Crypto News

Crypto Prices Today July 11: BTC Regains $58K, Ethereum Above $3,100

Crypto prices today: Bitcoin bounces back to $58K aligning with ETF inflows. Ethereum mimics this upturn while Solana face turbulency, aligning with the broader market trend.
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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.

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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).

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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

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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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CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.

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Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
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