Cryptocurrency Price Today: Bitcoin Dips Down To $65,000 As Top Coins See Bloodbath
Cryptocurrency price on June 18 quick take: The global market cap dipped to $2.37 trillion.
Bitcoin (BTC), the world’s oldest and most valued cryptocurrency, dipped below the $66,000 mark early Tuesday. Other popular altcoins — including the likes of Ethereum (ETH), Dogecoin (DOGE), Ripple (XRP), Solana (SOL), and Litecoin (LTC) — saw a bloodbath across the board as the overall Market Fear & Greed Index stood at 55 (Neutral) out of 100, as per CoinMarketCap data. The Ripple (XRP) token emerged to be the biggest gainer, with a meager 24-hour jump of nearly 1 percent. zkSync (ZK) became the biggest loser, with a 24-hour dip of nearly 30 percent.
The global crypto market cap stood at $2.37 trillion at the time of writing, registering a 24-hour dip of 2.50 percent.
Bitcoin (BTC) Price Today
Bitcoin price stood at $65,502.80, registering a 24-hour dip of 1.01 percent, as per CoinMarketCap. According to Indian exchange WazirX, BTC price stood at Rs 59.69 lakh.
Ethereum (ETH) Price Today
ETH price stood at $3,434.39, marking a 24-hour dip of 3.23 percent at the time of writing. As per WazirX, Ethereum price in India stood at Rs 3.16 lakh.
Dogecoin (DOGE) Price Today
DOGE registered a 24-hour loss of 8.77 percent, as per CoinMarketCap data, currently priced at $0.1219. As per WazirX, Dogecoin price in India stood at Rs 11.31.
Litecoin (LTC) Price Today
Litecoin saw a 24-hour dip of 5.68 percent. At the time of writing, it was trading at $73.32. LTC price in India stood at Rs 6,756.81.
Ripple (XRP) Price Today
XRP price stood at $0.4894, seeing a 24-hour gain of 0.42 percent. As per WazirX, Ripple price stood at Rs 44.99.
Solana (SOL) Price Today
Solana price stood at $137.49, marking a 24-hour dip of 7.47 percent. As per WazirX, SOL price in India stood at Rs 12,539.55.
Top Crypto Gainers Today (June 18)
As per CoinMarketCap data, here are the top five crypto gainers over the past 24 hours:
Ripple (XRP)
Price: $0.4938
24-hour gain: 0.39 percent
JasmyCoin (JASMY)
Price: $0.03748
24-hour gain: 11.77 percent
Lido DAO (LDO)
Price: $2.17
24-hour gain: 9.21 percent
Dog (Runes) (DOG)
Price: $0.0073
24-hour gain: 9.18 percent
Jupiter (JUP)
Price: $0.9176
24-hour gain: 7.48 percent
Top Crypto Losers Today (June 18)
As per CoinMarketCap data, here are the top five crypto losers over the past 24 hours:
zkSync (ZK)
Price: $0.2033
24-hour loss: 29.15 percent
Fantom (FTM)
Price: $0.5186
24-hour loss: 18.02 percent
Starknet (STRK)
Price: $0.7483
24-hour loss: 17.35 percent
Worldcoin (WLD)
Price: $2.81
24-hour loss: 16.77 percent
Core (CORE)
Price: $1.36
24-hour loss: 16.51 percent
What Crypto Exchanges Are Saying About Current Market Scenario
Mudrex co-founder and CEO Edul Patel told ABP Live, “Bitcoin bears continued to remain aggressive as the market saw yet another day of Bitcoin prices falling, although only marginally. Currently, Bitcoin trades below the $65,500 mark, with its closest support level at $65,353 and the next resistance level at $67,310. Meanwhile, Ethereum too continued on its downward trend, with over 4% losses in the last 24 hours. Despite this, the overall market sentiment continues to remain greedy.”
CoinSwitch Markets Desk noted, “Markets took a beating in the early hours today, Bitcoin slumped to its lowest price in a month below 65.5k USD as altcoins bled further with ETH losing 4% and SOL down more than 8%. The overall liquidations in the last 24 hours now stand at 480 million dollars across exchanges as per the data from Coinglass.”
Rajagopal Menon, Vice President, WazirX, said, “Bitcoin (BTC) continues to struggle under bearish pressure, with key technical indicators signalling potential further declines. The hourly MACD is gaining momentum in the bearish zone, suggesting increased selling pressure. Key support levels to watch are $65,000 and $64,500. Bitcoin's ability to hold these support levels will be crucial in determining its short-term direction. Ethereum's price has declined once more, retesting the $3,365 support level. A new upward surge towards $3,700 is possible if ETH remains above the crucial $3,365 support. The current price is below the 100-hour Simple Moving Average.”
Shivam Thakral, CEO of BuyUcoin, said, “The crypto market witnessed heavy liquidations recently primarily due to the hawkish stance by the US Fed. The centralized exchanges witnessed liquidations with $96 million wiped off in 24 hours as per the data from Coinglass. At the time of writing, BTC was trading at the $65,500 mark while ETH was changing hands at the $3436 level. We can expect the market volatility to continue owing to uncertain macroeconomic factors.”
CoinDCX Research Team told ABP Live, “The crypto market has experienced a decline over the last few days, with significant drops in BTC and ETH leading to a substantial decrease in altcoins, resulting in the liquidation of many high leverage long positions. Technically, BTC is currently in a downtrend, facing key resistance at $67,000 and finding support at $64,600. ETH is standing at a crucial support level, slightly above $3,400. Overall, the market looks choppy and uncertain at the moment.”
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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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