Summary of this article
The cryptocurrency market showed little volatility on Tuesday, with Bitcoin hovering near $119,000 and Ethereum close to $3,900. The overall market cap slipped marginally to $3.91 trillion. BANANAS31 was the most trending token, Conflux led the gainers, while Fartcoin saw the sharpest drop. Analysts foresee a potential Bitcoin breakout toward $160,000, with key support around $114,000.
Crypto prices hovered near key levels on Tuesday, with Bitcoin prices around $119,000 and Ethereum prices close to $3,900. At the time of writing, the total crypto market cap saw a marginal decrease of 0.90 per cent to $3.91 trillion, and the 24-hour trading volume increased by 12.03 per cent to $173.86 billion.
Banana For Scale BANANAS31 was the most trending cryptocurrency. Its price was up by 21 08 per cent to $0.007974. Its 24-hour trading volume was $387.59 million. Elsewhere, Conflux CFX was the top gainer. It was up by 38.80 per cent, and its 24-hour trading volume was $441.90 million. Fartcoin FARTCOIN was the top loser, and it was down by 14.67 per cent, while its 24-hour trading volume was $345.32 million.
The DeFi market cap was at $48.93 billion, Coinmarketcap.com reported.
Sathvik Vishwanath, Co-Founder & CEO, Unocoin said, “Bitcoin currently trades around $118,000, consolidating below key resistance at $120,000. Despite short-term profit-taking and miner selling, its bullish structure remains intact, supported by strong ETF inflows. Analysts eye a potential breakout toward $160,000, fueled by an inverted head-and-shoulders pattern. However, open interest and regulatory uncertainty ahead of the July 30 Fed meeting may cap upside. Key support lies at $114,000–$115,000, where buyers are expected to step in. Institutional demand continues to drive momentum, but market sentiment remains cautious.”
Cryptocurrency Prices
Bitcoin (BTC): Bitcoin prices were down by 0.04 per cent to $118,835.30. Its 24-hour trading volume was $67.48 billion. It is currently ranked number 1 on Coinmarketcap, based on market cap. Bitcoin’s market dominance was 62.60 per cent.
Ethereum (ETH): Ethereum prices were down by 1.12 per cent to $3,841.32. Its 24-hour trading volume was $34.77 billion, and its market dominance was 11.08 per cent.
Tether (USDT): Tether was trading at $1, down by 0.01 per cent. Its 24-hour trading volume was $120.17 billion. It is currently ranked third on Coinmarketcap.
Other Altcoins
Solana prices were down by 3.64 per cent to $185.37. Its 24-hour trading volume was $6.69 billion.
Cardano ADA was trading at $0.8015, down by 3.99 per cent. Its 24-hour trading volume was $1.22 billion.
Avalanche AVAX was trading at $25.27, down by 4.19 per cent. Its 24-hour trading volume was $1.10 billion.
Meme Coins
Dogecoin was down by 5.41 per cent, with a 24-hour price of $0.2301.
Shiba Inu was up by 5.34 per cent to $0.00001354.
Decentralised Finance
DeFi Coin was up by 0.4 per cent, and it was trading at $0.003083.
Yearn Finance was down by 3.12 per cent to $5,578.99, with a 24-hour trading volume of $23.38 million.
