset market. Today, the global crypto market cap is $1.31 Trillion, a 1.06% increase over the last day.

The total crypto market volume over the last 24 hours is $28.48 Billion, down 27.03%. The total volume in DeFi currently stands at $3.33 Billion, 11.70% of the total crypto market 24-hour volume. The volume of all stable coins is now $23.99 Billion, which is 84.25% of the total crypto market 24-hour volume.

Bitcoin price was up 0.84% at $35,014.15 per token. At this price, Bitcoin has a market capitalization of $683,925,952,560. In the last one month, the world's largest cryptocurrency Bitcoin has gained 26.43%.
The recent rally in the price of Bitcoin is backed by speculations that the United States Securities and Exchange Commission (SEC) will give approval to a US-based spot Bitcoin exchange-traded fund (ETF) either by the end of this year or by January 10, 2024.

The cryptocurrency market traded in the red on Friday as investors' sentiments were low after crypto tycoon and former FTX founder Sam Bankman-Fried was found guilty of multi-billion dollar FTX fraud. On Thursday, SBF was convicted of stealing from customers of his now-bankrupt cryptocurrency exchange in one of the biggest financial frauds on record.

On Friday, the Ethereum price was spotted trading 0.89% higher at Rs $1,852.79 per token. At this price, the world's second-largest cryptocurrency, Ethereum has a market cap of $222,846,927,638. In the last one year, Ethereum has gained 12.27%.

How are meme coins performing today?

Meme currencies mostly traded higher today.

Dogecoin: The price of Dogecoin gained 0.98% to $0.06929 per token on Sunday. Dogecoin has a market cap of $9.82 Billion.

Shiba Inu: Shiba Inu price was up 1.11% $0.000007953 per token. At this price, the meme currency Shiba Inu has a market cap of $4.69 billion.

Pepe Coin: The price of Pepe Coin (PEPE) was up 5.22% at $0.000001134 per token on Sunday.

How Are Other Altcoins Performing Today?

XRP:

Ripple's XRP price gained 1.81% at $0.6218 on Sunday. XRP is ranked number 5 out of all 8,817 active cryptocurrencies listed on CoinMarketCap.

Cardano:

Cardano price remained unchanged at $0.3282 per token at the time of writing this article.

Solana:

Solana price gained 5.77% at $42.74 per token at the time of writing this copy. Solana is the world's 7th largest cryptocurrency in terms of market cap.

Polkadot:

Polkadot price gained 1.94% at $4.71 per token on Sunday. The altcoin has fallen almost 33% in the last one year.