Cryptocurrency market showed a generally positive trend today. Bitcoin (BTC) continued its upward trend, briefly surpassing the $62,000 level. Leading altcoins like Ethereum (ETH), Solana (SOL), Dogecoin (DOGE), and Shiba Inu (SHIB) gained between 0.3% and 3% in value.
BTC Price Movement
The global cryptocurrency market increased by 2.18% yesterday, reaching $2.29 trillion. However, the total cryptocurrency trading volume in the last 24 hours showed a significant decrease of 29.28%. BTC price increased by 1.01% in the last 24 hours, trading at $61,953.38. The 24-hour low and high values were recorded as $60,626.97 and $62,466.32, respectively. After a period of stagnant trading in recent days, this rise, attributed to macroeconomic factors and ETF launches, gained momentum following a $31 million inflow into BTC ETFs on June 25. Bitcoin’s market dominance increased to 53.42%, showing a 0.10% rise compared to yesterday.
SOL increased by 1.42%, reaching $138.35. Solana’s 24-hour low and high values were recorded as $133.57 and $140.21, respectively. XRP decreased by 0.71% in the last 24 hours, trading at $0.4753. The 24-hour low and high values were recorded as $0.4735 and $0.4795, respectively. XRP’s fluctuating movements were highlighted by large whale transfers monitored by Whale Alert.
Latest Status of Altcoins
ETH price increased by 0.42%, trading at $3,391.97. The token’s 24-hour low and high values were recorded as $3,346.79 and $3,424.58, respectively. Ethereum’s market value was recorded as $406.86 billion today. XRP decreased by 0.71% in the last 24 hours, trading at $0.4753. The 24-hour low and high values were recorded as $0.4735 and $0.4795, respectively. XRP’s fluctuating movements were highlighted by large whale transfers monitored by Whale Alert. DOGE price increased by 2.79%, rising to $0.1273 today. Shiba Inu (SHIB) increased by 1.83%, reaching $0.00001787. Additionally, Pepe coin (PEPE) and dogwifhat (WIF) were among the top gainers of the day.