Bitcoin hits $67K, meme coins soar

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Cryptocurrency prices showed bullish momentum today, sparking optimism among investors across the broader industry. Bitcoin (BTC) reached a daily high of $67,000, while altcoins Ethereum (ETH), Solana (SOL), and XRP were trading predominantly in the green. Meanwhile, the cryptocurrency sector also saw notable gains, with Dogecoin (DOGE), Shiba Inu (SHIB), Babycoin (PEPE), and others seeing price increases.

Meanwhile, the global cryptocurrency market cap increased by 3.48% to $2.42 trillion, while the total cryptocurrency volume increased by 19.98% to $83.29 billion.

Here is a brief report on the top-ranked cryptocurrencies by market cap and their price movements today, July 20.

Highest cryptocurrency prices today

Bitcoin price

Bitcoin price has seen a significant increase of 4.16% over the past 24 hours to reach $66,696.60. The cryptocurrency recorded its lowest and highest levels over the 24 hours at $63,416.87 and $67,442.64, respectively.

Bitcoin’s dominance increased by 0.30% from yesterday, settling at 54.16%. The leading cryptocurrency’s market cap stood at $1.32 trillion.

Data from Soso Value indicates continued inflows into Bitcoin ETFs, estimated at $383.6 million, excluding ARKB data from Ark Invest. This is in line with the bullish movement in the price of the coin.

Bitcoin price on July 20

Ethereum price

Meanwhile, ETH price has increased by 2.55% over the past day to $3,502.42. Its 24-hour lows and highs were $3,377.88 and $3,540.59, respectively. It is worth noting that the market cap of the cryptocurrency has settled at $420.99 billion today.

ETH price on July 20ETH price on July 20

Solana Price

Solana price chart shows a 6.63% increase at the time of writing to trade at $170.73. Solana’s 24-hour lows and highs are $159.45 and $171.69, confirming a massive upside.

A recent report from Santiment also highlights how close the cryptocurrency is to the $200 target amidst gains of 33% since July 4.

SOL Cryptocurrency Price on July 20SOL Cryptocurrency Price on July 20

XRP price

Meanwhile, XRP price gained 4.38% to settle at $0.5805 today. The 24-hour low and high of XRP were $0.5426 and $0.586 respectively.

XRP cryptocurrency price on July 20XRP cryptocurrency price on July 20

Dodge and Sheep prices

Dogecoin has seen a 3.88% increase in value to $0.1255, while SHIB has seen a 1.26% increase to $0.00001781. Notably, these bullish price moves come on the back of massive accumulations of SHIB and DOGE, according to data revealed by Whale Alert. Whales have accumulated nearly 2.7 trillion SHIB and 800 million DOGE over the past day.

PEPE price rose by 4.14% to 0.00001217, while BONK and Mog Coin emerged among the top gainers on the day.

Read Also: Spot Ethereum ETF: New Cboe Listing Confirms July 23 Launch Date

Top Profitable Cryptocurrencies Today

Bonk (BONK) price is up 21.19% to $0.0000323.
Mog Coin (MOG) price increased by 17.85% to $0.000002222.
Arweave (AR) stock price rose 14.01% to $33.79.
Sei (SEI) price increased by 11.20% to $0.3919.

Biggest Losers in Cryptocurrencies Today

MANTRA (OM) price decreased by 1.65% to $1.27.
Lido DAO (LDO) price decreased by 0.37% to $1.94.
NEXO price decreased by 0.22% to $1.25.
This was followed by the price of TRON (TRX), which fell by 0.22% to 40.1347.

However, Bitcoin is up 0.10% while Ethereum is up 0.07% on the hourly timeframe, creating a bullish mood for cryptocurrency prices today. Altcoins have largely followed this upward movement, although SOL is down 0.84% ​​on the same timeframe.

Read also: Bitcoin Conference 2024: Will Elon Musk Join Donald Trump in Nashville?

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CoinGape has a team of experienced writers and editors who work around the clock to cover news from around the world and present the news as fact, not just opinion. CoinGape writers and reporters contributed to this article.

The content provided may contain the author’s personal opinion and is subject to market conditions. Conduct market research before investing in cryptocurrencies. The author or the publication does not bear any responsibility for your personal financial loss.

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