Ethereum

Solana

Pepe

Bitcoin

<p>The crypto prices today have regained a bearish market momentum after substantial gains witnessed in recent days. Bitcoin (BTC) cracked to rest at the $55K price mark, whereas Ethereum (ETH), Solana (SOL), XRP, and the broader market mirrored a waning price action.</p> 
<p>The global crypto market cap saw a 5.19% plunge to $2.01 trillion today. However, the total crypto market volume increased 17.71% from yesterday to $64.19 billion, stirring a whirlpool of speculations.</p> 
<p>Here’s a brief report on some of the top cryptocurrencies and their price movements today, July 8.</p> 
<h2 id="top-crypto-prices-today">Top Crypto Prices Today</h2> 
<h3 id="bitcoin-price">Bitcoin Price</h3> 
<p><a href="https://coingape.com/price/bitcoin/" target="_blank" rel="noopener">BTC price</a> tanked 4.99% in the past 24 hours to rest at $55,122.17. The token’s 24-hour bottoms and highs were $54,321.02 and $57,971.83, respectively.</p> 
<p>Bitcoin’s dominance saw a 0.07% jump to 53.85% today, underscoring the altcoin sector’s sluggish performance. The flagship crypto’s market cap rested at $1.09 trillion while writing.</p> 
<p>Notably, amid this dip, Japan’s Metaplanet has bagged additional amounts of <a href="https://coingape.com/japan-metaplanet-buys-another-bitcoin-dip-will-the-stock-rally-continue/" target="_blank" rel="noopener">BTC</a>, glimmering hope for future price movements</p> 
<p><img decoding="async" class="aligncenter wp-image-206382" src="https://cdn.coingape.com/wp-content/uploads/2024/07/08094720/BTC-Price-July-8.png" alt="BTC Price July 8" width="498" height="299" srcset="https://cdn.coingape.com/wp-content/uploads/2024/07/08094720/BTC-Price-July-8.png 928w, https://cdn.coingape.com/wp-content/uploads/2024/07/08094720/BTC-Price-July-8-300x180.png 300w, https://cdn.coingape.com/wp-content/uploads/2024/07/08094720/BTC-Price-July-8-768x461.png 768w, https://cdn.coingape.com/wp-content/uploads/2024/07/08094720/BTC-Price-July-8-150x90.png 150w" sizes="(max-width: 498px) 100vw, 498px"></p> 
<h3 id="ethereum-price">Ethereum Price</h3> 
<p>Meanwhile, the <a href="https://coingape.com/price/solana/" target="_blank" rel="noopener">ETH price</a> chart showed signs of a pullback, falling 5.62% to $2,880.37 today. Its 24-hour lows and tops were $2,826.48 and $3,051.20, respectively.</p> 
<p>It’s worth noting that the anticipation of bolstered price movements builds up as <a href="https://coingape.com/is-ethereum-becoming-scarcer-data-shows-rare-btc-and-eth-divergence/" target="_blank" rel="noopener">spot ETH ETFs</a> remain poised to launch shortly. Moreover, <a href="https://coingape.com/is-ethereum-becoming-scarcer-data-shows-rare-btc-and-eth-divergence/" target="_blank" rel="noopener">Ethereum</a> scarcity has also increased, with on-chain data illustrating ETH accumulations undermining that of BTC.</p> 
<p><img decoding="async" class="aligncenter wp-image-206383" src="https://cdn.coingape.com/wp-content/uploads/2024/07/08094826/ETH-price-July-8.png" alt="ETH price July 8" width="491" height="288" srcset="https://cdn.coingape.com/wp-content/uploads/2024/07/08094826/ETH-price-July-8.png 937w, https://cdn.coingape.com/wp-content/uploads/2024/07/08094826/ETH-price-July-8-300x176.png 300w, https://cdn.coingape.com/wp-content/uploads/2024/07/08094826/ETH-price-July-8-768x451.png 768w, https://cdn.coingape.com/wp-content/uploads/2024/07/08094826/ETH-price-July-8-150x88.png 150w" sizes="(max-width: 491px) 100vw, 491px"></p> 
<h3 id="solana-price">Solana Price</h3> 
<p>The crypto <a href="https://coingape.com/price/solana/" target="_blank" rel="noopener">SOL</a> saw a considerable 7.97% dip in value to $130.79. Solana’s 24-hour lows and highs were $128.56 and $142.12, respectively, underscoring a highly volatile movement.</p> 
