On September 11, the crypto market demonstrated slight upward momentum, supported by gains from several altcoins. The global crypto market cap increased by 0.19%, reaching $3.94 trillion.
Top Gainers
Among the standout performers, Mantle (MNT) surged 9.94% to reach $1.62, with $740.7 million in trading activity. Following closely is Bittensor (TAO), which increased by 4.92%, trading at $357.38. Additionally, Sky (SKY) rose by 2.97%, while Dogecoin (DOGE) grew by 2.57%, trading at $0.2487 with a volume of $3.73 billion. Pendle (PENDLE) also showed strong performance, rising 2.37% to $4.97 on a trading volume of $113 million.
Losers and Market Trends
The most significant decline was seen by Four (FORM), which plunged 15.73% to $2.56. Worldcoin (WLD) also experienced a drop of 10.86%, falling to $1.67. Pyth Network (PYTH) fell by 7.50% to $0.1706, while XDC Network (XDC) declined by 7.28% to $0.0737. MYX Finance (MYX) recorded a loss of 6.09%, trading at $16.25.
Market Overview
The Altcoin Season Index rose to 67 out of 100, indicating better performance of altcoins compared to Bitcoin. The Fear and Greed Index remains neutral at 47, suggesting a balanced market mood. Bitcoin continues to dominate with a 57.4% market share, followed by Ethereum at 13.5%.
Recent market movements highlight the appeal of altcoins among investors, evidenced by increased trading volumes and crypto ETF inflows. The overall market activity remains significant, potentially signaling a positive investor sentiment in the near term.
