Cryptocurrency Price Today: Bitcoin Remains Stable Above $63,000, BONK Becomes Top Gainer
Cryptocurrency price on July 2 quick take: The global market cap rose to $2.32 trillion.
Bitcoin (BTC), the world’s oldest and most valued cryptocurrency, remained stable above the $63,000 mark early Tuesday. Other popular altcoins — including the likes of Ethereum (ETH), Dogecoin (DOGE), Ripple (XRP), Solana (SOL), and Litecoin (LTC) — saw a mix of minor gains and losses across the board as the overall Market Fear & Greed Index stood at 49 (Neutral) out of 100, as per CoinMarketCap data. Memecoin BONK emerged to be the biggest gainer, with a 24-hour jump of nearly 13 percent. Starknet (STRK) became the biggest loser, with a 24-hour dip of nearly 8 percent.
The global crypto market cap stood at $2.32 trillion at the time of writing, registering a 24-hour dip of 0.72 percent.
Bitcoin (BTC) Price Today
Bitcoin price stood at $63,096.11, registering a 24-hour dip of 0.43 percent, as per CoinMarketCap. According to Indian exchange WazirX, BTC price stood at Rs 56.50 lakh.
Ethereum (ETH) Price Today
ETH price stood at $3,455.58, marking a 24-hour jump of 3.66 percent at the time of writing. As per WazirX, Ethereum price in India stood at Rs 3.13 lakh.
Dogecoin (DOGE) Price Today
DOGE registered a 24-hour loss of 2.30 percent, as per CoinMarketCap data, currently priced at $0.1236. As per WazirX, Dogecoin price in India stood at Rs 11.20.
Litecoin (LTC) Price Today
Litecoin saw a 24-hour dip of 1.20 percent. At the time of writing, it was trading at $74.50. LTC price in India stood at Rs 6,632.01.
Ripple (XRP) Price Today
XRP price stood at $0.4775, seeing a 24-hour dip of 0.03 percent. As per WazirX, Ripple price stood at Rs 42.61.
Solana (SOL) Price Today
Solana price stood at $149.08, marking a 24-hour jump of 1.10 percent. As per WazirX, SOL price in India stood at Rs 13,327.83.
Top Crypto Gainers Today (July 2)
As per CoinMarketCap data, here are the top five crypto gainers over the past 24 hours:
Bonk (BONK)
Price: $0.00002653
24-hour gain: 12.16 percent
Beam (BEAM)
Price: $0.01836
24-hour gain: 6.95 percent
MultiversX (EGLD)
Price: $31.75
24-hour gain: 5.82 percent
Quant (QNT)
Price: $81.14
24-hour gain: 4.60 percent
MANTRA (OM)
Price: $0.8233
24-hour gain: 4.33 percent
Top Crypto Losers Today (July 2)
As per CoinMarketCap data, here are the top five crypto losers over the past 24 hours:
Starknet (STRK)
Price: $0.6418
24-hour loss: 7.69 percent
Celestia (TIA)
Price: $5.79
24-hour loss: 7.31 percent
Notcoin (NOT)
Price: $0.01393
24-hour loss: 6.20 percent
JasmyCoin (JASMY)
Price: $0.02831
24-hour loss: 6.10 percent
Ethena (ENA)
Price: $0.5053
24-hour loss: 5.77 percent
What Crypto Exchanges Are Saying About Current Market Scenario
Mudrex co-founder and CEO Edul Patel told ABP Live, “ Bitcoin continued to trade above the $62,000 level. Bulls are trying to strengthen their position further by pushing the price above the immediate $63,200 resistance. BTC has not yet acquired the strength to make a sharp move. It is likely that BTC will trade sideways between $60,000 and $63,600 level. However, if the price turns down, the next support is set at the $61,700 level. On the other hand, Ethereum is trading at the $3,400 level as market participants await the approval of Ether spot ETFs.”
CoinSwitch Markets Desk noted, “Bitcoin seems to have recovered from the dump of the recent days as 60k USD proved to be a good support with the bulls trying to take BTC to 65k USD now, which is the next big resistance as per the charts. Short-term support was found around 62.5k USD level, which was already tested once yesterday on this leg up. Another factor that suggests that Bitcoin bottom might be in is the Coinbase premium index - with FalconX head of research pointing out the last time this happened, Bitcoin rallied hard from Oct'23 to March'24.”
Rajagopal Menon, Vice President, WazirX, said, “Bitcoin has risen by 0.55% today, maintaining its position above the crucial $63,000 mark. This $63-64k zone is seen as a potential trigger for a new bullish phase if sustained. Optimism abounds as Bitcoin targets the $64,000 level. Technical indicators present a mixed outlook, but there is hope that the miners' sell-off phase is over. Short-term bullish sentiment is supported by the 10-period EMA and SMA signalling buys, although long-term resistance could pose challenges unless key support levels remain intact.”
Shivam Thakral, CEO of BuyUcoin, said, “Bitcoin has recovered recently, rising 5% following a notable 23% decline. According to the charts, Bitcoin is leveling out and creating a solid support zone around $60,000. Bitcoin is expected to fluctuate between $60,000 and $65,000 in the short to medium term. If market circumstances remains positive, bullish momentum may drive it toward the $70,000 barrier level. Because of the volatility of the market, traders should be wary of any potential pullbacks.”
CoinDCX Research Team told ABP Live, “The crypto market remained neutral as traders and investors await key U.S. macro events. BTC and ETH saw slight gains, while altcoins performed well as BTC’s stability helped alts to pump. A concern is the open BTC futures CME gap at $61,000 to $62,000, which often gets filled, though the timing is uncertain. Technically, both BTC and ETH look strong.”
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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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