Cryptocurrency

Akash Network

Notable

Ethereum Name Service

Mog Coin

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/cryptocurrency-market-experiences-notable-fluctuations/" data-wpel-link="internal">Cryptocurrency Market Experiences Notable Fluctuations</a><br></p>
<p style="text-align: justify">On Tuesday, July 23, the total value of the <a href="https://en.coin-turk.com/daos-under-legal-scrutiny-the-implications-of-the-ooki-dao-lawsuit/" data-wpel-link="internal">cryptocurrency </a><a href="https://finance.coin-turk.com/" data-wpel-link="exclude">market</a> fell by 1.38% to $2.44 trillion. In contrast, the total market volume increased by 23.35% to $86.24 billion. This discrepancy between market value and trading volume reflected the current turbulence and investor activities in the market.</p> 
<h2 style="text-align: justify" id="bitcoin-s-performance">Bitcoin’s Performance</h2> 
<p style="text-align: justify">Bitcoin’s price today is at $66,506. Accordingly, there was a 1.61% decrease in the last 24 hours. <strong>BTC</strong>‘s daily price range fluctuated between $66,211.30 and $68,267.39. Bitcoin’s market dominance increased by 0.19% to 54.46%. This indicates a relative decrease in the total value of altcoins.</p> 
<p><img loading="lazy" loading="lazy" decoding="async" class="wp-image-372980 size-full aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/07/BTCUSD_2024-07-23_08-32-14.png" alt="" width="1815" height="798"></p> 
<p>&nbsp;</p> 
<p style="text-align: justify">The U.S. government’s movement of $4 million worth of BTC sparked debates <a href="https://newslinker.co/what-are-the-future-technologies/" target="_blank" rel="noopener" data-wpel-link="exclude">about future</a> price trends. This price drop occurred despite a significant inflow of $533.57 million into BTC ETFs, excluding Bitwise BITB data.</p> 
<h2 style="text-align: justify" id="developments-in-ethereum-and-solana">Developments in Ethereum and Solana</h2> 
<p style="text-align: justify"><strong>Ethereum</strong>, despite the SEC’s approval of its ETF, saw its price drop by 1.14% to $3,477.71. The 24-hour trading range for ETH varied between $3,425.80 and $3,523.40. Grayscale’s large movements of ETH, likely to fund the ETH mini Trust, did not result in a price increase.</p> 
<p style="text-align: justify">Solana’s price also fell to $179.33. SOL’s price fluctuated between $177.04 and $183.21 throughout the day. Despite technological advancements and increasing adoption rates, Solana was affected by the overall market downtrend.</p> 
<h2 style="text-align: justify" id="xrp-s-contrarian-performance">XRP’s Contrarian Performance</h2> 
<p style="text-align: justify">XRP gained 3.23% in value, reaching $0.6139. The lowest and highest values for XRP in 24 hours were $0.5867 and $0.6227, respectively. This positive movement of XRP stood out against the general market decline, highlighting its unique price behavior and potential growth factors.</p> 
<p style="text-align: justify"><strong>DOGE</strong> and <strong>SHIB</strong>, representing the meme coin sector, also reflected the general market decline. DOGE fell by 1.88% to $0.1384, while SHIB dropped by 2.67% to $0.00001767. PEPE also decreased by 0.79% to $0.00001231.</p> 
<h2 style="text-align: justify" id="top-gainers-and-losers">Top Gainers and Losers</h2> 
<p style="text-align: justify">Among the top gainers, Ethereum Name Service (<strong>ENS</strong>) rose by 4.61% to $27.91, Ethereum Classic (<strong>ETC</strong>) increased by 2.52% to $24.70, and Akash Network (AKT) climbed by 2.02% to $3.60. XRP highlighted its contrarian performance with a gain of over 3%.</p> 
<p style="text-align: justify">Among the top losers, Mog Coin (MOG) fell by 11.73% to $0.000002056, Ethena (ENA) dropped by 8.25% to $0.4431, Bonk (BONK) decreased by 7.46% to $0.00002932, and Maker (MKR) declined by 6.24% to $2,721.50.</p> 
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on COINTURK NEWS: </span> <a href="https://en.coin-turk.com/cryptocurrency-market-experiences-notable-fluctuations/" data-wpel-link="internal">Cryptocurrency Market Experiences Notable Fluctuations</a></h5>

Cryptocurrency Market Experiences Notable Fluctuations

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