The crypto prices today mainly took a bearish turn after remarkable gains witnessed recently. Bitcoin (BTC) price slipped back to the $66K level
Crypto prices today witnessed a predominantly bearish trend, following a period of substantial gains. Bitcoin (BTC) price witnessed a decline, slipping back to the $66K level. Meanwhile, Ethereum (ETH), Solana (SOL), and XRP tanked by 0.7%-6%.
On the other hand, the global crypto market cap took a hit, decreasing by 3.32% to reach $2.38 trillion. However, the total crypto market volume saw a significant surge of 72.97%, reaching $83.26 billion.
Here is a closer look at the price movements of some of the highest-ranking cryptocurrencies by market cap on July 30.
Bitcoin Price Today
BTC price slipped by 4.16% in the past 24 hours to rest at $66,555.76. The lowest and highest points attained by the token were $65,894.27 and $69,987.54, respectively.
Interestingly, the spot Bitcoin ETFs recorded a massive 124.13 million in inflows. However, the token itself has taken a bearish turn despite the ETF inflows.
This waning price movement has sparked additional concerns, especially as recent on-chain data suggests that Mt. Gox might be preparing for another BTC transfer.
According to the data, the Mt. Gox (12Rgp) address transferred a small amount of 0.02 BTC (around $1,350) to the address beginning with 1Adb. In another transaction, 0.0001 BTC was moved to the address starting with bc1q.
Meanwhile, Bitcoin’s dominance saw a slight decline of 0.56% in value to reach 54.92%. It is also worth noting that the U.S. government recently moved about $2 billion in Bitcoin, which was seized from the defunct dark web site Silk Route.
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