Ethereum
Bitcoin Slides to $65,000, ETH, SOL, XRP Drop
Cryptocurrency prices have sparked a wave of concern among investors across the market today. Bitcoin (BTC) price fell to a daily low of $65,000. Meanwhile, Ethereum (ETH), Solana (SOL), and XRP followed suit with bearish momentum.
The global cryptocurrency market capitalization saw a decline of 2.12% to $2.4 trillion today. However, the total cryptocurrency market volume saw a slight increase of 1.20% to $87.36 billion.
Below are some of the top-ranked cryptocurrencies by market cap and their price action today, July 23.
Cryptocurrency Prices Today
Bitcoin Price
The BTC price chart showed a 2.39% decline at press time to $65,986. Its 24-hour lows and highs were $65,484.33 and $67,549.73, respectively.
Bitcoin dominance stood at 54.30%, down 0.21% over the past day. This decline comes amid Mt. Gox BTC Refund to creditors.
In the meantime, BTC Review Pete Schiff, in light of the launch of the Ethereum ETF, hinted at the threat Bitcoin faces with investor funds relocating and focus shifting.
Ethereum Price
ETH price saw a 0.74% drop to trade at $3,449.01 despite the launch of ETH ETFs. This is in line with the overall trend in the cryptocurrency market.
In particular, spot Ether ETF Ethereum recorded $1.1 billion in volume on its first day. Additionally, Ethereum’s 24-hour lows and highs were recorded at $3,395.42 and $3,539.53, respectively.
Solana Price
SOL price saw a 2.85% decline at press time to trade at $174.34. Solana’s 24-hour low and high were $170.99 and $179.28, respectively.
The recent buzz around SOL remains the tokenized private credit fund recently launched by asset manager Hamilton Lane on the Solana Blockchain
.
XRP Price
At the same time, the price of XRP traded in the red, falling by 1.65% to $0.6042. The 24-hour lows and highs of the Ripple-backed asset were $0.5843 and $0.6166, respectively.
DOGE & SHIB Price
THE Meme Coins The sector has seen mostly bearish price action, with DOGE seeing a 4.97% decline at press time to hit $0.1311. Meanwhile, SHIB price has slipped 2.89% to $0.00001707.
Pepe coin continued to show signs of consolidation at the $0.000012 price level.
Read also : Spot Ethereum ETFs See $107 Million in First Day Inflows, Led by BlackRock
Top Cryptocurrency Gainers Today
Ethereum Name Service (ENS) The price rose 5.26% to $29.32.
Helium (HNT) The price rose 3.16% to $5.21 today.
A Cat in a Dog’s World (MEW) The price rose 3.15% to $0.00767.
Ethena (ENA) The price jumped 1.93% to $0.4571.
The Biggest Cryptocurrency Losers Today
Avalanche (AVAX) price corrected by 11.13% to $28.78.
Core (CORE)
The price fell 9.95% to $1.43.
Celestia (TIA) The price fell 9.78% to $6.44.
dYdX (DYDX) The price fell 8.05% to $1.30.
However, the hourly charts showed that BTC price gained 0.20%, trying to maintain a break above $66,000. Nevertheless, ETH, SOL, and XRP continued to trade in the red, fueling speculations about the cryptocurrency prices today.
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