Market Update 26th September 2024
By Shikha Singh
Bitcoin fell from its monthly high of $64,800 to $63,810, influenced by the Federal Reserve’s 50-basis-point rate cut. Despite a brief recovery, Bitcoin couldn’t break $65,000, holding a market cap of $1.26 trillion with a 53.8% market dominance.
Ethereum, Binance Coin, and Tron dropped 1-2%, while Solana, DOGE, and SHIB saw slight gains. Chainlink surged 7%, and mid-cap SUI soared 12%, continuing its strong performance this month.
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