Top Coins See Mixed Signals, Bitcoin Hovers Near $9,700
Bitcoin hovers around $9,700, while other crypto assets are experiencing moderate gains and losses.
Wednesday, July 24 — Most major cryptocurrencies are trading sideways, with a few experiencing minor losses today. Crypto markets are reporting mixed signals as of press time, according to data from Coin360.
Market visualization. Source: Coin360
Cryptocurrency data website Coinmetrics reported yesterday that the amount of BTC held in a single address unmoved for at least five years recently reached its all-time high. More precisely, on July 19, the number of coins meeting this requirement reached 3,847,859 BTC.
Bitcoin 7-day price chart. Source: Coin360
Ether (ETH) is down by 0.21% on the day, hovering around $215 at press time. The largest altcoin has seen small volatility over the day, with $200 as its lowest price point, and $219 as the highest at press time.
On July 23, Ethereum wallet and decentralized app browser Metamask launched the public beta version of its new mobile app. The release follows increasing scrutiny of Metamask as its monthly active user base grows to over 250,000 for the desktop product.
Ether 7-day price chart. Source: Coin360
On the top-20 digital currencies list, Bitcoin SV (BSV) is reporting the biggest losses and is followed by Tron (TRX) and Binance Coin (BNB) as major losers on the day, dropping 5.29%, 5.03%, and 3.8% respectively.
The major gainer over the past day is EOS (EOS), which has increased its price by 7.8% to trade at around $4.54.
Total market capitalization of all coins is around $267 billion at press time, dipping to as low as $264 billion during the day. The daily trading volume of all cryptocurrencies is around $59.6 billion.