Crypto Price Update July 17: BTC at $64K, ETH Above $3,400, Major Altcoins Rally

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The crypto prices today have continued with the momentum from yesterday. As a result, this signals a potential bull market that will lift the prices of coins to new heights. As investors begin to regain their confidence, interesting price movements and updates have been observed within the last day. Notably, positive sentiment has continued to loom across the market with the fear and greed index pointing to ‘greed’ at press time.

Bitcoin earlier reached a weekly high of $66k before retracting some of the accumulated gains. Along the same vein, Ethereum has maintained its position above the $3,400 mark amid the coming launch of the ETH ETF. Simultaneously, other major altcoins have seen healthy gains in one day consequently driving the total market value to $2.38 trillion, showing a 1.82% increase within the observed time. With this, let us have an overview of the top crypto prices today.

Top Crypto Price Update

The Bitcoin chart has shown an impressive price movement in the last 24 hours. The flagship cryptocurrency has gained 1.51% to trade at $64,923. This is interesting because the rally comes less than 24 hours after the defunct exchange Mt. Gox initiated another $9 billion BTC transfer that ignited fresh FUD. One factor that can be attributed to the sudden rise in value is the consistent ETF inflows. As of July 16, the spot Bitcoin ETF received about $422.67 million in inflows. Investors are beginning to eye the $70k mark as the rally continues.

Ethereum has turned the coming ETF launch into stimulus as its price continues to propel toward $3,500. The value of the coin has seen a 1.0% increase to $3,453. Intriguingly, ETH has maintained this path even though there have been significant whale transactions over the last day. Coinfomania previously reported that two Ethereum ICO-related wallets shifted more than 3,600 ETH in one day. However, these staggering transactions have not deterred the second-largest cryptocurrency by trade volume. Additionally, ETH has seen a 4.03% reduction in its 24-hour trading volume to $19.0 billion.

Other Altcoin Prices

As previously stated, other altcoins have joined in the rally. Solana (SOL), occupying the fifth-largest crypto position has seen a modest rise of 2.59% to trade at $160.91. Also, SOL has changed hands between the lows and highs of $154.64 and $163 respectively.

The Ripple-backed coin, XRP is placed as the top gainer today among the top cryptocurrencies. The price of XRP has an unprecedented surge of 14.35% to $0.624. The XRP community has been waiting for this price breakout after it consolidated around $0.4 for a long time. The exciting jump comes amid a 150 million XRP transfer by Ripple to an unknown wallet earlier today.

Meanwhile, Toncoin (TON) has dropped by 1.91% to $7.23. TON has seen lows and tops of $7.23 and $7.42 respectively. However, Binance Coin (BNB) has jumped by 1.08% to trade at $576.09. Over the last day, BNB has moved around $564 and $584 respectively.

Dogecoin (DOGE) and Shiba Inu (SHIB) have been in ascending patterns. Both coins have added 1.56% and 0.44% respectively to their values. While DOGE is changing hands at $0.124, SHIB is resting at $0.00001929.

Leading the memecoins, Dogecoin (DOGE) and Shiba Inu (SHIB) have shown ascending patterns. The two coins have gained 1.56% and 0.44% respectively. While Dogecoin is trading at $0.124, the beloved Shiba Inu is currently at $0.00001929.

Catsaidmeow (MEOW) surged by 70.50% to $0.001773

Worldcoin (WLD) moved up by 40.80% to $3.04

Fofar (FOFAR) pumped 17.50% to $0.00005963

Terra Classic (LUNC) climbed 16.89% to reach $0.00009252

Manta Network (MANTA) jumped 14.58% to rest at $1.01

io.net (iO) spiked by 12% to $2.78

The majority of the coins in the crypto market resumed the week starting July 15 in the green. While most of them have maintained the momentum after 72 hours, it will be interesting to see how the week will end.

The post Crypto Price Update July 17: BTC at $64K, ETH Above $3,400, Major Altcoins Rally appeared first on Coinfomania.