Crypto Market Update: September 5, 2023

Dogecoin captured people’s interest as a result of a recently published biography about Musk as well as its possible function on the X platform. The value of Toncoin skyrocketed due to tokens from a Telegram bot. XRP’s ongoing legal disputes with the SEC and Coinbase could have far-reaching implications for the status of other cryptocurrencies. Despite experiencing selling pressure, Solana remains popular.

Australian legislators rejected a cryptocurrency bill presented by Andrew Bragg. There was quite a commotion in the cryptocurrency community when a mysterious Shiba Inu whale moved a massive number of tokens after the revival of the project’s layer 2 scaling solution, known as Shibarium.

Bitcoin Price Today

The live Bitcoin price today is $25,789 USD, with a 24-hour trading volume of $18,286,064,710 USD. The global crypto market is down 2.58% in the last 24 hours.