Crypto Prices Today July 6: Bitcoin Regains Momentum To $56K, Altcoins Mirror Uptrend

Cryptocurrency Prices Surge, Boosting Market Optimism

Today, cryptocurrency prices have experienced a resurgence, fueling enthusiasm among investors. Bitcoin (BTC) has regained its upward trajectory, rising to approximately $56K after briefly dipping below $53K. Other prominent cryptos, including Ethereum (ETH), Solana (SOL), XRP, Dogecoin (DOGE), and Shiba Inu (SHIB), have followed suit, recording positive price movements.

The global crypto market capitalization has witnessed a 2.79% increase to $2.06 trillion within the last day. Moreover, the total crypto market volume has surged by 4.83%, reaching $109.33 billion.

Here's a snapshot of the performance of leading cryptocurrencies as of July 6:

Bitcoin Price

BTC has registered a 1.90% increase over the past 24 hours, currently trading at $56,369.52. Its 24-hour trading range extends from $53,717.38 to $56,979.02. This upward price action is supported by $143.1 million in inflows into U.S. spot Bitcoin ETFs, according to data from SoSo Value. However, BTC's dominance has slipped by 0.62% to 53.87% today, indicating the outperformance of altcoins.

Ethereum Price

ETH has gained 2.12% since yesterday, reaching $2,973. Its 24-hour trading range is defined by lows of $2,957.40 and highs of $3,023.58. Ethereum's market capitalization currently stands at $357.61 billion. Despite anticipation of an ETF, the cryptocurrency has exhibited volatility, with substantial outflows as institutions have preferred BTC and SOL over ETH.

Solana Price

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