Crypto On July 29: Bitcoin Breaks $24,000, Ether Retains $1,700

The crypto market on Friday saw leading cryptocurrencies Bitcoin (BTC) and Ether (ETH) surge by 3.9% and 4.77%, respectively, as BTC broke above $24,000 for a short duration while Ether retained $1,700.

As per data from CoinMarketCap, as of 2:57 a.m. ET, the prices of BTC and ETH tokens were $24,078 and $1,723, respectively. The market dominance of BTC dropped to 41.50% while that of ETH rose to 19%. It is clear that Ether is outperforming the world's biggest cryptocurrency.

Additionally, CoinMarketCap data confirmed that ETH rose by more than 3.87% in the last seven days while BTC rose by around 7.87% in the same duration.

The best performers include Ethereum Classic (ETC) which rose 35.76% to $44.75; Lido DAO (LDO) which rose 7.29% to $2.31; Axie Infinity (AXS) which rose 14.87% to $19.05; The Graph (GRT) which rose 18.54% to $0.13; and Curve Dao Token (CRV) which rose 14.95% to $1.50 as of 2:57 a.m. ET.

The poor performers include Huobi Token (HT) which rose 0.96% to $4.46; Trust Wallet Token (TWT) which rose 0.29% to $0.9904; Terra Classic USD (USTC) which dropped 0.17% to $0.037; and Braintrust (BTRST) which dropped by 1.18% to $2.08 as of 2.09 a.m. ET.

Other notable performers include Livepeer (LPT) which rose 55.11% to $13.67; Yearn.Finance (YFI) which rose 21.48% to $9,110; and Bitcoin Standard Hashrate Token (BTCST) which rose 83.39% to $15.05 as of 2:57 a.m. ET.

The biggest gainers in the top 10 include Solana (SOL) which rose 9.77% to $43.68; Dogecoin (DOGE) which rose 5.68% to $0.07072; Polygon (MATIC) which rose 9.17% to $0.9654; and Uninswap (UNI) which rose 7.58% to $8.9 as of 2:57 a.m. ET.