Bitcoin (BTC), the oldest and most valuable cryptocurrency, fell below the $30,000 mark early Thursday. Other popular altcoins — including the likes of Ethereum (ETH), Dogecoin (DOGE), Ripple (XRP), Litecoin (LTC), and Solana (SOL) — have seen a mix of gains and minor declines across the board. The Stellar (XLM) token remained the biggest gainer for the second day in a row, with a 24-hour jump of nearly 24 percent. On the other hand, 1INCH stock emerged to be the biggest loser for the second day in a row as well, with a nearly 24-hour loss of 8 percent.
The global cryptocurrency market cap is $1.21 trillion at the time of writing, recording a 24-hour gain of 0.27 percent.
Bitcoin (BTC) price today
Bitcoin price reached $29,966.33, posting a 24-hour loss of 0.39%, according to CoinMarketCap. According to the Indian stock exchange WazirX, the price of BTC is Rs 25.52 lakh.
Ethereum (ETH) price today
ETH price settled at $1,896.02, representing a 24-hour loss of 1.15 percent at the time of writing. According to WazirX, the price of Ethereum in India is Rs 1.62 lakh.
Dogecoin (DOGE) price today
DOGE posted a 24-hour jump of 1.02 percent, according to CoinMarketCap data, and its price is currently $0.07039. According to WazirX, the price of Dogecoin in India is Rs 6.09.
Litecoin (LTC) price today
Litecoin saw a 24-hour loss of 1.75 percent. At the time of writing, it is trading at $92.17. LTC price in India stopped at Rs 8,000.
Ripple (XRP) price today
XRP price settled at $0.8324, and witnessed a 24-hour gain of 4.57 percent. According to WazirX, the price of Ripple is Rs 71.50.
Solana (SOL) price today
Solana price settled at $26.56, recording a 24-hour jump of 0.60 percent. According to WazirX, the price of SOL in India is Rs 2,241.06.
Today’s Top Crypto Gainers (July 20)
According to CoinMarketCap data, here are the top five cryptocurrency gainers over the past 24 hours:
Excellent (XLM)
price: $0.1735
24 hour gains: 23.18 percent
Ivy (HBAR)
price: $0.05888
24 hour gains: 10.31 percent
XDC Network (XDC)
price: $0.0385
24 hour gains: 9.77 percent
Optimism
price: $1.55
24 hour gains: 6.20 percent
BitDAO (BIT)
price: 0.5648 USD
24 hour gains: 4.52 percent
Today’s Biggest Crypto Losers (July 20)
According to CoinMarketCap data, here are the top five crypto losers over the past 24 hours:
1 inch (1 inch) mesh
price: 0.3341 USD
24 hour loss: 7.31%
Sui (SUI)
price: $0.07115
24 hour loss: 6.07 percent
Frax Share (FXS)
price: $5.85
24 hour loss: 5.17 percent
Rocket pool (RPL)
price: $32.78
24 hour loss: 3.83 percent
gala (gala)
price: $0.02593
24 hour loss: 3.04 percent
What do cryptocurrency exchanges say about the current market scenario
Mudrex co-founder and CEO Edul Patel told ABP Live, “Over the past 24 hours, bitcoin has been oscillating between the $29,900 and $30,100 levels. In recent days, BTC has shown a slight slowdown, possibly influenced by the growing investor appeal for altcoins like Ripple, Cardano, and Solana. These altcoins have shown remarkable growth rates of 78 percent, 15 percent, and 23 percent, respectively, over the past Last week, both bullish and bearish forces were actively participating in the market, on the other hand, Ethereum price dropped below the $1,900 level and is currently trading around $1,894.
“BTC continues to perform within a narrow range of less than 2%, around $30,000. In the past 24 hours, XRP (+6.18 percent) has continued to be among the top performers in terms of volumes and price change along with the XLM fork (+27 percent). Interestingly, XRP has outperformed BTC trading volumes on the majority of exchanges since the court ruling against the SEC came in its favor.”
Rajagopal Menon, Vice President of WazirX, offered his opinion, “Ethereum and Bitcoin traded flat on the previous day’s prices as both coins fell below recent resistance levels. The major market volatility indicators indicate a ‘neutral’ sentiment while the 10-day moving average indicates a ‘sell’ sentiment.
Sathvik Vishwanath, CEO and Co-Founder of Unocoin said, “In the crypto market, Bitcoin is currently trading at around $29,970 and could drop to $29,500. Meanwhile, Dogecoin (DOGE) has outperformed BTC and ETH, up 3.5 percent in the past 24 hours. DOGE crosses $0.07, finding support at the 21-day moving average and the 50-day at $0.066 and $0.067, respectively, and the resistance is at the 100 DMA near $0.072.Tweet Tesla and SpaceX Elon Musk boosted the value of DOGE.Stellar Lumens (XLM) regained its place as the best-performing cryptocurrency in the top 100, up 24 percent.XLM is trading near $0.16, with nearly $700 million in trading volume over the past 24 hours, which indicates a bullish sentiment.”
Shivam Thakral, CEO of BuyUCoin, said, “The cryptocurrency market saw a 3.99 percent decline in volume, but the DeFi sector remained strong, accounting for $2 billion in trading volume. Bitcoin maintains its strength, at $29,978.03 which is basically unchanged from the day before. Ether is trading at just under $1,900. XLM volume from Stellar Lumens, a blockchain-based payment system, reached 15 cents, up 18 percent. The dynamism of the industry is evident in decentralized finance affecting transactions.”
“Bitcoin price has rebounded from a multi-week low of $29,500 today, and reached a high of $30,000,” the CoinDCX research team told ABP Live. The move is likely driven by a combination of factors, including the recent approval of two Bitcoin ETF instant applications by the SEC, as well as positive news from XRP. The move is seen as a vote of confidence in the future of XRP and has helped boost XRP prices by 10 percent over the past 24 hours.”
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Disclaimer: Crypto products and NFTs are unregulated and can be risky. There may be no regulatory recourse for any loss from such transactions. Cryptocurrency is not legal tender and is subject to market risk. Readers are advised to seek expert advice and read the offer document(s) along with relevant important literature on the subject carefully before making any type of investment at all. Cryptocurrency Market predictions are speculative and any investment made is at the readers sole expense and risk.
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