Cryptocurrency Price Today, July 28: Bitcoin Eyes $120K, Ethereum Gains Momentum, Altcoins Fire Up

The crypto market today, July 28, is moving in a mixed manner, with price jumps in some tokens while volatility in others. After a sharp rebound from the recent crash, Bitcoin (BTC) price is moving close to a strong resistance level, while Ethereum (ETH) is seeing heavy buying from big investors. At the same time, altcoins, NFTs, and DeFi tokens are gaining attention.

Recently, US President Donald Trump signed the GENIUS Act, the first major US crypto law, which may change how crypto is regulated. Here are the top cryptocurrency prices today as per data from CoinDesk, including prices in the Indian market.

Bitcoin (BTC) Price Today

Bitcoin price today is $119,375.65, with a market cap of $2.37 trillion and a daily volume of $14.06 billion. BTC has gained 0.97% in the last 24 hours and 11.23% in the past month. Recently, Bitcoin prices rebounded nearly 4% from a short-term low to reach the key resistance zone between $119,000 and $120,000.

As per reports, the recent spike in volatility came after a Satoshi-era whale sold 80,000 BTC, shaking the market slightly.

Ethereum (ETH) Price Today

Ethereum price today stands at $3,882.58, with a 2.42% daily gain and a massive 59.36% surge in the last 30 days. The market cap is $467.56 billion, with a daily volume of $14.86 billion.

ETH has become the centre of institutional attention, with $2.2 billion in ETF inflows last week, far surpassing Bitcoin funds as pera report from coinmarketacap. This influx has reduced BTC's dominance to 59.7% and pushed the Altcoin Season Index to 56, indicating that an altcoin led rally is upcoming.

XRP Price Today

XRP is trading at $3.27, with a market cap of $193.44 billion and a 24-hour volume of $3.96 billion. The token has gained 1.99% in a day but dropped 7.87% over the week, despite a solid 49.40% monthly performance.

Tether (USDT) and Stablecoin Market Remain Flat

The USDT price remains stable at $1.00, with a market capitalisation of $163.63 billion and a volume of $342.16 million. While the USDC price holds at $0.9999, with a market cap of $64.26 billion and a volume of $1.88 billion.

BNB Price Today

Binance Coin (BNB) price is currently standing at $843.76, with a 5.92% daily gain, 10.08% weekly surge, and 30.05% growth over the month. BNB's market cap stands at $117.10 billion, with $1.53 billion in daily trading volume. The token is currently in the top 5 crypto as it benefits from increased utility across Binance platforms.

Solana (SOL) Price Today

Solana (SOL) is trading at $193.21, gaining 3.10% in 24 hours but dipping 1.24% over the week. With a market cap of $104.09 billion and $4.02 billion in volume.

Dogecoin (DOGE) Price Today

Dogecoin is priced at $0.2447 after rising 1.49% in the last 24 hours, despite a 9.68% weekly fall. However, it has jumped 49.53% over the past 30 days, and the daily trading volume stands at $1.75 billion. DOGE coin's market cap is currently at $36.74 billion.

Crypto Market Ahead: Expert's Take

"Bitcoin experienced a calm weekend without undergoing massive price movement as the levels remained jammed at around $119,000.Despite this, the top 10 tokens like Ethereum, XRP, Solana, Dogecoin, Tron & Cardano are maintaining a strong upswing, while BinanceCoin smashed a new ATH. As BTC price stabilizes, Metaplanet buys additional 780 Bitcoin worth nearly $93 million, bringing the total to 17,132 BTC worth $2 billion. Meanwhile, Strategy's Micheal Saylor hints at another BTC purchase soon. Bitcoin hash rate smashed new highs, suggesting increased security and robust network health. Besides, Pudgy Penguins squashed the rumors of OpenSea acquisition. Ethereum is soon turning 10 and on this occasion, a free NFT will be mintable for 24 hours. While the decision on FED rate cuts is pending this Wednesday, 95% of the Polymarket users believe in no cuts, hence a stabilized week ahead," as per Paras Malhotra, SVP, Trade, Custody and BizOps at CoinDCX.

The cryptocurrency prices and market data provided in this article are for general informational purposes only and should not be considered as financial, investment, or trading advice. The insights and figures mentioned are based on publicly available data at the time of writing and are subject to change. Neither the author nor GoodReturns.in endorses any specific cryptocurrency, exchange, or investment strategy. GoodReturns.in and its affiliates are not liable for any loss or damage arising from reliance on the information provided.