Crypto Prices Today July 12: BTC Fluxes Near 57K, Altcoins Display Mixed Signals

Coingapestaff
July 12, 2024
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Crypto Market Today (Mar 15): BTC Regains $84K; ETH, XRP, SOL Pump

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.

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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.

BTC Price July 12

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.

ETH Price July 12

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.

Crypto SOL price July 12

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.

Crypto XRP price July 12

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.

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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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Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal 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.

About Author
About Author
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.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.