Bitcoin Holds Gains While Major Altcoins Remain Under Pressure

The cryptocurrency market showed mixed movements on July 29, with Bitcoin recording a small gain while major altcoins continued to face selling pressure.

Bitcoin traded at $64,087, rising 0.33% during the session, with a market capitalization of $1.29 trillion. Ether declined 1.49% to $1,891.35, while Solana fell 0.76% to $73.1274.

The overall market remained focused on short-term volatility and weak yearly performance across several major tokens.

Bitcoin and top cryptocurrencies show different trends, with Bitcoin gaining 9.70% over the past month but remaining down 26.59% year-to-date and 45.49% compared to the same period last year.