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MKR looks primed to continue the rally given its recent buyback mechanism and two other key metrics that impact Maker’s price.

Bitcoin price is down today as investors expect the Federal Reserve to raise rates and crypto whales send record amounts of BTC to exchanges.

The latest price moves in crypto markets in context for July 24, 2023.

Bitcoin is at the pivotal 50-day SMA support, and a drop below this level could result in accelerated selling of BTC and altcoins.

One analyst pointed out the $27,000 level could be a short-term target for bitcoin amid the lack of positive news.

The balance kept in addresses that hold coins for at least 155 days has increased by $1.87 billion this month.

XRP price is down today, like other top crypto assets, as traders anticipate a Federal Reserve rate hike this week.

One token zoomed 1,200% even though its related project closed in May, data shows.

Bitcoin whales account for the most exchange inflows volumewise since June 2022 as short-term holders become increasingly active.

The highly anticipated project co-founded by OpenAI's Sam Altman launched its token on Monday.
- 09:40Bitcoin market dominance drops to 57.35%, nearing the lowest level of the yearOn September 13, according to market data, Bitcoin dominance (BTC.D) has now dropped to 57.35%, approaching the yearly low of 56.63% set on January 4, 2025. Matrixport previously stated that a continued decline in Bitcoin dominance would signal the true arrival of altcoin season.
- 09:29Data: EXO market cap surpasses 110 million USD, up over 770% in the past 24 hoursAccording to ChainCatcher, based on GMGN data, EXO's market capitalization briefly surpassed 110 million US dollars and is now reported at 105 million US dollars, with an intraday increase of over 770%. Meme coin prices are highly volatile, so investors are advised to participate with caution.
- 09:29USDT market capitalization surpasses $170 billion, reaching a new all-time highJinse Finance reported that, according to the latest data from Coingecko, the market capitalization of the US dollar stablecoin USDT, issued by stablecoin issuer Tether, has surpassed 170 billions USD, currently reaching 170,085,261,371 USD, setting a new all-time high. The trading volume in the past 24 hours reached 102,711,488,564 USD.