Cryptocurrency Price Today: Bitcoin Dips To $21,000; ETH, DOGE, Other Altcoins Suffer Bloodbath
Cryptocurrency price on July 26 quick take: The global crypto market cap dipped below the $1-trillion mark, resulting in losses for most cryptocurrencies over the past 24 hours.
Bitcoin (BTC), the world’s oldest and most valued cryptocurrency, dipped to the $21,000 mark as the overall global market cap plunged below the $1-trillion mark this week. Alongside BTC, popular altcoins such as Ethereum (ETH), Dogecoin (DOGE), Solana (SOL), and Ripple (XRP) also registered heavy losses. The overall bullish sentiment also reflected on the prices of lesser-known altcoins, as Trust Wallet Token (TWT) emerged as the biggest gainer over the past 24 hours with an increase of just under 5 percent. Most other altcoins saw gains of less than 1 percent.
At the time of writing, the global crypto market cap stood at $967.59 billion as per CoinMarketCap data, registering a 24-hour loss of 3.76 percent.
Bitcoin (BTC) price today
At the time of writing, BTC was priced at $21,175.93. As per CoinMarketCap, Bitcoin saw a 24-hour dip of 3.27 percent. As per Indian exchange WazirX, BTC price stood at Rs 17.73 lakhs.
Ethereum (ETH) price today
With a 24-hour loss of 5.77 percent, ETH price stood at $1,426.84. As per WazirX, Ethereum price in India stood at Rs 1.2 lakhs.
Dogecoin (DOGE) price today
DOGE saw a 24-hour loss of 4.64 percent as per CoinMarketCap data, currently priced at $0.06174. As per WazirX, Dogecoin price in India stood at Rs 5.35.
Litecoin (LTC) price today
Litecoin registered a dip of 4.82 percent over the past 24 hours. At the time of writing, it was priced at $53.50. LTC price in India stood at Rs 4,555.34.
Ripple (XRP) price today
XRP price stood at $0.333, seeing a 24-hour loss of 4.06 percent. As per WazirX, Ripple price stood at Rs 28.
Solana (SOL) price today
Solana price stood at $36.18, marking a 24-hour loss of 4.68 percent. As per WazirX, SOL price in India stood at Rs 3,050.
Top crypto gainers today (July 26)
As per CoinMarketCap data, here are the top five crypto gainers over the past 24 hours:
Trust Wallet Token (TWT)
Price: $0.9043
24-hour gain: 4.75 percent
OKB (OKB)
Price: $14.81
24-hour gain: 0.87 percent
Qtum (QTUM)
Price: $3.27
24-hour gain: 0.86 percent
Pax Dollar (USDP)
Price: $0.9994
24-hour gain: 0.51 percent
USDD (USDD)
Price: $0.9988
24-hour gain: 0.22 percent
Top crypto losers today (July 26)
As per CoinMarketCap data, here are the top five crypto losers over the past 24 hours:
Lido DAO (LDO)
Price: $1.39
24-hour loss: 14.15 percent
Curve DAO Token (CRV)
Price: $1.17
24-hour loss: 12.24 percent
Convex Finance (CVX)
Price: $6.40
24-hour loss: 9.62 percent
Synthetix (SNX)
Price: $2.99
24-hour loss: 9.14 percent
Polygon (MATIC)
Price: $0.7615
24-hour loss: 8.99 percent
What crypto exchanges are saying about the current market scenario
Edul Patel, the CEO and Co-Founder of Mudrex, told ABP Live, “Bitcoin started the week on a lower note. It fell below the $22,000 level on Monday as the sentiment in the crypto market turned bearish. This could be due to the uncertainty over the upcoming Federal Open Market Committee’s meet-up, which can impact the prices in the market. A decisive move below the current level may take BTC to $19,000. But, if buying interest rises, we may see BTC trading at the $23,000 level soon.”
Commenting on the crypto market scenario, Sathvik Vishwanath, CEO and Co-Founder of Unocoin told ABP Live, “Monday started with weak crypto market and continued all day along continuously losing value. It started with a correction of about 2 percent in the morning and the day closed with a negative 5 percent across the board. The correction was similar with Bitcoin, native blockchain coins, and even on metaverse and meme coins. However, the coins meant for layer-2 blockchain like Polygon ended up losing up to 8 percent. The global exchange volumes have also seen a huge dip between last week to this week.”
FiEx Founder and CEO Tushar Gandotra told ABP Live, "As a result of the current global market downturn, investors have become more cautious in recent days. Bitcoin, the most popular and oldest cryptocurrency, has lost 3.95 percent of its value. Ether (ETH) and Litecoin (LTC) both fell 3.05 percent in the previous 24 hours. During the volatility, cryptocurrencies such as DOGE, which has outperformed other cryptocurrencies in terms of becoming viable investment options, are now trading at a -3.10 percent drop since the previous day."
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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