It has been another very bad week in the world of cryptocurrencies. Despite a small price swing, it has remained relatively quiet in crypto land over the past 24 hours. Bitcoin (BTC) is currently hovering above $19,000, and the altcoins also show little deep green or red numbers. Total market cap hovers just above $900 billion.
📈Market Overview#BTC price trades above $19K
The Top 10 are traded in red zone: $ETH -1.37%, $BNB -1.12%, $SOL -0.52%.
Market cap: $912B (-0.34%) $BTC dominance: 40.07% (+0.52%)
Fear & Greed Index: 14 (Extreme Fear)Full Report👉https://t.co/y4Y2P0efLB pic.twitter.com/pLQxadpO6T
— CryptoRank Platform (@CryptoRank_io) July 4, 2022
Ethereum drops 0.5%
Ethereum (ETH) continued to consolidate just above $1,050 after falling sharply over the weekend. Yesterday afternoon, the ether price briefly went below that and then made a strong rise to $1,085. ETH then fell sharply lower again and is again just above $1,050 this morning. With that, ETH is currently 0.5% in min.
#ETH‘s Market Structure
Monthly candle closes below market structure.
Is this a Breakout or a Fakeout?
July candle close will tell.RT appreciated#Ethereum #ETH pic.twitter.com/T4dQVUu8un
— Washigorira (@Washigorira) July 3, 2022
BNB, ADA something in the minus
Binance coin (BNB) is also down 0.3% today. BNB first fell to $215, then shot to nearly $220 and is currently around $217. Cardano (ADA) briefly touched $0.46 last night after a rapid rise, but fell to $0.449 this morning, marking a 0.2% loss today.
DOT, SOL, DOGE something in the plus
Polkadot (DOT) shows a similar move, being rejected last night at $7 and currently stands at $6.73, marking a cautious 0.4% plus. solana (SOL) also fluctuated last night, but failed to get past USD 33.8 and is now pushing against resistance around USD 33. SOL is up 0.6% today. Dogecoin (DOGE) peaked at $0.0685 around the same time, but is dropping to $0.0663 this morning. Nevertheless, DOGE is 0.7% in the plus.
SHIB, XRP rise slightly stronger
Shiba inu (SHIB) held up slightly stronger last night, so that the price is already 1.3% in the plus. SHIB currently stands at $0.0000101. Ripple (XRP) also held up slightly better, although the price failed to break through $0.325 last night. XRP currently stands at $0.318 and is up 1.8%.
TRX and AVAX attract the strongest
Tron (TRX) made strong gains last night and held firm this morning. TRX was unable to break through $0.067 yet, but is still holding above $0.66 for the time being, bringing the price up 4.3% today. Avalanche (AVAX) is picking up a little stronger and this morning comes in at $16.8, which means the price is even up 4.8%.
📣 LATEST NEWS IN THE #AVALANCHE ECOSYSTEM#AvaxNews #Avalanche #Avax $AVAX #DeFi #News pic.twitter.com/B5rq9M3Ims
— Avax News 🔺 (@Avax_News) July 3, 2022
Crypto top 100 risers and fallers
In addition, evmos (EVMOS) and defichain (DFI) are also about 4% in the plus. For sandbox (SAND) this is 5% and for thorchain (RUNE) even almost 10%. Arweave is no less than 11% in the plus today, but today it is terraclassicusd (USTC) that is furthest in the green. That is the recently crashed stablecoin of the Terra ecosystem. USTC is up 12% today and even 350% in plus this week. However, at $0.06, the price is well below its peg at $1.
A range of crypto from the top 100 also turn red today. Apecoin (APE), gate (GT) and chain (XCN) are down about 3% in the min. Kucoin (KCS) and polygon (MATIC) are both down almost 4%. Nem (XEM) is 6% in the min, tenset (10SET) 7% and theta fuel (TFUEL) 10%.
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July 4, 2022$EVMOS $SOL #SOL $GLMR $MATIC #MATIC $CELL $LUNA $AVAX #AVAX $BNB #BNB $KDA $SLP pic.twitter.com/pS7ZoP6TKI— 🇺🇦 CryptoDep #StandWithUkraine 🇺🇦 (@Crypto_Dep) July 4, 2022
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