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News on the Blockchain
July 15, 2024
@newsontheblockchain, 15/07/2024
Confidence in Knowledge. Providing daily news to make sure you're up to date!
Daily quote:
“Learn every day, but especially from the experiences of others. It’s cheaper!” - John Bogle
Daily market overview:
As of today, July 15, 2024, the cryptocurrency market is experiencing a notable upswing. Here are the key highlights:
1. Bitcoin (BTC):
- BTC price has surged to $68,274, marking a 3.24% increase in the last 24 hours. Its market cap stands at $1.34 trillion, contributing to a Bitcoin dominance of 52.59% in the market (CoinCodex).
- The coin broke through the $62K mark earlier, reaching a current price of $62,531.83, which represents a 5.18% increase in the past 24 hours (CoinGape).
2. Ethereum (ETH):
- Ethereum is trading at $3,323.23, up by 4.71% from the previous day. It even peaked above $3,350 during the day (CoinGape).
3. Altcoins:
- Solana (SOL) saw a 5.03% rise, reaching $151.48.
- XRP increased by 1.57% to $0.528.
- Dogecoin (DOGE) and Shiba Inu (SHIB) also saw gains, rising by 4.62% and 5.35%, respectively (CoinGape).
4. Market Sentiment and Volume:
- The total cryptocurrency market cap is approximately $2.55 trillion, reflecting a 1.90% increase.
- Trading volume over the last 24 hours was $369.34 billion, a significant rise of 21.58% (CoinCodex).
- The market sentiment is currently neutral with a Fear & Greed Index reading of 79, indicating extreme greed (CoinCodex).
5. Top Gainers and Losers:
- Pendle (PENDLE) is the top gainer with a 29.15% increase.
- Wormhole (WORM) is the biggest loser, dropping by 22.89% (CoinCodex).
News for today:
