July 30: The cryptocurrency market traded largely in positive territory on Wednesday, with Bitcoin holding above the $64,000 mark and most major digital assets posting modest gains. However, weekly performance remained mixed as investors continued to assess broader market sentiment.
Bitcoin rose 0.44% to $64,173, taking its market capitalization to $1.284 trillion. Ether also advanced 0.13% to $1,910.63, extending its strong monthly gain of 18.78%.
Among leading altcoins, Avalanche emerged as the top performer, climbing 1.32%, followed by Polkadot (+0.60%), Cardano (+0.55%), Binance Coin (+0.54%), Solana (+0.35%), and XRP (+0.32%).
Despite the daily gains, several cryptocurrencies remained under pressure on a weekly basis. Cosmos declined 9.81% over the past week, while Polkadot fell 6.17%, Polygon slipped 6.06%, and Cardano lost 3.24%.
On a monthly basis, Ether continued to outperform with an 18.78% gain, while Bitcoin added 6.92%. However, most major cryptocurrencies were still trading significantly lower compared to a year ago.
Key Highlights
- Bitcoin: $64,173 (+0.44%)
- Ether: $1,910.63 (+0.13%)
- Avalanche: +1.32% (Top daily gainer)
- Polkadot: +0.60%
- Cardano: +0.55%
- Binance Coin: +0.54%
- Solana: +0.35%
- XRP: +0.32%
- Cosmos: Biggest weekly loser (-9.81%)
Disclaimer: This article is for informational purposes only and should not be construed as investment, trading, or financial advice. Cryptocurrency investments are highly volatile and subject to market risks. Investors should conduct their own research and consult a qualified financial advisor before making any investment decisions.