<p><img decoding="async" class="aligncenter wp-image-206384" src="https://cdn.coingape.com/wp-content/uploads/2024/07/08095251/Crypto-SOL-price-July-8.png" alt="Crypto SOL price July 8" width="501" height="293" srcset="https://cdn.coingape.com/wp-content/uploads/2024/07/08095251/Crypto-SOL-price-July-8.png 941w, https://cdn.coingape.com/wp-content/uploads/2024/07/08095251/Crypto-SOL-price-July-8-300x175.png 300w, https://cdn.coingape.com/wp-content/uploads/2024/07/08095251/Crypto-SOL-price-July-8-768x449.png 768w, https://cdn.coingape.com/wp-content/uploads/2024/07/08095251/Crypto-SOL-price-July-8-150x88.png 150w" sizes="(max-width: 501px) 100vw, 501px"></p> 
<h3 id="crypto-xrp-price">Crypto XRP Price</h3> 
<p>Simultaneously, the <a href="https://coingape.com/price/xrp/" target="_blank" rel="noopener">XRP price</a> plunged 6.50% to $0.415 over the past day. Its 24-hour slumps and peaks were $0.4047 and $0.4448, respectively.</p> 
<p><img decoding="async" class="aligncenter wp-image-206385" src="https://cdn.coingape.com/wp-content/uploads/2024/07/08095504/Crypto-XRP-price-July-8.png" alt="Crypto XRP price July 8" width="488" height="287" srcset="https://cdn.coingape.com/wp-content/uploads/2024/07/08095504/Crypto-XRP-price-July-8.png 932w, https://cdn.coingape.com/wp-content/uploads/2024/07/08095504/Crypto-XRP-price-July-8-300x176.png 300w, https://cdn.coingape.com/wp-content/uploads/2024/07/08095504/Crypto-XRP-price-July-8-768x452.png 768w, https://cdn.coingape.com/wp-content/uploads/2024/07/08095504/Crypto-XRP-price-July-8-150x88.png 150w" sizes="(max-width: 488px) 100vw, 488px"></p> 
<h3 id="doge-shib-prices">DOGE &amp; SHIB Prices</h3> 
<p>Dogecoin’s price saw an 8.75% fall to trade at $0.1021 today. Shiba Inu’s price dropped 8.70% to $0.00001547, aligning with the broader market trend.</p> 
<p>Even the crypto PEPE, FLOKI, and BONK prices dipped 9%-14% at press time.</p> 
<p>Intriguingly, this bearish market trend has made sure that there are no top gainers for the day. Meanwhile, the top losers are as follows.</p> 
<p><strong>Also Read: <a href="https://coingape.com/peter-schiff-claims-bitcoin-whales-set-up-etf-investors-as-bag-holders/" target="_blank" rel="noopener">Peter Schiff Claims Bitcoin Whales Set Up ETF Investors As “Bag Holders”</a></strong></p> 
<h2 id="top-crypto-losers-today">Top Crypto Losers Today</h2> 
<p><strong>Brett (BRETT) price</strong> slumped 15.36% to $0.1073.<br> <strong>Pepe coin (PEPE)</strong> price dipped 14% to $0.000008213.<br> <strong>dogwifhat (WIF)</strong> price fell 13.48% to $1.60.<br> <strong>Jupiter’s (JUP)</strong> price saw a 12.03% decline to $0.6793.</p> 
<p>Further, hourly time frame charts indicated that BTC and ETH noted slight gains, with a majority of the tokens following this movement. Crypto market enthusiasts continue extensively eyeing the tokens for further price action shifts.</p> 
<p><strong>Also Read: <a href="https://coingape.com/98-of-altcoins-topped-market-cycle-bitcoin-in-transition-andrew-kang/" target="_blank" rel="noopener">98% Of Altcoins Topped Market Cycle, Bitcoin In Transition: Andrew Kang</a></strong></p> 
<p>The post <a href="https://coingape.com/crypto-prices-today-july-8-bitcoin-plummets-55k-eth-sol-xrp-tank-5-8/">Crypto Prices Today July 8: Bitcoin Cracks To $55K, Altcoins Under Bearish Control</a> appeared first on <a href="https://coingape.com">CoinGape</a>.</p>

Crypto Prices Today July 8: Bitcoin Cracks To $55K, Altcoins Under Bearish Control

Table of Contents

Coingape News Media

Other articles published on Jul 8, 2024

Bitcoin bulls refuse to flip bearish despite the $53,300 retest

Top Crypto Picks: BlockDAG’s Landmark $56.7M Presale, SHIB’s Burn Surge & LEO’s Price Power

Ripple vs. The Fed: Wall Street Analyst Ignites Debate on Control of Global Payments as XRP Emerg...

Do Kwon Exposed: Crypto Influencer Reveals Shocking Details of Terra Luna Fraud

Investors Pursue These Altcoins

VanEck Files S-1 for Ethereum ETF with SEC, Eyes Launch Soon

Join our free newsletter for daily crypto updates!