Cryptocurrency Price Today (July 2): Bitcoin Remains Below $107,000, PENGU Becomes Biggest Gainer
Cryptocurrency price on July 2 quick take: The global market cap dipped to $3.30 trillion.
Bitcoin (BTC), the world’s oldest and most valued crypto, remained below the $107,000 mark early Wednesday. 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 46 (Neutral) out of 100, as per CoinMarketCap data. Pudgy Penguins (PENGU) turned out to be the biggest gainer today, with a 24-hour jump of nearly 15 percent. Algorand (ALGO) became the biggest loser, with a 24-hour dip of over 6 percent.
The global crypto market cap stood at $3.28 trillion at the time of writing, registering a 24-hour dip of 0.33 percent.
Bitcoin (BTC) Price Today
Bitcoin price stood at $106,807.91, registering a 24-hour dip of 0.02 percent, as per CoinMarketCap. According to Indian exchanges, BTC price stood at Rs 91.73 lakh.
Ethereum (ETH) Price Today
ETH price stood at $2,447.63, marking a 24-hour loss of 0.48 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 0.90 percent, as per CoinMarketCap data, currently priced at $0.1610. Dogecoin price in India stood at Rs 15.26.
Litecoin (LTC) Price Today
Litecoin saw a 24-hour loss of 1.77 percent. At the time of writing, it was trading at $84.26. LTC price in India stood at Rs 7,525.59.
Ripple (XRP) Price Today
XRP price stood at $2.19, seeing a 24-hour dip of 0.91 percent. Ripple price in India stood at Rs 188.
Solana (SOL) Price Today
Solana price stood at $149.42, marking a 24-hour loss of 1.19 percent. SOL price in India stood at Rs 13,480.37.
Top Crypto Gainers Today (July 2)
As per CoinMarketCap data, here are the top five crypto gainers over the past 24 hours:
Pudgy Penguins (PENGU)
Price: $0.01626
24-hour gain: 14.46 percent
Arbitrum (ARB)
Price: $0.3429
24-hour gain: 6.21 percent
Celestia (TIA)
Price: $1.41
24-hour gain: 5.29 percent
Artificial Superintelligence Alliance (FET)
Price: $0.6859
24-hour gain: 3.51 percent
NEAR Protocol (NEAR)
Price: $2.15
24-hour gain: 2.59 percent
Top Crypto Losers Today (July 2)
As per CoinMarketCap data, here are the top five crypto losers over the past 24 hours:
Algorand (ALGO)
Price: $0.1756
24-hour loss: 6.16 percent
Kaia (KAIA)
Price: $0.1578
24-hour loss: 5.77 percent
Aptos (APT)
Price: $4.52
24-hour loss: 4.63 percent
Sei (SEI)
Price: $0.2716
24-hour loss: 4.31 percent
Fartcoin (FARTCOIN)
Price: $1.06
24-hour loss: 4.28 percent
What Crypto Exchanges Are Saying About Current Market Scenario
Edul Patel, CEO and co-founder, Mudrex, told ABP Live, “Bitcoin is consolidating near $105,600 as markets await clarity on Trump’s tariff decision. Although the momentum has slowed, Bitcoin could be set to follow the S&P 500’s decade-long trend of positive July performance. Persistent institutional interest from ETFs continues to support a healthy market structure, with Bitcoin spot ETFs seeing 15 consecutive days of inflows totaling nearly $5 billion. However, holding the $100,000 psychological support is crucial for BTC, as a drop below could trigger over $6.4 billion in liquidations, adding to short-term selling pressure.”
CoinSwitch Markets Desk noted, “Bitcoin eased ~1% to $106,175, pressured by profit-taking from long-term holders even as $2.4 billion in realized gains flowed on-chain over the past week. The dip mirrored a broader tech sell-off, underscoring Bitcoin’s equity-like behavior rather than haven status. Ethereum and other altcoins also retreated after the frenzy of the first SOL staking ETF, which had lifted Solana earlier, faded—SOL slid ~3%, while Cardano and Avalanche similarly declined.”
Avinash Shekhar, Co-founder & CEO, Pi42, said, “The crypto market is in a moment of pause, but strong undercurrents are shaping the next move. Bitcoin is consolidating above $105,000 amid muted momentum, while Ethereum faces resistance near $2,400 despite growing institutional interest and treasury allocations. Recent reports confirm firms are steadily adding ETH to their holdings, signaling long-term conviction. XRP is back in focus with ETF optimism spiking after the SEC’s recent greenlight, pushing spot ETF approval odds to 95%. Meanwhile, Dogecoin may be entering a distribution phase, raising caution among traders.”
Sathvik Vishwanath, CEO and co-founder of Unocoin, said, “Bitcoin (BTC) trades near $105,500, showing resilience after retreating from its $111,000 high. Current support lies at $105,000, with resistance at $107,500. The market is in consolidation, marked by declining volatility and neutral funding rates. On-chain data reveals growing exchange outflows, suggesting long-term holders are accumulating. Miner selling has slowed, easing supply pressure. Technical structure remains bullish above $102,000, forming a higher low. A clean breakout above $107,500 could trigger momentum toward $111,000 again. If BTC loses $105,000, a drop to $101,000–$102,000 is likely. Macroeconomic factors and ETF flows remain key drivers. Market bias leans bullish unless key supports break.”
Shivam Thakral, CEO of BuyUcoin, said, “Bitcoin slipped to $105,800, following a 1.5% drop that mirrored a wider pullback in the crypto market. Amid these market moves; the US Federal Reserve Chair hinted at a possible relaxation of monetary policy in July. Such dovish signals from the Fed are considered bullish for Bitcoin and other risk assets. The US jobs report slated for this week (Thursday) will be closely watched by the global community as it will influence Fed’s policy direction. if Bitcoin maintains support above $100,000, it could reclaim $110,000–$113,500 in the near term, especially with continued institutional demand and ETF inflows.”
CoinDCX Research Team noted, “The Bitcoin price slashes below $107,000 while the volume remains within an average range, hinting the bulls are currently passive. Interestingly, the top altcoins like Ethereum, XRP, and others continue to hover between the pre-defined range. Other cryptos also attract minimal gains, lead by Pudgy Penguins by nearly 5% followed by other tokens like Gate Token and Celestia by less than a percent. Besides, Algorand dropped over 9.6%, followed by Fartcoin, SPX6900 and Aptos by over 8% each. However, the market cap slides marginally, hinting for a recovery in short while.”
Srinivas L, CEO, 9Point Capital, said, “Bitcoin is expected to remain range-bound today as volatility cools off post recent moves. With no major catalysts on the horizon, the market looks set for a sideways session around the 107K mark.”
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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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