Bitcoin Reverts To $57K, Top Altcoins Encounter Turbulence

Bitcoin Reverts To K, Top Altcoins Encounter Turbulence

The crypto prices today have carried an uncertain momentum, piquing significant investor attention. Bitcoin (BTC) reverted its recent gains to rest at the $57K mark, while Ethereum (ETH) and Solana (SOL) dipped into the red zone, battling volatility. However, XRP traded in the green zone today, followed by Stack (STX) and Lido DAO (LDO), surfacing as the day’s top gainers.

Besides, the global crypto market cap witnessed a 0.56% decline to reach $2.12 trillion today. Moreover, the total crypto market volume from yesterday saw a slight 1.49% decrease to $63.61 billion.

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

Top Crypto Prices Today

Bitcoin Price

BTC price experienced a 1.17% fall over the past day to reach $57,461. Its 24-hour bottoms and highs were recorded as $57,093.71 and $59,359.43, underscoring a highly volatile movement.

Despite the U.S. spot Bitcoin ETFs recording continued inflows, BTC’s tumbled movement has ignited investor concerns. Data by Soso Value shows that the U.S. spot Bitcoin ETFs saw $147.37 million in inflows as of July 10, contrasting with the token’s current price trajectory.

BTC Price July 11

Also, the flagship crypto’s market dominance saw a 0.28% decrease to 53.47% today.

Ethereum Price

Meanwhile, although ETH managed to hold firm above $3K, the token’s price saw a 0.25% dip at press time to $3,078.63. Ethereum’s 24-hour lows and highs were $3,055.95 and $3,148.41, respectively.

A recent report by CoinGape Media spotlighted that the token faces significant resistance at the $3.2K level, although a bullish catalyst in the pipeline might reduce the pressure faced by Ethereum at this resistance.

ETH Price July 11ETH Price July 11

Solana Price

Whereas, the crypto SOL witnessed a 1.50% decline to trade at $140.52 today. Solana’s 24-hour slumps and peaks were recorded as $139.47 and $145.85, respectively.

It’s worth mentioning that despite the lack of a futures market, VanEck’s Head of Digital Assets Research has maintained a strong stance on the imminent launch of a SOL ETF.

Crypto SOL price July 11Crypto SOL price July 11

XRP Price

On the other hand, the Ripple Labs-backed crypto jumped 0.58% today to trade at $0.4409. XRP’s 24-hour lows and highs were recorded as $0.4317 and $0.4429, respectively.

Crypto XRP price July 11Crypto XRP price July 11

DOGE & SHIB Prices

Dogecoin (DOGE) price dipped 1.11% to $0.1075 today, whereas Shiba Inu (SHIB) price slipped 1.65% to $0.00001635.

Intriguingly, the meme coins that defied the broader market trend to experience gains today were BabyDoge Coin, Mog Coin (MOG), and Book of Meme (BOME).

Top Crypto Gainers Today

Stacks (STX) price rallied 13.38% to $1.57.
Lido DAO (LDO) price surged 6% to $1.64.
zkSync (ZK) price soared 5.59% to $0.1608
Ondo (ONDO) price saw a 5.25% upswing to $0.9895.

Also Read: Institutional FOMO On Spot Bitcoin ETF As German Govt Continues BTC Sell-off

Top Crypto Losers Today

Notcoin (NOT) price plunged 7.18% to $0.01559.
Flare (FLR) price saw a pullback of 5.31% to $0.01855.
Celestia (TIA) price followed, slipping 5.08% to $6.91.
Ethereum Name Service (ENS) tumbled 5% to $25.90.

However, hourly time frame charts illustrate that BTC and ETH gained 0.46% and 0.39%, respectively. Simultaneously, the altcoin sector followed the upward movement during the same time frame, sparking discussions.

Also Read: Terra Classic Staking Nears ATH As Dev Reveals Update, LUNC OI Jumps 20%

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CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.

The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.



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About the Author: Daniel