Cryptocurrency Price Today: Bitcoin Remains Below $66,000, Lido DAO Becomes Top Gainer
Cryptocurrency price on June 19 quick take: The global market cap rose to $2.38 trillion.
Bitcoin (BTC), the world’s oldest and most valued cryptocurrency, failed to rise above the $66,000 mark early Wednesday. Other popular altcoins — including the likes of Ethereum (ETH), Dogecoin (DOGE), Ripple (XRP), Solana (SOL), and Litecoin (LTC) — managed to see minor gains across the board as the overall Market Fear & Greed Index stood at 52 (Neutral) out of 100, as per CoinMarketCap data. The Lido DAO (LDO) token emerged to be the biggest gainer, with a 24-hour jump of nearly 20 percent. Toncoin (TON) became the biggest loser, with a 24-hour dip of over 6 percent.
The global crypto market cap stood at $2.38 trillion at the time of writing, registering a 24-hour gain of 0.72 percent.
Bitcoin (BTC) Price Today
Bitcoin price stood at $65,484.52, registering a 24-hour dip of 0.29 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 $3,558.16, marking a 24-hour jump of 3.30 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 gain of 2.84 percent, as per CoinMarketCap data, currently priced at $0.1255. As per WazirX, Dogecoin price in India stood at Rs 11.31.
Litecoin (LTC) Price Today
Litecoin saw a 24-hour jump of 1.33 percent. At the time of writing, it was trading at $74.32. LTC price in India stood at Rs 6,756.81.
Ripple (XRP) Price Today
XRP price stood at $0.4933, seeing a 24-hour gain of 0.55 percent. As per WazirX, Ripple price stood at Rs 44.99.
Solana (SOL) Price Today
Solana price stood at $140.59, marking a 24-hour gain of 2.43 percent. As per WazirX, SOL price in India stood at Rs 12,539.55.
Top Crypto Gainers Today (June 19)
As per CoinMarketCap data, here are the top five crypto gainers over the past 24 hours:
Lido DAO (LDO)
Price: $2.38
24-hour gain: 19.93 percent
Ethereum Name Service (ENS)
Price: $26.82
24-hour gain: 15.03 percent
zkSync (ZK)
Price: $0.2247
24-hour gain: 11.08 percent
Maker (MKR)
Price: $2,447.17
24-hour gain: 10.28 percent
Arweave (AR)
Price: $27.95
24-hour gain: 10.05 percent
Top Crypto Losers Today (June 19)
As per CoinMarketCap data, here are the top five crypto losers over the past 24 hours:
Toncoin (TON)
Price: $7.06
24-hour loss: 6.09 percent
JasmyCoin (JASMY)
Price: $0.03286
24-hour loss: 4.64 percent
Jupiter (JUP)
Price: $0.7716
24-hour loss: 2.73 percent
Monero (XMR)
Price: $168.87
24-hour loss: 2.59 percent
Celestia (TIA)
Price: $6.54
24-hour loss: 2.58 percent
What Crypto Exchanges Are Saying About Current Market Scenario
Mudrex co-founder and CEO Edul Patel told ABP Live, “Bitcoin fell below the $65,000 mark for the first time in over a month following $420 million in liquidated long positions. The next support level is anticipated at $64,500, while resistance stands at $66,100. Meanwhile, Ethereum saw a nearly 3% increase over the last day. Ethereum ETF issuers received SEC feedback on their S-1 forms last week, with a deadline to finalize them by this Friday. Overall, the market has been slowly rebounding from recent declines.”
CoinSwitch Markets Desk noted, “After a significant decline in most altcoins following Bitcoin's dip of over 3% to $64,000, support was found as Bitcoin rebounded to $65,500. Although Bitcoin appears slightly bearish on shorter time frames, it is performing well on weekly charts, indicating that the bull market is likely still ongoing. Bitcoin's dominance also remains steady at around 55%. The reversal was likely triggered by news from Ethereum developer Consensys, announcing that the US Securities and Exchange Commission is ending its investigation into whether ETH is a security and whether sales of ETH constitute security transactions.”
Rajagopal Menon, Vice President, WazirX, said, “Bitcoin's immediate support is near the psychological level of $65,000, with a recent low at $64,600 after losing the critical $66,000 support. A break below $64,600 could trigger additional selling pressure, potentially pushing prices lower in the coming days. The decline in Bitcoin's price is driven by three key factors: increased selling pressure from miners due to reduced revenues and rising ETF outflows.”
Sathvik Vishwanath, CEO and co-founder of Unocoin, said, “BTC fell 0.5% in the last 24 hours to $65,617 in a 2% market decline, having lost 2.5% for the week and 5% for two weeks. Despite recent declines, BTC is up 146% year-to-date driven by demand for ETFs. Indicators such as the RSI rising to 50 reflect support at $64,500 and indicate potential momentum. Whales are buying and expecting a rebound, likely boosted by upcoming Ethereum ETFs and a potential Fed rate cut by winter. BTC could reach $70,000 by the end of the summer and $80,000 by the New Year.”
CoinDCX Research Team told ABP Live, “The crypto market continued to fall yesterday. BTC touched $64,000 for the first time in the last few weeks, with BTC dominance (BTC.D) also seeing a slight decline. BTC's key support remains at $64,600, which is holding strong. ETH outperformed BTC and is now slightly near $3,600. The ETH/BTC pair jumped from a key support level, which is a positive sign for altcoins.”
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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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