Crypto Price Analysis 9-18: BITCOIN: BTC, ETHEREUM: ETH, SOLANA: SOL, INJECTIVE: INJ, FILECOIN: FIL
The cryptocurrency market has rallied after the Federal Reserve announced a 0.25 bps rate cut, as Bitcoin (BTC) and other cryptocurrencies trade in positive territory. However, altcoins have outperformed BTC over the past 24 hours, registering significantly larger gains. BTC rallied following the FOMC meeting, rising from $114,928 to an intraday high of $117,849 before moving to its current level of $117,010.
Meanwhile, Ethereum (ETH) crossed the $4,600 level, reaching an intraday high of $4,639 before dropping to its current level. The altcoin is up nearly 1% over the past 24 hours, trading around $4,566. Ripple (XRP) maintained its position above $3, with the price up 1.50%, trading around $3.06. Solana (SOL) is up over 3%, trading around $243, with buyers eying the $250 mark. Dogecoin (DOGE) is up over 3%, trading around $0.277, while Cardano (ADA) is up 2.56%, trading around $0.904. Chainlink (LINK), Stellar (XLM), Hedera (HBAR), Litecoin (LTC), Toncoin (TON), and...