Bitcoin Drops Back to $57K, Major Altcoins Face Turbulence

Cryptocurrency prices have been mixed today, attracting investors’ attention. Bitcoin (BTC) has reported its recent gains at $57K, while Ethereum (ETH) and Solana (SOL) have fallen into the red zone, battling volatility. However, XRP has been trading in the green zone today, followed by Stack (STX) and Lido DAO (LDO), emerging as the biggest gainers of the day.

In addition, the global cryptocurrency market capitalization has seen a 0.56% decline, reaching $2.12 trillion today. In addition, the total cryptocurrency market volume yesterday has seen a slight decline of 1.49%, reaching $63.61 billion.

Here is a quick overview of some of the top cryptocurrencies and their price movements today, July 11.

Best Cryptocurrency Prices Today

Bitcoin Price

BTC Price It saw a 1.17% decline on the day, reaching $57,461. The 24-hour lows and highs were recorded at $57,093.71 and $59,359.43, underlining a highly volatile movement.

Despite the United States’ place Bitcoin ETFs Recording steady inflows, BTC’s sluggish movement has sparked investor concerns. Data from Soso Value shows that U.S. spot Bitcoin ETFs have seen $147.37 million in inflows as of July 10, in contrast to the token’s current price trajectory.

In addition, the market dominance of the leading cryptocurrency has decreased by 0.28%, standing at 53.47% today.

Ethereum Price

In the meantime, although ETH managed to hold above $3,000, the token’s price saw a 0.25% decline at press time, settling at $3,078.63. Ethereum’s 24-hour lows and highs were $3,055.95 and $3,148.41, respectively.

A recent report from CoinGape Media highlighted that the token faces significant resistance at the $3.2K level, although a bullish catalyst in the pipeline could reduce the pressure faced by Ethereal to this resistance.

Price Solana

While the SOL cryptocurrency witnessed a 1.50% decline, settling at $140.52 today. Solana’s 24-hour highs and lows were recorded at $139.47 and $145.85, respectively.

It is worth mentioning that despite the lack of a futures market, VanEck’s head of digital asset research has maintained a firm stance on the imminent launch of a ETF SOL.

XRP Price

On the other hand, the cryptocurrency supported by Ripple Labs jumped 0.58% today, settling at $0.4409. XRP

The 24-hour lows and highs were recorded at $0.4317 and $0.4429 respectively.

DOGE & SHIB Prices

Dogecoin (DOGE) price dropped by 1.11% to $0.1075 today, while Shiba Inu (SHIB) price dropped by 1.65% to $0.00001635.

Interestingly, the meme coins that defied the overall market trend and saw gains today were BabyDoge Coin, Mog Coin (MOG), and Book of Meme (BOME).

Cryptocurrency’s Biggest Earnings Today

Stacks (STX) price increased by 13.38% to $1.57.
Lido DAO (LDO) price increased by 6% to $1.64.
zkSync (ZK) price rose 5.59% to $0.1608
Ondo (ONDO) price rose by 5.25% to $0.9895.

Read also: Institutional FOMO on Spot Bitcoin ETF as German Government Continues BTC Sell-Off

Cryptocurrency’s Biggest Losers Today

Notcoin (NOT) price dropped by 7.18% to $0.01559.
Flare (FLR) price saw a 5.31% decline to $0.01855.
Celestia (TIA) price also dropped 5.08% to $6.91.
Ethereum Name Service (ENS) dropped 5% to $25.90.

However, the hourly charts show BTC and ETH gaining 0.46% and 0.39%, respectively. At the same time, the altcoin sector followed the upward movement during the same time frame, sparking discussions.

Read also: Terra Classic Staking Nears ATH as Developer Reveals Update, LUNC OI Increases 20%

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