Explore the latest industry news, insightful data, and exciting updates from CoinMarketCap.
Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  Í â  â  â [CoinMarketCap Spotlight Logo](~/AAQRxQA~/RgRohhEkP0QraHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS8_bGlkPXdmbzRvaTUwNG13YVcDc3BjQgpmmiSMo2aPc0ufUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) â Bitcoin surges past $67K. As the crypto community buzzes with excitement, Bitcoin's price is on the move again. With Trump set to take the stage at the Bitcoin Conference, all eyes are on the digital gold. Is this rally a sign of things to come, or just pre-speech hype? And what just happened to Ethereum? Let's see what's driving the market! Where Are We Heading? Bitcoin's showing its resilience, bouncing back as the crypto community eagerly awaits Donald Trump's speech at the Bitcoin conference. Adding fuel to the fire, Presidential Candidate Robert F. Kennedy Jr. just stated "I put most of my wealth into Bitcoin. I am fully committed." Meanwhile, Ethereum's much-anticipated ETF launch didn't quite live up to the hype, with prices taking a dip instead of soaring to new heights. This "sell the news" event saw ETH briefly dip below $3,100, a stark contrast to its recent $3,500+ levels. [Meme of the day] The culprit? A hefty $327 million outflow from Grayscale's ETHE in just one day. Cast your mind back to January 2024, when spot Bitcoin ETFs hit the market. There was a similar pattern: initial excitement drove prices up, followed by a quick reality check. Bitcoin surged to nearly $46,000 on the day of the ETF launch, only to retreat to around $40,000 within two weeks. [Wallet addresses holding Bitcoin] So the current price action doesn't mean the ETH ETFs are a flop. Far from it. These market reactions are often short-term noise in the grand scheme of things. Wanna hear something interesting? Amid this stock market weakness, Bitcoin is holding up relatively well (and is really up at $67K now), showcasing its potential as a store of value in uncertain times. What's truly intriguing is the shift in crypto's perception among influential figures. Donald Trump speaking at a Bitcoin conference? That would've been unthinkable a few years ago when crypto was under constant regulatory fire. This evolving narrative could have far-reaching implications for the market's future. It's not just about price movements; it's about mainstream acceptance and integration. For Ethereum specifically, keep tabs on those ETF inflows. If it can attract even a fraction of Bitcoin's inflows over time, we could see a sharp recovery. So What Should You Do? In times like these, it's crucial to stick to your investment strategy. If you believe in the long-term potential of crypto, consider dollar-cost averaging (hereâs [how to do it](~/AAQRxQA~/RgRohhEkP0RYaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvd2hhdC1pcy1kb2xsYXItY29zdC1hdmVyYWdpbmc_bGlkPTU1YnY5NHh2d3o2MVcDc3BjQgpmmiSMo2aPc0ufUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~)) to smooth out short-term volatility (but again, NFA!) Stay informed about technological developments and regulatory changes, as these often have more lasting impacts than day-to-day price fluctuations. And always ensure your portfolio is diversified to manage risk. If you're using the [CMC mobile app](~/AAQRxQA~/RgRohhEkP0QyaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9tb2JpbGUvP2xpZD1oMjlyejlwaTFzYTZXA3NwY0IKZpokjKNmj3NLn1IbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc), consider setting up price alerts