Cryptocurrency Price Today: Bitcoin Holds On To $30,000 Mark, Top Coins See Minor Dips
Cryptocurrency price on June 26 quick take: The global market cap stood at $1.18 trillion.
Bitcoin (BTC), the oldest and most valued cryptocurrency in the world, managed to remain above the $30,000 mark over the weekend, despite minor losses across the price charts. Other popular altcoins — including the likes of Ethereum (ETH), Dogecoin (DOGE), Ripple (XRP), Litecoin (LTC), and Solana (SOL) — landed in the reds across the board. PancakeSwap (CAKE) became the biggest gainer of the lot, with a 24-hour jump of nearly 10 percent.
The global crypto market cap stood at $1.18 trillion at the time of writing, registering a 24-hour dip of 1.15 percent.
Bitcoin (BTC) Price Today
Bitcoin price stood at $30,316.61, registering a 24-hour loss of 1.56 percent, as per CoinMarketCap. According to Indian exchange WazirX, BTC price stood at Rs 26.20 lakh.
Ethereum (ETH) Price Today
ETH price stood at $1,880.07, marking a 24-hour loss of 1.03 percent at the time of writing. As per WazirX, Ethereum price in India stood at Rs 1.61 lakh.
Dogecoin (DOGE) Price Today
DOGE registered a 24-hour dip of 2.54 percent, as per CoinMarketCap data, currently priced at $0.06594. As per WazirX, Dogecoin price in India stood at Rs 5.70.
Litecoin (LTC) Price Today
Litecoin saw a 24-hour loss of 3.09 percent. At the time of writing, it was trading at $87.31. LTC price in India stood at Rs 7,417.
Ripple (XRP) Price Today
XRP price stood at $0.4848, seeing a 24-hour loss of 1.09 percent. As per WazirX, Ripple price stood at Rs 41.90.
Solana (SOL) Price Today
Solana price stood at $16.75, marking a 24-hour dip of 1.49 percent. As per WazirX, SOL price in India stood at Rs 1,480.
Top Crypto Gainers Today (June 26)
As per CoinMarketCap data, here are the top five crypto gainers over the past 24 hours:
PancakeSwap (CAKE)
Price: $1.57
24-hour gain: 9.46 percent
Uniswap (UNI)
Price: $5.32
24-hour gain: 7.68 percent
ApeCoin (APE)
Price: $2.48
24-hour gain: 7.44 percent
Synthetix (SNX)
Price: $2.14
24-hour gain: 5.40 percent
dYdX (DYDX)
Price: $1.94
24-hour gain: 2.41 percent
Top Crypto Losers Today (June 26)
As per CoinMarketCap data, here are the top five crypto losers over the past 24 hours:
Ziliqa (ZIL)
Price: $0.02012
24-hour loss: 6.41 percent
Decentraland (MANA)
Price: $0.3826
24-hour loss: 5.85 percent
Bitcoin Cash (BCH)
Price: $195.60
24-hour loss: 5.82 percent
Conflux (CFX)
Price: $0.2293
24-hour loss: 5.34 percent
eCash (XEC)
Price: $0.00002357
24-hour loss: 5.17 percent
What Crypto Exchanges Are Saying About Current Market Scenario
Mudrex co-founder and CEO Edul Patel told ABP Live, “After surging past the significant milestone of $31,000 and reaching a one-year high on Friday, Bitcoin has entered a consolidation phase around the $30,000 mark in the last 24 hours. This consolidation period comes after an impressive week that saw Bitcoin's value rise by over 14 percent, generating a positive outlook among investors. Sustaining its position above the crucial US$30,000 level could potentially fuel further upward momentum for Bitcoin. Traders and investors should closely monitor the support level at $29,500.”
Parth Chaturvedi, Investments Lead, CoinSwitch Ventures, said, “Despite a fall of 1.6 percent in the last 24 hours, BTC continues to trade over the $30,000 mark with weekly gains of over 14 percent. BTC’s price action continues to be driven by investor optimism around institutional entry into ETFs. If BTC stays above $30,000, we may see further positive price action. ETH has lost some steam with prices down 0.8 percent in the last 24 hours but weekly gains of over 8%. It continues to trade around an anchored level of $1,900.”
Rajagopal Menon, Vice President, WazirX, offered his take, “Stablecoin trading pairs in crypto witness better success rate than fiat counterparts. This is largely presumed to be a result of a lack of support from traditional banks towards crypto. World’s largest exchange Binance’s regulatory issues expand to the UK, Belgium and Brazil amidst ongoing lawsuits in the US. The BNB token has been down 2.38 percent in the last seven days on WazirX."
Sathvik Vishwanath, CEO and co-founder of Unocoin, said, “Bitcoin faces critical test of $30,000 support amid choppy market. With Bitcoin hovering around $30,184, market participants are closely watching the key psychological support level of $30,000. A break below this level could potentially push Bitcoin towards the $28,250 mark, signalling a bearish trend. Conversely, a break above the $31,250 resistance level could expose Bitcoin to higher price territories such as $32,000 or even $34,150. Traders and investors are bracing for the outcome as Bitcoin is going through a volatile market that could pave the way for significant price moves in the coming days.”
Shivam Thakral, the CEO of BuyUCoin, said, “The cryptocurrency market has experienced a significant surge in trading volume over the past 24 hours. The total market volume reached $34 billion, reflecting a substantial increase of 12.70 percent. Within this market, the decentralized finance (DeFi) sector accounted for $3.76 billion in trading volume, which is approximately 11.05 percent of the total crypto market volume over the same 24-hour period.”
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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.
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