Cryptocurrency Price Today: Bitcoin, Ethereum Register Dips; Global Crypto Market Cap Remains Above $1 Trillion

Cryptocurrency price on July 20 quick take: BTC, ETH, most other popular altcoins have seen minor dips over the past 24 hours.

The global crypto market cap stood at $1.02 trillion.

Source : Quantitatives/Unsplash

Bitcoin (BTC), Ethereum (ETH), Dogecoin (DOGE), and several other cryptocurrencies have registered minor dips in the past 24 hours. While Bitcoin managed to touch the $24,000 mark on Wednesday, Ethereum, too, managed to float above $1,600. However, both the crypto coins lost most of their value on early Thursday morning. On the other hand, Monero (XMR) turned out to be the biggest gainer over the past 24 hours, along with a handful of other altcoins including Binance USD (BUSD). 

At the time of writing, the global crypto market cap stood at $1.02 trillion as per CoinMarketCap data, registering a 24-hour dip of 3.52 percent. 

Bitcoin (BTC) price today

At the time of writing, BTC was priced at $22,922.19. As per CoinMarketCap, Bitcoin saw a 24-hour loss of 1.9 percent. As per Indian exchange WazirX, BTC price stood at Rs 18.83  lakhs.

Ethereum (ETH) price today

With a 24-hour dip of 4.77 percent, ETH price stood at $1,487.21. As per WazirX, Ethereum price in India stood at Rs 1.22 lakhs.

Dogecoin (DOGE) price today

DOGE saw a 24-hour loss of 3.47 percent as per CoinMarketCap data, currently priced at $0.0683. As per WazirX, Dogecoin price in India stood at Rs 5.60.

Litecoin (LTC) price today

Litecoin registered a loss of 3.9 percent over the past 24 hours. At the time of writing, it was priced at $56.05. LTC price in India stood at Rs 4,525.

Ripple (XRP) price today

XRP price stood at $0.3579, seeing a 24-hour loss of 5.08 percent. As per WazirX, Ripple price stood at Rs 29.10.

Solana (SOL) price today

Solana price stood at $40.81, marking a 24-hour loss of 9.86 percent. As per WazirX, SOL price in India stood at Rs 3,351.21.

Top crypto gainers today (July 21)

As per CoinMarketCap data, here are the top five crypto gainers over the past 24 hours:

Monero (XMR)

Price: $150.90
24-hour gain: 2.15 percent

Binance USD (BUSD)

Price: $1.00
24-hour gain: 0.15 percent

Top crypto losers today (July 21)

As per CoinMarketCap data, here are the top five crypto losers over the past 24 hours:

Fantom (FTM)

Price: $0.3034
24-hour loss: 13.71 percent

Flow (FLOW) 

Price: $1.78
24-hour loss: 13.27 percent

Gala (GALA)

Price: $0.05258
24-hour loss: 13.08 percent

NEM (XEM)

Price: $0.04679
24-hour loss: 13.03 percent

Polygon (MATIC)

Price: $0.8245
24-hour loss: 12.45 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 and Ethereum rallied for another consecutive day on Wednesday, reaching $24,000 and $1,600, with bulls dominating the market. However, both the cryptos have been seen to be running slightly lower early this morning, with bears entering the market. If bulls can hold above the current level, we might see BTC rise from $27,000 to $32,000 in the coming days. If not, we might see BTC fall back to $21,000. Similarly, if bulls can hold ETH above $1,500, we might see it reach $1,700. If not, it may fall back below the $1,400 level.”

Commenting on the crypto market scenario, Sathvik Vishwanath, CEO and Co-Founder of crypto exchange Unocoin told ABP Live, “Wednesday market started with great bullish trend gathering a positive impact of up to 8 percent market capitalisation. However, over the course of the day about half of this gain got neutralised. Given the positive trend for four continuous days, short-term investors are treating this to be the reversal in the trend and considering this to be a bullish market again. This increased the volumes on exchanges by up to 30 percent but the depth charts continue to suggest that the present increase is temporary.”

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.