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Bitcoin News

July 28: Bitcoin up by 7% in a day

Bitcoin up by 7% in a day
Image by Johannes Blümel from Pixabay

On July 28, cryptocurrency prices are in the green. The worldwide cryptocurrency market valuation is $1.54 trillion. They went up 6.42 per cent from the previous day. Moreover, the total crypto market volume is $95.67 billion, dropping 17.17 per cent in the last 24 hours.

Volume of Stable Coin

The overall volume of all stable coins is now $77.58 billion. Therefore, accounting for 81.09 per cent of the entire 24-hour volume of the crypto market. Additionally, Bitcoin’s price is currently $36,982.76, and its market share is 48.35 per cent, up 0.54 per cent from yesterday.

Dubai Stock Exchange

This follows the launch on Wednesday of the Middle East’s first bitcoin fund on the Dubai Stock Exchange, with Canadian digital asset management 3iQ Corp hoping to raise about $200 million in the offering.

“3iQ Corp., Canada’s largest digital asset investment fund manager… today officially listed The Bitcoin Fund on Nasdaq Dubai, the region’s international exchange,” stated the bourse in a statement.

The Market Overview

The following are the values of the ten biggest cryptocurrencies as of 7.29 a.m. on July 28 (taken from https://coinmarketcap.com)-

S. NO.NAMEPRICE24H %7D %MARKET CAPVOLUME (24H)CIRCULATING SUPPLY
1Bitcoin BTC$39,878.938.09%33.98%$747,162,062,964$35,190,103,336 883,974 BTC18,768,675 BTC
2Ethereum ETH$2,310.096.75%30.16%$269,871,095,708$22,406,856,311 9,703,339 ETH116,868,282 ETH
3Tether USDT$1.000.03%0.02%$61,816,678,483$66,964,109,995 66,941,265,475 USDT61,795,589,988 USDT
4Binance Coin BNB$313.684.33%18.35%$52,722,138,141$1,836,329,063 5,856,267 BNB168,137,036 BNB
5Cardano ADA$1.295.57%22.44%$41,254,332,957$2,047,105,233 1,589,928,532 ADA32,041,069,499 ADA
6XRP XRP$0.654.81%22.86%$29,889,380,957$2,708,066,752 4,196,045,019 XRP46,312,443,360 XRP
7USD Coin USDC$1.000.02%-0.00%$27,220,953,075$3,208,151,538 3,207,323,315 USDC27,213,925,661 USDC
8Dogecoin DOGE$0.215.47%19.41%$26,997,990,019$2,073,867,243 10,032,922,275 DOGE130,610,450,787 DOGE
9Polkadot DOT$14.487.58%32.24%$14,119,115,062$1,080,612,866 74,918,839 DOT978,877,584 DOT
10Binance USD BUSD$1.000.00%-0.02%$12,161,814,810$5,741,097,409 5,740,047,637 BUSD12,159,590,996 BUSD
Market Overview

Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Crypto is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Crypto market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.