for Ethereum. It's a handy way to stay on top of sharp price movements and keep informed about new developments in the Ethereum ecosystem. Now, let's dive into today's top crypto news. Here's the TLDR: - Ethereum ETFs face day 2 blues with massive outflows. [Whatâs](~/AAQRxQA~/RgRohhEkP0SKaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvc3BvdC1ldGhlcmV1bS1ldGZzLXNhdy1kb2xsYXIxMTMtaW4tb3V0Zmxvd3MtZHJpdmVuLWJ5LWdyYXlzY2FsZS1ldGhlcmV1bS10cnVzdD9saWQ9azg1ZXpud3loeDU4VwNzcGNCCmaaJIyjZo9zS59SG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~) causing the trouble? ð
- VanEck believes Bitcoin could $52 million by 2050. So, what's fueling VanEckâs crypto fever dream? [Read the full story](~/AAQRxQA~/RgRohhEkP0SFaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvdmFuZWNrLXByZWRpY3RzLWJpdGNvaW5zLXByaWNlLWNvdWxkLXNreXJvY2tldC10by1kb2xsYXI1Mi1taWxsaW9uLWJ5LTIwNTA_bGlkPWJ3NGx2ZGZkbXc5Y1cDc3BjQgpmmiSMo2aPc0ufUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~)! ð
- Wall Street struggles to sell Ethereum's narrative to investors. So it all comes down to the ânarrativeâ for Ethereum? Or[is it](~/AAQRxQA~/RgRohhEkP0R7aHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvMTB4LXJlc2VhcmNoLXdhbGwtc3RyZWV0LXN0cnVnZ2xlcy10by1kZWZpbmUtZXRoZXJldW0tZXRmcy12YWx1ZT9saWQ9dDRrczF6bHM2Z2JqVwNzcGNCCmaaJIyjZo9zS59SG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~) just the initial lack of interest, as we previously discussed? ð¼
- Trump's campaign scores $3 million in crypto donations. Any other presidential candidate [showing](~/AAQRxQA~/RgRohhEkP0SEaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvdHJ1bXAtY2FtcGFpZ24tc3VyZ2VzLXdpdGgtZG9sbGFyMy1taWxsaW9uLWluLWNyeXB0by1kb25hdGlvbnMtaW4tcTItMjAyND9saWQ9YjVlOXQ2dHI1bXl5VwNzcGNCCmaaJIyjZo9zS59SG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~) full support for crypto? ð°
- RFK Jr. proposes backing U.S. reserves with Bitcoin. But [how many](~/AAQRxQA~/RgRohhEkP0SFaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvcm9iZXJ0LWYta2VubmVkeS1qci1wcm9wb3Nlcy1tYXNzaXZlLWJpdGNvaW4tcmVzZXJ2ZS1mb3ItdGhlLXVzLWdvdmVybm1lbnQ_bGlkPTdqNGJlZDRpa2JiM1cDc3BjQgpmmiSMo2aPc0ufUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) Bitcoins does the U.S. government has in possession right now? ðï¸ Letâs dive in after the market overview! MARKET OVERVIEW GLOBAL MARKET CAP
$2.39T
▲3.68% (24h)
24H MARKET VOLUME
$80.66B
▼5.16% (24h) BITCOINâS DOMINANCE
55.36%
▲0.53% (24h)
FEAR & GREED INDEX
59
Neutral [Bitcoin] Bitcoin
$67,200.11
▲4.67% (24h) [Ethereum] Ethereum
$3,243.89
▲2.12% (24h) [BNB] BNB
$577.01
▲2.19% (24h) [ALL CRYPTO PRICES/DATA »](~/AAQRxQA~/RgRohhEkP0QraHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS8_bGlkPTM3Y3hvdGY0eWFlM1cDc3BjQgpmmiSMo2aPc0ufUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) [TRENDING CRYPTO »](~/AAQRxQA~/RgRohhEkP0RFaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS90cmVuZGluZy1jcnlwdG9jdXJyZW5jaWVzLz9saWQ9cWdhN21kZTNlNnBsVwNzcGNCCmaaJIyjZo9zS59SG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~) [NEW LISTINGS ON CMC »](~/AAQRxQA~/RgRohhEkP0QvaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9uZXcvP2xpZD1jb294NWV5cHowanFXA3NwY0IKZpokjKNmj3NLn1IbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc) [TRENDING DEX PAIRS »](~/AAQRxQA~/RgRohhEkP0RAaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9kZXhzY2FuL3RyZW5kaW5nL2FsbC8_bGlkPW4ycXNsbHBsdnVjbFcDc3BjQgpmmiSMo2aPc0ufUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) Data as of: 26 Jul 2024 11:40 UTC TOP GAINERS 24H% [White Yorkshire] [White