Crypto On July 7: Bitcoin, Ether Soar As Resistance Zones Approach, Market Turns Green
KEY POINTS
- Bitcoin reclaimed $20,000 while Ether aims to reclaim $1,200
- Biggest gainers include Solana (SOL) and Avalanche (AVAX)
- The biggest losers include USTC and Cosmos (ATOM)
The crypto market Thursday was green as Bitcoin once again held the $19,000 price support while reclaiming the $20,000 price level as well. Furthermore, the world's biggest cryptocurrency rose by 1.13% in the last 24 hours.
According to CoinMarketCap (CMC), the price of 1 BTC as of 12:17 am ET is $20,444 while the market dominance of the coin stands at 42.44%. Furthermore, the market capitalization of Bitcoin rose to $390.4 billion and is about to break the $400 billion mark.
Ethereum (ETH) aimed to break the $1,200 price region after a 2.5% price surge in the last 24 hours. As of 12:17 am ET, the world's second-biggest cryptocurrency is priced at $1,171. According to the data from CoinMarketCap, the market dominance of the token rose to 15.48% while the market capitalization of the token stands at $142.2 billion.
The biggest gainers of Thursday include Solana (SOL). Avalanche (AVAX), FTX Token (FTT) and The Sandbox (SAND). These tokens rose by 2.04%, 2.28%, 2.72% and 1.91% in the last 24 hours respectively. As of 12:25 am ET, the price of these coins is $36.84, $19.30, $26.08, and $1.25, as per CMC.
On the contrary, the biggest losers in the crypto space include Cosmos (ATOM), Tron (TRX), Terra USD Classic (USTC), and Compound (COMP). These tokens dropped 5.35%, 1.51%, 11,66% and 1.90%, respectively. According to CMC, the prices of these tokens as of 12:30 am ET are $8.75, $0.0671, $0.05068 and $46.05.
© Copyright IBTimes 2024. All rights reserved.