Cryptocurrency Price Today: Bitcoin Rises Above $65,000, Sam Altman’s Worldcoin Becomes Top Gainer
Cryptocurrency price on July 17 quick take: The global market cap rose to $2.41 trillion.
Bitcoin (BTC), the world’s oldest and most valued cryptocurrency, managed to retain its upward trend and climbed above the $65,000 mark early Wednesday. Other popular altcoins — including the likes of Ethereum (ETH), Dogecoin (DOGE), Ripple (XRP), Solana (SOL), and Litecoin (LTC) — landed in the greens across the board as the overall Market Fear & Greed Index stood at 58 (Neutral) out of 100, as per CoinMarketCap data. OpenAI CEO Sam Altman-led Worldcoin (WLD) emerged to be the biggest gainer, with a 24-hour jump of over 25 percent. The BRETT token became the biggest loser, with a 24-hour dip of over 3 percent.
The global crypto market cap stood at $2.41 trillion at the time of writing, registering a 24-hour gain of 1.73 percent.
Bitcoin (BTC) Price Today
Bitcoin price stood at $65,674.39, registering a 24-hour gain of 3.03 percent, as per CoinMarketCap. According to Indian exchange WazirX, BTC price stood at Rs 57.34 lakh.
Ethereum (ETH) Price Today
ETH price stood at $3,511.67, marking a 24-hour jump of 2.05 percent at the time of writing. As per WazirX, Ethereum price in India stood at Rs 3.09 lakh.
Dogecoin (DOGE) Price Today
DOGE registered a 24-hour jump of 1.99 percent, as per CoinMarketCap data, currently priced at $0.1265. As per WazirX, Dogecoin price in India stood at Rs 10.99.
Litecoin (LTC) Price Today
Litecoin saw a 24-hour gain of 1.04 percent. At the time of writing, it was trading at $73.84. LTC price in India stood at Rs 6,310.85.
Ripple (XRP) Price Today
XRP price stood at $0.6064, seeing a 24-hour jump of 10.05 percent. As per WazirX, Ripple price stood at Rs 53.
Solana (SOL) Price Today
Solana price stood at $161.28, marking a 24-hour gain of 1.72 percent. As per WazirX, SOL price in India stood at Rs 13,900.
Top Crypto Gainers Today (July 17)
As per CoinMarketCap data, here are the top five crypto gainers over the past 24 hours:
Worldcoin (WLD)
Price: $2.85
24-hour gain: 25.13 percent
Arweave (AR)
Price: $31.65
24-hour gain: 9.91 percent
Ripple (XRP)
Price: $0.6057
24-hour gain: 9.44 percent
Injective (INJ)
Price: $25.97
24-hour gain: 7.54 percent
Bittensor (TAO)
Price: $314.39
24-hour gain: 6.23 percent
Top Crypto Losers Today (July 17)
As per CoinMarketCap data, here are the top five crypto losers over the past 24 hours:
Brett (Based) (BRETT)
Price: $0.143
24-hour loss: 3.29 percent
Toncoin (TON)
Price: $7.32
24-hour loss: 3.22 percent
Floki (FLOKI)
Price: $0.0001884
24-hour loss: 2.24 percent
Uniswap (UNI)
Price: $8.31
24-hour loss: 2.18 percent
Gnosis (GNO)
Price: $273.28
24-hour loss: 2.01 percent
What Crypto Exchanges Are Saying About Current Market Scenario
Mudrex co-founder and CEO Edul Patel told ABP Live, “Bitcoin continues its upward trajectory, currently trading at approximately $65,000, as investors take advantage of the dip with increased inflows into US spot Bitcoin ETFs. On Monday, lifetime net inflows into these ETFs surpassed $16 billion. Market bulls are now targeting the $71,500 level. A decisive move above the $66,500 resistance could trigger further bullish momentum. The next critical resistance is at $67,200, with support established at $64,250.”
CoinSwitch Markets Desk noted, “Bitcoin reclaimed 65k USD levels; Even the news of Mt Gox moving 91,755 BTC worth 5.8 Billion dollars was unable to deeply impact the current relief rally BTC is showing. Spot bitcoin ETFs now have attracted over $16 billion of inflows since launching in January. with $300 million added early this week alone. The funds, led by BlackRock's iShares Bitcoin Trust and Fidelity's Wise Origin Bitcoin Fund, have seen consistent inflows even as Bitcoin prices fluctuated, indicating strong investor demand for regulated bitcoin exposure.”
Rajagopal Menon, Vice President, WazirX, said, “Bitcoin (BTC) is experiencing a stellar rally, surging over 15% and decisively surpassing the crucial $65,000 resistance level. This bullish momentum suggests a potential test of $66,000 in the near future, with analysts eyeing $66,500 as the first major hurdle. Technical indicators are echoing the optimistic sentiment, with the hourly RSI (Relative Strength Index) climbing above 50. This signals strong buying pressure behind the current surge.”
Sathvik Vishwanath, CEO and co-founder of Unocoin, said, “Larry Fink, CEO of BlackRock, has redefined Bitcoin as "digital gold" and a "legitimate financial instrument," signalling the cryptocurrency's mainstream acceptance. The move followed BlackRock's launch of the iShares Bitcoin Trust (IBIT), which quickly became the largest Bitcoin ETF with over $18 billion in assets. As a result, the price of Bitcoin climbed above $60,000, driven by increased institutional investment. Bitcoin is currently trading at $63,512 and is showing strong buying interest with potential targets at $66,750 and $68,263. Supported by technical indicators, the outlook for Bitcoin remains bullish, with a key support level at $62,466.”
CoinDCX Research Team told ABP Live, “The crypto market continues to move up, with BTC crossing $65,000 and ETH touching $3,500. Technically, altcoins are outperforming and looking strong. BTC needs to continue holding above $60,000 to maintain bullish momentum and must surpass the hurdle at $68,000. ETH needs to clear above $3,650 and hold above the support level of $3,350. Volatility has significantly increased and is expected to remain high this week.”
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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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