Crypto Market Update (July 24): Bitcoin & Ethereum Hold Steady While BNB & Vaulta Surge Ahead
Crypto markets show resilience as majors stabilize and altcoins charge forward.
Bitcoin and Ethereum—the bellwethers of crypto—are holding firm, refusing to buckle under pressure. Meanwhile, BNB and Vaulta are stealing the spotlight with explosive rallies. Traders chasing alpha are rotating into these high-momentum plays while the old guard consolidates.
Altcoin season heating up? The smart money's betting on it—just don't tell the 'diversified portfolio' fund managers still waiting for their bond yields to recover.
Altcoins Gain Momentum, Ethereum Retests $2,600 Mark!
Altcoin leader Ethereum price has retested its $2,600 mark today with an intraday correction of 2.45% and a market valuation is at $439.52 billion. With a 24-hour high/low of $2,586 and $2,765 respectively.
The Binance Coin price has achieved a new ATH today amid the increasing bullish sentiment. Notably, it surpassed the $800 mark for the first time ever, making it the 5th largest crypto asset in the world. With a listing price of $784.95 and a market cap of $109.33 billion, the dominance of it has increased 2.8188%.
The Vaulta token has gained significant attention from the crypto community over the past 24 hours. This resulted in it gaining the top gainers position in the daily list. With a jump of over 8% in valuation, its market cap has now increased to just under a billion dollar milestone.
Considering the present market sentiments, major tokens among the top 100 cryptocurrencies are experiencing a bullish shift, suggesting a positive outcome during the next 24-hour frame.
Trending Cryptos Today
- Baby Gork (babygork.ai)
- BNB (BNB)
- Spark (SPK)
- Smooth Love Potion (SLP)
- PancakeSwap (CAKE)
Top Gainers & Losers Today
| Gainers | Losers |
| Vaulta (A): +8.36% | Ethena (ENA): -8.97% |
| Flare (FLR): +5.76% | Conflux (CFX): -8.38% |
| PancakeSwap (CAKE): +5.71% | Toncoin (TON): -6.17% |
Crypto Marketcap Overview
The global crypto valuation is at $3.88 trillion with an intraday trading volume of $188.81 billion, a change of -15.31% as per the data from CoinMarketCap. Moreover, with a drop of 1.58%, the market is suggesting a slight decline in the trading volumes.
The Fear & Greed index is now at 70, suggesting a bullish action in the price prospect. With this, the Altcoin Season Index is now at 45, suggesting a steady shift toward the altcoin market from the Bitcoin season.
Over the past 24 hours, 175,935 traders were liquidated from the crypto space, bringing the total liquidations to $505.72 million. The largest single liquidation order happened on Binance cryptocurrency exchange on the ETH/USDT. The value of this order was $3.97 million.
VALR, RainFin Launch USDPC Token Offering 10% Yield in Africa
