Bitcoin (BTC), the world’s most valued cryptocurrency, managed to float above the $20,000 mark early on July 6, after dipping to around $19,000 on Tuesday. Most other major altcoins, including the likes of Ethereum (ETH), Dogecoin (DOGE), and Ripple (XRP) found themselves in the reds, as the global crypto market saw a plunge in prices. On the other hand, the BITCCA token saw a gain of 1,286 percent, along with several other lesser known altcoins. In this report, we will take a look at the top crypto gainers and losers over the past 24 hours.
At the time of writing, the global crypto market cap stood at $898.68 billion as per CoinMarketCap data, registering a 24-hour dip of 1.51 percent.
Bitcoin (BTC) price today
Bitcoin price stood at $20,249.54 at the time of writing, as per CoinMarketCap. As per Indian exchange WazirX, BTC price stood at Rs 16.06 lakhs. Over the last 24 hours, BTC saw a minor gain of 0.19 percent.
Ethereum (ETH) price today
With a 24-hour loss of 0.25 percent, ETH price stood at $1,142.06. As per WazirX, Ethereum price in India stood at Rs 92,694.
Dogecoin (DOGE) price today
DOGE saw a 24-hour dip of 2.40 percent as per CoinMarketCap data, currently priced at $0.06751. As per WazirX, Dogecoin price in India stood at Rs 5.46.
Litecoin (LTC) price today
Litecoin registered a dip of 2.79 percent over the past 24 hours. At the time of writing, it was priced at $50.19. LTC price in India stood at Rs 4,337.99.
Ripple (XRP) price today
XRP price stood at $0.3247, seeing a 24-hour loss of 0.40 percent. As per WazirX, Ripple price stood at Rs 26.40.
Solana (SOL) price today
Solana price stood at $36.29, marking a 24-hour gain of 1.61 percent. As per WazirX, SOL price in India stood at Rs 2,800.50.
Top crypto gainers today (July 6)
As per CoinMarketCap data, here are the top five crypto gainers over the past 24 hours:
bitcci Cash (BITCCA)
24-hour gain: 1,286 percent
24-hour gain: 438.64 percent
24-hour gain: 144.62 percent
24-hour gain: 118.34 percent
24-hour gain: 117.35 percent
Top crypto losers today (July 6)
As per CoinMarketCap data, here are the top five crypto losers over the past 24 hours:
24-hour loss: 96.91 percent
Scan DeFi (SCAN)
24-hour loss: 96.29 percent
24-hour loss: 79.13 percent
24-hour loss: 74.05 percent
Run For Life (RFL)
24-hour loss: 60.89 percent
Edul Patel, the CEO and Co-Founder of crypto exchange Mudrex, told ABP Live, “Most cryptocurrencies fell in the late afternoon on Tuesday. Bitcoin was seen changing hands at $19,000 after trading highs and lows. BTC is down by nearly 71 percent from its all-time high and 57 percent down from the beginning of the year. At the same time, Ethereum is also down by 70 percent on its year-to-date loss. Overall, the volatility in the crypto market continues as it is still in control of the bears.”
Commenting on the crypto market scenario on Tuesday, Sathvik Vishwanath, CEO and Co-Founder of crypto exchange Unocoin told ABP Live, “Tuesday saw a good recovery in the crypto prices during its first half. Some of the alts had better recovery. However, by the evening, the prices again decreased to the previous day’s levels. The panic in India regarding one of the exchanges shutting shop has continued and the heat is felt by other exchanges as well due to their customers withdrawing as many funds as possible from the platforms. Overall the day did not show much of a difference as long as prices are concerned globally.”
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.