Crypto Price Today (July 4): Bitcoin Dips Below $108K, XRP Forms Bullish Flag, ETH Falls Under $2.6K

The crypto Market is ending the week on a red note after experiencing a strong bullish run over the past day. Currently, major cryptocurrencies have lost a bit of their momentum as the market retires for the weekend.

Bitcoin Lost $108K Stand

At the time of writing the report, Bitcoin (BTC) is in a nose dive down below $108,00,0, which it recently regained. The price is holding steady at around $107,873. This is down 1.64% recorded in the last 24 hours from an intraday high of $110.360. 

Bitcoin (BTC) Daily Price Chart | Source: TradingView

Trading activities have also decreased with a 32% drop over the same period to $40 billion and a 1.64% drop in market capitalization to $2.14 trillion. However, looking at the daily chart via TradingView, the price has formed a bullish flag pattern, as it consolidated downwards from May 17, 2025. This suggests that a rally might come soon, with a possibility of reaching a new high record. But, on the immediate trend, the market is bearish after tapping off a resistance zone at $110,718.

XRP Eyes $3.20 Amid Bullish Pennant

XRP seems to share a similar price action with Bitcoin. Its price dropped by 2.63 in 24 hours after tapping off a demand zone at $2.30. Currently, XRP is trading for $2.22. The price has been stuck between the resistance zone of $2.61 and the support zone $1.9 since last December, creating a bullish pennant flag on the way. The flag usually suggests that a rally might come soon, and analysts have projected a target of $3.20 if the price breaks out of the pattern. This is a 43% rally from its current price. 

Ripple (XRP) Daily Price Chart | Source: TradingView

However, the immediate trend is settling. Trading activities have dropped by a massive 52% today alone to $2.33 billion, with a 2.26% drop in market cap, according to CoinMarketCap.

ETH Drops Below $2,600

Ethereum ETH price has also lost 2.87% of its recent gains. At the moment, the price is hovering around $2500 from a daily high of $2,602. Trading volume has also dropped massively, currently at a minus 43% today to $15 billion in trading volume with a market cap of $302 billion.

Ethereum ETH Price Chart | Source: CoinMarketCap

Trending Cryptos Today

• Humanity Protocol (H)
• 48 Club Token (KOGE)
• Strike (STRK)
• Blast (BLAST)
• CARV (CARV)
• FUNToken (FUN)

Top Gainers & Losers Today

Crypto Market Cap Overview

With the drop in momentum, the overall market cap is down by 1.81%. This is in 24 hours with a 33.39% drop in its trading volume. Currently, the market valuation is at $3.32 trillion, according to CoinMarketCap.

Meanwhile, the Fear & Greed index is holding steady at 54. This means that sentiment is good and slightly bullish. Additionally, about 80,233 have been liquidated in the last 24 hours, resulting in over $176 million lost. $137 million of that came from traders betting on long positions, while $38.52 million came from shorts. Majorly of the bets were on Bitcoin (BTC), based on data from Coinglass .