Cryptocurrency Price Today: Cannation Sees Major Hike Of Over 300%, Bitcoin Stable At $30,000
Cryptocurrency price on June 30 quick take: The global market cap rose to $1.18 trillion.
Cannation (CNNC), a Cannabis-focused crypto launched back in 2017, saw a massive 24-hour jump of over 300 percent, becoming the biggest gainer early Friday. Bitcoin, the world’s oldest and most valued crypto, managed to remain stable within the $30,000 range as most coins saw notable gains due to fresh Bitcoin ETF filings across banks. Other popular altcoins — including the likes of Ethereum (ETH), Dogecoin (DOGE), Solana (SOL), Litecoin (LTC), and Ripple (XRP) — landed in the greens across the board. WOO emerged to be the biggest loser, with a 24-hour loss of over 2 percent.
The global crypto market cap stood at $1.18 trillion at the time of writing, registering a 24-hour gain of 2 percent.
Bitcoin (BTC) Price Today
Bitcoin price stood at $30,712, registering a 24-hour jump of 1.89 percent, as per CoinMarketCap. According to Indian exchange WazirX, BTC price stood at Rs 26.63 lakh.
Ethereum (ETH) Price Today
ETH price stood at $1,869.72, marking a 24-hour gain of 1.82 percent at the time of writing. As per WazirX, Ethereum price in India stood at Rs 1.63 lakh.
Dogecoin (DOGE) Price Today
DOGE registered a 24-hour jump of 4.03 percent, as per CoinMarketCap data, currently priced at $0.06522. As per WazirX, Dogecoin price in India stood at Rs 5.59.
Litecoin (LTC) Price Today
Litecoin saw a 24-hour gain of 13.55 percent. At the time of writing, it was trading at $94.99. LTC price in India stood at Rs 8,199.17.
Ripple (XRP) Price Today
XRP price stood at $0.4788, seeing a 24-hour jump of 2.11 percent. As per WazirX, Ripple price stood at Rs 41.45.
Solana (SOL) Price Today
Solana price stood at $18.94, marking a 24-hour gain of 18.21 percent. As per WazirX, SOL price in India stood at Rs 1,632.17.
Top Crypto Gainers Today (June 30)
As per CoinMarketCap data, here are the top five crypto gainers over the past 24 hours:
Cannation (CNNC)
Price: $126.80
24-hour gain: 324.41 percent
Compound (COMP)
Price: $53.14
24-hour gain: 34.68 percent
Bitcoin Cash (BCH)
Price: $298.26
24-hour gain: 30.48 percent
Bitcoin SV (BSV)
Price: $42.75
24-hour gain: 15.58 percent
Solana (SOL)
Price: $18.41
24-hour gain: 15 percent
Top Crypto Losers Today (June 30)
As per CoinMarketCap data, here are the top five crypto losers over the past 24 hours:
WOO Network (WOO)
Price: $0.2117
24-hour loss: 2.38 percent
Toncoin (TON)
Price: $1.35
24-hour loss: 1.56 percent
BitDAO (BIT)
Price: $0.3832
24-hour loss: 1.19 percent
UNUS SED LEO (LEO)
Price: $3.97
24-hour loss: 0.84 percent
Trust Wallet Token (TWT)
Price: $0.8867
24-hour loss: 0.24 percent
What Crypto Exchanges Are Saying About Current Market Scenario
Mudrex co-founder and CEO Edul Patel told ABP Live, “Over the last 24 hours, Bitcoin has surged past the $30,600 threshold, recording a nearly 2 percent increase. This upswing is largely due to the market's reaction to Fidelity Investments' renewed application for a spot Bitcoin ETF, following the rejection of their initial attempt by the US SEC in 2022. Moreover, the announcement of MicroStrategy's purchase of an additional $374 million worth of Bitcoin has also had a significant impact on market sentiment. As of now, Bitcoin faces immediate resistance at the $30,750 level, while its support is established at $30,420. Ethereum, the second largest cryptocurrency, has shown a similar trend by gaining around 2 percent in the same 24-hour period.”
Parth Chaturvedi, Investments Lead, CoinSwitch Ventures, said, “Crypto markets have traded sideways in the last 24 hours, even amidst rekindled inflationary concerns and proposed Fed rate hikes. The global crypto market capitalisation, up 1.5 percent, continues to remain above $1.2 trillion and has covered up for yesterday’s downfall. The crypto fear and greed index has jumped 2 points to re-enter the greed zone with a score of 56/100.”
Shivam Thakral, the CEO of BuyUCoin, said, “The crypto market demonstrated a modest 0.23 percent increase in volume over the past 24 hours, reaching a total of $31.62 billion. Notably, the decentralised finance (DeFi) sector contributed $2.51 billion, accounting for 7.95 percent of the total crypto market's 24-hour volume. This highlights DeFi's continued significance and influence within the broader crypto ecosystem.”
CoinDCX Research Team told ABP Live, “Bitcoin is trading near $30,700, up by 2 percent in last 24 hours as investors digest fresh restriction rhetoric from the US Fed's Jerome Powell. The world's largest digital asset by market capitalisation is caught in a dilemma between enthusiasm over recent institutional ETF filings and the Fed chair's commitment to more rate hike cycles.”
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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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