Cryptocurrency Price Today: Ethereum Crosses $1,500, Global Market Cap Rises Above $1 Trillion After Weeks
Cryptocurrency price on July 19 — Quick take: Bitcoin price managed to climb above $22,000 briefly as Ethereum continues to grow steadily.
The global crypto market cap has managed to regain the $1-trillion mark after a weeks-long meltdown, dipping to nearly $800 billion earlier this month. Bitcoin (BTC), the world’s oldest and most valued crypto, managed to float above the $22,000 mark on early Tuesday morning but dipped slightly at the time of writing. Ethereum (ETH) price rose above the $1,500 mark, while other popular altcoins, including the likes of Solana (SOL) and Ripple (XRP), saw considerable gains across the board.
At the time of writing, the global crypto market cap stood at $1.02 trillion as per CoinMarketCap data, registering a 24-hour gain of 4.55 percent.
Bitcoin (BTC) price today
At the time of writing, BTC was priced at $21,797.31. As per CoinMarketCap, Bitcoin saw a 24-hour gain of 2.56 percent. As per Indian exchange WazirX, BTC price stood at Rs 17.85 lakhs.
Ethereum (ETH) price today
With a 24-hour gain of 7.06 percent, ETH price stood at $1,502.35. As per WazirX, Ethereum price in India stood at Rs 1,24,999.
Dogecoin (DOGE) price today
DOGE saw a 24-hour gain of 3.26 percent as per CoinMarketCap data, currently priced at $0.06694. As per WazirX, Dogecoin price in India stood at Rs 5.37.
Litecoin (LTC) price today
Litecoin registered a minor dip of 0.58 percent over the past 24 hours. At the time of writing, it was priced at $57.18. LTC price in India stood at Rs 4,581.
Ripple (XRP) price today
XRP price stood at $0.3574, seeing a 24-hour gain of 0.38 percent. As per WazirX, Ripple price stood at Rs 29.02.
Solana (SOL) price today
Solana price stood at $43.65, marking a 24-hour gain of 7.40 percent. As per WazirX, SOL price in India stood at Rs 3,509.96.
Top crypto gainers today (July 19)
As per CoinMarketCap data, here are the top five crypto gainers over the past 24 hours:
NEAR Protocol
Price: $4.49
24-hour gain: 21.23 percent
Ethereum Classic (ETC)
Price: $25.66
24-hour gain: 20.70 percent
THORChain (RUNE)
Price: $2.64
24-hour gain: 16.40 percent
Gala (GALA)
Price: $0.06051
24-hour gain: 15.74 percent
STEPN (GMT)
Price: $1.07
24-hour gain: 15.38 percent
Top crypto losers today (July 19)
As per CoinMarketCap data, here are the top five crypto losers over the past 24 hours:
Lido DAO (LDO)
Price: $1.52
24-hour loss: 11.90 percent
Internet Computer (ICP)
Price: $7.30
24-hour loss: 1.25 percent
BitTorrent-New (BTT)
Price: $0.0000009046
24-hour loss: 1.11 percent
Quant (QNT)
Price: $102.47
24-hour loss: 0.96 percent
Elrond (EGLD)
Price: $59.03
24-hour loss: 0.96 percent
What crypto exchanges are saying about the current market scenario
Edul Patel, the CEO and Co-Founder of crypto exchange Mudrex, told ABP Live, “Bitcoin hovered above the $22,000 level, gaining 5 percent over the previous day. If the price can fix at that level, we may see a further upward move. However, on the other side, Ethereum outperformed the crypto market by gaining nearly 12 percent as market participants are keen on the Merge ahead. This peak comes following Ethereum’s six consecutive days of higher highs taking the price above the $1,500 level showing great strength and recovery of the asset. If bulls can sustain the momentum, Ethereum could reach the $2,000 mark. If not, we can expect a retracement.”
Commenting on the crypto market scenario, Sathvik Vishwanath, CEO and Co-Founder of crypto exchange Unocoin told ABP Live, “The price recovery continued on Monday and the combined effect of one week of price action has ended up in over 10-percent green for most of the coins and tokens. The tokens which are meant to help with more number of transactions on the blockchains have seen as much as a 30 percent recovery within the last week since the prices started recovering. The tokens like Ether and Cardano saw a price increase of up to 10 percent in just the last 24 hours. Interestingly we have been seeing a bullish wedge pattern in the candle stick graphs for three days”
Tushar Gandotra, Founder and CEO of crypto exchange FiEx, told ABP Live, “MATIC and SOL are showing potential in the short term. They have been making a higher high and are able to manage to break the resistance and move upwards. The market structure has changed and the volumes have increased. It's a positive sign in these times.”
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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