Yorkshire](~/AAQRxQA~/RgRohhEkP0Q1aHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9jdXJyZW5jaWVzL3doaXRlLXlvcmtzaGlyZS9XA3NwY0IKZpokjKNmj3NLn1IbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc) ▲2342.97% [DOGO] [DOGO](~/AAQRxQA~/RgRohhEkP0QqaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9jdXJyZW5jaWVzL2RvZ28vVwNzcGNCCmaaJIyjZo9zS59SG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~) ▲825.6% [American pepe] [American pepe](~/AAQRxQA~/RgRohhEkP0QzaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9jdXJyZW5jaWVzL2FtZXJpY2FuLXBlcGUvVwNzcGNCCmaaJIyjZo9zS59SG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~) ▲769.77% TOP LOSERS 24H% [Larry] [Larry](~/AAQRxQA~/RgRohhEkP0QxaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9jdXJyZW5jaWVzL2xhcnJ5LXRva2VuL1cDc3BjQgpmmiSMo2aPc0ufUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) ▼95.59% [Black Phoenix] [Black Phoenix](~/AAQRxQA~/RgRohhEkP0QzaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9jdXJyZW5jaWVzL2JsYWNrLXBob2VuaXgvVwNzcGNCCmaaJIyjZo9zS59SG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~) ▼92.37% [CATX] [CATX](~/AAQRxQA~/RgRohhEkP0QqaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9jdXJyZW5jaWVzL2NhdHgvVwNzcGNCCmaaJIyjZo9zS59SG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~) ▼90.46% â Ethereum ETFs' Day Two Blues Day two of ETH ETF launch brought a $113.3 million net outflow. But this isn't an "all ETFs created equal" situation. The big bad wolf here is Grayscale's Ethereum Trust (ETHE), which saw $326.9 million walk out the door. Remember when ETHE was the only game in town for institutional Ether investors? Well, now that it's converted to a spot ETF, those investors are free to sell. But any chance of this sell-off calming down any time soon? And is this capital outflow exiting the crypto market for good? [Read the full story](~/AAQRxQA~/RgRohhEkP0SKaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvc3BvdC1ldGhlcmV1bS1ldGZzLXNhdy1kb2xsYXIxMTMtaW4tb3V0Zmxvd3MtZHJpdmVuLWJ5LWdyYXlzY2FsZS1ldGhlcmV1bS10cnVzdD9saWQ9cG42dmZjdm93NmozVwNzcGNCCmaaJIyjZo9zS59SG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~)! â Bitcoin $52 Million per Coin by 2050? VanEck just made a prediction that's making even the most bullish crypto enthusiasts do a double-take. They're saying Bitcoin could hit $2.9 million per coin by 2050. In their wildest dreams, they see BTC soaring to $52 million!! And no, that's not a typo. So, what's fueling VanEckâs crypto fever dream? [Read the full story](~/AAQRxQA~/RgRohhEkP0SFaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvdmFuZWNrLXByZWRpY3RzLWJpdGNvaW5zLXByaWNlLWNvdWxkLXNreXJvY2tldC10by1kb2xsYXI1Mi1taWxsaW9uLWJ5LTIwNTA_bGlkPXI4ZDNzY2I5OG1xdVcDc3BjQgpmmiSMo2aPc0ufUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~)! â All You Need To Know About the Ethereum Spot ETF Launch [All You Need To Know About the Ethereum Spot ETF Launch](~/AAQRxQA~/RgRohhEkP0RyaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvYWxsLXlvdS1uZWVkLXRvLWtub3ctYWJvdXQtdGhlLWV0aGVyZXVtLXNwb3QtZXRmLWxhdW5jaD9saWQ9MWp6ZnQyeDJyam9sVwNzcGNCCmaaJIyjZo9zS59SG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~) Ethereum spot ETFs were finally approved by the SEC, opening the door for institutional and retail investors to gain exposure to ETH. [Read More](~/AAQRxQA~/RgRohhEkP0RyaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvYWxsLXlvdS1uZWVkLXRvLWtub3ctYWJvdXQtdGhlLWV0aGVyZXVtLXNwb3QtZXRmLWxhdW5jaD9saWQ9d2o2ZHc0d3Fnb3I2VwNzcGNCCmaaJIyjZo9zS59SG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~) â