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Crypto Prices Today July 6: Bitcoin Hits $56K Amid Institutional Interest
#memecoins #Altcoins #CryptoMarketToday $WIF $OM $ETH

Market Overview:

The global crypto market cap increased by 2.79% to $2.06 trillion.

Total market volume rose by 4.83% to $109.33 billion.

Bitcoin (BTC):

Price: $56,369.52 (+1.90% in 24 hours)

Daily low: $53,717.38 | High: $56,979.02

Institutional interest indicated by $143.1 million inflows into U.S. spot Bitcoin ETFs.

Market dominance: 53.87% (down 0.62%)

Ethereum (ETH):

Price: $2,973 (+2.12% in 24 hours)

Daily low: $2,957.40 | High: $3,023.58

Market cap: $357.61 billionVolatility noted, with institutions favoring Bitcoin and Solana.

Solana (SOL) & XRP:

Solana: $134.77 (+9.14%)

Daily low: $122.42 | High: $137.53XRP: $0.428 (+8.15%)

Daily low: $0.3948 | High: $0.4314

Meme Coins:

Dogecoin (DOGE): $0.1067 (+11.81%)

Shiba Inu (SHIB): $0.00001508 (+14.69%)

Other meme coins like PEPE, FLOKI, and BONK rose by 9%-16%.

Dogwifhat (WIF): Among top gainers.

Top Gainers:

Akash Network (AKT): $3.35 (+26.92%)

Dogwifhat (WIF): $1.93 (+26.17%)

MANTRA (OM): $0.8321 (+22.87%)

MultiversX (EGLD): $33.33 (+18.29%)

Top Losers:

UNUS SED LEO (LEO): $5.69 (-1%)

Core (CORE): $0.8873 (-0.23%)

Conclusion:

Bitcoin and Ethereum show slight dips on hourly charts, indicating some volatility.

Altcoins continue to rise, reducing Bitcoin's market dominance.