Cryptocurrency Price Today: Bitcoin, Ethereum, Top Coins Trade Sideways; KAVA Becomes Top Gainer
Cryptocurrency price on June 19 quick take: The global market cap stood at $1.07 trillion.
Bitcoin (BTC) and Ethereum (ETH), two of the most popular cryptocurrencies in the world, failed to show notable movement over the weekend. Other popular altcoins — including the likes of Dogecoin (DOGE), Ripple (XRP), Litecoin (LTC), and Solana (SOL) — saw a mix of minor dips and gains across the board. KuCoin Token (KCS), which was the top gainer last Friday, emerged to be the top loser today, with a 24-hour dip of over 7 percent. KAVA became the top gainer, with a 24-hour jump of nearly 4 percent.
The global crypto market cap stood at $1.07 trillion at the time of writing, registering a 24-hour dip of 0.25 percent.
Bitcoin (BTC) Price Today
Bitcoin price stood at $26,405.80, registering a 24-hour dip of 0.37 percent, as per CoinMarketCap. According to Indian exchange WazirX, BTC price stood at Rs 23.69 lakh.
Ethereum (ETH) Price Today
ETH price stood at $1,724.42, marking a 24-hour dip of 0.17 percent at the time of writing. As per WazirX, Ethereum price in India stood at Rs 1.54 lakh.
Dogecoin (DOGE) Price Today
DOGE registered a 24-hour jump of 0.20 percent, as per CoinMarketCap data, currently priced at $0.06202. As per WazirX, Dogecoin price in India stood at Rs 5.48.
Litecoin (LTC) Price Today
Litecoin saw a 24-hour gain of 0.10 percent. At the time of writing, it was trading at $77.24. LTC price in India stood at Rs 6,800.
Ripple (XRP) Price Today
XRP price stood at $0.4899, seeing a 24-hour gain of 1.75 percent. As per WazirX, Ripple price stood at Rs 43.50.
Solana (SOL) Price Today
Solana price stood at $15.55, marking a 24-hour loss of 0.35 percent. As per WazirX, SOL price in India stood at Rs 1,383.
Top Crypto Gainers Today (June 19)
As per CoinMarketCap data, here are the top five crypto gainers over the past 24 hours:
Kava (KAVA)
Price: $0.811
24-hour gain: 3.66 percent
Shiba Inu (SHIB)
Price: $0.000007165
24-hour gain: 3.14 percent
Maker (MKR)
Price: $680.89
24-hour gain: 2.09 percent
Ripple (XRP)
Price: $0.4905
24-hour gain: 1.86 percent
Polkadot (DOT)
Price: $4.58
24-hour gain: 1.30 percent
Top Crypto Losers Today (June 19)
As per CoinMarketCap data, here are the top five crypto losers over the past 24 hours:
KuCoin Token (KCS)
Price: $6.81
24-hour loss: 7.06 percent
Sui (SUI)
Price: $0.7238
24-hour loss: 6.50 percent
Injective (INJ)
Price: $5.92
24-hour loss: 6.11 percent
Render Token (RNDR)
Price: $1.97
24-hour loss: 5.07 percent
ApeCoin (APE)
Price: $2.01
24-hour loss: 4.99 percent
What Crypto Exchanges Are Saying About Current Market Scenario
Edul Patel, Co-founder and CEO, Mudrex, told ABP Live, "Bitcoin remained stable above the $26,400 level over the weekend, following a volatile week. The failure of bears to keep BTC below $25,000 likely attracted bullish investors aiming to initiate a recovery. Nevertheless, the overall trend still favours the bears. BTC's support is currently at $26,386, with resistance at $26,633. Similarly, Ethereum mirrored Bitcoin's performance and is currently trading above the $1,720 threshold."
Parth Chaturvedi, Investments Lead, CoinSwitch Ventures, said, “Crypto markets traded in a tight range over the weekend, and in the last 24 hours. Global crypto market capitalisation is currently $1.11 trillion, down 0.1 percent. The crypto fear and index continued to stand below 50 for the last 10 days; currently at 47, down 2 points from yesterday. The fact that market capitalisation and BTC prices continue to remain above $1.1 trillion and $25,000, respectively, hints towards slight resilience building amongst investors after last week.”
Rajagopal Menon, Vice President, WazirX, offered his take, "APAC is enticing digital asset businesses, with Hong Kong having released its latest set of regulations. The unchanged price hike by the US Fed could see Bitcoin’s price go further down."
Sathvik Vishwanath, CEO and co-founder of Unocoin, said, “Today's Bitcoin price is $26,429.20 with a 24-hour trading volume of $9.67 billion. BTC is -0.15 percent in the last 24 hours. It is currently -1.56 percent away from its 7-day high of $26,848.12 and 6.14 percent away from its 7-day low of $24,900.76. Ethereum price today is $1,727.31 with a 24-hour trading volume of $3.88 billion. ETH is +0.09 percent in the last 24 hours. It is currently -1.91 percent away from its 7-day high of $1,760.91 and 6.06 percent away from its 7-day low of $1,628.66. The price of BNB today is $243.69 with a 24-hour trading volume of $374.73 million. BNB is -0.44 percent in the last 24 hours. It is currently -3.43 percent away from its 7-day high of $252.34 and 9.83% away from its 7-day low of $221.87.”
Shivam Thakral, CEO, BuyUcoin, said, "The crypto market remained flat during the last 24 hours as the rate hike pause by the US Fed failed to cheer the market. The interest rates are already high due to the continuous hike for almost a year and the market is expecting a rate cut which will spark economic activity and boost liquidity in the market. Over the last 24 hours, the crypto market volume reached $20.73 billion, marking a 12.36 percent decrease. Within this landscape, the DeFi sector stands strong with a total volume of $1.4 billion, accounting for 6.74 percent of the market's 24-hour volume. Meanwhile, stablecoins reign supreme, commanding a volume of $19.16 billion, representing a staggering 92.45 percent of the overall market volume."
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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.