Market Overview
Today, the global crypto market cap fell by 1% to $2.37 trillion. The total trading volume in the crypto market over the past 24 hours decreased by 21.17% to $77.19 billion.
Top Cryptocurrency Prices
Bitcoin (BTC)
BTC experienced volatility due to relatively low inflows into spot Bitcoin ETFs. According to Soso Value, inflows amounted to $53.35 million as of July 17, correlating with Bitcoin’s declining price.
Current Price: $64,813.21
24-Hour Change: -1.33%
24-Hour Low/High: $63,896.09 / $65,994.60
Market Dominance: 53.89% (-0.13%)
Continued inflows into spot BTC ETFs could potentially trigger the next BTC bull run.
Ethereum (ETH)
ETH followed the broader market trend, dipping by 1.62%.
Current Price: $3,428.72
24-Hour Change: -1.62%
24-Hour Low/High: $3,379.10 / $3,515.54
Updated S-1 forms for the Ethereum ETF have been filed, with Grayscale proposing a 2.5% fee for the ETH ETF, sparking discussions among market participants.
Solana (SOL)
SOL saw a 1.14% decline.
Current Price: $159.11
24-Hour Change: -1.14%
24-Hour Low/High: $155.07 / $163.58
XRP
XRP displayed significant resilience, trading in the green despite the broader market’s downturn. Speculations around a Ripple SEC settlement continue to bolster its price.
Current Price: $0.6085
24-Hour Change: +2.64%
24-Hour Low/High: $0.5859 / $0.6366
The crypto market is experiencing a period of correction, but certain assets like XRP are showing strength amid broader declines. Bitcoin’s potential for a future bull run remains, contingent on continued ETF inflows.
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