Crypto On Aug. 4: Bitcoin At $23,000, Ether Retains $1,600

KEY POINTS

Bitcoin dominance fell below 41% and Ether outperformed BTC
Biggest gainers include LIDO, OP, and BNB
Poor performers include BTT, XMR, and ROSE

The crypto market opened on a bullish note Thursday as Bitcoin (BTC) reclaimed $23,000 after losing it overnight while Ether (ETH) retained $1,600. The leading cryptocurrencies rose by 1.17% and 2.02% in the last 24 hours.

As per data from CoinMarketCap, the price of 1 BTC stood at 23,140 while 1 ETH was priced at $1,653 as of 12:31 a.m. ET. Moreover, the market dominance of BTC dipped below 41% to 40.96% while ETH's dominance rose to 18.68%.

Bitcoin and Ether are both approaching their respective resistance zones, i.e., above $24,000 and $1,700, respectively.

The best performers as of 12:32 a.m. ET included Uniswap (UNI) which rose 9.07% to $9.01; BNB which rose 7.77% to $305.34; Near Protocol (NEAR) which rose 9.74% to $4.67; Chainlink (LINK) which rose 3.25% to $7.47; and Cosmos (ATOM) which rose 4.54% to $10.47.

The poor performers as of 12:33 a.m. ET included BitTorrent (BTT) which dropped 0.45% to $0.0000009773; Bitcoin Gold (BTC) which dropped 1.15% to 29.46; Oasis Network (ROSE) which dropped 0.48 to $0.08336; and Monero (XMR) which dropped 1.01% to $159.88.

Some other notable performers as of 12:34 a.m. ET included Holo (HOT) which rose 10.54% to $0.002469; Optimism (OP) which rose 28.26% to $2.14; 1inch Network (1INCH) which rose 8.33% to $0.8101; and Lido Dao (LIDO) which rose 17.31% to $2.66.