Cryptocurrency Price Today: Bitcoin Manages To Remain Above $30,000 As Top Coins Register Dips
Cryptocurrency price on June 29 quick take: The global market cap dipped to $1.16 trillion.
Bitcoin (BTC), the oldest and most valued cryptocurrency in the world, managed to remain above the $30,000 mark early Thursday, 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 with minor dips. BitDAO (BIT) became the biggest gainer of the lot, with a 24-hour jump of over 5 percent. Conflux (CFX) became the biggest loser, with a 24-hour dip of over 9 percent.
The global crypto market cap stood at $1.16 trillion at the time of writing, registering a 24-hour dip of 1.13 percent.
Bitcoin (BTC) Price Today
Bitcoin price stood at $30,152.01, registering a 24-hour loss of 0.92 percent, as per CoinMarketCap. According to Indian exchange WazirX, BTC price stood at Rs 26.02 lakh.
Ethereum (ETH) Price Today
ETH price stood at $1,837.89, marking a 24-hour dip of 1.56 percent at the time of writing. As per WazirX, Ethereum price in India stood at Rs 1.59 lakh.
Dogecoin (DOGE) Price Today
DOGE registered a 24-hour loss of 3.72 percent, as per CoinMarketCap data, currently priced at $0.06265. As per WazirX, Dogecoin price in India stood at Rs 5.42.
Litecoin (LTC) Price Today
Litecoin saw a 24-hour dip of 4.23 percent. At the time of writing, it was trading at $83.63. LTC price in India stood at Rs 7,123.31.
Ripple (XRP) Price Today
XRP price stood at $0.4684, seeing a 24-hour loss of 2.87 percent. As per WazirX, Ripple price stood at Rs 40.56.
Solana (SOL) Price Today
Solana price stood at $16.03, marking a 24-hour dip of 2.39 percent. As per WazirX, SOL price in India stood at Rs 1,395.24.
Top Crypto Gainers Today (June 29)
As per CoinMarketCap data, here are the top five crypto gainers over the past 24 hours:
BitDAO (BIT)
Price: $0.3866
24-hour gain: 5.03 percent
UNUS SED LEO (LEO)
Price: $4
24-hour gain: 1.72 percent
Maker (MKR)
Price: $684.75
24-hour gain: 0.84 percent
Injective (INJ)
Price: $7.59
24-hour gain: 0.73 percent
Stellar (XLM)
Price: $0.1028
24-hour gain: 0.21 percent
Top Crypto Losers Today (June 29)
As per CoinMarketCap data, here are the top five crypto losers over the past 24 hours:
Conflux (CFX)
Price: $0.2032
24-hour loss: 9.79 percent
Pepe (PEPE)
Price: $0.000001427
24-hour loss: 8.89 percent
Flow (FLOW)
Price: $0.5108
24-hour loss: 7.81 percent
Sui (SUI)
Price: $0.6633
24-hour loss: 6.82 percent
Mina (MINA)
Price: $0.4552
24-hour loss: 6.26 percent
What Crypto Exchanges Are Saying About Current Market Scenario
Shubham Hudda, Senior Manager, CoinSwitch Markets Desk, said, “BTC, down 1.3 percent, continues to trade above $30,000 even as exchange volumes have gradually started declining with the increasing consolidation phase. There seems to be major capital sitting on the sidelines waiting for a clear move with almost 50-50 longs and shorts open in almost all major exchanges. The biggest public buyer in recent days has been MicroStrategy, where they claimed to have bought 12,333 BTC taking their total BTC holding to 1,52,333 BTC. With this, the BTC dominance continues to rise, reclaiming the 52 percent mark.”
Shivam Thakral, the CEO of BuyUCoin, said, “The crypto market experienced a significant 10.01 percent decrease in volume over the last 24 hours, amounting to $32.43 billion. Within this market, the decentralized finance (DeFi) sector contributed $2.17 billion, representing 6.70 percent of the total crypto market's 24-hour volume. While the overall market saw a decline, DeFi continues to demonstrate its prominence and resilience in the crypto ecosystem.”
CoinDCX Research Team told ABP Live, “Overall crypto market cap stands at $1.17 trillion with BTC and ETH trading at $30,300 and $1,850, respectively. An interesting observation is seen with the percentage of BTC held on exchanges falling to its lowest level in over five years, according to data from Glassnode. This could be a sign that investors are becoming more confident in the long-term future of Bitcoin and are moving their coins into cold storage.”
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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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