NewsletterCrypto Prices Today July 12: BTC Fluxes Near 57K, Altcoins Display Mixed Signals
Highlights
- The crypto prices today have embarked upon mixed price actions.
- While BTC & SOL, among many others, showed volatility, Ethereum, XRP, and some altcoins have traded in the green zone.
- Further volatility may be expected as the day longs as hourly time frame charts underscore the presence of turbulence.
The crypto prices today have encountered slight turbulency, as also illustrated by the broader market trend. The global crypto market cap saw a 0.49% decline over the past day to $2.12 trillion. Simultaneously, Bitcoin (BTC) showcased price fluctuations near the $57K level.
However, Ethereum (ETH) managed to trade in the green despite a volatile movement. Similarly, XRP held firm above its resistance of $0.45. Conversely, Solana (SOL) traded dominantly in red territory.
Besides, the global cryptocurrency market volume witnessed a 9.62% increase to $68.66 billion. Here’s a brief report on some of the top coins and their price run today, July 12.
Top Crypto Prices Today
Bitcoin Price
The BTC price dipped 0.58% at press time to trade at $57,069.93. The token’s 24-hour lows and highs were $56,561.06 and $59,387.38, respectively.
Bitcoin’s dominance witnessed a 0.17% decrease over the past day to 53.27%. This turbulent trajectory comes despite continued inflows in the U.S. Spot Bitcoin ETFs. Data by Soso Value shows $78.93 million inflows as of July 11.
However, the German Government has continued dumping, with its Bitcoin holdings now evaluating to slightly above 9K BTC. It’s worth mentioning that further dumps by the govt. may cause the flagship crypto to take the heat.
Ethereum Price
Meanwhile, ETH price saw a 0.57% increase while writing to rest at $3,085.66. Ethereum’s 24-hour lows and highs were recorded as $3,058.66 and $3,208.94, respectively.
Despite the looming launch of an ETH ETF, the token appears to be facing crucial resistance at the $3.2K price level.
Solana Price
The SOL price saw a 2.16% drop in value to reach $137.10 today. Solana’s 24-hour bottoms and tops were $134.20 and $145.33, respectively.
XRP Price
The Ripple-backed digital asset saw a considerable 3% upswing at press time to sit at $0.452. XRP’s 24-hour lows and peaks were $0.4396 and $0.4528, respectively.
Meme Coins’ Prices Tank
Dogecoin’s (DOGE) price slipped 0.21% to trade at $0.1061 today, whereas Shiba Inu’s (SHIB) price tumbled 1.18% to reach $0.00001613.
Further, even Pepe coin (PEPE) saw a 2.91% dip, reaching $0.000008813. Bonk emerged among the day’s top losers.
Top Crypto Gainers Today
MANTRA (OM) price rallied 9.25% to $1.07.
NEAR Protocol (NEAR) price surged 8.66% to $5.02.
Arweave (AR) price saw a 7.30% upswing to $24.39.
Maker (MKR) price pumped by 5.20% to $2,398.01.
Also Read: Suspicious Justin Sun Bitcoin (BTC) Bet Flagged By CryptoQuant Founder
Top Crypto Losers Today
Bonk (BONK) price corrected 9.13% to $0.00002334.
Celestia price (TIA) price tanked 7.62% to $6.33.
Render (RNDR) price cracked 6.69% to $5.96.
Brett (BRETT) price witnessed a pullback of 5.95% to $0.1113.
Notably, hourly time frame charts illustrated that BTC and ETH continued to battle market turbulency, slipping roughly 0.50% together. The altcoin market has continued to display mixed price actions during the same time frame. This hints that the crypto prices today could continue illustrating a volatile movement ahead.
Also Read: Spot Bitcoin ETF Exempted As Options Trading Opens For Inverse Funds
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