Cryptocurrency Prices Today, July 29: Bitcoin Price Steady Near $119K While Altcoins Fall Sharply

After experiencing the rebound the previous day, cryptocurrency prices on July 28 saw a mild pullback after recent gains, with Bitcoin prices hovering near the $119,000 mark while several altcoins, including Ethereum (ETH), Solana (SOL), and Dogecoin (DOGE), have slipped into negative territory. Market participants appear to be engaging in profit booking as the month is now closed, especially afte

Bitcoin Price Today

Bitcoin (BTC) is trading at $118,702.98, down 0.43% in the last 24 hours. Despite the dip, the leading cryptocurrency has posted a strong weekly gain of 9.53%, and its market cap stands at $2.35 trillion.

Ethereum Dips but Remains Strong Year-to-Date

Ethereum (ETH) prices today saw a sharper correction, falling 2.78% in the last 24 hours to $3,793.06. Its market cap is now at $456 billion, with a trading volume of $18.07 billion.

However, ETH remains one of the strongest large-cap performers of 2025, still up by a massive 51.66% year-to-date (YTD). Experts suggest that Ethereum's recent dip is part of a healthy short-term correction in an overall bullish trend.

Altcoins Under Pressure: XRP, SOL, and ADA Fall Sharply

Altcoins are under visible pressure today. XRP prices have dropped 3.92% and are now priced at $3.14, bringing their 7-day loss to 11.42%. The Solana (SOL) price is down 4.45% to $184.41, continuing its decline from earlier this week. Similarly, Cardano (ADA) fell 5.67% today, trading at $0.7942, and is down nearly 12% this week, despite strong developer activity on the network.

Dogecoin Slides Over 7%

Dogecoin (DOGE) is among the biggest losers today, with its price falling 7.09% to $0.2270. The meme coin has now lost 15.99% in just one week, raising concerns about sustained retail interest.

BNB and TRON Hold Relatively Strong

Binance Coin (BNB) is down 1.54%, trading at $828.28, but remains up 5.24% for the week, maintaining some bullish strength compared to other altcoins. TRON (TRX), surprisingly, is in the green today, up 2.19% to $0.3276, supported by growing adoption of TRON-based DeFi applications and ecosystem developments.

Stablecoins Remain Pegged

Both Tether (USDT) and USD Coin (USDC) are holding steady at $0.9999, showing minor fluctuations of less than 0.05%. Their market capitalisations remain at $163.66 billion and $63.89 billion, respectively.

Market Movement Analysis

"No major change has been recorded within the crypto markets in the past 24 hours as the Bitcoin price maintains a range-bound trade. With this, most of the altcoins also have remained consolidated within a range, but are trading close to their respective pivotal resistance levels. This suggests, the bulls have held a tight grip over the rally and hence after a brief accumulation, may resume with a strong upswing. The top gainers for the day include Conflux with over 8.24% jump followed by Tron and Optimism by over 2% and 1.55% respectively. Conversely, the losers for the day are Fartcoin that dropped 17%, Pump.fun & Jupiter by over 10% each." as noted by CoinDCX research team.

Disclaimer: 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. 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.

Article Corrections

This article has been updated to include analyst commentary on Bitcoin and major altcoins, with insights on price movement, market sentiment, and near-term outlook. No other details have been changed.