NewsletterCrypto Prices Today July 31: Bitcoin Holds $66K, ETH Near $3,300, While XRP Pumps 8%
Highlights
- Bitcoin rests at the $66K level today.
- Altcoins mainly witness a trading session in the red zone, although XRP soars.
- A brief look into the day's top gainers and losers.
The crypto prices today have stirred a whirlpool of speculations as Bitcoin (BTC) maintained its hold at the $66K mark after briefly slipping to $65K level. Ethereum (ETH) continued a sluggish performance, resting near the $3.3K mark today. However, XRP saw unprecedented gains, defying the broader market trend.
Simultaneously, the global crypto market cap slipped 0.43% over the past day to reach $2.38 trillion. Further, the total crypto market volume noted a 23.78% decline in value from yesterday to rest at $62.84 billion.
Here’s a brief report on some of the leading cryptocurrencies by market cap and their price movements today, July 31.
Crypto Prices Today
Bitcoin Price
At press time, the BTC price chart illustrated a 0.74% dip in value and was trading at $66,072.70. Its 24-hour bottoms and peaks were registered as $65,323.19 and $66,987.67, respectively.
It’s worth noting that despite significant BTC buying by whales, the token has failed to gain upward momentum. Simultaneously, Bitcoin ETFs recorded $18.3 million in outflows, aligning with BTC’s current price movement.
Bitcoin’s dominance over the past day saw a slight 0.03% decrease to 54.87%. Also, it’s worth mentioning that BTC’s market cap stood at $1.3 trillion.
Notably, Fidelity launched a Bitcoin ETP on the London Stock Exchange, igniting investor enthusiasm.
Ethereum Price
The ETH price fell 0.86% over the past day to reach $3,293.36. Its 24-hour bottoms and tops were recorded as $3,235.76 and $3,365.32, respectively.
Although the coin has been performing quite sluggishly despite the ETF launch, recent reports spotlight that Ethereum’s post-ETF rally might even outshine Solana’s gains.
Moreover, it’s also worth noting that the Ethereum Foundation’s recent offloading spree might have impacted Ethereum’s price.
Solana Price
Solana witnessed a 0.88% dip in value, aligning with today’s broader market trend. SOL price rested at $180.92, with the coin’s 24-hour lows and highs being $176.02 and $184.18, respectively.
It’s worth noting that Franklin Templeton is now eyeing a potential SOL ETF as the next crypto ETF offering.
XRP Price
Meanwhile, the Ripple Labs-backed crypto surged phenomenally, gaining 8.04% to reach $0.6492, defying the broader market trend. XRP’s 24-hour lows and highs were recorded as $0.5973 and $0.6579, respectively.
DOGE & SHIB Prices
Dogecoin (DOGE) price saw a 3.08% decline in value to reach $0.1253, while Shiba Inu (SHIB) fell 2.32% to $0.00001634. Further, even Pepe coin, WIF, and BONK tanked 1%-5%, underscoring a bearish movement within the meme coin sector.
Crypto Gainers Today
XRP emerged as the top gainer today.
Stellar (XLM) price soared 5.92% to $0.1054.
Kaspa (KAS) price jumped 2.69% to $0.1965.
Aave (AAVE) price gained 2.43% to $106.88.
Also Read: Sam Altman’s OpenAI Reveals Major Update For ChatGPT Plus Users
Crypto Losers Today
Sei (SEI) price fell 7.40% to $0.3291 today.
Akash Network (AKT) price slipped 6.53% to $2.95.
Theta Network (THETA) price tumbled 6.23% to $1.40.
AIOZ Network (AIOZ) price was down 5.63% to $0.5995.
Besides, the hourly timeframe charts for BTC, ETH, SOL, and XRP illustrated a trading session in the red zone, igniting additional investor concerns over the crypto prices today.
Also Read: Ripple SEC Lawsuit: Lawyer Bets On Ruling Date In Remedies Phase
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