Bitcoin (BTC), the world's oldest and most valuable cryptocurrency, managed to hold above the $30,000 mark early Thursday, despite minor losses on price charts. Other popular altcoins, including Ethereum (ETH), Dogecoin (DOGE), Ripple (XRP), Litecoin (LTC), and Solana (SOL), all landed in the red across the board with minor dips. BitDAO (BIT) became the biggest gainer of the lot, jumping more than 5 percent in 24 hours. Conflux (CFX) became the biggest loser, down more than 9 percent in 24 hours.
The global crypto market capitalization stood at $1.16 trillion at the time of writing, recording a 24-hour drop of 1.13 percent.
Bitcoin (BTC) price today
The Bitcoin price stood at $30,152.01, recording a 24-hour loss of 0.92 percent, according to CoinMarketCap. According to the Indian exchange WazirX, the BTC price stood at Rs 26.02 lakh.
Ethereum (ETH) price today
ETH price stood at $1837.89, marking a 24-hour drop of 1.56 percent at the time of writing. According to WazirX, the Ethereum price in India stood at Rs 1.59 lakh.
Dogecoin (DOGE) Price Today
DOGE posted a 24-hour loss of 3.72 percent, according to data from CoinMarketCap, currently trading at $0.06265. According to WazirX, the Dogecoin price in India was Rs 5.42.
Litecoin (LTC) price today
Litecoin experienced a 24-hour drop of 4.23 percent. At the time of this writing, he was trading at $83.63. The LTC price in India stood at Rs 7,123.31.
Ripple Price (XRP) Today
XRP price stood at $0.4684, down 2.87 percent in 24 hours. According to WazirX, the Ripple price stood at Rs 40.56.
Solana (SOL) Price Today
Solana's price stood at $16.03, marking a 2.39 percent drop in 24 hours. According to WazirX, the SOL price in India was Rs 1,395.24.
Top cryptocurrency gainers today (June 29)
Based on CoinMarketCap data, here are the top five cryptocurrency gainers in the last 24 hours:
BitDAO (BIT)
Price: $0.3866
24 hour gain: 5.03 percent
ONE BUT LEO (LEO)
Price: $4
24 hour gain: 1.72 percent
Manufacturer (MKR)
Price: $684.75
24 hour gain: 0.84 percent
Injective (INJ)
Price: $7.59
24 hour gain: 0.73 percent
Stellar (XLM)
Price: $0.1028
24 hour gain: 0.21 percent
Top crypto losers today (June 29)
Based on CoinMarketCap data, here are the top five cryptocurrency losers in the last 24 hours:
Conflux (CFX)
Price: $0.2032
Loss of 24 hours: 9.79 percent
Pepper (PEPPER)
Price: $0.000001427
Loss of 24 hours: 8.89 percent
Flow (FLOW)
Price: $0.5108
Loss of 24 hours: 7.81 percent
Sui (SUI)
Price: $0.6633
Loss of 24 hours: 6.82 percent
my my)
Price: $0.4552
Loss of 24 hours: 6.26 percent
What cryptocurrency exchanges are saying about the current market scenario
Shubham Hudda, a senior manager at CoinSwitch Markets Desk, said: โBTC, down 1.3 percent, continues to trade above $30,000 even as exchange volumes have started to gradually decline with the increasing consolidation phase. . It seems that there is a lot of capital sitting on the sidelines waiting for a clear move with almost 50-50 long and short positions open on almost all the major exchanges. The biggest public buyer in recent days has been MicroStrategy, where they claimed to have bought 12,333 BTC, bringing their total BTC holding to 1.52,333 BTC. With this, BTC's dominance continues to rise, regaining the 52 percent mark."
Shivam Thakral, CEO of BuyUCoin, said: โThe cryptocurrency market experienced a significant 10.01% decline in volume over the past 24 hours, worth $32.43 billion. Within this market, the decentralized finance (DeFi) sector contributed $2.17 billion, representing 6.70% of the total 24-hour volume of the crypto market. While the overall market saw a decline, DeFi continues to demonstrate its prominence and resilience in the crypto ecosystem."
The CoinDCX research team told ABP Live: โTotal crypto market capitalization is $1.17 trillion with BTC and ETH trading at $30,300 and $1,850, respectively. It looks an interesting observation with the percentage of BTC held on exchanges falling to its lowest level in more than five years, according to data from Glassnode. This could be a sign that investors are more confident in Bitcoin's long-term future and are moving their coins into cold storage."
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Disclaimer: Crypto products and NFTs are unregulated and can be very risky. There may be no regulatory recourse for any loss from such transactions. Cryptocurrency is not legal tender and is subject to market risk. Readers are advised to seek expert advice and carefully read the offering documents along with relevant relevant literature before making any type of investment. cryptocurrency market predictions are speculative and any investment made will be at the sole risk and account of the readers.
