Cryptocurrency Price Today: Bitcoin Rises Above $24,000 Yet Again, Ethereum Crosses $1,800 In Massive Rally
Cryptocurrency price on August 11 quick take: The global crypto market cap saw a major jump of over 6 percent.
Bitcoin (BTC), the world’s oldest and most valued cryptocurrency, managed to climb above the $24,000 mark yet again following a dip over the past few days. Ethereum (ETH), the world’s second most valued crypto coin gained over 12 percent to rise above the $1,800 mark. Alongside, most other popular altcoins, including the likes of Dogecoin (DOGE), Solana (SOL), and Ripple (XRP), managed to see themselves in the green as well. Among lesser-known altcoins, the Celsius (CEL) token emerged as the biggest gainer, whereas UNUS SED LEO (LEO) turned out to be the biggest loser over the past 24 hours.
At the time of writing, the global crypto market cap stood at $1.15 trillion as per CoinMarketCap data, registering a 24-hour gain of 6.84 percent.
Bitcoin (BTC) price today
BTC was priced at $24,421.60 at the time of writing. As per CoinMarketCap, Bitcoin saw a 24-hour gain of 6.47 percent. As per Indian exchange WazirX, BTC price stood at Rs 18.23 lakhs.
Ethereum (ETH) price today
ETH price stood at $1,887.12, marking a 24-hour gain of 12.40 percent. As per WazirX, Ethereum price in India stood at Rs 1.41 lakhs.
Dogecoin (DOGE) price today
DOGE registered a 24-hour gain of 5.39 percent as per CoinMarketCap data, currently priced at $0.07187. As per WazirX, Dogecoin price in India stood at Rs 5.40.
Litecoin (LTC) price today
Litecoin saw a 24-hour gain of 6.24 percent. At the time of writing, it was priced at $62.26. LTC price in India stood at Rs 4,710.
Ripple (XRP) price today
XRP price stood at $0.3829, seeing a 24-hour gain of 5.50 percent. As per WazirX, Ripple price stood at Rs 29.
Solana (SOL) price today
Solana price stood at $44.22, marking a 24-hour gain of 11.80 percent. As per WazirX, SOL price in India stood at Rs 3,227.95.
Top crypto gainers today (August 11)
As per CoinMarketCap data, here are the top five crypto gainers over the past 24 hours:
Celsius (CEL)
Price: $2.38
24-hour gain: 31.74 percent
Lido DAO (LDO)
Price: $2.71
24-hour gain: 19.85 percent
Aave (AAVE)
Price: $111.86
24-hour gain: 14.96 percent
Synthetix (SNX)
Price: $4.29
24-hour gain: 13.76 percent
THORChain (RUNE)
Price: $3.00
24-hour gain: 13.40 percent
Top crypto losers today (August 11)
As per CoinMarketCap data, here are the top five crypto losers over the past 24 hours:
UNUS SED LEO (LEO)
Price: $4.77
24-hour loss: 3.42 percent
PAX Gold (PAXG)
Price: $1,781.03
24-hour loss: 0.43 percent
TrueUSD (TUSD)
Price: $1.00
24-hour loss: 0.02 percent
USDD (USDD)
Price: $0.9998
24-hour loss: 0.02 percent
Binance USD (BUSD)
Price: $1.00
24-hour loss: 0.02 percent
Edul Patel, the CEO and Co-Founder of crypto exchange Mudrex, told ABP Live, “The largest altcoin, Ether, led the rally across the cryptocurrency market over the past 24 hours as it moved past the $1,800 mark. The sentiment was replicated throughout the rest of the market as the entire market cap jumped higher by more than 4 percent. It is a good sign for the market participants as an increasing volume signals increased participation by bulls to bring the market out of the bear cycle.”
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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