Crypto News Today July 24: BTC and ETH Drops, Defi Market Rises 9.8%

Top 15 Crypto News Today Covers MoonPay, UK Crypto Tax, Hyperliquid

Overall Cryptocurrency News, 24 July 2026: The market fell 1.3% to $2.3 trillion today, with Bitcoin and Ethereum both declining while DeFi surged 9.8% and Fear & Greed sentiment dropped to 28, signaling deepening caution.

Crypto Market Last 24 Hours Update: Prices, Volume & Trends

The global cryptocurrency market today reached a capitalization of $2.3 trillion, with an overall drop of 1.3% in the last 24 hours, while total trading volume was recorded at $58.9 billion.

Bitcoin’s (BTC) dominance in the industry remains strong at 56.6%, while Ethereum (ETH) holds 9.82%. The largest gainers in the industry over the past day are Polkadot and the XRP Ledger Ecosystem.

Bitcoin (BTC) and Ethereum (ETH) Price Analysis:

(Note: BTC and ETH are often viewed as less volatile historically, but still risky. The data is recorded from CoinMarketCap)

• Bitcoin (BTC) price today reached $64961.68, down by 1.4% in the last 24 hours, with a trading volume of $23.7 billion and a market cap of $1.3 trillion.

• Ethereum (ETH) price today is at $1871.42, down 3% in 24 hours with a trading volume of $10.06 billion and a capitalization of $225.84 billion.

Top Trending Crypto Coins Price in 24 Hours:

(Trending data is based on a combination of 24-hour price movement, trading volume, and CoinMarketCap.com trending metrics.)

• Invesco QQQ Trust Tokenized price (QQQB): $693.61, down 1.92% in the last 24 hours, TV: $337.36 million.

• XRP price (XRP): $1.10, down 2.84%, TV: $1.05 billion.

• AKEDO price (AKE): $0.002287, surges 28.51%, TV: $229.64 million.

• Dogecoin price (DOGE): $0.06923, down 5.03%, TV: $839.95 million.

• Billions Network price (BILL): $0.03130, jumps 23.73%, TV: $170.58 million.

Top 3 Crypto Gainers in 24 hours (Ranked by 24-hour percentage gain):

• Audiera price today (BEAT): $3.00, skyrockets 15.96%, trading activity $24.45M.

• World Liberty Financial price today (WLFI): $0.05756, jumps 11.10%, trading activity $240.68M.

• Injective price today (INJ): $5.30, rises 2.97%, trading activity $71.00M.

Top 3 Crypto Losers in 24 hours (Ranked by 24-hour percentage loss):

• Pi coin price (PI): $0.08349, down 9.32%, with trading activity around $13.24 million.

• Lighter price (LIT): $2.15, lower by 6.58%, with trading volume near $32.12 million.

• SPX6900 price (SPX): $0.3376, slipped 6.27%, with trading activity close to $4.85 million.

Stablecoins and DeFi Update:

• The Stablecoin Market reflects a 0.1% negative change over the past 24 hours, with a capitalization of $303.5 billion and trading volume of $52 billion.

• The Overall (Defi) Decentralized Finance market escalated 9.8% over the last 24 hours, recording a market cap of $63.4 billion and trading volume (TV) at $3.31 billion. Defi dominance globally marked 4.5%.

Crypto Fear and Greed Index Today

Source: Alternative Me

Today's index (28) fell from 31 yesterday, reflecting deepening Fear as volatility and selling pressure rose. It combines volatility, volume, social sentiment, surveys, and dominance. Trend improved versus last month's Extreme Fear (17), showing gradual sentiment recovery despite short-term dips.

Top 15 Latest Crypto News Today, July 24

(Note: All of these updates affect traders, as they impact liquidity, sentiment, and potential returns, and thus must be monitored closely.)

1. Stripe Eyes OpenRouter: According to The Wall Street Journal, Stripe is in deep negotiations to acquire AI model aggregator OpenRouter, with the deal potentially valued near $10 billion, though nothing has been finalized yet.

2. ARK Invest's Big Moves: Cathie Wood's ARK Invest bought Tesla shares worth $51.2 million and Circle shares worth $8.09 million, while offloading Figma and Robinhood holdings valued at $19.52 million and $4.12 million.

