Altcoins
BTC Approaches 57,000, Altcoins Show Mixed Signals
Cryptocurrency prices experienced some slight turbulence today, as also illustrated by the overall market trend. The global cryptocurrency market capitalization saw a decline of 0.49% over the past day, reaching $2.12 trillion. Simultaneously, Bitcoin (BTC) showed price fluctuations close to the $57,000 level.
However, Ethereum (ETH) managed to trade in the green despite a volatile move. Similarly, XRP held firmly above its $0.45 resistance. Conversely, Solana (SOL) traded dominantly in the red territory.
In addition, the global cryptocurrency The market volume saw a 9.62% increase to $68.66 billion. Here is a brief report on some of the major coins and their price movements today, July 12.
Best Cryptocurrency Prices Today
Bitcoin Price
THE BTC Price The token fell 0.58% at press time to trade at $57,069.93. The token’s 24-hour low and high were $56,561.06 and $59,387.38, respectively.
Bitcoin dominance has seen a 0.17% decline over the past day, to 53.27%. This turbulent trajectory comes despite continued inflows into the US spot market Bitcoin ETFSoso Value data shows inflows of $78.93 million as of July 11.
Ethereum Price
In the meantime, ETH Price Ethereum registered a 0.57% gain as it settled at $3,085.66. Ethereum’s 24-hour lows and highs were recorded at $3,058.66 and $3,208.94, respectively.
Despite the imminent launch of an ETH ETF, the token appears to be facing crucial resistance at the $3.2k price level.
Solana Price
SOL price fell 2.16% to $137.10 today. Solana’s 24-hour low and high were $134.20 and $145.33, respectively.
XRP Price
The Ripple-backed digital asset saw a massive 3% surge at press time to $0.452. XRP’s 24-hour lows and highs were $0.4396 and $0.4528, respectively.
Meme Coin Prices Drop
Dogecoin (DOGE) price slipped 0.21% to trade at $0.1061 today, while Shiba Inu (SHIB) price fell 1.18% to $0.00001613.
Additionally, the Pepe (PEPE) cryptocurrency also saw a 2.91% drop, reaching $0.000008813. Bonk emerged among the biggest losers of the day.
Top Cryptocurrency Gainers Today
MANTRA (OM) The price rose 9.25% to $1.07.
NEAR Protocol (NEAR) The price jumped 8.66% to $5.02.
Ar Weaving (AR) The price rose 7.30% to $24.39.
Creator (MKR) The price increased by 5.20% to $2,398.01.
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The Biggest Cryptocurrency Losers Today
Bonk (BONK) price corrected by 9.13% to $0.00002334.
Celestia Price (TIA) The price fell 7.62% to $6.33.
Rendering (RNDR) The price rose 6.69% to $5.96.
Brett (BRETT) The price fell 5.95% to $0.1113.
Notably, the hourly charts showed that BTC and ETH continued to struggle with market turbulence, sliding by around 0.50% together. The altcoin market continued to show mixed price actions during the same period. This suggests that cryptocurrency prices today could continue to illustrate a volatile move ahead.
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