Market Update July 29
The crypto market has seen some significant price movements over the past 24 hours, with Bitcoin reaching a staggering $69,481.63, a gain of 4.52% from its previous value.
This surge in price has sent waves of excitement throughout the market, with many investors and enthusiasts eagerly watching the charts.
Bitcoin’s rise to a $69,481.63 is a significant milestone for the leading cryptocurrency, which has been on a steady upward trend for months now. The surge in price has been attributed to a combination of factors, including the US election campaign.
On the other hand, Ethereum, the second-largest cryptocurrency, has also seen a steady increase in its price, currently standing at $3,373.04. This marks a 4.52% increase.
The total capitalization of the crypto market has risen to $2.47 trillion (+3.15%), the trading volume has decreased to $54.59 billion (-25.93%), while the Bitcoin dominance stands at 55.4%.