Cryptocurrency Price Today: Bitcoin Remains Below $65,000, WazirX Breach Concerns Investors
Cryptocurrency price on July 19 quick take: The global market cap dipped to $2.35 trillion.
Bitcoin (BTC), the world’s oldest and most valued cryptocurrency, remained below the $65,000 mark early Friday. The WazirX wallet breach of over $230 million sent a wave of concern among investors, leading to a dip in prices for nearly all coins on Indian platforms. Other popular altcoins — including the likes of Ethereum (ETH), Dogecoin (DOGE), Ripple (XRP), Solana (SOL), and Litecoin (LTC) — landed in the reds across the board as the overall Market Fear & Greed Index stood at 57 (Neutral) out of 100, as per CoinMarketCap data. The Mantle (MNT) token emerged to be the biggest gainer, with a 24-hour jump of over 11 percent. Ripple (XRP) became the biggest loser, with a 24-hour dip of over 8 percent.
The global crypto market cap stood at $2.35 trillion at the time of writing, registering a 24-hour dip of 0.61 percent.
Bitcoin (BTC) Price Today
Bitcoin price stood at $64,177.62, registering a 24-hour dip of 0.63 percent, as per CoinMarketCap. According to Indian exchanges, BTC price stood at Rs 46.14 lakh.
Ethereum (ETH) Price Today
ETH price stood at $3,422.45, marking a 24-hour jump of 0.13 percent at the time of writing. Ethereum price in India stood at Rs 2.50 lakh.
Dogecoin (DOGE) Price Today
DOGE registered a 24-hour loss of 1.98 percent, as per CoinMarketCap data, currently priced at $0.1202. Dogecoin price in India stood at Rs 8.50.
Litecoin (LTC) Price Today
Litecoin saw a 24-hour dip of 0.57 percent. At the time of writing, it was trading at $71.51. LTC price in India stood at Rs 5,191.07.
Ripple (XRP) Price Today
XRP price stood at $0.5574, seeing a 24-hour dip of 8.64 percent. Ripple price in India stood at Rs 40.68.
Solana (SOL) Price Today
Solana price stood at $161.37, marking a 24-hour gain of 1.99 percent. SOL price in India stood at Rs 10,699.99.
Top Crypto Gainers Today (July 19)
As per CoinMarketCap data, here are the top five crypto gainers over the past 24 hours:
Mantle (MNT)
Price: $0.8591
24-hour gain: 11.41 percent
dogwifhat (WIF)
Price: $2.41
24-hour gain: 8.44 percent
Bittensor (TAO)
Price: $341.84
24-hour gain: 7.73 percent
Jupiter (JUP)
Price: $0.9709
24-hour gain: 6.09 percent
THORChain (RUNE)
Price: $4.57
24-hour gain: 4.57 percent
Top Crypto Losers Today (July 19)
As per CoinMarketCap data, here are the top five crypto losers over the past 24 hours:
Ripple (XRP)
Price: $0.5582
24-hour loss: 8.75 percent
Gala (GALA)
Price: $0.02395
24-hour loss: 7.68 percent
Worldcoin (WLD)
Price: $2.62
24-hour loss: 7.02 percent
Shiba Inu (SHIB)
Price: $0.00001753
24-hour loss: 6.55 percent
Fantom (FTM)
Price: $0.48
24-hour loss: 6.30 percent
What Crypto Exchanges Are Saying About Current Market Scenario
Mudrex co-founder and CEO Edul Patel told ABP Live, “Bitcoin is consolidating around the $63,000 level, amidst a continued slump in US equity prices and ongoing speculation about the presidential election race. If BTC fails to climb above the $64,650 resistance zone, it could move downward toward the $62,500 level. Additionally, the recent hack of WazirX has added pressure on Indian investors. Market participants should monitor the market closely and stay updated with news for any developments.”
CoinSwitch Markets Desk noted, “In the US, major financial firms including BlackRock, Fidelity, 21Shares, Grayscale, Bitwise, and Invesco Galaxy have submitted their final S-1 filings to the SEC for the approval of spot ether ETFs. The regulator is anticipated to greenlight these applications next week, with the funds expected to launch on Tuesday. This approval could mark a pivotal moment for the US crypto market.”
Sathvik Vishwanath, CEO and co-founder of Unocoin, said, “Bitcoin (BTC) recently climbed above $65,000 to hit an intraday high of $65,360, driven by bullish predictions from veteran trader Peter Brandt. Brandt suggests that if BTC stays above $56,000, it could reach $150,000 by the end of 2025. Additionally, inflows into U.S. spot bitcoin ETFs, notably BlackRock's iShares Bitcoin Trust, boosted the price. Currently, BTC is trading at around $64,760 and showing a slight increase. Key levels include resistance at $65,000 and support at $64,500. With a market cap of $1.28 trillion and a circulating supply of 19.73 million BTC, technical indicators suggest a cautiously optimistic outlook.”
CoinDCX Research Team told ABP Live, “BTC and ETH are moving sideways, while many altcoins saw a decline yesterday. BTC took support at $63,300 and bounced back; it needs to clear the $66,800 resistance for an upside move in the short term. Similarly, ETH bounced from key support at $3,366 and needs to clear the $3,500 resistance to target the $3,650 level. The US unemployment claims data came out higher than expected, which is positive for the crypto market.”
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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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