NewsletterCrypto Prices Today July 25: BTC Backtracks To $64K, Ethereum To $3,100
Highlights
- Bitcoin sparks investor concerns with its fall to $64K.
- Ethereum mimics a downtrend despite the recent launch of ETH ETFs.
- The broader crypto market saw a waning price action today.
The crypto prices today have ignited severe investor concerns across the broader market. While Bitcoin (BTC) price tumbled to the $64K level today, altcoins have embarked upon a considerable bearish momentum. Notably, Ethereum (ETH) slipped to the $3,100 price level today despite the recent ETH ETF launch.
Simultaneously, the global crypto market cap saw a 0.98% decrease in value to $2.37 trillion. Further, the total crypto volume over the past day witnessed a 23.24% decline in value to $67.38 billion.
Here’s a collection of some of the largest cryptocurrencies by market cap and their price action today, July 25.
Crypto Prices Today
Bitcoin Price
The BTC price fell 2.80% in the past 24 hours to reach $64,070.65. Its 24-hour bottoms and tops were recorded as $63,985.91 and $67,113.98, respectively.
This waning price action comes in tandem with Mt Gox’s repayment to creditors. Notably, Mt Gox has compensated nearly 17000 creditors with BTC transfers to date.
Besides, data by Soso Value contrastingly indicated $44.51 million inflows in Bitcoin ETFs as of July 24.
Also, Bitcoin’s dominance increased by 0.28% and rested at 54.54%, hinting at the altcoin market’s bearish movement.
Ethereum Price
Meanwhile, the ETH price showed signs of a pullback, slipping 7.88% to $3,175.44 today. Ethereum’s 24-hour bottoms and tops were recorded as $3,160.37 and $3,473.00, respectively.
It’s worth mentioning that Hashdex filed S-1 for a combined BTC & ETH exchange-traded fund recently. Also, ETH’s waning price action today comes in alignment with $133 million outflows in Ether ETFs.
The BlackRock Ethereum ETF wallet received 76,669 ETH from Coinbase, adding a layer of intrigue among market participants.
Solana price (SOL)
The SOL price chart showed a 2% dip in value to reach $170.48, aligning with the broader market trend. Solana’s 24-hour lows and highs were $169.14 and $182.36, respectively.
Solana whales staked nearly $41 million worth of SOL in the past two days as the coin inched closer to a 50% breakout rally. However, today’s drop has ignited serious market concerns.
XRP price
The XRP price mimicked a waning price movement after a dominant trading session in the green territory. The crypto traded at $0.6012, down slightly by 0.13% over the past day. Its 24-hour lows and highs were recorded as $0.5975 and $0.6322, respectively.
DOGE & SHIB Prices
Similarly, the meme coin sector also experienced a considerable bearish movement. Dogecoin (DOGE) price fell 4.93% over the past day and is currently trading at $0.1231. Simultaneously, Shiba Inu (SHIB) plunged 4.18% to reach 0.00001611.
Even Pepe coin fell 4.43% to trade at $0.00001168 today.
Also Read: XRP News: Whales Moving Millions On Massive Activity In Derivatives Market
Crypto Gainers Today
Flow (FLOW) price soared 3.84% to $0.6257.
UNUS SED LEO (LEO) price witnessed a 1.73% increase to $5.90.
Crypto Losers Today
Mog Coin (MOG) price dipped 12.62% to $0.000001715.
Lido DAO (LDO) price fell 11.66% to $1.54.
Brett (BRETT) price slipped 11% to $0.1177 today.
Celestia (TIA) price decreased by 10.42% to reach $5.75.
Besides, the hourly time frame charts illustrated highly turbulent movement for a majority of the coins, stirring speculations on the crypto prices today.
Also Read: Ripple CEO Brad Garlinghouse Defends Kamala Harris Amid Crypto Backlash
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