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Crypto Market Mixed; Bitcoin at $64,032, Ethereum at $1,804

2026/07/12 11:02Browse 0

The cryptocurrency market showed mixed trading on July 12, 2026, with Bitcoin edging lower while Ethereum posted a slight gain. According to TokenPost Market, Bitcoin fell 0.13% over the past 24 hours to $64,032 as of 12:07 PM KST, while Ethereum rose 0.55% to $1,804.

Altcoins and Market Cap

Most major altcoins traded in the red. XRP dropped 0.92%, BNB slipped 0.12%, Solana fell 1.21%, Dogecoin declined 1.34%, and Tron decreased 0.22%. The total altcoin market capitalization stood at $91.15 billion, with 24-hour trading volume of $30.79 billion. The overall crypto market cap was $2.20 trillion, and total 24-hour volume reached $47.02 billion.

Bitcoin and Ethereum Dominance

Bitcoin's market dominance slipped 0.02 percentage points to 58.49%, while Ethereum's dominance rose 0.06 points to 9.91%. The slight shift suggests some capital rotation from Bitcoin into major altcoins, though the overall market lacked clear direction.

DeFi, Stablecoins, and Derivatives

DeFi market conditions weakened, with total market cap at $67.14 billion and 24-hour volume of $7.48 billion, down 9.54%. Stablecoin activity also contracted: market cap was $282.34 billion, but 24-hour volume plunged 25.29% to $48.87 billion. Derivatives trading slowed significantly, with 24-hour volume of $394.80 billion, down 30.86% from the previous day.

The broad decline in both spot and derivatives volumes points to increased short-term caution among traders. Analysts suggest waiting for key support levels to be confirmed before taking new positions, as the market appears to be in a wait-and-see mode.

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