The cryptocurrency market today saw Bitcoin (BTC) steady at around $66,000 after briefly dipping to $65,000.
(ETH) also showed a sluggish performance, hovering near $3,300. In contrast, XRP surged by 8%, standing out against the broader market's downtrend.
The global crypto market cap decreased by 0.43% to $2.38 trillion, with a 23.78% decline in trading volume to $62.84 billion.
Crypto Prices Overview for July 31
Bitcoin (BTC): BTC experienced a slight drop of 0.74%, trading at $66,072.70. The 24-hour range for BTC was between $65,323.19 and $66,987.67.
Despite significant buying by large holders, Bitcoin failed to gain upward momentum, coinciding with $18.3 million in outflows from Bitcoin ETFs.
BTC experienced a slight drop of 0.74%, trading at $66,072.70. The 24-hour range for BTC was between $65,323.19 and $66,987.67.
Despite significant buying by large holders, Bitcoin failed to gain upward momentum, coinciding with $18.3 million in outflows from Bitcoin ETFs.
Ethereum (ETH):
ETH saw a 0.86% decrease, with its price at $3,293.36. The day's trading range was between $3,235.76 and $3,365.32.
There's anticipation for a potential Ethereum rally post-ETF launch.
Solana (SOL):
SOL dropped by 0.88%, trading at $180.92, with a 24-hour range of $176.02 to $184.18. Interest is growing in a potential SOL ETF.
XRP:
XRP defied the market trend with an 8.04% increase, reaching $0.6492. Its daily range was between $0.5973 and $0.6579.
Meme Coins:
Dogecoin (DOGE) and Shiba Inu (SHIB) both experienced declines, with DOGE down 3.08% to $0.1253 and SHIB down 2.32% to $0.00001634.
Other meme coins like Pepe, WIF, and BONK also saw losses.
Top Gainers and Losers
Gainers:
- Stellar (XLM) rose by 5.92% to $0.1054.
- Kaspa (KAS) increased by 2.69% to $0.1965.
- Aave (AAVE) climbed 2.43% to $106.88.
Losers:
- Sei (SEI) dropped 7.40% to $0.3291.
- Akash Network (AKT) fell 6.53% to $2.95.
- Theta Network (THETA) declined by 6.23% to $1.40.
- AIOZ Network (AIOZ) was down 5.63% to $0.5995.
The market's current movements reflect a cautious sentiment among investors, with some altcoins and meme coins experiencing notable losses.
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