NewsletterCrypto Prices Today July 24: Bitcoin Sprints Past $66K, ETH, SOl, & XRP Mimic Pump
Highlights
- Bitcoin price fluxes at near the $66K level after slipping to a $65K level low.
- Ethereum price traded sluggishly despite the launch of ETH ETFs.
- Altcoins mainly mimicked the downside movement in tandem with the broader market trend.
The crypto prices today have regained an upward movement after showcasing a trading session in the red zone during the early hours. Bitcoin (BTC) price reattained a hold above the $66K mark. Meanwhile, Solana (SOL), and XRP have followed an upside momentum. However, Ethereum (ETH) continued trading sideways.
The global crypto market cap saw a 0.88% increase to $2.43 trillion today. However, the total crypto market volume witnessed a decrease of 18% to 74.76 billion.
Below are some of the highest-ranking cryptocurrencies by market cap and their price performance today, July 23.
Crypto Prices Today
Bitcoin Price
The BTC price chart showed a 2.39% dip at press time to reach $65,986. Its 24-hour lows and highs were $65,484.33 and $67,549.73, respectively.
Bitcoin’s dominance stood at 54.30%, a decline of 0.21% over the past day. This waning movement comes against the backdrop of Mt. Gox’ BTC repayment to creditors.
Meanwhile, BTC critic Pete Schiff, in light of the Ethereum ETF launch, hinted at the threat Bitcoin faces with investors’ relocation of funds and shift of focus.
However, as the day longed, BTC price regained an upside movement to trade at $66,607.
Ethereum Price
The ETH price saw a 0.74% decrease in value to trade at $3,449.01 despite the launch of ETH ETFs. This comes in alignment with the broader crypto market trend.
Notably, spot Ether ETFs recorded a $1.1 billion volume on the first day. Also, Ethereum’s 24-hour lows and peaks were recorded as $3,395.42 and $3,539.53, respectively.
Solana Price
The SOL price experienced a 2.85% dip at press time to trade at $174.34. Solana’s 24-hour bottoms and peaks were $170.99 and $179.28, respectively.
The recent buzz around SOL remains the asset manager Hamilton Lane’s recently launched tokenized private credit fund on the Solana blockchain.
However, even SOL gained as the day passed, gaining 2.08% to $177.50.
XRP Price
Simultaneously, the XRP price traded in the red, dipping 1.65% to $0.6042. The Ripple-backed asset’s 24-hour bottoms and peaks were $0.5843 and $0.6166, respectively.
XRP price rose 6% over the day to reach $0.6281.
DOGE & SHIB Prices
The meme coins sector mainly witnessed a bearish price action, with DOGE noting a pullback of 4.97% at press time to reach $0.1311. Meanwhile, SHIB price slipped 2.89% to $0.00001707.
Pepe coin continued illustrating signs of a consolidation at the $0.000012 price level.
Also Read: Spot Ethereum ETFs Register $107 Million Inflows on First Day, BlackRock Leads
Top Crypto Gainers Today
Ethereum Name Service (ENS) price saw a 5.26% upswing to $29.32.
Helium (HNT) price soared 3.16% to $5.21 today.
cat in a dogs world (MEW) price soared 3.15% to $0.00767.
Ethena (ENA) price jumped 1.93% to $0.4571.
Top Crypto Losers Today
Avalanche (AVAX) price corrected 11.13% to $28.78.
Core (CORE) price tanked 9.95% to $1.43.
Celestia (TIA) price dipped 9.78% to $6.44.
dYdX (DYDX) price fell 8.05% to $1.30.
Further, the hourly time frame charts illustrated that BTC price gained 0.20%, trying to reach the $67K level. Also, SOL, and XRP continued to follow the pumping action, fueling optimism on the crypto prices today.
Also Read: Is OpenAI Dominance Under Threat With New Meta Llama Model?
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