Crypto Price Update July 29: BTC at $69K, ETH Leads Major Altcoin Rally

Crypto Price Update July 29: BTC at $69K, ETH Leads Major Altcoin Rally

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The crypto prices today have continued in the bullish part, boosting investors’ confidence in the future outlook of the market. Notably, the majority of the coins in the market are in the green following in the steps of the flagship cryptocurrency, Bitcoin. Following the Bitcoin Conference in Nashville over the weekend, the entire crypto market has gained momentum as a result of several promises made by Donald Trump for the crypto community.

The price of Bitcoin has now shown a remarkable upward trend as it moves towards the $70k mark, while Ethereum is a little under $3,400. As a result, the investors’ sentiment surrounding the market continues to remain bullish as depicted in the crypto fear and greed index data. Notably, the total market cap has added 2.91%, presently at $2.48 trillion.

Top Crypto Prices Today

The price of Bitcoin (BTC) has shown highly volatile movements over the last month. It has gone as low as $53k and jumped as high as $69k. News like the Bitcoin Conference and a spike in whales’ accumulations continue to affect this pattern. At press time, Bitcoin traded at $69,658, signifying an impressive 2.77% upswing. Moreover, the one-day trading volume declined significantly by 33.68% to $24.1 billion. According to data from Soso Value, the total Bitcoin ETF inflow for July 26 is $351.66 million.

Source: CoinMarketCap

The ETH price has gathered momentum after a short period of downtrend. Investors have been closely watching to see the price trajectory of the coin following the launch of the spot ETH ETF in the U.S. Ethereum traded at $3,379 at the time of writing, signifying a 3.63% increase in the last 24 hours. Notably, Ethereum has seen lows and highs of $3,253.57 and $3,395 respectively.

Other Altcoin Prices

Solana has added 2.95% to its value to trade at $191.10. What is more, SOL had its bottoms and tops of $182.87 and $193 respectively. In the weekly chart, Solana still enjoys a 5.81% gain.

The price of the XRP token gained a marginal 0.92% to its value, resting at $0.6088. Interestingly, XRP has traded between $0.5979 and $0.6123 in one day.

The Binance Coin (BNB) price has increased by 1.98% to $593.18, maintaining a bottom and top range of $579.24 and $596. respectively. Also, Toncoin (TON) surged by 2.90% to $6.75. Its one-day lows and highs were $6.53 and $6.80.

The memecoins Dogecoin (DOGE) and Shiba Inu (SHIB) have increased over the last day. While DOGE saw a notable 1.98% gain, SHIB recorded an increase of 1.64%. Hence, DOGE and SHIB are now trading at $0.133 and $0.00001719 respectively.

QuarkChain (QKC) surged by 32.34% to $0.01069

AIOZ Network (AIOZ) climbed 28.31% to reach $0.6472

Book of MEME (BOME) gained 20.19% to $0.01058

Bitcoin Cash (BCH) moved up by 15.27% to $454.06

The crypto market begins the week with positive a movement. While the general outlook seems positive and investors’ confidence high, it will be interesting to see how long it will hold and what the market will look like at the end of the week.

The post Crypto Price Update July 29: BTC at $69K, ETH Leads Major Altcoin Rally appeared first on Coinfomania.

Recent conversions

90.000 ISK to NZD 38 ETH to CAD 0.04 SOL to BTC 0.1 ETH to EUR 0.72 ETH to AUD 0.0009 ETH to EUR 1.2 SOL to ETH 25 BTC to NZD 0.08 SOL to CZK 1 BTC to OMR 0.20 BTC to GBP