Crypto Market Update: July 24, 2026
Top Story
Bitcoin and Ethereum both retreated over the last 24 hours as risk appetite shifted downward across large caps. BTC slipped 0.54% to $65,467 on $21.9B volume, while ETH fell 2.07% to $1,886 on $14.3B volume. The broader tape leaned red, with XRP, SOL, DOGE, ADA, and AVAX all closing lower.
The market's dominant signal was risk reduction, not panic. Institutional flows told a mixed story: BTC ETFs posted a $225.1M net outflow on July 23, while ETH ETFs attracted $26.3M. That divergence matters because it shows capital rotating away from Bitcoin while Ethereum held modest inflows. BTC's 30-day ETF balance sits at -$2.14B despite a positive $593.1M over the last 7 days, signaling institutional hesitation.
The strongest moves came from outside the top tier. RIF (Rootstock Infrastructure Framework) jumped 44.23% on $409.5M volume, driven by Rootstock's ecosystem update highlighting 84% of Bitcoin's hashrate and over 40% of Bitcoin DeFi TVL. RE surged 42.89% on $121.4M volume after WhiteBIT launched spot trading and 100x leveraged perpetuals, triggering a short squeeze with $432.62K in liquidations. These moves point to single-name catalysts and speculative leverage, not broad market strength.
Fear & Greed sentiment sits at 27 (Fear zone), reflecting the risk-off tone. Crypto liquidations hit $192 million over 24 hours, with ETH seeing heavier long-side flushing ($7.95M of $9.24M total) than BTC ($2.36M of $4.58M). BTC open interest rose 5.92% to $49.10B while ETH open interest jumped 24.97% to $27.50B—traders are adding exposure without paying crowded-long premiums, as funding rates stayed near neutral.
Major Price Moves
Market Overview
Bitcoin ranked first at $65,467.14, down 0.54% in 24 hours, with $21.92B in volume. Ethereum ranked second at $1,886.90, down 2.07%, with $14.34B in volume. The top two majors softened while mid- and small-cap tokens rotated higher on idiosyncratic catalysts.
Top 10 Gainers
| Coin | Price | 24h % | 24h Volume | |
|---|---|---|---|---|
| RIF — Rootstock Infrastructure Framework | $0.1122 | 44.23% | $409.5M | |
| RE — RE | $0.6558 | 42.89% | $121.4M | |
| PONS — Pons | $0.0387 | 40.35% | $11.9M | |
| AKE — Akedo | $0.002510 | 34.27% | $102.6M | |
| CAGE — Future Colosseum | $0.001015 | 32.38% | $7.4M | |
| LA — Lagrange | $0.06843 | 26.08% | $73.5M | |
| CASHCAT — Cash Cat | $0.05513 | 25.91% | $15.9M | |
| BEAT — Audiera | $3.3907 | 25.26% | $16.0M | |
| BILL — Billions Network | $0.03117 | 23.33% | $27.6M | |
| CAP — Cap | $0.02573 | 16.52% | $16.4M |
Top 10 Losers
| Coin | Price | 24h % | 24h Volume | |
|---|---|---|---|---|
| VELVET — Velvet | $0.4322 | -16.29% | $18.9M | |
| STX — Stacks | $0.1448 | -13.39% | $22.4M | |
| B — BUILDon | $0.1831 | -10.86% | $17.4M | |
| PI — Pi Network | $0.08314 | -9.56% | $14.7M | |
| SKY — Sky | $0.05669 | -8.76% | $17.2M | |
| LIT — Lighter | $2.0891 | -7.58% | $28.8M | |
| WLFI — World Liberty Financial | $0.05638 | -6.62% | $135.3M | |
| KITE — Kite | $0.1097 | -5.93% | $276.5M | |
| EIGEN — EigenCloud | $0.2191 | -5.67% | $21.4M | |
| WIF — dogwifhat | $0.1451 | -5.24% | $34.4M |
Top 20 by Market Cap
| Rank | Coin | Price | 24h % | 24h Volume | Market Cap | |
|---|---|---|---|---|---|---|
| 1 | BTC — Bitcoin | $65,467.14 | -0.54% | $21.92B | $1.31T | |
| 2 | ETH — Ethereum | $1,886.90 | -2.07% | $14.34B | $227.72B | |
| 3 | USDT — Tether | $0.9992 | -0.02% | $40.50B | $184.01B | |
| 4 | BNB — BNB | $568.56 | -0.34% | $309.89M | $75.71B | |
| 5 | USDC — USDC | $0.9999 | — | $11.64B | $72.96B | |
| 6 | XRP — XRP | $1.1134 | -2.16% | $1.35B | $69.55B | |
| 7 | SOL — Solana | $75.8086 | -2.26% | $2.26B | $44.19B | |
| 8 | TRX — TRON | $0.3302 | 0.25% | $259.52M | $31.33B | |
