On the 22nd (local time), the cryptocurrency market ended in a mixed mood, with Bitcoin moving sideways at $19,200 and Ethereum unable to soften the blow. Six of the top 10 stocks rose, and 51 of the top 100 rose.
# Mixed closure
According to CoinMarketCap, the price of Bitcoin was $19,235.88 as of 4 pm New York time, down 0.57% from 24 hours ago.
Ethereum fell by 3.06%, Dogecoin by 0.80%, BNB by 0.30%, XRP by 11.00%, Cardano by 1.79%, and Solana by 0.30%.
At this time, the market capitalization of the cryptocurrency market was $934.7 billion, with Bitcoin accounting for 39.4%.
Source: CoinMarketCap (as of September 22, 4pm New York time)
# Ether future decline
Chicago Mercantile Exchange (CME) Bitcoin futures rose $220 in September, the most actively traded price, to $19,200, and the October contract rose $205 to $19,150.
The Ethereum futures price fell $10.00 in September to $1310.50, and the October contract price fell $11.00 to $1306.00.
# XRP continues to surge
“Even if central banks tighten monetary policy, the situation will not worsen,” Griffin Arden, a volatility trader at cryptocurrency asset manager Blofin, told CoinDesk in an email.
“The current performance of crypto assets is pretty horrible,” he added.
XRP rose more than 30% in the cryptocurrency market, with most stocks down over the past week.
Market analyst Santiment cited the spread of optimism among traders as a factor in the recent rise in XRP.
According to Santiment, trader optimism is spreading about the ongoing legal case between Ripple and the US Securities and Exchange Commission (SEC).
Algorand’s surge began after it recently announced that it had hired Michelle Quantagli as its new chief marketing officer, according to Cryptobriefing.
Quintagli’s experience at famous companies like Visa and Fidelity seems to have high expectations from investors.
Coinbase shares fell 6.95% to close at $62.94.
On the New York Stock Exchange, the Dow Jones fell 0.36%, the Nasdaq fell 1.37% and the S&P 500 fell 0.85%.
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