3. Argentina Considers Crypto: Argentina's government may allow investment funds to hold Bitcoin and use digital assets as loan collateral, with the draft proposal still requiring presidential approval and congressional review before becoming law.

4. Political Prediction ETFs Launch: Hedgeye is entering the prediction market ETF race, planning Democratic (HDEM) and Republican (HREP) funds that track party performance in U.S. federal elections, set to list on NYSE Arca.

5. UK Cracks Down on Crypto Tax: HM Revenue & Customs recovered over £8 million from 502 crypto investors over two years; new OECD reporting rules starting 2026 will make hiding crypto gains much harder.

6. Cows Become Digital Collateral: A Brazilian farm tokenized 10 dairy cows using AI smart collars, securing 100,000 reais in agricultural credit through B3's first livestock collateral tokenization transaction, aiming to cut valuation costs.

7. Bitcoin Miners Buck the Trend: Despite Nasdaq falling 2% Thursday, mining stocks like Hut 8 and Riot Platforms rose, as investors bet on miners pivoting power and land toward lucrative AI data center deals.

8. MoonPay Partners with Discover: MoonPay teamed up with Discover Network, allowing U.S. Discover cardholders to purchase thousands of crypto assets including BTC, ETH, XRP, and SOL directly through the platform.

9. Protocol Fees Decline in Q2: On-chain protocol fees dropped 33% year-over-year, with DEX and Launchpad fees falling sharply, though token buybacks and burns kept value returned to holders relatively stable.

10. Bitwise Reveals Staking Trends: Bitwise's Q3 report found rising on-chain activity but declining network revenue across major chains, as scaling upgrades and lower fees expanded block space faster than demand grew.

11. Hyperliquid's Explosive Quarter: Hyperliquid processed $652 billion in perpetual futures trading during Q2, with non-crypto asset trading climbing to 32%, signaling institutional interest expanding beyond typical instruments.

12. Zama Debuts Private Trading: Privacy project Zama launched Confidential RFQ, using encryption to hide trade direction and size on Ethereum, reducing MEV risks; full public launch is planned for September.

13. CFTC Delays Decision: The CFTC extended its public comment period on 24/7 futures and perpetual energy contracts by 30 days to August 26, seeking further industry feedback before finalizing rules.

14. Odos Protocol Shuts Down: Trading aggregator Odos will cease operations by July 30; the app enters read-only mode July 27, urging users to withdraw assets or export keys beforehand.

15. Robinhood Chain CEO's Account Hacked: Vlad Tenev's X account was compromised, falsely promoting a scam token called Vladhood before the platform flagged it and the post was deleted.

Major Crypto Market Events Today

Source: Forex Factory

Comparative Insight

Comparative Insight (July 24 vs. July 23): Crypto Market cap declined from 0.7% to 1.3%, with volume dropping from $62.6B to $58.9B, signaling weaker liquidity. Fear & Greed slipped further to 28 from 31, deepening caution. However, DeFi reversed sharply, surging 9.8% today versus a 1.5% decline yesterday, showing renewed sector-specific momentum despite broader weakness and persistent bearish sentiment.

What This Means for Cryptocurrency Users

Crypto news readers and users are seeing fear-driven selling in majors like BTC and ETH, yet strong DeFi growth and altcoin surges suggest selective opportunities exist. Users should watch sector rotation carefully, as broad caution doesn't mean every asset class is underperforming equally right now.

Risk Context: This commentary is not about long-term conditions and is merely informational. It does not point to the price or indicate an action to take on the investment.

CoinGabbar’s Opinion

The 24-hour crypto news market shows Fear & Greed at 28, and BTC/ETH declines; short-term risk remains elevated. However, DeFi's 9.8% surge and select altcoin rallies suggest opportunities exist. Investors should stay cautious, diversify wisely, and avoid panic-selling during this fear-driven, moderately volatile market phase.

Disclaimer: The information should not be taken as financial or investment advice. Cryptocurrencies are very unstable and dangerous. You should never make an investment decision without doing your research (DYOR) and using a qualified financial advisor. Not all regions are able to provide all the services or assets in question.