Crypto Prices Today July 9: BTC Bounces Near $57K Propelling Crypto Market Rally
07/09/2024 11:31
The crypto prices today have gained a notable upside momentum, with BTC even touching the $58K mark briefly. Top altcoins have rallied in tandem, birthing market optimism.
Today’s crypto prices have bounced back considerably from a recent bearish trend. Bitcoin’s (BTC ) price has gained as high as the $58K mark over the past day, while top cryptos like Ethereum (ETH), Solana (SOL), and XRP imitated with an upward momentum.
The global crypto market cap saw a 3.13% increase to $2.08 trillion today. Meanwhile, the total crypto market volume surged 44.79% to $89.96 billion.
So, here’s an overview of some top cryptocurrencies and their price movements today, July 9.
Bitcoin Price
BTC price noted a 3.53% upswing in value from yesterday to trade at $56,895.42 at press time. The flagship crypto’s 24-hour lows and highs were $54,891.63 and $58,131.34, respectively.
Bitcoin’s market dominance saw a 0.43% decrease to 54.54% today, suggesting a potential shift towards the broader altcoin market. BTC’s market cap rested at $1.12 trillion.
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Ethereum Price
ETH price increased 5.90% over the past day to trade at $3,051.78. Its 24-hour lows and tops were recorded as $2,877.20 and $3,090.66, respectively.
In the wake of optimism birthed with the upcoming launch of ETH ETFs, Grayscale Investments recently announced the dates for the initial issuance and distribution of its new Grayscale Ethereum Mini Trust shares. Meanwhile, 21Shares filed an updated S-1 amendment form for a spot ETH ETF.
Solana Price
The crypto SOL saw a significant 6.92% increase over the past day to reach $140.06. Solana’s 24-hour bottoms and peaks were recorded as $130.07 and $141.63, respectively.
It’s worth mentioning that Cboe has filed 19b-4 forms for spot Solana ETF on behalf of 21Shares and VanEck, glimmering hope for future tokenomics.
XRP Price
The Ripple Labs-backed asset saw a 4.57% upswing in price to rest at $0.4334. XRP’s daily bottoms and peaks were recorded as $0.4142 and $0.4421, respectively.
DOGE & SHIB Prices
Dogecoin saw a 0.13% uptick in value to trade at $0.1081 today, whereas Shiba Inu experienced a 5.62% upsurge to $0.00001641.
BONK and PEPE surfaced among the top crypto gainers list, showing impressive gains.
Also Read: BONK Price Surges 10% As Treasury Proposes 84B Token Burn
Top Crypto Gainers Today
Celestia (TIA) price rallied 20.28% to $6.18.
Bonk (BONK) price surged 19.49% to $0.00002494.
Pepe coin (PEPE) pumped 13.08% to $0.000009383.
Ethena (ENA) price gained 12.62% to $0.4076.
Top Crypto Losers Today
JasmyCoin (JASMY) price fell 3.21% to $0.02279.
Avalanche (AVAX) price dipped 0.99% to $25.29.
Tether Gold (XAUt) price slipped 0.78% to $2,365.60.
Besides, hourly time frame charts illustrate that BTC and ETH have encountered hurdles, which could result in potential turbulency ahead.
Also Read: Solana Memecoin WATER Jumps 23% As Lionel Messi Boosts Awareness On Instagram
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