Ethereum

Dogecoin

Bitcoin

<ul>
 <li><strong>The altcoin market cap dropped to $874.60B over the last week.</strong></li>
 <li><strong>Current market sentiment is neutral as the fear and greed index stays at 43.</strong></li>
</ul>
<p>The largest cryptocurrencies by market cap, Bitcoin (BTC) and Ethereum (ETH), continue to experience bearish fluctuations within the $58K and $60K level and ETH within the $2.6K level, respectively. Altcoins are witnessing a continuous decline, facing selling pressure and a lack of buying interest.&nbsp;</p>
<p>Earlier, the altcoin market experienced a promising uptrend, but is now facing down towards bearish sentiments. Despite hitting impressive highs earlier, several assets are now facing significant <a href="https://thenewscrypto.com/are-altcoins-gaining-traction-amidst-bitcoins-selling-pressure/" target="_blank" rel="noopener noreferrer nofollow">retracements</a>, evoking fears among investors and traders.</p>
<p>The total crypto market cap is found at $2.035 trillion, where the altcoin market has a worth of $874.607 billion. Over the last 24 hours, the crypto market volume has increased by 31.59%, reaching $48.19 billion.</p>
<p>However, the recent downturn in the altcoin sentiment has rippled certain tokens; let’s check the price performances of notable coins and tokens.&nbsp;</p>
<h3 class="wp-block-heading" id="h-ethereum-eth">Ethereum (ETH)&nbsp;</h3>
<p>Ethereum (ETH), the second largest cryptocurrency by market cap and the altcoin leader, marked a decline of 23.14% over the last month. The start of August was bullish, with the asset trading in the range of $3.2K. Later, it dived to a low of $2.2K. The asset was slightly up by 2.73% in the past seven days.</p>
<div class="wp-block-image">
 <figure class="aligncenter"><img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXcHCmIGci4NL5Zx9VQf4mDKd571eaROoyEGD-dU5p5ITvjAUdMF0Smyo_A0vYLwpvV8vJ3fhiC20EXWPHlcUoL8bKLz_KAUNFnD9cgmUpMA8tmYHwGnI6COvK8NB0TaRjDZwH1denJglO2U1SCNnwdjBLSc?key=mZJbSnJn0FU8AJiy3pWQ5g" alt="">
  <figcaption class="wp-element-caption"><em>ETH price chart (Source: <a href="https://coinmarketcap.com/currencies/ethereum/" target="_blank" rel="noopener noreferrer nofollow">CMC</a>)</em>
  </figcaption>
 </figure>
</div>
<p>ETH is currently trading at $2,628, up by 0.88% over the past 24 hours. Meanwhile, the daily trading volume has increased by 42%, to $9.96 billion.&nbsp;&nbsp;</p>
<h3 class="wp-block-heading" id="h-dogwifhat-wif">Dogwifhat (WIF)</h3>
<p>The popular dog-themed memecoin, WIF, is currently having bearish momentum. Continuing the downtrend, WIF recorded a significant price drop of 17.52% in the past week.</p>
<div class="wp-block-image">
 <figure class="aligncenter"><img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXdh5Tfqhp0kViheSoiHAQ8WhGGslZLTd7xPmAtzKPkvIuDUUuCd_CMQlOVLaofFghUfw3sABiR9rEK8mpJZeeI1syeoCwwt4hodaZz2cG0ws90y05A6qkxZ_4jpRnFXGvOMaiUBhyrkRMP_xdBr9WDJ8UV-?key=mZJbSnJn0FU8AJiy3pWQ5g" alt="">
  <figcaption class="wp-element-caption"><em>WIF price chart (Source: <a href="https://coinmarketcap.com/currencies/dogwifhat/" target="_blank" rel="noopener noreferrer nofollow">CMC</a>)</em>
  </figcaption>
 </figure>
</div>
<p>Over the last 30 days, the asset was down by 44.45%. The current price stands at $1.37, noting a decline of 3.06%.&nbsp;</p>
<h3 class="wp-block-heading" id="h-toncoin-ton">Toncoin (TON)</h3>
<p>TON, the eighth ranked altcoin by market cap, declined by 5.66% in the past month. The asset has climbed up by 13.48% from $6.08 to a high of $7.24, over the last seven days.</p>
<div class="wp-block-image">
 <figure class="aligncenter"><img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXcOSn0kIOjE-bF-LDlV9hW8v3tzHdq4ITK_0cWHDKGTG7YAx2xg42dsuNVP00w44u0w4vrG2o1bT9-0Rf8FwZ86gTpEVdJBhS0hDA3pvLZj_jHx2ZBvGSABicjUTZb-__d-4Gn-okR-kKiFT1oEDhHxRLnv?key=mZJbSnJn0FU8AJiy3pWQ5g" alt="">
  <figcaption class="wp-element-caption"><em>TON price chart (Source: <a href="https://coinmarketcap.com/currencies/toncoin/" target="_blank" rel="noopener noreferrer nofollow">CMC</a>)</em>
  </figcaption>
 </figure>
</div>
<p>Currently, <a href="https://thenewscrypto.com/toncoin-ton-price-surges-after-binance-announces-token-listing/" target="_blank" rel="noopener noreferrer nofollow">TON</a> is trading at $6.80, up by 5.73%.&nbsp;</p>
<h3 class="wp-block-heading" id="h-solana-sol">Solana (SOL)</h3>
<p>Solana, the fifth largest crypto by market cap, shows a remarkable dip of 11.67%, over the last month. SOL dropped from a high of $193 to $112.&nbsp;</p>
<div class="wp-block-image">
 <figure class="aligncenter"><img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXd9Rk5LRsfI39GZtLdJ1K_Sdi-vV5LDPLRtl2HqekVfbK7_3K5KZCbY-1WvmsqsLz7DpK2TVUMOMhGy3BLnM8-qN5OZrAbAn-LVgj0slAvlYl-lFBeu2iOLN-AAt1zJByL0KRyypal49r3DedO0NXdKf4Q?key=mZJbSnJn0FU8AJiy3pWQ5g" alt="">
  <figcaption class="wp-element-caption"><em>SOL price chart (Source: <a href="https://coinmarketcap.com/currencies/solana/" target="_blank" rel="noopener noreferrer nofollow">CMC</a>)</em>
  </figcaption>
 </figure>
</div>
<p>In the past week, it was down by 0.82%, the lowest price traded was $137. Currently, SOL trades at $143, showing a 0.70% spike.&nbsp;</p>
<p>The volatile altcoins, including DOGE and XRP witnessed price fluctuations. Dogecoin (DOGE) has been through a bearish rally for the last 30 days. The asset is currently trading at $0.1002, noting a decline of 2.09%. Whereas XRP was up by 0.25%, as per CMC <a href="https://coinmarketcap.com/" target="_blank" rel="noopener noreferrer nofollow">data</a>. Over the past week, XRP was slightly bullish, up by 0.73%. The highest price traded was $0.5821, and the lowest it hit was $0.5531.&nbsp;</p>
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Will Altcoins Resume Dips or Attempt a Recovery?

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