Sunday, July 29: crypto markets have seen diverging trends over a 24 hour period, with nine out of the ten top cryptocurrencies by market cap slightly in the green, according to Coinmarketcap[1].
Market visualization from Coin360[2]
Bitcoin[3] (BTC) is slightly up by less than one percent over the past 24 hours and is trading at around $8,206 at press time, with an intraday high of $8,285. The major cryptocurrency reached as high as $8,431 this week, following the crypto market rebound that started[4] in mid-July. Holding the some of the biggest gains among the top ten coins over the past week, Bitcoin is now up almost 39 percent over the past month.
Bitcoin 1 month price chart. Source: Cointelegraph Bitcoin Price Index[5]
Bitcoin’s market dominance over altcoins[6] also keeps growing, currently amounting to almost 47.5 percent.
Percentage of Total Market Cap (Dominance). Source: Coinmarketcap[7]
Ethereum[8] (ETH) is down a negligible percentage over a 24 hour period, trading at around $466 at press time. The top altcoin keeps fluctuating around $460, having seen its intraday high of $470. Over the past week, ETH reached its peak of $483 on July 25.
Ethereum weekly price chart. Source: Cointelegraph Ethereum Price Index[9]
Total market cap is hovering around $297 billion by press time, after touching $304 billion earlier this week.
Total market capitalization chart. Source: Coinmarketcap[10]
TRON[11] (TRX) has seen the biggest gains over the past 24 hours, gaining almost 8.5 percent by press time. This week, the
