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Cryptocurrency Price Today: The cryptocurrency market held its position during early trade on Monday, July 4 after remaining in consolidation over the past week. The global cryptocurrency market cap was seen in green on the day, rising by a modest\u00a00.02 per cent over the past 24 hours, with a value of $865.24 billion at the time of writing this article. However, it could not get past the $900 million mark at the start of the week, as investors still remained in the extreme fear zone due to market volatility.<\/p>\n
\u201cMarkets have remained in consolidation over the past week. Consolidation is generally considered to be a good sign as it allows the market to recover. The $18,850 support level in BTC and $21,000 resistance level would be closely tracked by market participants,\u201d said Edul Patel, CEO and co founder of Mudrex.<\/p>\n
The price of the world\u2019s largest cryptocurrency by market cap, Bitcoin, remained below the $20,000 mark for another day. Bitcoin price today registered a value of $19,130.53 at the time of writing, which is a\u00a0slight rise\u00a0of\u00a00.39 per cent over the past day.<\/p>\n
\u201cBitcoin dropped by over 8 per cent in the week that went by, languishing around the $19,000 level. The overall market sentiment has improved marginally, but still remains in the \u201cextreme fear\u201d zone. Interestingly, on-chain data suggests that whales with over 1000 BTC are heavily accumulating the token despite the negative sentiment surrounding it. The daily trend for BTC is traversing within a descending channel pattern. The next key support is expected at $14,000. The daily RSI is a tad below the 30 level, reeling in the oversold zone,\u201d said the WazirX trade desk.<\/p>\n
Meanwhile, Ether price today remained flat and\u00a0stayed\u00a0barely over the $1,000 but held its crucial support level. At the time of writing this article, Ethereum price was standing at\u00a0$1,054.62, which is down by\u00a00.47 per cent over the past 24 hours.<\/p>\n
\u201cThe second largest crypto, Ether, has however been able to hold is crucial support level. The transaction fees on Ethereum have dropped to 2 year lows, and we might see some developers leveraging that. The coming few days a bound to be interesting for the crypto market,\u201d noted Patel.<\/p>\n
Here are the top 10 cryptocurrencies and their prices on\u00a0July 4, 2022, Monday, (According to data from coinmarketcap.com)<\/strong><\/p>\n Bitcoin $19,130.53 or\u00a00.39\u00a0per cent\u00a0gain in the last 24 hours<\/p>\n Ethereum $1,054.62 or\u00a00.47\u00a0per cent\u00a0loss in the last 24 hours<\/p>\n Tether $0.9991 or\u00a00.00 per cent\u00a0gain\u00a0in the last 24 hours<\/p>\n USD Coin\u00a0$1.00 or 0.03 per cent\u00a0gain in\u00a0the last 24 hours<\/p>\n BNB $216.89 or\u00a00.62 per cent\u00a0loss in the last 24 hours<\/p>\n Binance USD\u00a0$1.00 or\u00a00.13 per cent\u00a0gain in the last 24 hours<\/p>\n XRP $0.3183 or\u00a02.07 per cent\u00a0gain in the last 24 hours<\/p>\n Cardano\u00a0$0.4505 or\u00a00.63 per cent\u00a0gain in the last 24 hours<\/p>\n Solana\u00a0$32.93 or\u00a00.71 per cent\u00a0gain in the last 24 hours<\/p>\n Dogecoin\u00a0$0.06647 or\u00a00.57 per cent\u00a0gain in the last 24 hours<\/p>\n Read all the Latest News<\/a>, Breaking News<\/a>, watch Top Videos<\/a> and Live TV<\/a> here.<\/p>\n<\/div>\n