Crypto Price News 7/4: Origin Protocol (OGN) surpasses Bitcoin, Ethereum, BNB and other top cryptocurrencies

by Arthur · July 4, 2022

Crypto Crash News today (July 4): Crypto markets continue to remain in the “extreme fear” zone, amid declining trading activities and crises at several crypto companies. The global market value of cryptocurrency fell to 865 billion dollars, and fell 0.09 percent during the day while Bitcoin traded around 19,000 dollars in the last 24 hours. The prices of most of the best cryptocurrencies have also fallen further, according to CoinMarketCap data at the time of writing (12.58, Indian time).

Global crypto market volume over the last 24 hours fell 11 percent to $ 37.71 billion. The total volume of DeFi was $ 3.99 billion, representing 10.58 percent of the total 24-hour volume for the crypto market. The volume of all stack coins was $ 34.54 billion, 91.6 percent of the total 24-hour volume of the crypto market.

Bitcoin (BTC) dominance is now 42.19 percent. The BTC price fell by around 10.22 percent in the last 24 hours. At the time of writing, BTC was trading at $ 19,099. In the last 7 days, the BTC price has fallen by 10.16 percent.

Bitcoin fell by over 8% in the past week, falling around the $ 19,000 level. The general market sentiment has improved marginally, but remains in the zone of “extreme fear”. Interestingly, chain data suggest that whales with over 1000 BTC accumulates strong token despite the negative sentiment around it.The daily trend for BTC goes within a declining channel pattern.The next key support is expected to be $ 14,000.The daily RSI is slightly below the 30 level, and coils in the oversold zone, said analysts at the WazirX Trade Desk in a note with FE Online.

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OGN surpasses BTC

Origin Protocol (OGN) has surpassed Bitcoin and other top cryptocurrencies in the last 24 hours. Ranked 158 on CoinmarketCap, OGN traded 15.22% higher than yesterday at $ 0.323.

Origin Protocol (OGN), a platform for building peer-to-peer marketplaces and e-commerce applications, has gained over 20% in the last 24 hours to be the best performance and surpass Bitcoin significantly. The increase in price for OGN is probably due to the huge airdrop event planned this month, analysts said.

Vauld suspends withdrawals

Faced with financial challenges, Coinbase-backed cryptocurrency exchange Vauld has suspended withdrawals, deposits and all trading activities on its platform. Oslo Børs has witnessed withdrawals worth more than $ 197 million since June 12.

Change in cryptocurrency index

The Crypto Rupee Index (CRE8) of CoinSwitch increased 0.11 percent in the last 24 hours to Rs 2257 at the time of writing. CRE8 tracks the performance of the crypto market in INR.

Narrow price action

“Most of the best cryptocurrencies have formed small candlesticks in recent days. This indicates that price action remained within a very narrow range. This consolidation, which extends over a few days, can usually be considered a good sign. It allows the market to recover from the bearish “The key levels to watch out for will be $ 18,850 support and $ 21,000 resistance in bitcoin,” said Edul Patel, CEO and co-founder of crypto-investment platform Mudrex.

Top crypto prices July 4th

Ethereum (ETH): Ethereum price fell 1.34 percent to $ 1049 in the last 24 hours. In the last 7 days, the ETH price has fallen by 14 percent. It is currently ranked as the second largest crypto asset in terms of market value.

Binance (BNB): The price of the Binance Chain coin fell 1.2 percent to $ 216 in the last 24 hours. In the last 7 days, the BNB price has fallen by 9.23 percent. It is currently ranked as the fifth largest cryptocurrency in terms of market value.

XRP: The price of the XRP coin increased by 1 percent to $ 0.3158 over the last 24 hours. Over the last 7 days, the XRP price has fallen by 13.14 percent. It is currently ranked as the 7th largest crypto in terms of market value.

Solana (SOL): The Solana price fell slightly by 0.45 percent to $ 32.72 in the last 24 hours. In the last 7 days, the SOL price has fallen by 18.27 percent. It is currently ranked as the ninth largest crypto asset in terms of market value.

Cardano (ADA): The price of the Cardano token fell 0.52 percent to $ 0.4476 in the last 24 hours. In the last 7 days, the ADA price has decreased by 10.4 percent. It is currently ranked as the eighth largest crypto asset in terms of market value.

The price of Dogecoins (DOGE) has fallen by around 0.33 percent in the last 24 hours. DOGE is currently ranked 10th in terms of market value. The price of DOGE at the time of this report was $ 0.06597.

The price of Polkadot (DOT) fell by 0.34 percent to $ 6.71. The Avalanche (AVAX) price increased by around 4 percent to $ 16.25 in the last 24 hours. Both DOT and AVAX are currently ranked 12th and 17th on CoinMarketCap, respectively.

The Polygon (Matic) price fell by around 5.22 percent to $ 0.4552 in the last 24 hours. Over the last 7 days, the price of MATIC has fallen by around 20 percent. It is currently ranked number 18 on CoinMarketCap.

Shiba Inu (SHIB) fell nearly 0.27 percent in the last 24 hours to $ 0.000009982. It is currently ranked 15th on CoinMarketCap.

(Cryptos and other virtual digital assets are unregulated in India. They are considered extremely risky for investment. Consult your financial advisor before making an investment decision)