Bitcoin Stuck Below $30K, Ether Trades Above $1800
By Kapil Rajyaguru
With just three days remaining in July, bitcoin (BTC) and ether (ETH) are poised to finish in negative territory for the month. Over the most recent seven days, bitcoin and ether fell -1.59% and -0.81%, respectively, very much in line with what has been a range-bound trading environment for the entire month.
The largest cryptocurrency by market capitalization, bitcoin traded above $30000 for most of July, the uptrend, however, fizzled recently with prices dipping below $29,000 earlier this week before a modest bounce to the current $29,350.
Ether, the second largest cryptocurrency by market cap, traded around $1875, up by 0.6% in the last twenty four hours.
NFT platform Origin Protocol (OGN) rose 32% over the past week, while DeFi’s Kyber Network (KNC) and smart contract platform Astar (ASTR) added 23% and 22%, respectively.
The global crypto market cap is $1.19T, a 0.45% increase over the last day.
The total crypto market volume over the last 24 hours is $25.02B, which makes a 2.43% decrease. The total volume in DeFi is currently $2.07B, 8.29% of the total crypto market 24-hour volume.
The volume of all stable coins is now $23.25B, which is 92.94% of the total crypto market 24-hour volume. Bitcoin’s dominance is currently 48.14%, a decrease of 0.02% over the day.
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