News
Bitcoin Recovers to $64K While XRP Holds Above $0.6
Cryptocurrency prices today found themselves once again bearish after prolonged gains witnessed over the past few days. Bitcoin (BTC) price pulled back to trade at the $64K level. Major cryptocurrencies Ethereum (ETH) and Solana (SOL) followed suit. However, XRP showed resilience, managing to trade in the green zone despite the broader market trend.
The global cryptocurrency market cap saw a 1% decline to $2.37 trillion today. Additionally, the total cryptocurrency volume over the past day saw a 21.17% drop to $77.19 billion.
Here is a brief report on the top cryptocurrencies and its price movements today, July 18th.
Best Cryptocurrency Prices Today
Bitcoin Price
BTC price appears to have encountered volatility amid comparatively low inflows into the spot market Bitcoin ETFs. Data from Soso Value shows $53.35 million in inflows as of July 17, aligning with the token’s downward price trajectory.
BTC price stood at $64,813.21, down 1.33% over the past 24 hours. The token’s 24-hour lows and highs were recorded as $63,896.09 and $65,994.60, respectively.
Bitcoin dominance saw a decline of 0.13% and stood at 53.89% today. Furthermore, it is worth mentioning that continued inflows into spot BTC ETFs could pave the way for the next BTC bull run.
Ethereum Price
ETH price dropped 1.62% to $3,428.72, aligning with the broader market trend. The crypto’s 24-hour lows and highs were recorded as $3,379.10 and $3,515.54, respectively.
It is worth noting that the updated S-1 forms for the Ethereum ETF have been filed. However, Grayscale has reportedly set a hefty 2.5% fee for ETH ETFgenerating discussions among market participants.
Solana Price
The SOL price chart showed a 1.14% drop in value to hit $159.11 today. Solana’s 24-hour lows and highs were observed as $155.07 and $163.58, respectively.
XRP Price
XRP price, as mentioned above, illustrates remarkable resilience today, sustaining a break above its $0.6 resistance amid growth Ripple SEC liquidation speculations. The token was trading at $0.6085, up 2.64% over the last day. Its daily highs and lows were $0.5859 and $0.6366, respectively.
Read too: XRP Volume Surpasses Bitcoin on Upbit Amid Price Surge
DOGE and SHIB Prices
The meme coin sector mostly witnessed a trading session in the red zone. Dogecoin (DOGE) price dropped by 1.82% to hit $0.1233. Shiba Inu (SHIB) price dropped by 3.48% to hit $0.00001887. Even Pepe coin showed signs of retreat, falling by 4.82% to $0.00001187.
Top Cryptocurrency Gainers Today
Internet Computer Protocol (ICP) rose 6.08% to US$ 10.15.
Read DAO (LDO) the price rose 6.05% to $1.98.
THORChain (RUNE) the price rose 5% to $4.38.
Neo (NEO) the price rose 4.82% to $11.94.
Biggest Crypto Losers Today
Brett (BRETT)
the price fell 5.74% to $0.133.
Mog Coin (MOG) the price fell 5.57% to $0.000002077.
Akash Network (AKT) the price fell 4.67% to $3.58.
Manufacturer (MKR) the price fell 4.66% to $2,905.25.
However, hourly charts indicated an upward movement for BTC and ETH, up 0.22% and 0.16% respectively. Altcoins mirrored this upward price trajectory, generating investor optimism about cryptocurrency prices in the future.
Read too: Is the cryptocurrency market surge signaling the beginning of a bull run?