Market Update July 30

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Over the past 24 hours, the cryptocurrency market has seen some notable price movements. The market cap has seen a decline of 2.80%, dropping to $2.4 trillion.

Meanwhile, the total 24-hour trading volume has reached $79 billion. Bitcoin, the world’s most valuable cryptocurrency, has experienced a price drop of 3.78%, currently trading at $66,932.56.

This comes after a period of continuous growth that saw Bitcoin reaching all-time highs of over $69,000.

The drop in price can be attributed to profit-taking by investors, as well as the overall market correction. Ethereum has also seen a slight drop in price, down 0.78% and currently trading at $3,342.06.

Unlike Bitcoin, Ethereum has been holding steady in its price range, with analysts predicting a potential breakout in the near future.

Other altcoins have also seen negative price movements over the past 24 hours. Solana, a rising star in the crypto world, has seen a decline of 5.20%, currently trading at $223.40. BNB -3.28%, XRP -1.68%, Dogecoin -3.30% and Toncoin -1.88%.