Bitcoin, the world’s oldest and most valued cryptocurrency, managed to remain stable within the $30,000 range. Popular altcoins such as Ethereum (ETH), Dogecoin (DOGE), Litecoin (LTC), Solana (SOL), and Ripple (XRP) experienced minor movements in the market. The Compound (COMP) token was the biggest gainer, with a 24-hour jump of over 5 percent, while Wrapped Bitcoin (WBTC) witnessed the biggest loss, with a dip of 16 percent.
The global crypto market cap stood at $1.18 trillion, registering a minor 24-hour dip of 0.84 percent.
Bitcoin (BTC) Price Today
At the time of writing, Bitcoin was trading at $30,300.12, registering a 24-hour dip of 1.03 percent, as per CoinMarketCap. Indian exchange WazirX reported BTC price at Rs 25.91 lakh.
Ethereum (ETH) Price Today
ETH was priced at $1,866.99, with a 24-hour dip of 0.74 percent. WazirX reported Ethereum price in India at Rs 1.60 lakh.
Dogecoin (DOGE) Price Today
DOGE registered a 24-hour dip of 1.04 percent, trading at $0.06469. According to WazirX, Dogecoin price in India stood at Rs 5.64.
Litecoin (LTC) Price Today
Litecoin saw a 24-hour loss of 1.05 percent. It was trading at $95.90, with LTC price in India at Rs 8,248.37.
Ripple (XRP) Price Today
XRP price stood at $0.4716, seeing a 24-hour dip of 0.74 percent. As per WazirX, Ripple price stood at Rs 40.33.
Solana (SOL) Price Today
Solana price stood at $21.70, marking a 24-hour dip of 1.52 percent. As per WazirX, SOL price in India stood at Rs 1,854.72.
Top Crypto Gainers Today (July 13)
CoinMarketCap data showed the top five crypto gainers over the past 24 hours as follows:
– Compound (COMP): Price: $70.08, 24-hour gain: 5.16 percent
– BitDAO (BIT): Price: $0.473, 24-hour gain: 4.86 percent
– Conflux (CFX): Price: $0.197, 24-hour gain: 3.49 percent
– Bitcoin Cash (BCH): Price: $284.08, 24-hour gain: 3.42 percent
– Nexo (NEXO): Price: $0.6309, 24-hour gain: 2.46 percent
Top Crypto Losers Today (July 13)
CoinMarketCap data showed the top five crypto losers over the past 24 hours as follows:
– Wrapped Bitcoin (WBTC): Price: $23,717.87, 24-hour loss: 16.01 percent
– Kava (KAVA): Price: $0.9327, 24-hour loss: 11.03 percent
– Algorand (ALGO): Price: $10.1036, 24-hour loss: 5.11 percent
– Render Token (RNDR): Price: $1.92, 24-hour loss: 4.36 percent
– Flow (FLOW): Price: $0.5715, 24-hour loss: 3.96 percent
What Crypto Exchanges Are Saying About Current Market Scenario
Mudrex co-founder and CEO Edul Patel said that in the last 24 hours, Bitcoin encountered difficulties in surpassing the $30,500 threshold. The volatility is due to the US government’s movement of $300 million worth of Silk Road-linked Bitcoin in three separate transactions. Shubham Hudda, Senior Manager, CoinSwitch Markets Desk, added that June’s consumer prices rose 3 percent YoY while core inflation moderated to 4.8 percent, but the market did not respond positively.
Rajagopal Menon, Vice President, WazirX, said Helium (HNT) and WazirX Token (WRX) have been the top gainers in the last 24 hours. Sathvik Vishwanath, CEO and co-founder of Unocoin, stated that Bitcoin is currently in an uptrend, hovering around $30,380 with resistance near $31,000. Shivam Thakral, the CEO of BuyUCoin, said that despite recent lawsuits against major exchanges, Bitcoin has shown resilience and currently has a dominant market share of over 50 percent. The CoinDCX Research Team noted that the crypto market witnessed a positive trend, with crypto-linked investment products experiencing net inflows of $136 million in the last week.
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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.
