Bitcoin, Ethereum, Dogecoin, Shiba Inu, Others Gain as Cryptocurrency Prices Surge

Cryptocurrency

Top digital assets have experienced a price surge in the cryptocurrency market within the past 24 hours, including Bitcoin, Ethereum, and Shiba Inu.

Bitcoin’s (BTC) dominance increased by 0.05 per cent to 42.41% as its price increased 2% in the last 24 hours. Currently, the top cryptocurrency is trading at $20,397. In the previous seven days, the BTC price has increased by around 2%

According to Edul Patel, the CEO of top cryptocurrency investment platform, Mudrex:

“Bitcoin, Ethereum, and most cryptocurrencies rose on Wednesday after tracking gains in the US equity markets. BTC gained nearly 3% over the past 24 hours. However, it may not have accumulated enough power to maintain that consistency,”

He added: 

“But if BTC can continue to hold at US$20,000 by the end of the day, one can expect a test of the US$21,000 level. On the other hand, Ethereum also hovered around US$1,171. If bulls can make a move, we may also see ETH rising to the US$1,300 level in the coming days,”

Top Cryptocurrency Prices on July 7th, 2022

Ethereum (ETH) 

Ethereum’s price increased around 4% to $1171 in the last 24 hours. In the previous seven days, the ETH price surged by 7.25%, and it is currently ranked as the 2nd largest crypto asset.

Binance (BNB) 

Binance Chain coin’s price increased 1.55% to $236 in the last 24 hours. During the previous seven days, BNB’s price rose by 8.5%, currently ranked as the 5th largest crypto asset.

XRP

XRP coin’s price increased by 2.69% to $0.3312 in the last 24 hours. Over the previous seven days, the XRP price has increased by 1.5%. It is currently ranked as the 7th biggest crypto.

Related: Binance CEO Meets With The President of the Republic of Côte d’Ivoire to Discuss Crypto Integration in the Country.

Solana (SOL)

Solana’s price increased 3.17% to $36.8 in the last 24 hours. In the previous seven days, the SOL price grew by 12.86%. It is currently ranked as the 9th biggest crypto asset.

Cardano (ADA) 

Cardano token’s price increased by 2.08% to $0.4657 in the last 24 hours. The ADA price was boosted by 1.17% in the previous seven days. It is currently ranked as the 8th biggest crypto asset.

Dogecoin (DOGE)

Dogecoin’s (DOGE) price decreased by 1.66% in the last 24 hours. DOGE is currently ranked 10th in terms of market capitalisation, and the value of DOGE at the time of this report was $0.06842.

Polkadot (DOT)

The price of Polkadot (DOT) increased by 1.99% to $6.94. Avalanche’s (AVAX) price rose around 5% to $19.17 in the last 24 hours. Both DOT and AVAX are currently ranked 12th and 16th respectively on CoinMarketCap. 

Polygon (Matic)

Polygon (Matic) price increased by around 2.43% to $0.518 in the last 24 hours. MATIC’s price has risen by 8.57% in the previous seven days. It is currently ranked 18th on CoinMarketCap

Shiba Inu

Shiba Inu (SHIB) jumped nearly 2.45 per cent in the last 24 hours to $0.00001058. It is currently ranked 14th on CoinMarketCap

Read More: Shiba Inu Emerges As Top Choice Of ETH Whales As Wallets Hold SHIB Tokens Worth $608.6 Million.

Lekan Eyinade

Lekan Eyinade is a resourceful crypto content creator and copywriter with over two years of experience writing compelling cross-channel copies for web content, press releases, newsletters, and advertising materials.

He is adept at various communication formats, including feature articles, headlines, blogs, and social media and has used his skills to promote cryptocurrency adoption.

His interests include cryptocurrency, finance, music, and sports.

Disclaimer: The information in this article should not be considered financial advice, and FXCryptoNews articles are intended only to provide educational and general information. Please consult with a financial advisor before making any investment decisions.

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