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Bitcoin returns to $64K while XRP holds above $0.6
Cryptocurrency prices have once again hit a bearish trend today after sustained gains over the past few days. Bitcoin (BTC) price has retraced its steps to trade at the $64K level. Major cryptocurrencies Ethereum (ETH) and Solana (SOL) have followed this downward movement. However, XRP has shown resilience, managing to trade in the green zone despite the broader market trend.
The global cryptocurrency market cap has seen a 1% decline to $2.37 trillion today. Additionally, the total cryptocurrency volume over the past day has seen a 21.17% decline to $77.19 billion.
Here’s a quick rundown on the top cryptocurrencies and their price movements today, July 18.
Best Cryptocurrency Prices Today
Bitcoin Price
BTC price appears to have encountered volatility against the backdrop of relatively low inflows into the spot market Bitcoin ETFsData from Soso Value shows inflows of $53.35 million as of July 17, in line with the token’s downward price trend.
BTC price stood at $64,813.21, down 1.33% over the past 24 hours. The token’s 24-hour lows and highs were recorded at $63,896.09 and $65,994.60, respectively.
Bitcoin dominance saw a 0.13% decline and stands at 53.89% today. Also, it is worth mentioning that the continued inflows into BTC spot ETFs could pave the way for the next BTC bull run.
Ethereum Price
ETH price dropped by 1.62% to $3,428.72, aligning with the broader market trend. The cryptocurrency’s 24-hour lows and highs were recorded at $3,379.10 and $3,515.54, respectively.
It is worth noting that updated S-1 forms have been filed for the Ethereum ETF. However, Grayscale has reportedly set a high fee of 2.5% for ETH ETFstriggering discussions among market participants.
Price Solana
The SOL price chart showed a 1.14% decline in value, reaching $159.11 today. Solana’s 24-hour lows and highs were $155.07 and $163.58, respectively.
XRP Price
XRP price, as mentioned earlier, is showing remarkable resilience today, holding a break above its $0.6 resistance amid the surge SEC ripple settlement speculation. The token traded at $0.6085, up 2.64% from the previous day. Its daily highs and lows were $0.5859 and $0.6366, respectively.
Read also: XRP Volume Outperforms Bitcoin on Upbit Amid Price Breakout
DOGE & SHIB Prices
The meme coin sector mostly witnessed a trading session in the red zone. Dogecoin (DOGE) price slid 1.82% to reach $0.1233. Shiba Inu (SHIB) price dropped 3.48% to reach $0.00001887. Pepe coin also showed signs of a pullback, falling 4.82% to $0.00001187.
Cryptocurrency’s Biggest Earnings Today
Internet Computer Protocol (ICP) rose 6.08% to $10.15.
Lido DAO (LDO) the price increased by 6.05% to $1.98.
THOR Chain (RUNE) The price increased by 5% to $4.38.
New (NEO) the price rose 4.82% to $11.94.
Cryptocurrency’s Biggest Losers Today
Brett (BRETT)
The price dropped by 5.74% to $0.133.
Mog Coin (MOG) The price dropped by 5.57% to $0.000002077.
Akash Network (AKT) the price rose 4.67% to $3.58.
Manufacturer (MKR) The price dropped 4.66% to $2,905.25.
However, the hourly charts indicated an upward move for BTC and ETH, up 0.22% and 0.16%, respectively. Altcoins mirrored this upward price trajectory, sparking investor optimism about the upcoming cryptocurrency prices.
Read also: Cryptocurrency Market Surge Indicates Start of Bull Phase?