While bitcoin (BTC) is recovering slightly from the correction of the past few days, we see many altcoins gaining strength again. Despite this, things have remained relatively calm over the past 24 hours, probably because the market is waiting to see what the Federal Reserve decides today. The total market cap of all cryptocurrencies rose 1.4% in the past 24 hours to $1.02 trillion.
Daily Market overview
Market cap: $1.03T +0.85%⬆️
SPOT Volume 24h: 32.04B -7.82%⬇️$BTC dominance: 39.33% -0.36%⬇️
Fear & Greed Index: 28⬆️ fear sentiment. Most projects in profit#Bitcoin $BTC $ETH🌐👉https://t.co/h7kQrKQGFo
🧠Free on-chain dash👉https://t.co/LzkA1WfcwR pic.twitter.com/ATIyTiKc6a— IT Tech (@IT_Tech_PL) July 27, 2022
Ethereum up 3%
Ethereum (ETH) initially fell to $1,360 yesterday, its lowest in more than a week, but then made a small bounce. The ether price initially encountered some resistance around $1,450, but was able to break through early this morning. However, ETH already seems to be running into resistance around $1,460, but the price is up 3% today.
$ETH started to dominate $BTC by trading volume on the futures market. pic.twitter.com/0eqUG2KDKl
— Coinalyze (@coinalyzetool) July 27, 2022
ADA drops 1.1%
Cardano (ADA) is the only one among the largest crypto to be slightly in the red today. Cardano also made a small bounce, but is not yet able to recapture $0.47, which means that the price is 1.1% in the minus today.
🧑 loc #Cardano reigns as the most developed asset in #crypto, according to our analysis of code pushes, issue interactions, and more. Routine updates from teams are excluded to ensure only relevant development is included. More here: https://t.co/vWQCE4r4pvhttps://t.co/5f6GNDp8dM pic.twitter.com/uDVb7pMs23
— Santiment (@santimentfeed) July 26, 2022
XRP, DOT, DOGE, AVAX something in the plus
Ripple (XRP) is up 1.5% today and briefly touched $0.34 last night, but was unable to hold on to that. Currently, XRP is pushing towards USD 0.337. Polkadot (DOT) is also up 1.5% today, but currently appears to be losing traction at $6.8. Dogecoin (DOGE) is up 1.7% and peaked at $0.63 this morning, but is now falling below that again. Avalanche (AVAX) is currently back above USD 21 and is up 1.8%.
#XRPNetwork has just hit a huge milestone. The amount of unique addresses currently interacting on the network has exceeded 247k in just a 4-hour window. This is the highest spike recorded since February, 2020. New $XRP addresses created remains steady. https://t.co/cCrVMu5WDA pic.twitter.com/C5m472oWy3
— Santiment (@santimentfeed) July 26, 2022
SOL, SHIB, TRX, BNB rise faster
Solana (SOL) is already up 2%, but dipped less deeply yesterday. Still, SOL appears to be struggling to recapture $37 this morning. Shiba inu (SHIB) made another big move up around mid-night, but failed to hold on to $0.0000108 yet. Still, SHIB is 2.6% in the plus today. Tron (TRX) has been able to rise steadily for the past 24 hours and currently stands at $0.066, marking a 3.2% plus today. Binance coin (BNB) is even 3.5% in the plus, although the price could not reach $255 early this morning and is now at $252.
MATIC up 6.7%
Polygon (MATIC) shot off like a rocket again last night. The MATIC price just touched $0.82, but was not able to break through it yet. MATIC is today no less than 6.7% in the plus.
1/ Ready for some Q2 stats?#Polygon PoS is now home to 5.34M unique addresses, a 12% increase from Q1.
Total Q2 transactions increased 4% to 284M and network revenue was $5.56M.
Average cost per transaction fell 49% to $0.018.
Let’s take a look at #DeFi, #gaming and #NFTs.
— Polygon – MATIC 💜 (@0xPolygon) July 26, 2022
Crypto top 100 hardest risers and fallers
Despite the fact that most crypto in the top 100 are green, most prices do not rise faster than 3%. Maker (MKR), bitdao (BIT) and zcash (ZEC) are still about 5% in the plus. Monero (XMR) was up 6% in the past 24 hours and lido (LDIO) 7%. Quant (QNT) is already up 12% today, but ethereum classic (ETC) is the fastest gainer and is up 15%.
On the red side we find stacks (STX), chain (CXN), frax share (FXS), helium (HNT), convex finance (CVX) and synthetix (SNX) all between 1 and 2% in the negative. Cosmos (ATOM) is down 2.5% and ecomi (OMI) is 3.5% today.
⚡️Trending Searches by @CoinGecko
27 Jul 2022$ONE $OP $pound #Bitcoin #BTC $BTC $MATIC #BNBChain #BNB $BNB $GLMR $UNIA $RAD $SOL pic.twitter.com/FHKvMWRIHI— 🇺🇦 CryptoDep #StandWithUkraine 🇺🇦 (@Crypto_Dep) July 27, 2022
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