Bitcoin (BTC), the world’s oldest and most valued cryptocurrency, failed to rise above the $62,000 mark early Wednesday. Other popular altcoins — including the likes of Ethereum (ETH), Dogecoin (DOGE), Ripple (XRP), Solana (SOL), and Litecoin (LTC) — saw a mix of minor gains across the board as the overall Market Fear & Greed Index stood at 46 (Neutral) out of 100, as per CoinMarketCap data. The Notcoin (NOT) token emerged to be the biggest gainer, with a 24-hour jump of nearly 14 percent. Arweave (AR) became the biggest loser, with a 24-hour dip of over 5 percent.
The global crypto market cap stood at $2.27 trillion at the time of writing, registering a 24-hour gain of 0.87 percent.
Bitcoin (BTC) Price Today
Bitcoin price stood at $61,497.21, registering a 24-hour jump of 0.90 percent, as per CoinMarketCap. According to Indian exchange WazirX, BTC price stood at Rs 55.15 lakh.
Ethereum (ETH) Price Today
ETH price stood at $3,380.46, marking a 24-hour gain of 0.47 percent at the time of writing. As per WazirX, Ethereum price in India stood at Rs 3.03 lakh.
Dogecoin (DOGE) Price Today
DOGE registered a 24-hour gain of 2.27 percent, as per CoinMarketCap data, currently priced at $0.1251. As per WazirX, Dogecoin price in India stood at Rs 11.30.
Litecoin (LTC) Price Today
Litecoin saw a 24-hour gain of 1.26 percent. At the time of writing, it was trading at $71.52. LTC price in India stood at Rs 6,461.46.
Ripple (XRP) Price Today
XRP price stood at $0.474, seeing a 24-hour gain of 0.24 percent. As per WazirX, Ripple price stood at Rs 42.55.
Solana (SOL) Price Today
Solana price stood at $136.37, marking a 24-hour gain of 1.14 percent. As per WazirX, SOL price in India stood at Rs 12,150.
Top Crypto Gainers Today (June 26)
As per CoinMarketCap data, here are the top five crypto gainers over the past 24 hours:
Notcoin (NOT)
Price: $0.0161
24-hour gain: 13.27 percent
Ethereum Name Service (ENS)
Price: $24.63
24-hour gain: 8.21 percent
Pepe (PEPE)
Price: $0.00001258
24-hour gain: 7.76 percent
dogwifhat (WIF)
Price: $2
24-hour gain: 7.75 percent
Stacks (STX)
Price: $1.72
24-hour gain: 7.45 percent
Top Crypto Losers Today (June 26)
As per CoinMarketCap data, here are the top five crypto losers over the past 24 hours:
Arweave (AR)
Price: $27.92
24-hour loss: 5.60 percent
NEAR Protocol (NEAR)
Price: $5.27
24-hour loss: 4.94 percent
Pendle (PENDLE)
Price: $5.54
24-hour loss: 3.93 percent
LayerZero (ZRO)
Price: $2.66
24-hour loss: 3.81 percent
Sui (SUI)
Price: $0.8462
24-hour loss: 3.44 percent
What Crypto Exchanges Are Saying About Current Market Scenario
Mudrex co-founder and CEO Edul Patel told ABP Live, “Bitcoin after testing the $58,000 on Monday rebounded to $62,000 in the past 24 hours. This move coincided with a recovery in Nvidia and the Nasdaq Composite, both of which experienced their worst days since April in the previous session. The next resistance level for Bitcoin is at $62,900, while support is at $61,600. Meanwhile, Solana also surged following an announcement from the Solana Foundation about an update that enables users to share on-chain actions as shareable links across the internet.”
CoinSwitch Markets Desk noted, “Bitcoin continues to hold the 61k USD mark, it’s only the second-highest gainer day in June so far as the overall market structure remains perfectly in balance for both bulls and bears to make their respective cases. However, the Bitcoin chart needs significant sell pressure on the downside to break the 4-month low of 56.5k USD and is likely to test 70k USD again first.”
Sathvik Vishwanath, CEO and co-founder of Unocoin, said, “Bitcoin (BTC) has struggled recently, falling below $61,000, but is recovering and trading above that level. Factors contributing to its decline include the transfer of 6,500 BTC by the German government, worth $425 million, which sparked speculation of increased selling pressure. In addition, Bitcoin ETFs saw significant outflows exceeding $1 billion, with Grayscale's GBTC seeing a total outflow of $18.4 billion. Institutional sell-offs amid global uncertainty further weighed on BTC prices. BTC is currently trading at $61,340 and is facing resistance levels at $63,435, $64,510 and $65,710 with support at $60,620, $59,670 and $58,630. The Relative Strength Index (RSI) at 37 shows potential oversold conditions that may signal a recovery. A break above $62,140 could lead to an uptick in sentiment, while a break above $60,620 could increase selling pressure.”
Shivam Thakral, CEO of BuyUcoin, said, “The selling pressure on BTC continues as it slipped below the $60,000 level yesterday but buying activity pushed the BTC price above $61,000. Bitcoin still seems to be above the 200-day moving average which is a good sign for recovering the world’s largest digital asset. The crypto market will stabilize if the buying interest grows within the investor community. Mt. Gox, which is supposed to return over 140,000 BTC to victims of a 2014 hack, said it will begin repayments next month. This news is expected to create some disruption in the digital asset 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.