Cryptocurrency prices remained mostly flat on September 23 as traders adopted a cautious approach following the recent Federal Reserve decision.

Bitcoin and Ethereum Price Movement

Bitcoin rose to a multi-week high of $64,741 before pulling back to $63,377. Ethereum also saw a rise, reaching $2,680. This price behavior mirrored that of the stock market, with major U.S. indices like the Dow Jones, Nasdaq 100, and S&P 500 showing little movement.

Notable Cryptocurrency Performers

Neiro’s Surge

Despite the overall market stagnation, some popular cryptocurrencies continued to rally. Neiro, a well-known meme coin, surged to a record high of $0.0012, bringing its market cap to over $484 million. It has become the ninth-largest meme coin, surpassing others like Book of Meme, Cat in a Dog’s World, and Mog Coin.

Immutable X Gains

Immutable X, a prominent layer-2 network for gaming and non-fungible tokens (NFTs), soared to $1.9481, its highest level since June 4. The token has risen for seven consecutive days, more than doubling from its August low. The rise in Immutable X is attributed to its growing popularity among game developers. Recently, Immortal Rising 2 was deployed on its zkEVM network, marking a significant milestone as the game has thousands of players globally.

Other newly launched games on the network include RavenQuest Phase 2, The Tree Verse, and Arise. These additions have led to an increase in NFT sales on Immutable. Data shows that total sales rose by over 16% to $3.4 million in the past seven days, led by Guild of Guardians Heroes, whose sales jumped by 17%.

Arkham’s Performance

Another top-performing cryptocurrency was Arkham, which rose to a high of $1.42, its highest level since July 19. The token has gained popularity due to the extensive data available on its ecosystem. Arkham’s price rebounded after forming a double-bottom chart pattern on the daily chart, a bullish sign in technical analysis. It has risen above its neckline at $1.40, indicating potential for further gains.

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