The crypto market has continued to grow steadily in recent weeks. We see the recent rise in the largest coin in the market cooling off somewhat, but that seems to give some room for the altcoins to catch up a little.
The largest altcoin in the market in particular seems to be leading the way today, but we have more big risers today and only a few red prices in the top 100. The total market cap is up 1.3% to $1.25 trillion.
⚡Market Overview #Bitcoin price trades below $31K
The Top-10 are traded in green directions: $ETH +2.31%, $ADA +1.74%, $LTC +1.52%
Market Capitalization: $1.31T (+0.97%)
The #BTC dominance: 45.29% (-0.39%)
Fear & Greed Index: 62 (Greed) pic.twitter.com/vbVANd9PfM— CryptoRank Platform (@CryptoRank_io) July 3, 2023
Bitcoin price is cooling down
Bitcoin (BTC) dipped below $30,000 shortly before the weekend, but was already close to $31,000 early this morning. However, it is not yet possible to break through the resistance here and the price is currently dropping to $30,630. With that, bitcoin is up 0.4% today and the attention seems to be shifting back to altcoins for a while.
Q2 in the books pic.twitter.com/Bih4GIwbIl
— Will Clemente (@WClementeIII) July 3, 2023
Ethereum to highest price in 2 months
Ethereum (ETH) is currently picking up a bit stronger, reaching $1,980 this morning, its highest price in two months. ETH currently stands at $1,962, but is still up 2.5% today. Other coins on the Ethereum network are also picking up sharply today.
$ETH started pumping as soon as CME opened.
Interesting…
Speculation on an ETH ETF? https://t.co/JBYn2ADcIW— Byzantine General (@ByzGeneral) July 2, 2023
Polkadot fastest riser in green crypto top 10
However, Ripple (XRP) remains today and is seeking support around USD 0.48, the same price as it was 24 hours ago. Litecoin (LTC) peaked at $115 last night, its highest price in more than a year, but is currently dropping to $110. LTC is only up 0.2% today, but still up 27% from a week ago.
Currently, #Litecoin MVRV 30D hovers around 35%.
Historically, each time $LTC MVRV 30D exceeds the 30% mark since 2018, a sharp price correction typically follows! This usually translates to a #LTC price drop ranging from 30% to 40%. pic.twitter.com/R5oMMaKWGc
— Ali (@ali_charts) July 2, 2023
Solana (SOL) is up 0.5% to $19.4, but is still up 15% from last week. Dogecoin (DOGE) is testing $0.68 and is up 1.1% today. Cardano (ADA) is up 2.2% to USD 0.295 but is encountering some resistance. Tron (TRX) is up 2.3% to USD 0.077.
Polygon (MATIC) is bouncing at $0.69 and is already up 3.2% today. Polkadot (DOT) is remarkably the fastest riser today and with a price of $ 5.5 today is up 4.4%.
📢@DFG__Official now releases @Polkadot 2023 H1 Report!💫@PolkadotDecoded
📙As data-driven & comprehensive as usual, there’s everything about it $DOT, #mainnet, #OpenGov, #parachains…
🧑🏻💻#DotSama fam, let’s keep building in H2!🙌
🔥READ & SHARE🔽https://t.co/TVo5K3oIM7
— DFG (@DFG__Official) July 3, 2023
Compound and the graph hardest climbers crypto top 100
In the top 100 today we find a remarkably large series of prices that are more than 10% up, including many decentralized finance (DeFi) projects on Ethereum. Maker, for example, rose by 11.5%. Pepe (PEPE), the well-known new memecoinis already up by almost 12%.
Flow (FLOW) is even up 14% today and is rising to $0.75. Filecoin (FIL) shoots up a whopping 16% to $4.67.
Universities like MIT, Harvard, and the University of Utah are using platforms like Filecoin and Seal Storage to store and preserve their data sets. This allows for easy access to scientific information and enables institutions that traditionally couldn’t participate in… pic.twitter.com/CnSRQTJPnt
— Jeffro (@JeffroTanvik) July 3, 2023
Bitdao (BIT) is rising even faster, which has now risen above $0.5 and is up 17.5% today. Compound (COMP) rose sharply yesterday and is also up 17.5% today. COMP is currently around $65.
Looking like an accumulation breakout. Strong jump pic.twitter.com/U9ZXh2h9wl
— Nebraskangooner (@Nebraskangooner) July 2, 2023
The big winner of the day is the graph (GRT). This artificial intelligence (AI) project on Ethereum is up a whopping 26% in the past 24 hours and is trading at $0.133 at the time of writing.
The Graph $GRT MULTI YEAR RESISTANCE. (LOG) Bullish if it breaks!
On the LTF, it had a bullish breakout, so watch out for a correction or further breakout on this trendline!
Let me know your thoughts on this AI coin! 👇#Bitcoin #Altcoin pic.twitter.com/pHLEfXL3IZ
— CryptoBusy (@CryptoBusy) July 3, 2023
Are you looking for more insight into crypto prices or help with trading?
In the premium environment of Crypto Insiders you will find a vibrant and friendly community of over 1,000 members helping each other to trade. Also, our analysts share more than 20 technical analyzes here every week exclusively for premium members. View our Premium page for more information and try the first 30 days for free.
Disclaimer: Investing involves risks. Our analysts are not financial advisors. Always consult an advisor when making financial decisions. The information and tips provided on this website are based on our analysts’ own insights and experiences.