Cryptocurrency prices remained largely stable on Sept. 23 as traders took a wait-and-see approach following last week’s Federal Reserve decision.
bitcoin (btc) rose to a multi-week high of $64,741 and then quickly retreated to $63,377, while ethereum (eth) rose to $2,680.
This price action mirrored that of the stock market, as major US indices such as the Dow Jones, Nasdaq 100 and S&P 500 showed little movement.
However, some popular cryptocurrencies continued to rise. Neiro (NEIRO), a widely known meme coin, rose to an all-time high of $0.0012, bringing its market cap to over $484 million. It has become the ninth-largest meme coin, surpassing the likes of Book of Meme, Cat in a Dog's World, and Mog Coin.
Immutable x (IMX), a popular layer-2 network for gaming and non-fungible tokens, soared to $1,9481, its highest level since June 4. It has risen for seven consecutive days, more than doubling its August low.
Immutable has gained popularity thanks to its growing popularity among game developers. Last week, Immortal Rising 2 was deployed on its zkEVM network, a major milestone as the game has thousands of players worldwide.
Other games recently released on the network include RavenQuest Phase 2, The Tree Verse, and Arise.
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These games have caused a surge in nft sales on Immutable. Data from CryptoSlam shows that total sales rose more than 16% to $3.4 million in the past seven days, led by Guild of Guardians Heroes, which saw sales rise 17%.
Arkham (ARKM) was another top-performing cryptocurrency, reaching a high of $1.42, its highest level since July 19. The token has gained popularity due to the extensive data available about its ecosystem.
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Arkham price has rebounded after forming a double bottom chart pattern on the daily chart. In technical analysis, this is one of the most bullish signals in the market. It has risen above its neckline at $1.40, indicating potential for further gains.
