$TAO $WIF
Every single coin in the top 100 most valuable cryptocurrencies had negative dynamics. Bittensor has seen the largest loss in price over the last 24 hours, at -25.54 percent. For the week, dogwifhat saw the biggest drop, at -47.27%.

$ETH $SOL
Every single coin in the top ten most valuable cryptocurrencies dropped in value within the span of a day. Ethereum had the worst 24-hour loss at -21.23 percent, and Solana had the worst weekly loss at -31.7 percent.

ETH
$ETH Ethereum, the second most valuable cryptocurrency by market cap, also began the day on a downward trend. With a price of $2,290 per coin as of this writing

$BTC
According to TradingView, Bitcoin's (BTC) value fell at the beginning of the trading session. On the morning of August 5, the cryptocurrency was trading at $54,222.

$DOGE
Over the past week, the price of the widely used memecoin has dropped by about 14%. Investors are anticipating a quick turnaround, but IntoTheBlock's numbers don't back it up. According to the IOMAP indicator, which stands for "In/Out of Money Around Price," a selling frenzy is possible at the $0.11 mark.

Based on their entry points, or buy prices, in relation to the current price, the metric categorizes present asset holders. Those that are making money, those that are just breaking even, and those that are losing money are all highlighted.

Significant buy and sell zones can be identified using the resulting groups. One might anticipate that they will serve as levels of support or resistance. A stronger level is achieved when there are more addresses in a given price range.

$SOL $BNB $TON
The value of most altcoins fell as well. There was a 5% drop in Solana (SOL) and a 4.6% drop in Binance Coin (BNB). Toncoin (TON) experienced a considerably steeper drop, dropping 6.3% in the last day.

$ETH
Ethereum also experienced a decline, falling as low as $2911 at one point. The current holding price of the asset is $2987. The value of one Ethereum token has dropped 8.8 percent in the last seven days. According to CoinMarketCap, the asset is worth $359 billion.

$BTC
The value of the first cryptocurrency dropped below $61,000 between August 2 and 3, 2024, reaching a low of $60,505 at one point. As the content was being prepared, the asset marginally recovered some of its lost ground and increased to $61,850, as reported by TradingView.

The price of Bitcoin dropped 8.8 percent in the last seven days. The initial cryptocurrency has a market valuation of $1.22 trillion.

On the other hand, the crypto community appears to be abuzz about Obama's endorsement of Kamala Harris. The Kamala Horris memecoin has swiftly become an investment option for speculative traders. With a fully diluted valuation of over $31 million, the price of KAMA has reached $0.03116, a 30% increase from Friday's opening price, according to CoinGecko.

Among memecoins inspired by Trump, KAMA has performed better than MAGA and TREMP, which have seen increases of only 10%. Keep in mind that KAMA, similar to other meme coins, can be highly unpredictable and influenced by market mood, so investors should proceed with caution.

$KAMA

Render Token (RNDR) will be delisted from Tokenize Xchange on July 21 at 08:00 UTC.

The goal of the Render Token (or RNDR) project is to make 3D content rendering accessible to a wider audience. Users can contribute their computational resources to the platform's rendering processes and earn RNDR tokens, which are based on the Ethereum blockchain.

$RDNT

$ETH
Currently, the second most valuable cryptocurrency by market cap is trading at $3,368 per CoinGecko listing. There was a 4.9% gain in value over the last 24 hours, and a 15% gain over the last week.

Final approval of Form S-1 applications is currently being awaited by the crypto community. Issuers of spot Ethereum ETFs have been providing updates to them for the last several weeks.

$DADDY $TRWP $BTC
Daddy Tate (DADDY), the memecoin created by notorious influencer Andrew Tate, lost only 5.64 percent of its value as Bitcoin dropped to $53,500.

Real Nigger Tate (RNT), another male-dominated rapper, dropped more than 17% at the same time.

New token plans revealed by Andrew Tate

There are more than 50,000 DADDY holders, and the capitalization has surpassed $115 million, according to DEX Screenr. Tate promises that the amount will soon reach $1 billion, hinting at even more ambitious plans.

In addition, the influencer's education business is supporting an airdrop of the TRW token. According to Tate, the monthly profits of the company amount to around $20 million, and this sum is directly proportional to TRW's value.

$BTC  $TON $DOGE
Prices of the first cryptocurrency rose back up to $56,000 on Friday night, July 5. The asset has gained 4% in the previous day.

The "green zone" was entered by each of the top ten digital assets by market capitalization. In just one day, Toncoin (+14.5 percent), Dogecoin (+12.4 percent), and Solana (+8.2 percent) saw the most increased value.
Digital asset market capitalization is $2.18 trillion.

$BTC $DOGE

Pepe (PEPE), a widely used memcoin, saw a 36% decline in value over the previous seven days. Many long positions in the coin on the derivatives market were liquidated as a result of this.

When a trader's position is forcibly closed by the exchange to avoid additional losses, this is called a liquidation. A precipitous decline in price prompts the selling of long positions. If this happens, traders who were banking on price increases will have no choice but to sell their holdings.

$PEPE

In the past week, the value of Shiba Inu (SHIB) has dropped by 23%. Participants in the market have also seen a precipitous decline in demand for SHIB. This is demonstrated by the fact that the coin's accumulation/distribution indicator (A/D Line) has decreased. It assesses the forces of accumulation and distribution in the marketplace. When prices are falling, it means sellers are putting more pressure on the market.

The A/D line is currently worth 815.99 billion. There was an 86% drop from 6 trillion on July 1 to this week alone.

$SHIB

The value of Dogecoin, a prominent memecoin, has dropped by 24% in the last seven days. Levels not seen by DOGE since February have been reached. But the token's price dropped below the 20-day EMA on June 7 and has remained below it ever since.

The 20-day exponential moving average (EMA) shows how much a coin has averaged over the past 20 trading days. When prices fall below this level, it means sellers are starting to have more power than buyers. This indicates a rise in sales and the continuation of a downward trend.

$DOGE

There was a 14% drop in the price of XRP as well, and the altcoin even broke through the $0.45 support level. It seems that the asset's low point was $0.41, marking the peak of bearish sentiment.

This is evident from the fact that the RS has entered the oversold region. When selling stops due to excessive losses, the market is considered oversold, which means that a recovery is imminent.

$XRP

From $3,450 to $2,921 as of this writing, Ethereum's price has dropped 14% in the previous few days. ETH also fell below its intraday low of $2,800 after losing crucial support at $3,000.

Consequently, the cryptocurrency tossed aside all of its mid-May rally gains, as ETH solidified the falling wedge pattern. Although Ethereum is not anticipated to experience any additional declines, the altcoin is likely to experience fluctuations within the 23.6% and 38.2% Fibonacci levels.

$ETH

General market trends contributed to the precipitous decline in Bitcoin's price. In the last several days, the price of bitcoin has dropped from about $61,500 to about $54,500. The last time the cryptocurrency price fell below $55,000 was towards the end of February. If a double top forms, Bitcoin's price might drop to $50,980.

$BTC

$SOL  $ADA  $DOGE
During the day, every coin in the top ten most capitalized cryptocurrencies—excluding the stablecoin Tether—exhibited negative dynamics. At Solana, the biggest losses occurred (-11.09%). Throughout the week, only Cardano (+2.59%) demonstrated positive dynamics. When looking at losses over a seven-day period, Dogecoin (-6.53%) stands out.

$SOL $ADA $DOGE