Stable Bitcoin Price
Bitcoin’s price remained stable, trading within a narrow range with low volatility. On July 2, Bitcoin traded at around $62,828 on Binance against the stablecoin USDT. Its market capitalization stood at $1.24 trillion. Over the past 24 hours, Bitcoin’s price saw little change.
Ongoing Investor Inflows
Investor inflows into American spot Bitcoin ETFs continued for the fifth consecutive day. On July 1, the total inflow reached $129 million. The Fidelity Bitcoin Trust (FBTC) led with $65 million, followed by the Bitwise Bitcoin ETF (BITB) with $41 million.
Ethereum’s Performance
Ethereum, the second-largest cryptocurrency by market capitalization, remained above $3,400. As of 10:00 AM MST, ETH traded at $3,451.
Other Major Cryptocurrencies
Other major cryptocurrencies, including Ripple’s XRP, Binance’s BNB, Cardano (ADA), Dogecoin (DOGE), and Solana (SOL), mirrored Bitcoin’s movement. Their prices changed between 1% and 3%. Toncoin (TON) saw the highest increase, rising 2.8% to $7.8.
Top Gainers and Losers
Among the top 100 cryptocurrencies by market capitalization, Bonk (BONK) showed the most significant growth, rising 10% in the past 24 hours. Starknet (STRK) experienced the largest decline, falling 6.3%.
