Crypto Prices Today July 8: Bitcoin Plummets To $55K, ETH, SOL, and XRP Tank 5%-8% đłđ„
The crypto prices today have regained a bearish market momentum after substantial gains witnessed in recent days. Bitcoin (BTC) cracked to rest at the $55K price mark, whereas Ethereum (ETH), Solana (SOL), XRP, and the broader market mirrored a waning price action.
The global crypto market cap saw a 5.19% plunge to $2.01 trillion today. However, the total crypto market volume increased 17.71% from yesterday to $64.19 billion, stirring a whirlpool of speculations.
Hereâs a brief report on some of the top cryptocurrencies and their price movements today, July 8.
Top Crypto Prices Today
Bitcoin Price
BTC price tanked 4.99% in the past 24 hours to rest at $55,122.17. The tokenâs 24-hour bottoms and highs were $54,321.02 and $57,971.83, respectively.
Bitcoinâs dominance saw a 0.07% jump to 53.85% today, underscoring the altcoin sectorâs sluggish performance. The flagship cryptoâs market cap rested at $1.09 trillion while writing.
Notably, amid this dip, Japanâs Metaplanet has bagged additional amounts of BTC, glimmering hope for future price movements
Ethereum Price
Meanwhile, the ETH price chart showed signs of a pullback, falling 5.62% to $2,880.37 today. Its 24-hour lows and tops were $2,826.48 and $3,051.20, respectively.
Itâs worth noting that the anticipation of bolstered price movements builds up as spot ETH ETFs remain poised to launch shortly.
Solana price
The crypto SOL saw a considerable 7.97% dip in value to $130.79. Solanaâs 24-hour lows and highs were $128.56 and $142.12, respectively, underscoring a highly volatile movement.
Crypto XRP Price
Simultaneously, the XRP price plunged 6.50% to $0.415 over the past day. Its 24-hour slumps and peaks were $0.4047 and $0.4448, respectively. đš
