BTC and AI coins weak ahead of US PCE, TON tokens rise

Crypto prices today (August 29): The crypto market remains weak today, although it also prevented further downward momentum. Bitcoin price (BTC) held the $59,000 mark, while Ethereum (ETH), Solana (SOL), and XRP traded in both the red and green zones.

Interestingly, the TON ecosystem tokens saw significant gains following the release of Telegram CEO Pavel Durov from prison. However, it is worth noting that the AI ​​coins remained weak despite Nvidia's beaten earnings. The upcoming US PCE data, scheduled to be released on Friday, has added excitement among market participants.

Meanwhile, the global cryptocurrency market cap saw a slight increase in value of 0.05% to $2.09 trillion. However, the total market volume decreased by 2.72% to $84.29 billion. Here is a quick report on some of the top cryptocurrencies by market cap and their price movements today.

Crypto prices today (August 29)

Bitcoin price today

BTC price was trading at $59,171 at press time, down almost 1% in value over the past 24 hours. The coin's intraday lows and highs were recorded at $57,890.68 and $60,236.45, respectively. BTC's dominance was at 56.01%, down 0.25% on the day.

This volatility is in line with spot Bitcoin ETFs, which saw outflows of $105.19 million as of August 28. Ark & 21 Shares (ARKB) led the pack with outflows of $59.27 million, according to data from Soso Value.

Meanwhile, Bitcoin miner Vortex Brands recently began purchasing shares in MicroStrategy (MSTR), sparking further discussion among market participants.

Ethereum price today

ETH price, on the other hand, rose by almost 2% over the past day to trade at $2,523. Its 24-hour lows and highs are $2,431.56 and $2,553.82, respectively.

Notably, the upside comes with inflows of $5.84 million into spot Ethereum ETFs. BlackRock leads the pack with inflows of $8.40 million.

Solana price today

The value of the SOL cryptocurrency fell by 3% to $143.65 today. The intraday lows and highs were $140.97 and $148.69, respectively.

It is worth mentioning that Binance recently launched Spot Grid and Spot DCA trading bots for the SOL/EUR pair.

XRP price today

Meanwhile, XRP price rose by 0.3% in the last 24 hours to trade at $0.5709. The 24-hour lows and highs of the Ripple-backed coin were $0.5582 and $0.5843, respectively.

DOGE & SHIB Prices

In the meme coin sector, the Dogecoin (DOGE) price recorded a 1% increase in value today to trade at $0.1006. Furthermore, the Shiba Inu (SHIB) price rose by 0.7% to trade at $0.00001395.

Meanwhile, Pepe Coin (PEPE), dogwifhat (WIF) and FLOKI fell by 0.5 to 1 percent, following the general market movement.

The biggest crypto winners today

DOGS

TON-based DOGS price rose 19% to $0.00149 today. Its 24-hour lows and highs were $0.001219 and $0.001644, respectively.

Toncoin (TON)

Toncoin price rose 5% to $5.57. The coin’s intraday lows and highs were $5.29 and $5.89, respectively.

Immutable (IMX)

IMX price rose 5% to $1.45 today. Its intraday lows and highs were $1.35 and $1.47, respectively.

The biggest crypto losers today

Stack (STX)

STX price has plummeted 10% over the past day and is currently trading at $1.39. The 24-hour lows and highs are $1.55 and $1.77, respectively.

ORDER

ORDI price rose by 9% in the past day to trade at $27.05. The coin's 24-hour lows and highs are $26.11 and $30.03, respectively.

Bitter substance (TAO)

The price of AI coin TAO fell 8% over the past day to $295.52. The 24-hour lows and highs were $292.81 and $325.62, respectively.

Additionally, the hourly charts sparked uncertain sentiments regarding crypto prices today. BTC gained 0.04% while ETH declined 0.05%.

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Coingape Staff

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Disclaimer: The content presented may contain the personal opinion of the author and is subject to market conditions. Conduct market research before investing in cryptocurrencies. The author or publication assumes no responsibility for your personal financial loss.