Crypto Prices Today July 11: BTC Regains $58K, Ethereum Above $3,100
Highlights
- Bitcoin backtracks to rest at the $57K mark today.
- Ethereum struggled to gain a significant upside momentum.
- Altcoins mainly follow the broader market trend, although some tokens defied it.
The crypto prices today have bounced back, piquing significant investor attention. Bitcoin (BTC) reverted to rest at the $58K mark, while Ethereum (ETH) traded above the $3,100 price level. Solana (SOL) dipped into the red zone, battling volatility. However, XRP traded in the green zone today, followed by Stack (STX) and Lido DAO (LDO), surfacing as the day’s top gainers.
Besides, the global crypto market cap witnessed a 0.56% decline to reach $2.12 trillion today. Moreover, the total crypto market volume from yesterday saw a slight 1.49% decrease to $63.61 billion.
Here’s a quick overview of some of the top cryptocurrencies and their price movements today, July 11.
Top Crypto Prices Today
Bitcoin Price
BTC price experienced a 1.17% fall over the past day to reach $57,461. Its 24-hour bottoms and highs were recorded as $57,093.71 and $59,359.43, underscoring a highly volatile movement.
Despite the U.S. spot Bitcoin ETFs recording continued inflows, BTC showed a tumbled movement in the initial hours today. Data by Soso Value shows that the U.S. spot Bitcoin ETFs saw $147.37 million in inflows as of July 10, contrasting with the token’s current price trajectory.
Also, the flagship crypto’s market dominance saw a 0.28% decrease to 53.47% today.
However, as the day longed, Bitcoin saw a bounce back to the $58K price level, trading at $58,221.34.
Ethereum Price
Meanwhile, although ETH managed to hold firm above $3K, the token’s price saw a 0.25% dip at press time to $3,078.63. Ethereum’s 24-hour lows and highs were $3,055.95 and $3,148.41, respectively.
A recent report by CoinGape Media spotlighted that the token faces significant resistance at the $3.2K level, although a bullish catalyst in the pipeline might reduce the pressure faced by Ethereum at this resistance.
Nonetheless, ETH mimicked BTC as the day passed to reach $3,122.94.
Solana Price
Whereas, the crypto SOL witnessed a 1.50% decline to trade at $140.52 today. Solana’s 24-hour slumps and peaks were recorded as $139.47 and $145.85, respectively.
It’s worth mentioning that despite the lack of a futures market, VanEck’s Head of Digital Assets Research has maintained a strong stance on the imminent launch of a SOL ETF.
XRP Price
On the other hand, the Ripple Labs-backed crypto jumped 0.58% today to trade at $0.4409. XRP’s 24-hour lows and highs were recorded as $0.4317 and $0.4429, respectively.
DOGE & SHIB Prices
Dogecoin (DOGE) price dipped 1.11% to $0.1075 today, whereas Shiba Inu (SHIB) price slipped 1.65% to $0.00001635.
Intriguingly, the meme coins that defied the broader market trend to experience gains today were BabyDoge Coin, Mog Coin (MOG), and Book of Meme (BOME).
Top Crypto Gainers Today
Stacks (STX) price rallied 13.38% to $1.57.
Lido DAO (LDO) price surged 6% to $1.64.
zkSync (ZK) price soared 5.59% to $0.1608
Ondo (ONDO) price saw a 5.25% upswing to $0.9895.
Also Read: Institutional FOMO On Spot Bitcoin ETF As German Govt Continues BTC Sell-off
Top Crypto Losers Today
Notcoin (NOT) price plunged 7.18% to $0.01559.
Flare (FLR) price saw a pullback of 5.31% to $0.01855.
Celestia (TIA) price followed, slipping 5.08% to $6.91.
Ethereum Name Service (ENS) tumbled 5% to $25.90.
However, hourly time frame charts illustrate that BTC and ETH gained 0.46% and 0.39%, respectively. Simultaneously, the altcoin sector followed the upward movement during the same time frame, sparking discussions.
Also Read: Terra Classic Staking Nears ATH As Dev Reveals Update, LUNC OI Jumps 20%
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