Crypto Price Update July 22: BTC and ETH Rallies, SOL, XRP, DOGE Leads Major Altcoin Surge

The crypto prices today have shown mixed movements. Some of the coins are currently trading in green while others are in the red zone. Several news and updates have affected the market trajectory since last weekend, like Joe Biden’s withdrawal from the U.S. presidential race, the Wazirx exchange hack, and the next batch of Mt. Gox creditor repayments.

However, the major cryptocurrencies have exhibited resilience following these updates. The price of Bitcoin for example has maintained its position above $67k while Ethereum continues to trade above $3,400. Also, as investors’ confidence continues to improve, the performance of other altcoins has been noteworthy as well. The crypto fear and greed index, a metric used to measure investors’ sentiment, shows that the attitude of investors has jumped to ‘Greed,’ resting at 70 points. Meanwhile, the total market value has jumped marginally by 0.87% to $2.46 trillion. Let us look at an overview of the top crypto prices in the market in the last 24 hours.

Top Crypto Prices Update

Following the announcement of the withdrawal of Joe Biden from the presidential race, BTC witnessed a selling pressure that pushed the price downward to $65k. However, less than 24 hours later, the flagship cryptocurrency jumped 1.10% to $67,648. Also, it can be seen in its 24-hour trading volume that the activities surrounding the coin have surged significantly by 78.29% to $32.2 billion. Notably, the spot Bitcoin ETF inflows as of July 19 was $383.6 million according to Soso Value data. The cumulative total net flow is at $17.01 billion.

The altcoin market portrays varied movements. Leading the charge, Ethereum (ETH) has added 0.09% to its value at the time of writing to trade at $3,500. The anticipation behind the coming launch of an Ethereum ETF could be attributed as the major trigger for the recent upswing. As investors wait, the price of ETH has touched the lows and highs of $3,430 and $3,560 respectively.

Other Altcoin Prices

The Solana (SOL) price has seen a 4.41% increase to $180. Additionally, the fifth-largest cryptocurrency had lows and tops of $171.23 and $184 respectively. In hindsight, SOL has had an impressive trajectory as the weekly chart shows a significant 18.61% surge in value.

The ripple-backed XRP token has spiked by 5.60%, climbing above $0.6 to trade at $0.616. Interestingly, XRP has traded between $0.5775 and $0.6173 in one day.

Meanwhile, Binance Coin (BNB) has spiked by 0.77% to $600, maintaining a bottom and top range of $583.50 and $605 respectively. However, Toncoin (TON) declined by 1.51% to $7.03. Its one-day lows and highs were $7.01 – $7.22.

Dogecoin (DOGE) and Shiba Inu (SHIB), the flagship memecoins have increased in the last 24 hours. While DOGE saw a notable 5.56% gain, SHIB recorded a marginal uptick of 0.32%. Consequently, DOGE and SHIB are now changing hands at $0.139 and $0.00001783 respectively.

Top Trending Gainers Today

Cat in a Dogs World (MEW) surged by 42.09% to $0.0082

AMC (AMC) moved up by 19.25% to $0.0000000668

Celestia (TIA) pumped 15.12% to $7.47

TARS AI (TAI) climbed 10.60% to reach $0.116

ether.fi (ETHFI) jumped 7.29% to rest at $2.58

Manta Network (MANTA) spiked by 4.39% to $1.06

The majority of the coins in the crypto market resumed the week starting July 22 in the green. While the general outlook seems positive and impressive, it will be interesting to see how long it will hold and how the week will end.