Altcoins

Bitcoin Retraces to $64,000 While XRP Holds Above $0.6

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Cryptocurrency prices have once again been on a downtrend after prolonged gains seen in recent days. Bitcoin (BTC) price has pulled back to trade at the $64,000 level. Major cryptocurrencies Ethereum (ETH) and Solana (SOL) have followed suit. However, XRP has shown resilience, managing to trade in the green zone despite the overall market trend.

The global cryptocurrency market capitalization fell by 1% to $2.37 trillion today. Moreover, the total cryptocurrency volume over the past day saw a decline of 21.17% to $77.19 billion.

Here is a brief report on the top cryptocurrencies and their price movements today, July 18.

Best Cryptocurrency Prices Today

Bitcoin Price

BTC price appears to have encountered some volatility amid relatively low cash inflows Bitcoin ETFData from Soso Value shows inflows of $53.35 million as of July 17, which is in line with the downward trajectory of the token’s price.

The BTC price settled at $64,813.21, down 1.33% over the past 24 hours. The token’s 24-hour lows and highs were recorded at $63,896.09 and $65,994.60, respectively.

Bitcoin dominance has seen a 0.13% decline and stands at 53.89% today. Furthermore, it is worth mentioning that continued inflows into BTC spot ETFs could pave the way for the next BTC bull run.

Ethereum Price

ETH price fell 1.62% to $3,428.72, in line with the overall market trend. The cryptocurrency’s 24-hour lows and highs were recorded at $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 ETF ETHsparking discussions among market players.

Solana Price

The SOL price chart showed a 1.14% decrease in value to $159.11 today. Solana’s 24-hour low and high were noted at $155.07 and $163.58, respectively.

XRP Price

XRP price, as mentioned above, is showing remarkable resilience today, maintaining a break above its $0.6 resistance amid growth Ripple SEC speculations about the settlement. The token was trading at $0.6085, up 2.64% over the past day. Its daily lows and highs were $0.5859 and $0.6366, respectively.

Read also : XRP Volume Surpasses Bitcoin Surging Amid Price Breakout

DOGE & SHIB Price

The meme coin sector mostly saw a red zone trading session. Dogecoin (DOGE) price slipped 1.82% to $0.1233. Shiba Inu (SHIB) price dropped 3.48% to $0.00001887. Even Pepe coin showed signs of retreat, dropping 4.82% to $0.00001187.

Top Cryptocurrency Gainers Today

Internet Computer Protocol (ICP) rose 6.08% to $10.15.
Lido DAO (LDO) The price jumped 6.05% to $1.98.
Thor’s Chain (Rune) The price rose 5% to $4.38.
Neo (NEO) The price rose 4.82% to $11.94.

The Biggest Cryptocurrency 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 rose 4.67% to $3.58.
Creator (MKR) The price fell 4.66% to $2,905.25.

However, the hourly charts indicated a rise for BTC and ETH, up 0.22% and 0.16% respectively. Altcoins mirrored this upward price trajectory, sparking investor optimism about the upcoming cryptocurrency prices.

Read also : Does the surge in the cryptocurrency market indicate the start of a bullish trend?

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