Today’s cryptocurrency market sees Bitcoin experiencing a dip while XRP surges by 7.11%
Fluctuations and stability are witnessed by various assets in the cryptocurrency market on July 31, 2024. A detailed view of the major players and their performance at this point in time is given below:
1. Bitcoin (BTC)
Price: $65,654.08
Change: -1.48%
24h Trading Volume: $23.70 billion
Market Cap: $1.30 trillion
Category: Currency
Top cryptocurrency Bitcoin was trading lower by 1.48% at $65,654.08. Though it is lower today, Bitcoin’s market cap is well past $1.30 trillion and still continues to be the cornerstone holding the entire crypto market up. This movement comes as a part of wider price volatility witnessed in cryptos over the day.
2. Ethereum (ETH)
Price: $3,270.67
Change: -1.20%
24h Trading Volume: $12.73 billion
Market Cap: $393.30 billion
Category: Smart Contract Platform
The top smart contract platform, Ethereum, saw a tiny dip of 1.20% in the price to $3,270.67. Ethereum’s market cap is still very strong at $393.30 billion, indicating its role in the DeFi sector. The cryptocurrency prices for Ethereum show much significance in recent crypto news.
3. BNB (BNB)
Price: $582.61
Change: +1.74%
24h Trading Volume: $839.80 million
Market Cap: $85.00 billion
Category: Smart Contract Platform
The increase in the native token of Binance, BNB, was remarkably high at 1.74 percent and was trading at $582.61. In this way, the market capitalization of BNB, which is $85 billion, upticked and portrayed enhanced faith and utilization of the Binance ecosystem. This positive increase flashes like light amidst some darkening trends in the prevailing cryptocurrency prices.
4. Solana (SOL)
Price: $178.71
Change: -2.34%
24h Trading Volume: $1.93 billion
Market Cap: $82.70 billion
Category: Smart Contract Platform
Solana is down by 2.34% to its current price of $178.71. It has a market capitalization of $82.70 billion, and despite the plummet, it remains the most extensive smart contract platform. Mimicking the general trends in crypto prices.
5. XRP (XRP)
Price: $0.64143851
Change: +7.11%
24h Trading Volume: $662.28 million
Market Cap: $35.72 billion
XRP rose brilliantly by 7.11% to trade at $0.64143851. This growth is important since it shows strong development in the coin, which already has a large market capitalization of $35.72 billion. This is really an opposite move compared to most other prices and trends in cryptocurrencies today.
6. Dogecoin (DOGE)
Price: $0.12411821
Change: -3.90%
24h Trading Volume: $671.17 million
Market Cap: $18.04 billion
Category: Currency
On the day, Dogecoin slid by 3.90% to $0.12411821, though its market cap of $18.04bn does reflect further usage and interest in its community. This adds to the dynamic in crypto prices these days.
7. Toncoin (TON)
Price: $6.72
Change: +1.52%
24h Trading Volume: $269.81 million
Market Cap: $16.52 billion
Category: Smart Contract
Toncoin improved by 1.52% to trade at $6.72, with a market capitalization of $16.52 billion, making its role and adoption grow in the smart contract ecosystem. It is part of the most optimistic trend of the price of digital currencies for the day.
8. Cardano (ADA)
Price: $0.40034154
Change: – 0.70%
24 Hour Trading Volume: $295.81 million
Market Cap: $14.25 billion
Cardano posted a slight 0.70% decline with the price at $0.40034154. While this was a small drop, Cardano still holds the first position regarding market cap, which is calculated at $14.25 billion. This decline, of course, forms part of the broader trends in cryptocurrency prices.
9. Tron (TRX)
Price: $0.13126989
Change: -4.61%
24h Trading Volume: $352.33 million
Market Cap: $11.44 billion
Category: Smart Contract Platform
Tron had fallen by 4.61% to trade at $0.13126989. The decline casts light on the volatility within the smart contract platform sector, while Tron’s market cap stands at $11.44 billion. This is part of the current declines across the entire crypto price board.
10. Avalanche (AVAX)
Price: $25.88
Change: -4.77%
24h Trading Volume: $260.75 million
Market Cap: $10.22 billion
Category: Smart Contract Platform
Avalanche fell 4.77% to $25.88, but it remains important with a market capitalization of $10.22 billion on account of its central role in Smart Contracts. This is part of a more massive movement where cryptos are bleeding.
Conclusion
On July 31st, 2024, the crypto status stands at profit and loss made by the biggest market cap digital currencies. Bitcoin and Ethereum inch down slightly but are at the top. Meanwhile, XRP leaves others way behind with a very strong uptick, suggestive of going with sustained positive sentiment. Watch these trends to understand the major changes in cryptocurrency prices and stay updated on the latest crypto news.
