The cryptocurrency market experienced a rebound today, with Bitcoin (BTC) regaining the $54K level. Ethereum (ETH), Solana (SOL), and XRP also posted gains, trading in the green. The global crypto market cap increased by 1.28% to $1.93 trillion, although the total market volume saw a significant decrease of 56.43% to $42.88 billion.

Major Cryptocurrency Updates

Bitcoin's price rose nearly 1% to $54,318, with a daily low of $53,799.05 and a high of $54,838.15. Bitcoin ETFs saw a substantial outflow of $706.19 million for the week ending September 6, the largest since their inception. Ethereum gained 2% to $2,281, with weekly outflows of $91.04 million from its ETFs. Solana’s price increased by 2% to $128, while XRP rose 1% to $0.5275.

Top Gainers and Losers

Dogecoin (DOGE) surged nearly 6% to $0.09609, while Shiba Inu (SHIB) increased by 1% to $0.00001293. SATS, Quant (QNT), and Gala (GALA) led the gainers with rises of 9%, 8%, and 8%, respectively. On the downside, Litecoin (LTC) dropped 3% to $61.76, DOGS fell 1.5% to $0.001017, and Helium (HNT) declined 0.6% to $7.99. Hourly charts showed minor gains for BTC and ETH, suggesting ongoing optimism.