Wall Street's Ethereum ETF Dilemma: Lost in Translation Wall Street's having a bit of an crisis when it comes to Ethereum ETFs. 10X Research just released a report that says the suits are struggling to sell Ethereum's story to an average investor. BlackRock tried to pitch ETH as "a bet on blockchain technology." But that's like trying to sell a smartphone by talking about its microchips. It's just not clicking with the Wall Street crowd. So it all comes down to the ânarrativeâ for Ethereum? Or is it just the initial lack of interest, as we previously discussed? [Read the full story](~/AAQRxQA~/RgRohhEkP0R7aHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvMTB4LXJlc2VhcmNoLXdhbGwtc3RyZWV0LXN0cnVnZ2xlcy10by1kZWZpbmUtZXRoZXJldW0tZXRmcy12YWx1ZT9saWQ9MGt6cWhtb3NpeG9iVwNzcGNCCmaaJIyjZo9zS59SG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~)! â Trump Got $3 Million in Digital Donations Trump's campaign just hit the crypto jackpot. The former president's reelection bid raked in $3 million in digital assets in Q2 2024. But here's where it gets interesting. The Winklevoss twins, crypto's dynamic duo, pledged $2 million in Bitcoin. Kraken's Jesse Powell? He's all in with $1 million in Ether. There's just one catch - those contribution limits. The campaign had to do some refunding gymnastics to keep things legal. Even billionaires have to play by the rules. All in all, Trump's campaign pulled in over $118 million in Q2, with crypto making up a nice chunk of that. But what about Harris now? Isnât she showing her mild support for crypto too? [Read the full story](~/AAQRxQA~/RgRohhEkP0SEaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvdHJ1bXAtY2FtcGFpZ24tc3VyZ2VzLXdpdGgtZG9sbGFyMy1taWxsaW9uLWluLWNyeXB0by1kb25hdGlvbnMtaW4tcTItMjAyND9saWQ9cmx6em9nMnkxOG9tVwNzcGNCCmaaJIyjZo9zS59SG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~)! â Enhance Your Strategy with Portfolio Tracker Insights Did you know that diversifying your portfolio can reduce risk and enhance returns? Utilize CoinMarketCapâs Portfolio Tracker to analyze your investment spread and gain insights on diversification strategies that could optimize your portfolio performance. [Create Your Portfolio](~/AAQRxQA~/RgRohhEkP0SUaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9wb3J0Zm9saW8tdHJhY2tlci8_dXRtX3NvdXJjZT1uZXdzbGV0dGVyJnV0bV9tZWRpdW09ZW1haWwmdXRtX2NhbXBhaWduPXVzZXJfc2lnbl91cCZ1dG1fY29udGVudD1wb3J0Zm9saW8mbGlkPTJkdmx2aDYxYWFjalcDc3BjQgpmmiSMo2aPc0ufUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) [CoinMarketCap Portfolio - Mobile](~/AAQRxQA~/RgRohhEkP0SUaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9wb3J0Zm9saW8tdHJhY2tlci8_dXRtX3NvdXJjZT1uZXdzbGV0dGVyJnV0bV9tZWRpdW09ZW1haWwmdXRtX2NhbXBhaWduPXVzZXJfc2lnbl91cCZ1dG1fY29udGVudD1wb3J0Zm9saW8mbGlkPWpuazgxdGN1aWszY1cDc3BjQgpmmiSMo2aPc0ufUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) â RFK Jr.'s Bitcoin U.S. Reserves The independent presidential candidate wants the federal government to buy enough Bitcoin to match its gold reserves. Kennedy's not shy about his Bitcoin enthusiasm. He calls it an "honest currency," praising its decentralized nature and transparency. He even stated, âI put most of my wealth into Bitcoin. I am fully committed.â Let's break down the numbers. The U.S. has 8,134 tons of gold, worth about $615 billion. To match that in Bitcoin? 9.4 million BTC. That's nearly half of all Bitcoin in existence. But how many Bitcoins does the U.S. government has in possession right now? 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