Top digital assets have experienced a price surge in the cryptocurrency market within the past 24 hours, including Bitcoin, Ethereum, and Shiba Inu.
Bitcoin’s (BTC) dominance increased by 0.05 per cent to 42.41% as its price increased 2% in the last 24 hours. Currently, the top cryptocurrency is trading at $20,397. In the previous seven days, the BTC price has increased by around 2%
According to Edul Patel, the CEO of top cryptocurrency investment platform, Mudrex:
“Bitcoin, Ethereum, and most cryptocurrencies rose on Wednesday after tracking gains in the US equity markets. BTC gained nearly 3% over the past 24 hours. However, it may not have accumulated enough power to maintain that consistency,”
“But if BTC can continue to hold at US$20,000 by the end of the day, one can expect a test of the US$21,000 level. On the other hand, Ethereum also hovered around US$1,171. If bulls can make a move, we may also see ETH rising to the US$1,300 level in the coming days,”
Top Cryptocurrency Prices on July 7th, 2022
Ethereum’s price increased around 4% to $1171 in the last 24 hours. In the previous seven days, the ETH price surged by 7.25%, and it is currently ranked as the 2nd largest crypto asset.
Binance Chain coin’s price increased 1.55% to $236 in the last 24 hours. During the previous seven days, BNB’s price rose by 8.5%, currently ranked as the 5th largest crypto asset.
XRP coin’s price increased by 2.69% to $0.3312 in the last 24 hours. Over the previous seven days, the XRP price has increased by 1.5%. It is currently ranked as the 7th biggest crypto.
Related: Binance CEO Meets With The President of the Republic of Côte d’Ivoire to Discuss Crypto Integration in the Country.
Solana’s price increased 3.17% to $36.8 in the last 24 hours. In the previous seven days, the SOL price grew by 12.86%. It is currently ranked as the 9th biggest crypto asset.
Cardano token’s price increased by 2.08% to $0.4657 in the last 24 hours. The ADA price was boosted by 1.17% in the previous seven days. It is currently ranked as the 8th biggest crypto asset.
Dogecoin’s (DOGE) price decreased by 1.66% in the last 24 hours. DOGE is currently ranked 10th in terms of market capitalisation, and the value of DOGE at the time of this report was $0.06842.
The price of Polkadot (DOT) increased by 1.99% to $6.94. Avalanche’s (AVAX) price rose around 5% to $19.17 in the last 24 hours. Both DOT and AVAX are currently ranked 12th and 16th respectively on CoinMarketCap.
Polygon (Matic) price increased by around 2.43% to $0.518 in the last 24 hours. MATIC’s price has risen by 8.57% in the previous seven days. It is currently ranked 18th on CoinMarketCap.
Shiba Inu (SHIB) jumped nearly 2.45 per cent in the last 24 hours to $0.00001058. It is currently ranked 14th on CoinMarketCap
Read More: Shiba Inu Emerges As Top Choice Of ETH Whales As Wallets Hold SHIB Tokens Worth $608.6 Million.