Crypto Price Analysis 7-29: BITCOIN: BTC, ETHEREUM: ETH, SOLANA: SOL, BITTENSOR: TAO, RIPPLE: XRP
The post Crypto Price Analysis 7-29: BITCOIN: BTC, ETHEREUM: ETH, SOLANA: SOL, BITTENSOR: TAO, RIPPLE: XRP appeared on BitcoinEthereumNews.com. The crypto market has registered a notable decline over the past 24 hours, dropping almost 2% as Bitcoin (BTC) and other cryptocurrencies traded in the red. BTC traded around $118,000 but fell to a low of $117,527 early during the ongoing trading session. However, it rebounded from this level to reclaim $118,000 and move to its current level of $118,933. Despite the recovery, BTC remains down 0.60% during the ongoing session. Meanwhile, Ethereum (ETH) faced substantially greater selling pressure over the past 24 hours. The world’s second-largest cryptocurrency pushed above $3,900 on Monday, reaching an intraday high of $3,938 before losing momentum and dropping to its current level. ETH is down nearly 3% over the past 24 hours, trading around $3,816. Ripple (XRP) is down almost 5%, while Solana (SOL) is down over 4%, trading around $185. Dogecoin (DOGE) is down almost 7%, while Cardano (ADA) is down nearly 6%. Stellar (XLM), Chainlink (LINK), Hedera (HBAR), Litecoin (LTC), Toncoin (TON), and Polkadot (DOT) also registered substantial declines. Dow Jones, S&P 500, Trading Near Record Levels US stock indices traded mixed following an initial rally after the US announced a trade deal with the EU. The Dow Jones fell 0.10% while the S&P 500 registered a marginal increase as it traded near all-time highs. Markets turned positive after the US announced a favorable trade deal with the EU on Sunday. The deal imposed a 15% baseline tariff on European goods entering the market, while US goods entering the European market will be subject to a 0% rate. The deal, which France called a “submission,” helps the EU avoid a trade war with the US. However, it will still cost EU carmakers and pharmaceutical companies billions and eat into profits. Markets are now shifting focus to the US-China trade deal as the…
The post Crypto Price Analysis 7-29: BITCOIN: BTC, ETHEREUM: ETH, SOLANA: SOL, BITTENSOR: TAO, RIPPLE: XRP appeared on BitcoinEthereumNews.com.
The crypto market has registered a notable decline over the past 24 hours, dropping almost 2% as Bitcoin (BTC) and other cryptocurrencies traded in the red. BTC traded around $118,000 but fell to a low of $117,527 early during the ongoing trading session. However, it rebounded from this level to reclaim $118,000 and move to its current level of $118,933. Despite the recovery, BTC remains down 0.60% during the ongoing session. Meanwhile, Ethereum (ETH) faced substantially greater selling pressure over the past 24 hours. The world’s second-largest cryptocurrency pushed above $3,900 on Monday, reaching an intraday high of $3,938 before losing momentum and dropping to its current level. ETH is down nearly 3% over the past 24 hours, trading around $3,816. Ripple (XRP) is down almost 5%, while Solana (SOL) is down over 4%, trading around $185. Dogecoin (DOGE) is down almost 7%, while Cardano (ADA) is down nearly 6%. Stellar (XLM), Chainlink (LINK), Hedera (HBAR), Litecoin (LTC), Toncoin (TON), and Polkadot (DOT) also registered substantial declines. Dow Jones, S&P 500, Trading Near Record Levels US stock indices traded mixed following an initial rally after the US announced a trade deal with the EU. The Dow Jones fell 0.10% while the S&P 500 registered a marginal increase as it traded near all-time highs. Markets turned positive after the US announced a favorable trade deal with the EU on Sunday. The deal imposed a 15% baseline tariff on European goods entering the market, while US goods entering the European market will be subject to a 0% rate. The deal, which France called a “submission,” helps the EU avoid a trade war with the US. However, it will still cost EU carmakers and pharmaceutical companies billions and eat into profits. Markets are now shifting focus to the US-China trade deal as the…
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