Crypto Market Today: Mixed Signals as SEC Complaint Against Binance, Mt. Gox BTC Transfer Impact Prices

The global crypto prices today have shown mixed trading patterns as volatility rises. An overview of the crypto heat map reveals a substantial

The global crypto prices today have shown mixed trading patterns as volatility rises. An overview of the crypto heat map reveals a substantial part of the market trading in red while the others in green. Within the last 24 hours, some updates have impacted the movement of the coins in the market. One such is the amendment of the SEC complaint against the Binance exchange. Another notable factor is the recent 45k BTC transfer by the defunct Mt. Gox crypto exchange.

At the same time, the sentiment surrounding the crypto market appears to have dropped from 68 points to 61 even though the two figures represent ‘greed’ according to the crypto fear and greed index data. Within this time, BTC has dropped as low as $65 while ETH has slipped below the $3,300 mark. Also, the total crypto market cap has lost about 0.57% of its value to $2.39 trillion.

Top Crypto Prices UpdateThe Mt. Gox creditor repayment and the upcoming FOMC meeting have greatly impacted the price trajectory of Bitcoin. Moreover, the volatility of BTC is expected to intensify ahead of the FOMC meeting as per expert analyst predictions. At press time, BTC traded at $66,337 representing a 0.77% decline in one day. Additionally, Soso Value data illustrates that only $18.3 million was recorded as daily total net inflow for spot Bitcoin ETF as of July 30.

Ethereum (ETH) has also failed to gain momentum in the last 24 hours. The approval of the 9 spot ETH ETF by the SEC has failed to trigger the anticipated impact on the price of the coin. Within the recorded time, the price of ETH has seen a 0.51% reduction to trade at $3,265. Ethereum has touched the lows and highs of $3,253.64 and $3,363 respectively.

Other Altcoin PricesMeanwhile, the price of Solana (SOL) has taken a different route, spiking by 1.48% to $183.89 in the last 24 hours. Moreover, SOL had its bottoms and tops at $ 176.47 and $183.88 respectively. An overview of Solana’s weekly chart shows that the coin still enjoys a 4.20% increase.

Ripple-backed XRP token has recorded the most gains among the top ten cryptos after surging by 8.45% to trade at $0.6489. Interestingly, XRP has traded between $0.5976 and $0.6573 in one day.

Meanwhile, Binance Coin (BNB) has increased by 2.49% to $587.52, maintaining a bottom and top range of $569.70 and $588.49 respectively. Also, Toncoin (TON) has reversed its downtrend, jumping by 2.38% to $6.81. Its one-day lows and highs were $6.61 and $6.81.

On the memecoin front, Dogecoin (DOGE) and Shiba Inu (SHIB) have declined in the last 24 hours. While DOGE saw a notable 3.05% loss, SHIB recorded a decline of 2.69%. Consequently, DOGE and SHIB are now trading at $0.125 and $0.00001633 respectively.

Top Trending Gainers TodayNeiro Ethereum (NEIRO) surged by 100.55% to $0.121

Gold Standard (BAR) climbed 61.69% to reach $16.89

CLYDE (GUZUTA) gained 32.26% to $0.000000004722

Jito (JTO) moved up by 4.08% to $3.29

The global crypto market began the week with notable gains. However, today, the momentum seems to have died down and the majority of the tokens have lost previous gains. While the general market sentiment seems positive, it will be interesting to see how the market will end the week.