Cardano and BNB lose more than 2% when Bitcoin drops below $30,400

Despite the lower-than-expected inflation numbers for June, the cryptocurrency markets remained in the red on Thursday. Ethereum (ETH) went below the 1,900 mark while Bitcoin (BTC) dropped 1.21% to $30,357. The volume of Bitcoin was $14.62 billion, up 23.46% in the previous day. The price of bitcoin has been stable above $30,000 since late June. Positive US CPI inflation numbers haven't yet moved the market, and $31,000 is a significant area of resistance. Ethereum is still lagging behind the top asset priced under $1,900. This phase of consolidation will come to an end with a break on either side, and there is a good chance that the following few weeks will see a major rally. The price of other popular crypto tokens also decreased. Additionally trading down were BNB, Polygon, Cardano, Dogecoin, and Solana. Around $1.18 trillion worth of cryptocurrencies were trading at a lower price, down 1.16% in the previous day. The total volume in DeFi is currently $2.07 billion, 6.74% of the total crypto market 24-hour volume. The volume of all stablecoins is now $27.88 billion, which is 90.58% of the total crypto market 24-hour volume. The largest cryptocurrency in the world by market cap, Bitcoin, was valued at almost $590 billion. According to CoinMarketCap, the market share of Bitcoin is currently 49.92%, a drop of 0.04% from the previous day. With resistance close to $31,000 and significant resistance at $31,350, bitcoin is currently in an uptrend and is trading at $30,380. If the price successfully breaks above $31,350, it may move towards additional targets near $32,500 or possibly higher to $34,150. Cryptocurrency Price Today Bitcoin Price Today | $30,357 Ethereum Price Today | $1,874 Tether Price Today | $1 BNB Price Today | $244 XRP Price Today | $0.471 Cardano Price Today | $0.2878 Dogecoin Price Today | $0.06498 Solana Price Today | $21.93 Polygon Price Today | $0.7313 Litecoin Price Today | $99.92 Polkadot Price Today | $5.18 Tron Price Today | $0.07791 Shiba Inu Price Today | $0.000007493 (Note: Price change in last 24 hours)