| 9 | STETH — Lido Staked Ether | $1,884.80 | -2.09% | $13.17M | $17.60B | |
| 10 | HYPE — Hyperliquid | $58.7423 | -0.49% | $365.63M | $13.07B | |
| 11 | DOGE — Dogecoin | $0.06927 | -4.52% | $1.13B | $10.75B | |
| 12 | WSTETH — Wrapped stETH | $2,338.87 | -1.79% | $5.46M | $8.57B | |
| 13 | ZEC — Zcash | $506.43 | -1.12% | $664.69M | $8.50B | |
| 14 | WBTC — Wrapped Bitcoin | $65,357.07 | -0.29% | $81.85M | $7.59B | |
| 15 | WBETH — Wrapped Beacon ETH | $2,076.52 | -2.09% | $1.22M | $6.99B | |
| 16 | AUDM — Mento Australian Dollar | $0.6973 | -0.50% | $16.66K | $6.82B | |
| 17 | WBT — WhiteBIT Coin | $56.9309 | -0.92% | $25.55M | $6.72B | |
| 18 | XMR — Monero | $356.18 | 1.39% | $66.16M | $6.69B | |
| 19 | LINK — Chainlink | $8.4661 | -1.61% | $205.49M | $6.33B | |
| 20 | XLM — Stellar | $0.1832 | 0.09% | $175.45M | $6.26B |
Other Key Events
RIF surged on Rootstock ecosystem update
RIF jumped 44.23% on $409.5M volume after Rootstock highlighted 3,100 days of continuous operations, 21 million transactions, 84% of Bitcoin's hashrate, and over 40% of Bitcoin DeFi TVL. The move was fundamentals-driven, not a listing or airdrop. KuCoin's coverage tied the surge directly to the ecosystem update narrative. The $409.5M turnover makes this the clearest momentum test for follow-through.
RE triggered a short squeeze on WhiteBIT derivatives launch
RE gained 42.89% on $121.4M volume after WhiteBIT added RE/USDT and RE/USDC spot pairs and launched a 100x leveraged perpetual futures contract. CoinMarketCap reported $432.62K in liquidations over 24 hours, with $305K from shorts. The rally was speculative and thin-liquidity driven, not organic spot demand.
STX fell 13.39% on Upbit suspension notice
Stacks dropped 13.39% to $0.1448 after Upbit announced a temporary suspension of STX deposits and withdrawals starting July 29. The move hit liquidity in a key South Korean market. Stacks Labs released a Q2 2026 ecosystem report and launched Zest Protocol, but the exchange access loss dominated sentiment.
CLARITY Act stalls, regulatory uncertainty weighs on WLFI
WLFI fell 6.62% on $135.3M volume as CoinDesk reported the crypto market structure bill is likely to miss its pre-break deadline. Senate Democrats pushed back on revised ethics language, keeping the bill alive but delaying the next catalyst. KuCoin said the new ethics rules triggered a sell-off and market odds for the bill fell to 40% in 2026.
In Brief
- DeFi and bridge exploits hit $35.55 million in 24 hours. AFX Trade lost $24 million after bridge keys were compromised; Verus-Ethereum and other systems were also hit.
- Robinhood CEO Vlad Tenev's X account was hacked to promote a fake token called $VLAD, falsely claiming a Robinhood listing.
- BitMEX announced it will sunset its exchange on September 23, 2026.
- South Korea's Mirae Asset completed its acquisition of Korbit.
- BlackRock, Coinbase, and Strategy formed a $15 million consortium to prepare Bitcoin for quantum threats.
What to Watch
- BTC support near $65,000. A break below that level puts the $64,000 area in focus and could pressure majors further.
- ETH needs to reclaim $1,900. A close below that level keeps pressure on large-cap altcoins.
- RIF's $409.5M volume needs follow-through. A second strong session would confirm a real catalyst-driven move, not a one-day spike.
- RE's $121.4M turnover and 42.89% jump. Watch for a second-day continuation or a fade as short-squeeze momentum exhausts.
- STX liquidity around the July 29 Upbit suspension date. Watch whether the exchange gives a resumption timeline and whether STX holds the $0.16 area.
- July 29 Fed meeting. Markets are pricing roughly a 75% chance of a hold; a surprise cut or hawkish hold could shift macro sentiment.