Crypto Market – July 30, 2022
According to statistics from CoinGecko, the total market value of all cryptocurrencies is now $1.13T, up 2.04% from the previous day.
- Market Cap: $1,099,050,125,507.71
- 24h Vol: $57,232,662,279.87
- BTC Dominance: 37.13%
Over the last 24 hours, the price of Bitcoin (BTC) has fluctuated between $23,616 and $24,679. BTC is now trading at $24,537, up 2.14 percent, as of 4:00 PM (UTC). The price of BTC has decreased by 50% so far this year.
For the second week in a row, Bitcoin’s (BTC) price rose by 5% at the end of the week. The biggest cryptocurrency by market capitalization also had its third successful week in the previous four.
Even after the U.S. Commerce Department announced on Thursday that the country’s gross domestic product fell for the second consecutive quarter, putting it into a recession under the technical definition that states two consecutive quarters of declining GDP constitute a recession, bitcoin continued to climb.
The price of Ether (ETH) decreased by .30%, although it increased by 12% for the week.
By market cap, the majority of the big cryptocurrencies are trading upward. TRB, BTCST, and FIL are three market leaders, increasing by 51%, 47%, and 29%, respectively. Chainlink (LINK) and Polkadot (DOT), two other altcoins, had increases of 12 and 4.5 percent, respectively, while Decentraland (MANA) and Cosmos (ATOM) saw declines of 0.87 and 0.13 percent.