Ethereum
BTC drops to $64,000, Ethereum to $3,100
Cryptocurrency prices have been causing serious concerns among investors across the market. While Bitcoin (BTC) price dropped to $64,000 today, altcoins have started a significant bearish momentum. In particular, Ethereum (ETH) has slipped to $3,100 today despite the recent launch of the ETH ETF.
At the same time, the global cryptocurrency market capitalization saw a decline of 0.98% to $2.37 trillion. Moreover, the total volume of cryptocurrencies over the last day saw a decline of 23.24% to $67.38 billion.
Here is a collection of some of the largest cryptocurrencies by market cap and their price action today, July 25.
Cryptocurrency Prices Today
Bitcoin Price
The price of BTC has dropped by 2.80% over the past 24 hours to $64,070.65. Its 24-hour lows and highs were recorded at $63,985.91 and $67,113.98, respectively.
This price drop is accompanied by the reimbursement by Mt Gox of its creditors. In particular, Mt Gox has compensated nearly 17,000 creditors with BTC Transfers nowadays.
In addition, Soso Value data indicates inflows of $44.51 million Bitcoin ETF
as of July 24.
Additionally, Bitcoin dominance increased by 0.28% and remained at 54.54%, hinting at the bearish movement in the altcoin market.
Source: CoinMarketCap
Ethereum Price
Meanwhile, ETH price showed signs of retreat, dropping 7.88% to $3,175.44 today. Ethereum’s 24-hour lows and highs were recorded at $3,160.37 and $3,473.00, respectively.
It is worth mentioning that Hashdex filed an S-1 for a combination Bitcoin and ETH
exchange-traded fund recently. Additionally, ETH’s price drop today aligns with outflows of $133 million Ether ETF.
THE BlackRock Ethereum ETF The wallet received 76,669 ETH from Coinbase, adding a layer of intrigue among market participants.
Solana (SOL) Price
The SOL price chart showed a 2% decline in value to $170.48, in line with the overall market trend. Solana’s 24-hour low and high were $169.14 and $182.36, respectively.
Solana Whales Investors have staked nearly $41 million worth of SOL over the past two days as the cryptocurrency neared a 50% rally. However, today’s drop has sparked serious concerns in the market.
XRP Price
THE XRP Price The cryptocurrency’s price mimicked a downward price move after a dominant trading session in the green territory. The cryptocurrency was trading at $0.6012, down slightly by 0.13% over the past day. Its 24-hour lows and highs were recorded at $0.5975 and $0.6322, respectively.
DOGE & SHIB Price
Similarly, the meme coin sector has also seen a considerable bearish movement. The price of Dogecoin (DOGE) has dropped by 4.93% over the past day and is currently trading at $0.1231. Simultaneously, Shiba Inu (SHIB) has plunged by 4.18% to $0.00001611.
Even Pepe coin fell 4.43% to trade at $0.00001168 today.
Read also : XRP News: Whales Move Millions Amid Massive Activity in Derivatives Market
Today’s Cryptocurrency Winners
Flow (FLOW) price climbed 3.84% to $0.6257.
The price of UNUS SED LEO (LEO) increased by 1.73% to $5.90.
Crypto Losers Today
Mog Coin (MOG) price fell 12.62% to $0.000001715.
Lido DAO (LDO) price fell 11.66% to $1.54.
Brett (BRETT) price fell 11% to $0.1177 today.
Celestia (TIA) price decreased by 10.42% to $5.75.
Additionally, the hourly charts illustrated a very choppy move for the majority of coins, sparking speculations about cryptocurrency prices today.
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