Highlights
The crypto prices today have ignited considerable investor optimism, regaining a bullish movement. Bitcoin (BTC) price soared to trade at the $67K level, whereas the highest-ranking altcoins by market cap followed with a rising momentum. The global crypto market cap witnessed a 2.85% increase in value to rest at $2.38 trillion today. Further, the total crypto market volume over the past day saw a 9.50% increase to $83.84 billion.
Here’s an overview of some of the most renowned cryptocurrencies and their price action today, July 26.
The BTC price chart showed a remarkable 4.63% increase in value to reach $67,150.11 today. The flagship crypto’s 24-hour bottoms and tops were recorded as $63,473.47 and $67,445.57, respectively.
The rising price action comes against the backdrop of BTC miner Marathon Digital‘s massive $100 million worth of BTC purchase. Moreover, data by Spotonchain today revealed a smart whale’s colossal 1,147 BTC accumulation, hinting that the crypto might be poised for further gains.
Meanwhile, Bitcoin’s dominance saw a 0.51% rise in value to $55.40% today. Further, BTC futures OI jumped 3.65%, accompanied by an 8.54% increase in the derivatives volume, hinting at a market uptrend for the coin.
Intriguingly, Senator Cynthia Lummis teasing a potential Bitcoin bill during the Nashville conference has further echoed a buzz surrounding the flagship crypto.
The ETH price chart illustrated gains worth 2.40% to trade at $3,237.14 today. Ethereum’s 24-hour lows and highs were recorded as $3,088.76 and $3,259.14, respectively.
It’s worth mentioning that Grayscale ETH ETF (ETHE) outflows surged past $1.1 billion in three days after the ETF launch. On the other hand, BlackRock Ethereum ETF wallet received over 76K ETH from Coinbase, leveling up its AUM.
Moreover, amid the recent selling pressure encountered by ETH in light of the ETF, an Ethereum Foundation wallet revived after years of dormancy to transfer 92,500 coins, worth a whopping $294.9 million, sparking further discussions among investors.
The SOL price action illustrated a 3.59% rise in value to reach $176.10 today. Solana’s 24-hour lows and tops were recorded as $165.93 and $176.68 respectively.
Besides, it’s worth mentioning that the hot trend of the Solana ecosystem, celebrity tokens, have seen a roughly 90% drop from their peak value amid recent market volatility.
Over the past day, the crypto XRP showcased signs of consolidation near the $0.60 level. XRP price rested at $0.605, a slight decrease of 0.12% from yesterday. The crypto’s 24-hour slumps and peaks were $0.5869 and $0.6238, respectively.
DOGE price witnessed a 5.22% increase in value to trade at $0.1288 today. Further, the Shiba Inu meme coin saw a 4.64% increase to $0.00001683.
In the interim, Pepe coin gained 0.51% to $0.0000118.
Also Read: Crypto Regulation: Major Tax Reform Bill Submitted to US Senate
SATS (1000SATS) price rallied 24.53% to $0.0003376.
Pyth Network (PYTH) price surged 15.32% to $0.3832.
Popcat (POPCAT) price pumped 12.95% to $0.866.
Helium (HNT) price gained 11.52% to $5.21.
UNUS LED SEO (LEO) price dipped 2.45% to $5.75.
MANTRA (OM) price slipped 1.57% to $1.20.
EOS (EOS) price waned 1.12% to $0.5667.
Render (RENDER) price slipped 0.40% to $6.71.
However, the hourly time frame charts illustrated that BTC, ETH, SOL, and XRP encountered turbulence. This indicates that a volatile movement might be expected in the crypto prices today as the day longs.
Also Read: Peter Schiff Calls Out Trump For Endorsing Bitcoin
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