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Bitcoin continues its downward trend, trading at around $57,000. Stay updated with the crypto market

The cryptocurrency market experienced mixed performance on July 12, 2024, with notable movements among the top digital assets. Here’s a detailed overview of the top cryptocurrencies by market capitalization.

1.  Bitcoin (BTC)

Price: $57,010.56

24-Hour Change: -1.26%

24-Hour Trading Volume: $26.95B

Market Cap: $1.12T

Category: Currency

Bitcoin, the leading cryptocurrency by market cap, experienced a slight decline of 1.26% in the past 24 hours. Despite the dip, Bitcoin continues to hold strong with a market cap of $1.12 trillion and significant trading activity, showcasing its resilience and continued dominance in the crypto market.

2.  Ethereum (ETH)

Price: $3,083.04

24-Hour Change: 0.02%

24-Hour Trading Volume: $14.99B

Market Cap: $370.62B

Category: Smart Contract Platform

Ethereum showed minimal movement, with a negligible increase of 0.02%. Its price remains steady at $3,083.04. Ethereum’s role as a primary smart contract platform keeps it at the forefront of decentralized applications and DeFi innovations, reflected in its substantial market cap of $370.62 billion.

3.  BNB (BNB)

Price: $520.81

24-Hour Change: -0.92%

24-Hour Trading Volume: $942.61M

Market Cap: $80.13B

Category: Smart Contract Platform

BNB, the native token of the Binance Smart Chain, saw a slight decrease of 0.92%. Trading at $520.81, BNB continues to be a key player in the smart contract ecosystem, with a significant market cap of $80.13 billion.

4.  Solana (SOL)

Price: $136.01

24-Hour Change: -3.22%

24-Hour Trading Volume: $1.93B

Market Cap: $62.94B

Category: Smart Contract Platform

Solana experienced a notable drop of 3.22%, bringing its price to $136.01. Despite the decline, Solana remains a formidable competitor in the smart contract space, boasting a market cap of $62.94 billion and substantial trading activity.

5.  XRP (XRP)

Price: $0.4513

24-Hour Change: 2.29%

24-Hour Trading Volume: $662.28M

Market Cap: $25.13B

Category: Currency

XRP saw a significant increase of 2.29%, bringing its price to $0.4513. With a market cap of $25.13 billion, XRP remains a prominent currency in the crypto market, continuing to attract investor interest and trading volume.

6.   Toncoin (TON)

Price: $7.32

24-Hour Change: 2.64%

24-Hour Trading Volume: $269.81M

Market Cap: $18.01B

Category: Smart Contract Platform

Toncoin experienced a notable rise of 2.64%, reaching a price of $7.32. With a market cap of $18.01 billion, Toncoin is making strides in the smart contract sector, gaining traction among developers and investors alike.

7.   Dogecoin (DOGE)

Price: $0.1062

24-Hour Change: -1.27%

24-Hour Trading Volume: $561.02M

Market Cap: $15.41B

Category: Currency

Dogecoin saw a slight decline of 1.27%, trading at $0.1062. Despite the drop, Dogecoin continues to be a popular choice for traders and investors, with a market cap of $15.41 billion.

8.  Cardano (ADA)

Price: $0.3981

24-Hour Change: 1.94%

24-Hour Trading Volume: $322.24M

Market Cap: $14.11B

Category: Smart Contract Platform

Cardano experienced a positive increase of 1.94%, bringing its price to $0.3981. With a market cap of $14.11 billion, Cardano remains a significant player in the smart contract landscape, continuing to innovate and expand its ecosystem.

9.  Tron (TRX)

Price: $0.1351

24-Hour Change: 1.72%

24-Hour Trading Volume: $350.65M

Market Cap: $11.78B

Category: Smart Contract Platform

Tron saw a positive movement of 1.72%, with its price rising to $0.1351. Its market cap stands at $11.78 billion, reflecting its ongoing relevance in the smart contract domain.

10.  Avalanche (AVAX)

Price: $25.28

24-Hour Change: -0.37%

24-Hour Trading Volume: $345.51M

Market Cap: $9.97B

Category: Smart Contract Platform

Avalanche experienced a slight decline of 0.37%, with its price settling at $25.28. Despite the decrease, Avalanche continues to be a robust smart contract platform with a market cap of $9.97 billion, supporting a wide range of decentralized applications.

Conclusion: The cryptocurrency market on July 12, 2024, showed a mix of gains and losses across various digital assets. Bitcoin and Ethereum maintained their positions as market leaders, while stablecoins like Tether and USD Coin provided stability.

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Shivaganesh is a creative content writer who crafts news articles, newsletters, webstories, and comprehensive blogs and excels in SEO skills. He specializes in writing about technological beats, including AI, Robotics, and Data Analytics. She excels at weaving engaging articles with a keen eye for detailing, making complex topics interesting for the readers.

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