The crypto market has sustained its marginal rally towards the middle of the week. However, there has been a mixed price movement among the coins as some of them are trading in the red zone while others are in green. CoinMarketCap data reveals that the global crypto market cap has added 0.06%, resting at $2.15 trillion which is slightly down from yesterday’s $2.16 trillion.
Notably, the total trading volume within this time has dropped by 7.17% to $59.05 billion, representing a significant reduction from the $65.79 billion recorded yesterday. Nevertheless, the sentiment surrounding the market looks to have gotten a tiny uptick, as Alternative data shows that the crypto fear and greed index rests at 29 points today, a one-point increase from the previous days’ 28. With this known, let us look at a summary of the top crypto prices for today.
Top Crypto Price Update
The largest cryptocurrency by trade volume, Bitcoin, has seen high volatility over the last 24 hours. According to CoinMarketCap data, the price of BTC is currently down 0.33%, trading at $58,451. Additionally, the trading volume over the last day has also dropped by 9.82% to $24.6 billion. Even though there have been a significant amount of funds pumped in through the Bitcoin ETF in the last 24 hours, the price of the asset still struggles to pick up the much-desired momentum to shoot its value above $60k.
Ethereum on the other hand, is trading in the green zone. The data shows that the ETH price is now $3,114, representing a 1.29% uptick. However, the 24-hour trading volume is taking the opposite direction, dropping by 1.02% to $13.8 billion. Coinfomania previously reported that there has been an increased whale movement in ETH, as major players in the industry, including Justin Sun, are accumulating substantial amounts of ETH ahead of the ETH ETF launch. As we patiently await the potential launch, it will be interesting to see how the price of ETH adjust in the coming days.
XRP is one of the coins seeing greens today. At the time of writing, the price of XRP is up by 1.09%, changing hands at $0.44. While investors are hoping for a rally that will shift the price of the coin above the coveted $0.5 mark, the reality of XRP has seen a consolidation around the $0.4 zone in the past weeks.
The price of Solana (SOL) has spiked by 0.49% to trade at $143.21 with a live market cap of $66.4 billion and a 24-hour trading volume of $1.7 billion, signifying a 17.25$% crash from the previous day.
Cardano (ADA) maintains its position as the top gainer among the top 10 cryptocurrencies by market cap. At the time of writing, the ADA price is enjoying a 3.01% increase, changing hands at $0.394.
For the altcoins, Dogecoin (DOGE) and Shiba Inu (SHIB) have only seen marginal gains within the recorded time. The price of DOGE has increased by 0.74% to $0.109 and the price of SHIB has increased by 0.20% to $0.00001664.
Top Trending Gainers Today
In this category, a few coins have come up the trending list. Some of them include Stacks (STX), Minu (MINU), and Ondo (ONDO). STX, a Bitcoin Layer for smart contracts, has surged by 11.86% to trade at $1.6, positioning itself as the 32-largest cryptocurrency with a live market cap of $2.45 billion.
MINU, the first mining dog coin on Binance Smart Chain, has seen gains of 6.69% to $0.0000003501. Simultaneously, its one-day trading volume has jumped by 22.78% to $1.4 million.
Lastly, ONDO, a cross-chain DeFi platform token, has witnessed a growth of 4.79%, changing hands at $1.01. In the last 24 hours, ONDO trading volume has dropped by 7.89% to $130.1 million with a live market cap of $1.4 billion.
