Greed

Cardano

PEPE

<ul>
 <li>The global crypto market cap is up by 3.62% to $2.4 trillion.</li>
 <li>The total liquidation recorded for the past 24 hours is $200 million.</li>
</ul>
The crypto market is concisely in the bullish momentum over the past 24 hours, with major tokens charted in green. The brief rally might have triggered the occurrences of ETH ETFs and the presence of renowned political figures in the Bitcoin conference happening at Nashville. How will the coming week be welcoming the market sentiment?
Over the past week, the global crypto market capitalization dropped by 1.7% to $2.22 trillion. As of now, the market cap has spiked by 3.62% to $2.4 trillion. Meanwhile, the daily trading volume is down by 3.16% to mark $80.79 billion. Will the uptrend pick a bullish pace?&nbsp;
Exiting the fear zone, the <a href="https://thenewscrypto.com/will-btc-options-expiry-trigger-a-crypto-market-rebound/" target="_blank" rel="noopener noreferrer nofollow">market</a> is in the neutral zone, as indicated by the Fear and Greed Index that sits at 59. Alongside Bitcoin, Ethereum, and altcoins has spiked in the last 24 hours. Santiment <a href="https://x.com/santimentfeed/status/1816716318101647721" target="_blank" rel="noopener noreferrer nofollow">data</a> underscores a potential serious <a href="https://thenewscrypto.com/crypto-market-sees-rebound-with-record-investment-inflows/" target="_blank" rel="noopener noreferrer nofollow">bounce</a> action within the crypto market.
Meanwhile, the total liquidation <a href="https://www.coinglass.com/LiquidationData" target="_blank" rel="noopener noreferrer nofollow">recorded</a> for the past 24 hours is $200 million. When observing the chart, Ethereum surpassed Bitcoin in liquidation, and values stood at $73.16 million and $53.51 million, respectively. Other altcoins’ liquidations recorded $16 million.&nbsp;
<div class="wp-block-image">
 <figure class="aligncenter"><img decoding="async" src="https://lh7-us.googleusercontent.com/docsz/AD_4nXdWgxs3yX-iVwGIbIQhHbMoSfICQsxxpGgzfOWcBlZHw-1Zb3Z50NnCaydIcssm9OATi0-WM9-Mj5LkzcX0u3sXuv_GPoiEygCUOFEQAqMwQGzoqxOB1lPQBTlh9VncsFyaZOcT0TIGVEA0v5o_uXpW9Is6?key=x9MTtV20-sPehNHQTSP1nw" alt="">
 <figcaption class="wp-element-caption">Total liquidations chart (Source: <a href="https://www.coinglass.com/LiquidationData" target="_blank" rel="noopener noreferrer nofollow">Coinglass</a>)
 </figcaption>
 </figure>
</div>
Some of the significant options data revealed a total of 61,000 BTC options expired, noting a Put Call Ratio of 0.62 and featuring a max pain point of $63,500 and a notional value of $4.1 billion. Comparably, 490,000 ETH options expired with a Put Call Ratio of 0.45, recording a max pain point of $3,350, and a notional value of $1.6 billion. This highlights the contrasting assumptions among traders on future price movements.&nbsp;
<h3 class="wp-block-heading" id="h-are-the-major-crypto-tokens-performing-well">Are the Major Crypto Tokens Performing Well?</h3>
BTC, largest asset by market cap, is up by 4.82% at $67.3K. Over the past month, the asset noted an increase of 9.82%. In the past week, BTC was up by 5.4%. Similarly, ETH, the largest altcoin, has noted a 2.52% spike to sit at $3.2K. In the past month and week, the token has dropped by 3.58% and 4.65%, accordingly.&nbsp;
While, other token’s like Solana (SOL), Uniswap (UNI), and Cardano (ADA) have recorded gains. At the time of writing, SOL traded at $178, noting a spike of 6.68%. UNI showed an increase in price by 6.33% at $7.59, and ADA stayed at $0.412, up by 4.59%. On the other hand, XRP, LEO, and PEPE became the top losers over the past 24 hours. XRP is down by 0.79% priced at $0.5993. PEPE is down by 0.83% at $0.00001177, and LEO traded at $5.84, dropped by 0.8%.&nbsp;
Highlighted Crypto News
<a href="https://thenewscrypto.com/solana-sol-targets-new-high-with-positive-momentum/" target="_blank" rel="noopener noreferrer nofollow">Solana (SOL) Targets New High with Positive Momentum</a>

Can the Crypto Market Sustain Its Upward Momentum?

Daftar Isi

TheNewsCrypto

Artikel lain yang dipublikasikan pada 26 Jul 2024

Rho Markets Hit by $7.5M Hack, Attackers Demand Admission of Oracle Error for Fund Return

Galaxy Asset Management Unveils $113M Fund to Drive Crypto Innovation in 2024

Grayscale’s Ethereum ETF Loses $1.15B in The First Three Days of ETF Trading

Is Solana's (SOL) Head and Shoulders Pattern Ready? What It Means

Chainlink Join Hands With Wenia to Boost Transparency of Colombian Peso-Backed Stablecoin

What Coinbase’s $4.5M fine by U.K FCA means for the crypto industry

Bergabunglah dengan buletin gratis kami untuk pembaruan kripto harian!