July 22 Cryptocurrency Price Crash: Bitcoin Drops 1%, with ETH, DOGE, XRP, and BNB in Red; View Cryptocurrency Prices Now
The cryptocurrency market is currently trading heavily in the red on July 22, with top tokens dropping, following a spike in values over the past several days. Along with other significant cryptocurrencies like Ethereum, Doge, Binance, and Ripple, which all had corrections, the price of Bitcoin is declining. But the lone token trading in green and the day’s top performer was Solana (SOL). Technical resistance and profit-taking are now affecting the market. According to data from the CoinDesk website, the top cryptocurrency prices on July 22 are listed below.
Bitcoin (BTC) Price Today
After hitting a record high last week, short-term profit-booking caused the price of Bitcoin to drop by 1.04% today, to $117,120. With a market valuation of $2.33 trillion as of July 22, Bitcoin remains the market leader despite the decline. However, during the past 30 days, the price of Bitcoin has increased by 16%. According to the Indian exchange rate, the price of Bitcoin is currently Rs. 1.03 crore in India.
Ethereum (ETH) Price Today
At $3,716.41, Ethereum is currently down 1.22% from the previous day. Nevertheless, the current market capitalization of Ethereum is over $450.18 billion. In India, the price of Ethereum is currently Rs. 3.24 lac.
XRP (XRP) Price Today
Today, the price of XRP has dropped 0.51% to $3.48. XRP coin is a favorite for cross-border payments, and despite regulatory hurdles, its market cap as of July 22 is at $206.7 billion. The price of XRP increased by 18% in just seven days and by 70% in the last thirty.
Tether (USDT) and USD Coin (USDC)
There has been little movement in the prices of stablecoins such as Tether (USDT) and USD Coin (USDC), which are currently trading at $1.00 and $0.9998, respectively. On days with a high level of risk, traders should use these cryptocurrency stablecoins.
Solana (SOL) Price Today
With a price increase of 5.56% over the past day to $198.18, Solana is now the largest gainer among large-cap cryptocurrencies. SOL prices have increased by more than 50% so far this year.
Binance Coin (BNB) Prices
The price of the BNB coin has decreased by 0.52% to $756.92 today. At the moment, Binance Coin has a $105.89 billion market capitalization. The price of the Binance coin on the Indian exchange was Rs. 66,290.
Dogecoin (DOGE) Price Today
Dogecoin is now down 2.77% at $0.2634. Due to traders shifting to higher-utility cryptocurrencies following the last rally, DOGE is experiencing corrections.
Cardano (ADA) Price Today
Today, Cardano’s ADA price dropped 3.2% to $0.8592 over the previous day. Cardano’s price has increased by 58% in the last 30 days and 15% in the last seven days, bringing its market capitalization close to $32 billion.
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