Crypto Prices Today August 7: BTC Touches $57K High, Altcoins Maintain Gains

Today’s crypto prices have managed to retain recent gains, igniting investor optimism globally. Bitcoin’s (BTC) price reclaimed the $57K mark, while Ethereum (ETH) traded at the $2,500 price level today. Simultaneously, Solana (SOL) gained nearly 10% in the past 24 hours, whereas XRP too traded in the green territory. The global crypto market cap sprung 1.66% to $2 trillion today. However, the total crypto market volume plummeted 49.85% to $104.79 billion.,It’s worth noting that the BOJ has recently stated that it might consider halting interest rate hikes in the aftermath of the recent crash, potentially aligning with the broader market recovery.,Here’s a brief report on the leading cryptocurrencies by market cap and their price performances today, August 7.,BTC price rested at $56,918.65 today, a jump of 2.18% in the past 24 hours. The coin’s 24-hour bottoms and peaks were $54,486.22 and $57,287.44, respectively.,Bitcoin’s dominance saw a 0.04% increase over the past day to reach 55.87%. Data by Soso Value conversely shows that Bitcoin ETFs recorded $148.56 million in outflows as of August 6.,Nonetheless, BTC price gained over 4% as the day longed to hold firmly at $57,461.,

,Meanwhile, the ETH price noted gains worth 0.71% over the past day to trade at $2,512.70. Its 24-hour lows and highs were recorded as $2,418.96 and $2,553.58, respectively.,Notably, BlackRock’s Ethereum ETF (ETHA) recorded a whopping $109.9 million in inflows as of August 6. Subsequently, Ethereum’s market cap stood at $302.5 billion today.,

,The crypto SOL’s price witnessed a remarkable 10.50% upswing over the past day, reaching $153.17. Solana’s 24-hour bottoms and peaks were recorded as $136.69 and $151.84, respectively.,It’s also worth mentioning that the coin’s market cap stood at $71.58 billion today.,

,Simultaneously, the XRP price rose 1.09% over the past day to trade at $0.5178. Its 24-hour bottoms and peaks were $0.4961 and $0.5185, respectively.,Dogecoin’s price saw a 1.44% upswing over the past day to reach $0.09975. Similarly, SHIB price jumped 0.65% to trade at $0.0000138.,Also, PEPE, WIF, and FLOKI surged 5%-20% over the past day.,Also Read: Donald Trump’s Son Teases Big Announcement On Crypto,Cat in a Dogs World (MEW) price surged 17.46% to $0.005932.
Notcoin (NOT) price gained 16.79% to $0.01188.
Zcash (ZEC) price soared 13.43% to $33.92.
Flare (FLR) price jumped 10.81% to $0.0173.,Akash Network (AKT) price fell 4.21% to $2.53
Maker (MKR) price tumbled 3.73% to $1,899.74.
Brett (BRETT) price slipped 2.49% to $0.0.9193.
OKB (OKB) price waned 1.33% to $33.89.,Besides, hourly time frame charts continue underscoring the presence of bullish momentum, indicating that further gains may be witnessed in the crypto prices today. BTC gained 0.74% over the past hour, while ETH pumped 0.61%.,Also Read: Canada Crypto Exchanges Rush as CIRO Membership Deadline Nears