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Today\'s Crypto Market Performance Continued to Indicate Strong Bullish Momentum

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2024-07-19 12:56:48243browse

The prices of top cryptocurrencies rallied slowly while maintaining stable positions above recent highs. Among the top 10 largest cryptocurrencies by market

Today's Crypto Market Performance Continued to Indicate Strong Bullish Momentum

Today’s crypto market performance continued to indicate strong bullish momentum. The prices of top cryptocurrencies rallied slowly while maintaining stable positions above recent highs.

Among the top 10 largest cryptocurrencies by market capitalization, XRP has recorded the most gains over the last 24 hours. While the project continues to make notable milestones in recent weeks, it has soared by 40.28% over the last week. Notably, XRP is trading at $0.6082 as of press time, an increase of 4.89% in the last day.

Amid the decent price rally, the broad crypto market capitalization surged briefly to $2.38 trillion, an increase of 1.97% over the past day. However, the overall market volume slumped slightly by 8.47% to $88.41 billion, suggesting a decrease in buying activities than it was in recent days.

Bitcoin, ETH, and SOL are Slightly Stable

Bitcoin, Ethereum, and SOL have shown resilience with decent price differences over the last 24 hours. As of writing time, Bitcoin is trading at $65,023, a slight increase of 1.81% since the last day.

Notably, Bitcoin, the world’s largest and most valued cryptocurrency, has retained its dominance in the crypto space, accounting for 53.8% of the total crypto market capitalization. Despite the stability in its price since yesterday, 80% of sentiment votes on Bitcoin have remained bullish, according to metrics provided by LunarCrush.

Nonetheless, Ethereum and SOL have also pumped slightly while trading a little above their previous highs. As of the time of writing, the price of Ethereum is $3455, an increase of 1.14% over the last 24 hours. SOL, on the other hand, surged by 2.75% to $160 over the last day.

WorldCoin Records Biggest Gain

Worldcoin(WLD) has achieved the biggest daily gain as of today. Data provided by CoinMarketCap shows that WLD has surged by 26.69% over the last 24 hours. As such, the coin is trading at $3.06 as of writing time.

Despite the impressive surge in price over the last day, WorldCoin is still far from reaching the all-time high of $11.82 it achieved on March 9, 2024.

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