Cryptocurrency Price Today (July 1): Bitcoin Dips Below $107,000, BCH Becomes Biggest Gainer
Cryptocurrency price on July 1 quick take: The global market cap dipped to $3.30 trillion.
Bitcoin (BTC), the world’s oldest and most valued crypto, dipped below the $107,000 mark early Tuesday. Other popular altcoins — including the likes of Ethereum (ETH), Solana (SOL), Ripple (XRP), and Litecoin (LTC) — saw a mix of minor gains and dips across the board as the overall Market Fear & Greed Index stood at 50 (Neutral) out of 100, as per CoinMarketCap data. Bitcoin Cash (BCH) turned out to be the biggest gainer today, with a 24-hour jump of nearly 5 percent. SPX6900 (SPX) became the biggest loser, with a 24-hour dip of nearly 14 percent.
The global crypto market cap stood at $3.30 trillion at the time of writing, registering a 24-hour dip of 1.15 percent.
Bitcoin (BTC) Price Today
Bitcoin price stood at $106,821.30, registering a 24-hour dip of 1.28 percent, as per CoinMarketCap. According to Indian exchanges, BTC price stood at Rs 91.73 lakh.
Ethereum (ETH) Price Today
ETH price stood at $2,459.80, marking a 24-hour loss of 1.59 percent at the time of writing. Ethereum price in India stood at Rs 2.26 lakh.
Dogecoin (DOGE) Price Today
DOGE registered a 24-hour dip of 2.63 percent, as per CoinMarketCap data, currently priced at $0.1627. Dogecoin price in India stood at Rs 15.26.
Litecoin (LTC) Price Today
Litecoin saw a 24-hour loss of 1.11 percent. At the time of writing, it was trading at $85.79. LTC price in India stood at Rs 7,525.59.
Ripple (XRP) Price Today
XRP price stood at $2.21, seeing a 24-hour gain of 1.25 percent. Ripple price in India stood at Rs 188.
Solana (SOL) Price Today
Solana price stood at $151.17, marking a 24-hour jump of 0.01 percent. SOL price in India stood at Rs 13,480.37.
Top Crypto Gainers Today (July 1)
As per CoinMarketCap data, here are the top five crypto gainers over the past 24 hours:
Bitcoin Cash (BCH)
Price: $523.82
24-hour gain: 4.73 percent
Algorand (ALGO)
Price: $0.1872
24-hour gain: 2.39 percent
Four (FORM)
Price: $2.96
24-hour gain: 2.07 percent
Monero (XMR)
Price: $319.69
24-hour gain: 1.46 percent
XRP (XRP)
Price: $2.22
24-hour gain: 1.14 percent
Top Crypto Losers Today (July 1)
As per CoinMarketCap data, here are the top five crypto losers over the past 24 hours:
SPX6900 (SPX)
Price: $1.18
24-hour loss: 13.83 percent
Arbitrum (ARB)
Price: $0.3234
24-hour loss: 10.20 percent
Maple Finance (SYRUP)
Price: $0.5262
24-hour loss: 8.92 percent
Celestia (TIA)
Price: $1.35
24-hour loss: 8.80 percent
Virtuals Protocol (VIRTUAL)
Price: $1.47
24-hour loss: 8.69 percent
What Crypto Exchanges Are Saying About Current Market Scenario
Edul Patel, CEO and co-founder, Mudrex, told ABP Live, “Bitcoin is trading above $107,300, maintaining bullish momentum despite minor profit booking at higher levels. The macro environment remains favourable to the crypto market, with the U.S. dollar index down nearly 12% this year and global M2 money supply expanding at 8.77% year-over-year. This surge in liquidity historically aligns with strong Bitcoin bull markets, boosting investor confidence. A breakout above the $108,600 resistance could trigger the next leg higher, while support at $106,000 continues to hold, strengthening the positive market structure.”
CoinSwitch Markets Desk noted, “BTC has traded in a narrow range for six consecutive days, with price fluctuations staying under 3%. It is currently trading around the $107,100 mark. On the hand, ETH is showing signs of exhaustion below the $2,500 mark. An early-session breakout attempt briefly pushed prices to $2,520, but the move was quickly rejected. ETH is now trading just below the $2,500 mark.”
Avinash Shekhar, Co-founder & CEO, Pi42, said, “The crypto market is preparing to break out as key signals fall into place. Bitcoin continues to trade above $107,000, as renewed inflows hit the market. Bitcoin dominance has exceeded 54 percent, hinting at a potential shift toward altcoins. Ethereum’s futures trading volume is nearing parity with Bitcoin’s, showing elevated interest. XRP is in renewed focus following the Grayscale ETF filing. Dogecoin also shows early signs of strength, suggesting technical reversal patterns may be forming.”
Sathvik Vishwanath, CEO and co-founder of Unocoin, said, “Bitcoin is currently consolidating near $107,000, rebounding from recent dips below $100K. The price action shows strong institutional interest and whale accumulation, with resistance at $110K–112K acting as a key breakout zone. A decisive move above this could propel BTC to $125K, while failure risks a retest of $100K. On-chain data supports long-term bullish sentiment, driven by ETF inflows and macro tailwinds like potential Fed rate cuts. However, geopolitical tensions and market volatility may spark short-term corrections. Overall, Bitcoin stands at a critical juncture—poised for a breakout or a healthy retracement before the next leg up.”
CoinDCX Research Team noted, “Bitcoin continues to consolidate below the pivotal resistance, signifying the rising bearish dominance within the markets. Meanwhile, the second-largest altcoin, Ethereum, appears to be losing strength, while XRP, BNB, SOL, and TRX show signs of strength. Meanwhile, the other altcoins, like Bitcoin Cash and Algorand, surge by over 4%, followed by Pudgy Penguins at 3.3% and Four at over 2%. Besides, SPX6900 slashes by over 11%, Maple Finance by over 9.37%, and DeXe by nearly 8.5%. With this, the global market capitalization also dropped marginally, while volume remains elevated by nearly 20%.”
Srinivas L, CEO, 9Point Capital, said, “Bitcoin looks poised for a bullish move from current levels, supported by resilient ETF inflows and declining long-term holder selling. Technical show strong support around $105K, with upside potential building steadily. A break above $110K could trigger fresh momentum in the coming days.”
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Disclaimer: Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Cryptocurrency is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Cryptocurrency market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.
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