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Crypto Price Today: Bitcoin above 30k mark, Ethereum and other tokens trade mixed

SUMMARY

Bitcoin, Ethereum and other cryptocurrencies traded mixed on Monday. The global crypto market cap stood at $1.21 trillion, with a volume of nearly $25.2 billion in the past 24 hours.

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By Asmita Pant  Jul 17, 2023 1:58:35 PM IST (Updated)

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Bitcoin | The world's largest and most popular virtual currency, Bitcoin, rose 0.2 percent to $30,279.4. Its market value stood at $588.6 billion. The trade volume was at $8.3 billion.

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"Bitcoin went below $30,000 briefly over the weekend as Ripple’s win against SEC enabled surge for the altcoins Bitcoin’s moving average indicates a ‘Buy’ sentiment whereas the market oscillators indicate a ‘Neutral’ sentiment," said Rajagopal Menon, Vice President, WazirX.  

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Ethereum | The second largest virtual currency, Ethererum or Ether, fell 0.1 percent to $1,927.3 with a market capitalisation of $231.7 billion. The trade volume of Ethereum was $4.3 billion in the last 24 hours.

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"Ethereum is presently trading above $1,900, and we might see it trade within the narrow range of $1,900 to $1,950 this week," said Edul Patel of Mudrex.

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Dogecoin | Meme-based virtual currency, Dogecoin, fell half a percent. Its market value stood at $9.8 billion. The trade volume was at $335.9 billion.

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Solana | Solana gained 2.3 percent to $28.1 with a market capitalisation of $11.4 billion. The trade volume of Solana was $707 million in the last 24 hours.

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Shiba Inu | Shiba Inu slid 0.8 percent with a market capitalisation of $4.7 billion. The trade volume was $91 million in the last 24 hours.

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Polygon | Polygon fell 1.3 percent to $0.8 with a market capitalisation of $7.2 billion. The trade volume was $301.2 million in the last 24 hours.

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