Altcoins
Bitcoin Returns to $57,000, Major Altcoins Face Turmoil
Cryptocurrency prices saw uncertain momentum today, drawing investors’ attention. Bitcoin (BTC) reversed its recent gains to hover around $57,000, while Ethereum (ETH) and Solana (SOL) fell into the red zone, struggling with volatility. However, XRP traded in the green zone today, followed by Stack (STX) and Lido DAO (LDO), emerging as the biggest gainers of the day.
Additionally, the global cryptocurrency market cap saw a decline of 0.56% to $2.12 trillion today. Additionally, yesterday’s total cryptocurrency market volume saw a slight decline of 1.49% to $63.61 billion.
Here’s a quick look at some of the major cryptocurrencies and their price movements today, July 11.
Best Cryptocurrency Prices Today
Bitcoin Price
BTC Price The stock price fell by 1.17% over the past day to $57,461. Its 24-hour lows and highs were recorded at $57,093.71 and $59,359.43, highlighting a highly volatile move.
Despite the American spot Bitcoin ETF With continued inflows, BTC’s downward movement has raised concerns among investors. Data from Soso Value shows that U.S. spot Bitcoin ETFs have seen $147.37 million in inflows as of July 10, which is in contrast to the token’s current price trajectory.
Additionally, the market dominance of the flagship cryptocurrency saw a decline of 0.28% to 53.47% today.
Ethereum Price
Meanwhile, although ETH The token managed to hold above $3,000, but its price fell 0.25% at press time to $3,078.63. Ethereum’s 24-hour lows and highs were $3,055.95 and $3,148.41, respectively.
A recent report from CoinGape Media highlighted that the token is facing significant resistance at the $3.2k level, although a bullish catalyst in the pipeline could ease the pressure it faces. Ethereum to this resistance.
Solana Price
While the SOL crypto saw a 1.50% drop to trade at $140.52 today, Solana’s 24-hour lows and highs were recorded at $139.47 and $145.85, respectively.
It is worth mentioning that despite the absence of a futures market, VanEck’s head of digital asset research has maintained a firm stance on the imminent launch of one SOL Exchange Traded Fund.
XRP Price
On the other hand, the Ripple Labs-backed cryptocurrency jumped 0.58% today to trade at $0.4409. XRP
The 24-hour lows and highs were recorded at $0.4317 and $0.4429, respectively.
DOGE & SHIB Price
Dogecoin (DOGE) price fell 1.11% to $0.1075 today, while Shiba Inu (SHIB) price slid 1.65% to $0.00001635.
Interestingly, the meme coins that defied the general market trend and saw gains today were BabyDoge Coin, Mog Coin (MOG), and Book of Meme (BOME).
Top Cryptocurrency Gainers Today
Stacks (STX) price increased by 13.38% to $1.57.
Lido DAO (LDO) price jumped 6% to $1.64.
zkSync (ZK) price climbed 5.59% to $0.1608
Ondo (ONDO) price increased by 5.25% to $0.9895.
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The Biggest Cryptocurrency Losers Today
Notcoin (NOT) price fell 7.18% to $0.01559.
Flare (FLR) price declined by 5.31% to $0.01855.
Celestia (TIA) price followed, sliding 5.08% to $6.91.
Ethereum Name Service (ENS) fell 5% to $25.90.
However, the hourly charts show that BTC and ETH gained 0.46% and 0.39% respectively. Simultaneously, the altcoin sector followed the upward movement during the same period, sparking discussions.
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