Highlights
The crypto prices today have mainly taken a significant bearish direction, keeping traders and investors on edge. Bitcoin’s (BTC) price stooped as low as the $58K mark in the past 24 hours, while top altcoins Ethereum (ETH), Solana (SOL), and XRP mirrored this downtrend.
The global crypto market cap plunged by 3.94% to rest at $2.18 trillion today. However, the total crypto market volume saw a substantial 59.38% increase in value to $85.75 billion.
So, let’s take a look at some of the top cryptocurrencies and their price action for today, July 4.
BTC price experienced a 3.03% dip in the past 24 hours to trade at $59,064.44. The token’s 24-hour lows and tops were $58,067.63 and $61,079.38, respectively.
Bitcoin’s dominance over the past day saw a 0.28% increase to 53.43%, underscoring an altcoin market fading movement. Simultaneously, BTC’s market cap rested at $1.16 trillion.
It’s worth mentioning that the German govt once again dumped a colossal amount of Bitcoin, stirring speculations over price movements. Also, Bitcoin ETFs recorded net outflows of $20.45 million, as per July 3 data.
The ETH price slipped 3.44% over the past day and is now resting at $3,240.11. The crypto’s 24-hour bottoms and tops were $3,182.73 and $3,366.48, respectively.
Meanwhile, the crypto SOL saw an 8.31% dip in value to $136.67. Its 24-hour lows and highs were $134.05 and $149.33, respectively.
Similarly, the XRP price dipped 4.33% to trade at $0.4588. Its 24-hour lows and tops were recorded to be $0.4527 and $0.4842, respectively.
Despite Ripple strengthening its case with a notice of Supplemental Authority, XRP is yet to see a significant upside momentum.
Dogecoin (DOGE) price saw a pullback, falling 5,40% to $0.1153. Shiba Inu (SHIB) followed, dropping 5.82% to $0.00001594.
Simultaneously, Pepe coin showed signs of a correction over the past day and is trading at $0.000009744.
Also Read: Bitwise Files Amended S-1 for Ethereum ETF Ahead of Launch Deadline
Worldcoin (WLD) price soared 6.03% to $2.32.
Bittensor (TAO) price gained 1.83% to $234.98.
Akash Network (AKT) price corrected 12.26% to $3.28.
Conflux (CFX) price followed, dipping 11.81% to $0.1498.
Fantom (FTM) price tumbled 11.19% to $0.4933.
Beam (BEAM) price fell 10.88% to $0.01587.
Besides, hourly time frame charts for BTC and ETH illustrated a continued movement in the bearish territory. However, SOL and XRP traded in the green during the same duration.
Also Read: Democrat Ro Khanna Seeks to Prevent the Trump Takeover of $2 Trillion Crypto Industry
Strategy, previously MicroStrategy, has made its seventh consecutive weekly Bitcoin purchase. This comes amid the…
$200 billion Texas Teachers Retirement Fund has revealed Bitcoin exposure worth millions. The pension fund…
Crypto experts have predicted that the Dogecoin price could hit new highs. These projections come…
Pi Network has confirmed that its blockchain is undergoing a phased upgrade to protocol version…
Following a successful upside last week, the crypto market is seeing some selling pressure ahead…
Hyperliquid’s USDH stablecoin is set to launch in the market in the coming days. This…