Cryptocurrency Price Today: Bitcoin Price Trades Higher On Completing 15th Anniversary, Solana Up 6%

The digital asset market continued to trade higher on Wednesday, a day after the world's largest cryptocurrency completed 15 years of its existence. Today, Bitcoin price was up 0.50% at $34,480.39 per token at the time of filing this copy. Bitcoin has a current market capitalization of $673,482,422,918, according to CoinMarketCap data. Bitcoin white paper was authored by the pseudonymous Satoshi Nakamoto and released on October 31, 2008.

The global crypto market cap rose 0.12% to $1.28 Trillion. The total crypto market volume over the last 24 hours increased by 3.46% to $41.15 Billion. The total volume in DeFi is currently $4.25 Billion, which makes 10.34% of the total crypto market 24-hour volume. The volume of all stablecoins is now $36.33 Billion, which is 88.29% of the total crypto market 24-hour volume.

Ethereum price remained above the $1,800 mark. At the time of writing this copy, Ethereum price was up 0.54% at $1,811.13 per token.

The recent rally in the price of Bitcoin is due to optimism 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.

How are meme coins performing today?

Meme currencies mostly traded lower today.

Dogecoin: The price of Dogecoin fell 2.30% at $0.06774 per token on Wednesday. Dogecoin has a market cap of $9.59 Billion.

Shiba Inu: Shiba Inu price dropped 2.69% at $0.00000775 per token. At this price, the meme currency Shiba Inu has a market cap of $4.57 billion.

Pepe Coin: The price of Pepe Coin (PEPE) was down 3.82% at $0.0000000002717 per token on Wednesday.

How Are Other Altcoins Performing Today?

XRP:

Ripple's XRP price gained 3.25% at $0.5956 on Wednesday. XRP is ranked number 5 out of all 8,810 active cryptocurrencies listed on CoinMarketCap.

Cardano:

Cardano price slumped 3.52% today at $0.2911 per token at the time of writing this article.

Solana:

Solana price surged 6.45% at $38.20 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 fell 2.09% at $4.43 per token on Wednesday. In the last one month, the stock has gained 7.60%.