Bitcoin Dump, Memecoins Surge – Crypto Market Update

Just Memecoin Skyrockets! Crypto Market Cap Update

Fear or Greed? Decode the Latest Crypto Market Moves!

The global cryptocurrency market cap has gone down by 2.50% in the last 24 hours, reaching $3.94 trillion, with a total trading volume of $255 billion in the last day. The dominance of Bitcoin is 59.4%, whereas the dominance of Ethereum is 11.4%. 

Crypto Market Fear and Greed Index:

Over the last 24 hours, the "Fear and Greed Index." Presently holding at 72 on a scale ranging from 0 to 100, the current crypto market sentiment reflects optimism from yesterday. With a brief spike into Greed one week ago, the sentiment of the crypto market has remained steadily in Greed over the past month.

Most recent update on the crypto market:

• Currently, Bitcoin's price is trading near $117,388 with a 24-hour trading volume of $101,611,249,135, indicating a 0.30% decrease in the last 24 hours. 

• Whereas Ethereum price is hovering near $3,717.54, up 4.17% in 24 hours, driven by ETF-driven institutional demand and validator profit-taking, with a 24-hour trading volume of $39,342,684,810.

• The three most popular cryptocurrencies at the moment are Ethena, a just altcoin. The price of Ethena changed by 28.3% during the last day, reaching $0.047449, with a 24-hour trading volume of $15,624,339, after a larger memecoin gain during Bitcoin's decline.

• Vine Coin is down by 3.86% after a massive 59.30% increase.

• Other well-known cryptocurrencies, like Dogecoin (DOGE), Solana ($SOL), and Binance (BNB), are up a little today.

Major Worldwide Crypto Market News Update:

• Tyler Winklevoss has redoubled his war of words against JPMorgan Chase &Co., accusing the firm of pausing the onboarding of his crypto exchange Gemini as a customer because of his recent criticism of the bank

• On July 25, a Satoshi-era wallet transferred 80,000 BTC ($9B) to Galaxy Digital, with 30,109 BTC ($3.5B) hitting exchanges within 24 hours, coinciding with BTC's drop. As part of the investor's estate planning strategy, the deal was one of the biggest notional trades in cryptocurrency history.

• Volcon has purchased another 2,903 BTC, bringing its total Bitcoin holdings to 3,183 BTC. 

• Vietnam launches national blockchain NDAChain to power digital IDs, smart contracts & government records with hybrid decentralization.

• AguilaTrades has closed $BTC long and flipped to long $ETH with 25x leverage, resulting in a current position of 17,500 $ETH ($65M) and a liquidity price of $3,601.35.

• Ex-Head of Digital Assets Strategy at BlackRock, Joseph Chalom, joins SharpLink as Co-CEO to help bring Ethereum to the center of global finance.

• Strategy has priced 28.01 million shares of its Variable Rate Series A Perpetual Preferred Stock (STRC) at $90 per share, expecting to raise approximately $2.474 billion in net proceeds upon settlement on July 29. 

• Ethereum ETF,  has reached $10 billion in assets under management for the first time, marking a record achievement for any ETF. The 3rd-fastest ETF achievement in 251 trading days, $ETHA's AUM doubled in the last 10 days.

• Binance Alpha will be the first platform to feature Treehouse (TREE) on July 29th.

The global crypto market cap surged to $3.94T in the past 24 hours, thanks to a strong altcoin rally and Ethereum ETF momentum, despite a slight dip in Bitcoin. Sentiment remains high across ETH, memecoins, and new blockchain integrations.

Disclaimer: Coingabbar's guidance and chart analysis on cryptocurrencies, NFTs, or any other decentralized investments are for informational purposes only. None of it is financial advice. Users are strongly advised to conduct their research, exercise judgment, and be aware of the inherent risks associated with any financial instruments. Coingabbar is not liable for any financial losses. Cryptocurrency and NFT could be highly volatile; users should consult financial professionals and assess their risk tolerance before investing.