Markets
BTC surpasses $68,000, SOL surpasses BNB
Cryptocurrency prices today fueled considerable optimism with the trading session mostly in the green zone. Bitcoin maintained its gains to stay firmly above the $67K mark, while Solana (SOL) stole the market’s attention, surpassing BNB to secure the 4th spot in terms of market cap rankings. Meanwhile, Ethereum (ETH) continued to face turbulence despite the spot launch of the ETH ETF, noting slight gains. However, XRP defied the broader market trend.
The global cryptocurrency market cap rose 0.84% to $2.42 trillion today. However, the total cryptocurrency market volume saw a 25.42% decline from yesterday to $62.62 billion.
Here is a collection of some of the top cryptocurrencies by market cap and their price action today, July 27.
Cryptocurrency prices today
Bitcoin Price
The BTC price chart showed gains of 1.15% today, with the coin hitting $67,880.89. Bitcoin’s 24-hour lows and highs were recorded at $66,858.35 and $68,207.60, respectively.
Michael Saylor’s recent preview of BTC Price to $13 million by 2045 has further stirred up the cryptocurrency city. Meanwhile, the flagship cryptocurrency is set to see further purchases in the coming days, as revealed by Semler Scientific’s plans to purchase additional Bitcoin with sale of shares.
Today, Bitcoin dominance stood at 55.46%, a slight increase of 0.04% compared to yesterday.
Nonetheless, the leading cryptocurrency saw a notable surge on the day, reaching $68,000 and $68,380.85.
Ethereum Price
Meanwhile, ETH price increased by 0.40% over the previous day to settle at $3,248.56. Ethereum’s 24-hour lows and highs were recorded at $3,223.99 and $3,285.76, respectively.
Cryptocurrency market participants have long been waiting for a surge in price action from the second-largest cryptocurrency by market cap following the launch of its ETF. A recent ETH Price Analysis from CoinGape Media shows that the coin is currently mirroring the trend of BTC’s post-ETF crash and that a potential bull run is looming.
However, it is worth mentioning that ETF ETH
recorded outflows of $341 million, which could prevent the cryptocurrency from making a substantial upward move.
Price Solana
SOL price has shown a remarkable bullish action, gaining 4.05% to reach $182.74 today. Solana’s 24-hour lows and highs were recorded at $175.62 and $184.12, respectively.
Also, it is worth mentioning that SOL has surpassed BNB today to stop at 4th place in the ranking based on market capitalization. This is a Solana ETFs VanEck’s recent gains in the midst of this rally have drawn further attention to the cryptocurrency.
XRP Price
On the contrary, XRP price saw a 1.29% decline to $0.5978 today. The 24-hour lows and highs of the Ripple-backed asset were recorded at $0.5875 and $0.6085, respectively.
DOGE & SHIB Prices
The meme coin sector has mirrored the broader market sentiment, noting significant gains. DOGE price has risen 4.58% in the past 24 hours to trade at $0.1346. SHIB price has risen 2.35% to settle at $0.00001715 today.
At the same time, Pepe coin also gained 1.14%, reaching $0.00001194.
Read also: Bitcoin Price to Reach $13 Million, Predicts Michael Saylor Amid BTC Rally
Cryptocurrency Winners Today
Conflux (CFX) price increased by 14.81% to $0.1742.
eCash (XEC) price rose by 11.35% to $0.0000381.
Popcat (POPCAT) price increased by 9.26% to $0.953.
Filecoin (FIL) price increased by 7.72% to $4.61.
Cryptocurrency Losers Today
Flow (FLOW) price dropped 3.67% to $0.6651.
Monero (XMR) price dropped by 3.47% to $162.46.
SATS (1000SATS) price dropped by 3.39% to $0.0003232.
Maker (MKR) price dropped 2.74% to $2,634.
Furthermore, the hourly charts showed continued upside for BTC, ETH, and SOL, while XRP also gained momentum, generating optimism about cryptocurrency prices today.
Read also: Anthony Scaramucci Clarifies Political Debate Over Cryptocurrencies