The crypto prices today have regained a bearish market momentum after substantial gains witnessed in recent days. Bitcoin (BTC) cracked to rest at the $55K price mark, whereas Ethereum (ETH), Solana (SOL), XRP, and the broader market mirrored a waning price action.
The global crypto market cap saw a 5.19% plunge to $2.01 trillion today. However, the total crypto market volume increased 17.71% from yesterday to $64.19 billion, stirring a whirlpool of speculations.
Here’s a brief report on some of the top cryptocurrencies and their price movements today, July 8.
Top Crypto Prices Today
Bitcoin Price
BTC price tanked 4.99% in the past 24 hours to rest at $55,122.17. The token’s 24-hour bottoms and highs were $54,321.02 and $57,971.83, respectively.
Bitcoin’s dominance saw a 0.07% jump to 53.85% today, underscoring the altcoin sector’s sluggish performance. The flagship crypto’s market cap rested at $1.09 trillion while writing.
Notably, amid this dip, Japan’s Metaplanet has bagged additional amounts of BTC
, glimmering hope for future price movements
Ethereum Price
Meanwhile, the ETH price chart showed signs of a pullback, falling 5.62% to $2,880.37 today. Its 24-hour lows and tops were $2,826.48 and $3,051.20, respectively.
It’s worth noting that the anticipation of bolstered price movements builds up as spot ETH ETFs remain poised to launch shortly. Moreover, Ethereum scarcity has also increased, with on-chain data illustrating ETH accumulations undermining that of BTC.
Solana Price
The crypto SOL saw a considerable 7.97% dip in value to $130.79. Solana’s 24-hour lows and highs were $128.56 and $142.12, respectively, underscoring a highly volatile movement.
Crypto XRP Price
Simultaneously, the XRP price plunged 6.50% to $0.415 over the past day. Its 24-hour slumps and peaks were $0.4047 and $0.4448, respectively.
DOGE & SHIB Prices
Dogecoin’s price saw an 8.75% fall to trade at $0.1021 today. Shiba Inu’s price dropped 8.70% to $0.00001547, aligning with the broader market trend.
Even the crypto PEPE, FLOKI, and BONK prices dipped 9%-14% at press time.
Intriguingly, this bearish market trend has made sure that there are no top gainers for the day. Meanwhile, the top losers are as follows.
Also Read: Peter Schiff Claims Bitcoin Whales Set Up ETF Investors As “Bag Holders”
Top Crypto Losers Today
Brett (BRETT) price slumped 15.36% to $0.1073.
Pepe coin (PEPE) price dipped 14% to $0.000008213.
dogwifhat (WIF) price fell 13.48% to $1.60.
Jupiter’s (JUP) price saw a 12.03% decline to $0.6793.
Further, hourly time frame charts indicated that BTC and ETH noted slight gains, with a majority of the tokens following this movement. Crypto market enthusiasts continue extensively eyeing the tokens for further price action shifts.
Also Read: 98% Of Altcoins Topped Market Cycle, Bitcoin In Transition: Andrew Kang
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