Bitcoin (BTC), the world’s oldest and most valued cryptocurrency, has barely managed to float above the $20,000 mark as the overall crypto market showed slow signs of recovery on July 14 morning. Greens dominated the crypto price chart as popular altcoins such as Ethereum (ETH), Dogecoin (DOGE), Solana (Sol), and Ripple (XRP) registered minor gains over the past 24 hours. On the other hand, the Polygon (MATIC) token turned out to be the biggest gainer over the past 24 hours, alongside lesser known altcoins such as Aave (AAVE) and Curve DAO Token (CRV).
At the time of writing, the global crypto market cap stood at $896.05 billion as per CoinMarketCap data, registering a 24-hour gain of 2.94 percent.
Bitcoin (BTC) price today
At the time of writing, BTC was priced at $20,172.74. As per CoinMarketCap, Bitcoin saw a 24-hour gain of 3.44 percent. As per Indian exchange WazirX, BTC price stood at Rs 16.49 lakhs.
Ethereum (ETH) price today
With a 24-hour gain of 5.08 percent, ETH price stood at $1,109.17. As per WazirX, Ethereum price in India stood at Rs 91,498.
Dogecoin (DOGE) price today
DOGE saw a 24-hour gain of 1.01 percent as per CoinMarketCap data, currently priced at $0.0611. As per WazirX, Dogecoin price in India stood at Rs 5.14.
Litecoin (LTC) price today
Litecoin registered a gain of 2.54 percent over the past 24 hours. At the time of writing, it was priced at $49.18. LTC price in India stood at Rs 4,140.98.
Ripple (XRP) price today
XRP price stood at $0.3223, seeing a 24-hour gain of 2.46 percent. As per WazirX, Ripple price stood at Rs 26.50.
Solana (SOL) price today
Solana price stood at $34.58, marking a 24-hour gain of 4.13 percent. As per WazirX, SOL price in India stood at Rs 2,900.
Top crypto gainers today (July 14)
As per CoinMarketCap data, here are the top five crypto gainers over the past 24 hours:
24-hour gain: 17.66 percent
24-hour gain: 14.70 percent
Curve DAO Token (CRV)
24-hour gain: 14.37 percent
24-hour gain: 14.05 percent
24-hour gain: 13.70 percent
Top crypto losers today (July 14)
As per CoinMarketCap data, here are the top five crypto losers over the past 24 hours:
24-hour loss: 10.93 percent
UNUS SED LEO (LEO)
24-hour loss: 3.48 percent
24-hour loss: 0.82 percent
24-hour loss: 0.09 percent
24-hour loss: 0.05 percent
Edul Patel, the CEO and Co-Founder of crypto exchange Mudrex, told ABP Live, “The crypto market witnessed a slight growth on Wednesday, following the recent sell-off. Even though Bitcoin dropped below the $20,000 level, it bounced off the local support at $18,931. If the price is maintained above it, bulls can hope for continued growth. However, BTC might need some time to make any kind of sharp moves as it has not yet accumulated enough strength. The second largest cryptocurrency, Ethereum also rebounded as bulls tried to push the token higher by buying the dip.”
Commenting on the crypto market scenario on Wednesday, Sathvik Vishwanath, CEO and Co-Founder of crypto exchange Unocoin told ABP Live, “The falling streak continued on the fifth day as well but this time it got powered by the United States officially declaring the inflation rate to be more than 9 percent. While this is good for crypto in the long term with most cryptos designed to be deflationary, the immediate reaction still resulted in a significant price drop followed by some recovery. Overall, the market saw about 3 percent drop on Bitcoin prices followed by up to 5 percent on other alternate coins.”
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.