Cryptocurrency Price Today: Bitcoin Dips Below $24,000; Celsius Emerges As Biggest Gainer After Days Of Slump
Cryptocurrency price on August 18 quick take: Celsius was the biggest loser for two days in a row before seeing a recovery.
Bitcoin (BTC), the world’s oldest and most valued cryptocurrency, dipped below the $24,000 mark after rising above it briefly on Wednesday. The Celsius (CEL) token emerged as the biggest gainer on early Thursday morning, after the embattled and bankrupt Celsius crypto platform managed to get a signoff from a US judge to mine and sell Bitcoins. Alongside, other popular altcoins, including the likes of Ethereum (ETH), Dogecoin (DOGE), Litecoin (LTC), and Ripple (XRP) saw minor dips across the board. Among lesser-known altcoins, the EOS token turned out to be the biggest loser in the last 24 hours.
At the time of writing, the global crypto market cap stood at $1.12 trillion as per CoinMarketCap data, registering a 24-hour dip of 2.72 percent.
Bitcoin (BTC) price today
BTC was priced at $23,452.67 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 19.21 lakhs.
Ethereum (ETH) price today
ETH price stood at $1,849.72, marking a 24-hour loss of 2.49 percent at the time of writing. As per WazirX, Ethereum price in India stood at Rs 1.54 lakhs.
Dogecoin (DOGE) price today
DOGE registered a 24-hour dip of 4.98 percent as per CoinMarketCap data, currently priced at $0.08088. As per WazirX, Dogecoin price in India stood at Rs 6.55.
Litecoin (LTC) price today
Litecoin saw a 24-hour dip of 4.99 percent. At the time of writing, it was priced at $60.80. LTC price in India stood at Rs 4,891
Ripple (XRP) price today
XRP price stood at $0.3732, seeing a 24-hour gain of 4.26 percent. As per WazirX, Ripple price stood at Rs 30.54.
Solana (SOL) price today
Solana price stood at $40.79, marking a 24-hour gain of 7.29 percent. As per WazirX, SOL price in India stood at Rs 3,400.
Top crypto gainers today (August 18)
As per CoinMarketCap data, here are the top five crypto gainers over the past 24 hours:
Celsius (CEL)
Price: $2.87
24-hour gain: 17.46 percent
Chiliz (CHZ)
Price: $0.2162
24-hour gain: 5.86 percent
Ethereum Classic (ETC)
Price: $41.05
24-hour gain: 1.25 percent
yearn.finance (YFI)
Price: $11,229.25
24-hour gain: 0.51 percent
Fei USD (FEI)
Price: $0.9873
24-hour gain: 0.36 percent
Top crypto losers today (August 18)
As per CoinMarketCap data, here are the top five crypto losers over the past 24 hours:
EOS (EOS)
Price: $1.44
24-hour loss: 11.02 percent
Quant (QNT)
Price: $111.58
24-hour loss: 8.93 percent
Gala (GALA)
Price: $0.06338
24-hour loss: 8.92 percent
Loopring (LRC)
Price: $0.425
24-hour loss: 8.75 percent
Mina (MINA)
Price: $0.7803
24-hour loss: 8.36 percent
Edul Patel, the CEO and Co-Founder of Mudrex, told ABP Live, “We witnessed a decent rise in trading volumes with a corresponding correction. It indicates that the cryptocurrency market might remain volatile over the coming few days. Market participants will be closely tracking the nearest resistance levels for BTC and ETH, which are $25,000 and $2,000, respectively.”
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.