Crypto Price Today (July 7): Bitcoin and Solana Turn Sideways, Ethereum Drops Below $2600

The Bitcoin price holds its value above the $108,000 mark despite recording a correction of less than 1% today. This shows an increasing volatility for the market leader in the smaller time frame. With a daily trading volume of $41.44 billion, the BTC price has ranged between $108,006 and $109,731.

At a listing price of $108,416.25 and a market capitalization of $2.156 trillion with a dominance of 64.4104%, Bitcoin is only $3,553.91 or roughly 3% shy of achieving a new all-time high (ATH). 

Ethereum Dips Below $2.6K While SOL Price Holds $150

Ethereum price with an intraday correction of 0.85% has failed to hold its value above its important watch point of $2,600. This has resulted in it losing its dominance to 9.1549% with a market valuation of $306.370 billion.

Top crypto price actions, Source: CoinMarketCap

Solana, on the other hand, managed to hold its value above the $150 mark but recorded a neutral price action over the last 24 hours, suggesting a cool-off phase for the altcoin in the market. Moreover, with a market share of 2.7798%, its valuation stands strong at $81.461 billion.

Trending Cryptos Today

• Bitcoin (BTC)
• Fragmetric (FRAG)
• Ethereum (ETH)
• Viction (VIC)
• Solana (SOL)

Top Gainers & Losers Today

Crypto Market Cap Overview

The cryptocurrency market starts another week on a slightly bearish note, suggesting a strong presence of bears in the industry. With this, the market capitalization has dropped by 0.67% in 24 hours and is currently at $3.34 trillion. However, its trading volume has increased by 30.75% to $93.7 billion, suggesting increasing buying and selling pressure.

On the other hand, the Fear & Greed index has dropped to 52 from 54 that was recorded on Saturday. By evaluating the present sentiments, the market shows a rising negative influence. Additionally, the Altcoin season index has risen to 28, indicating a transition toward the Altcoin market for the Bitcoin season.

In the past 24 hours, a total of 66,663 traders were liquidated with the combined liquidation value coming up to $174.84 million. Of the liquidators, the single largest liquidation order was recorded on the Binance cryptocurrency exchange on ETH/USDT pair. The value of this liquidation was $12.33 million.