Cryptocurrency Price Today: Bitcoin Regains $24,000 After Brief Dip, Ethereum Continues Bull Run Following Tesnet Merge
Cryptocurrency price on August 12 quick take: The Goerli Testnet Merge resulted in a 14 percent gain for Ethereum.
Ethereum (ETH) saw a massive 14 percent gain as the network’s third and final testnet — Goerli — switched over to a proof-of-stake consensus algorithm ahead of its much-awaited Merge. Bitcoin (BTC), the world’s oldest and most valued crypto, dipped below the $24,000 mark for a brief spell, before reclaiming the price point on early Friday morning. Alongside, most other popular altcoins, including the likes of Dogecoin (DOGE), Solana (SOL), and Ripple (XRP), founded themselves in the red across the board. Among lesser-known cryptocurrencies, the Ankr (ANKR) token emerged to be the biggest gainer in the last 24 hours, with a boost of over 40 percent.
At the time of writing, the global crypto market cap stood at $1.15 trillion as per CoinMarketCap data, registering a 24-hour dip of 1.30 percent.
Bitcoin (BTC) price today
BTC was priced at $24,002.80 at the time of writing. As per CoinMarketCap, Bitcoin saw a 24-hour dip of 2.42 percent. As per Indian exchange WazirX, BTC price stood at Rs 18 lakhs.
Ethereum (ETH) price today
ETH price stood at $1,893.40, marking a 24-hour dip of 0.31 percent. As per WazirX, Ethereum price in India stood at Rs 1.42 lakhs.
Dogecoin (DOGE) price today
DOGE registered a 24-hour dip of 1.55 percent as per CoinMarketCap data, currently priced at $0.07113. As per WazirX, Dogecoin price in India stood at Rs 5.21.
Litecoin (LTC) price today
Litecoin saw a 24-hour dip of 1.03 percent. At the time of writing, it was priced at $61.12. LTC price in India stood at Rs 4,510.
Ripple (XRP) price today
XRP price stood at $0.3778, seeing a 24-hour dip of 1.54 percent. As per WazirX, Ripple price stood at Rs 28.40.
Solana (SOL) price today
Solana price stood at $43.32, marking a 24-hour dip of 2.33 percent. As per WazirX, SOL price in India stood at Rs 3,105.
Top crypto gainers today (August 12)
As per CoinMarketCap data, here are the top five crypto gainers over the past 24 hours:
Ankr (ANKR)
Price: $0.04994
24-hour gain: 42.22 percent
Bitcoin Gold (BTG)
Price: $32.05
24-hour gain: 9.36 percent
Ethereum Classic (ETC)
Price: $41.69
24-hour gain: 7.43 percent
XDC Network (XDC)
Price: $0.03613
24-hour gain: 6.08 percent
Zilliqa (ZIL)
Price: $0.04711
24-hour gain: 1.91 percent
Top crypto losers today (August 12)
As per CoinMarketCap data, here are the top five crypto losers over the past 24 hours:
Arweave (AR)
Price: $14.75
24-hour loss: 6.59 percent
Internet Computer (ICP)
Price: $8.15
24-hour loss: 5.42 percent
Convex Finance (CVX)
Price: $7.30
24-hour loss: 5.13 percent
Synthetix (SNX)
Price: $4.06
24-hour loss: 5.09 percent
Lido DAO (LDO)
Price: $2.58
24-hour loss: 5.07 percent
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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