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Homeweb3.0Bitcoin (BTC) Dips Below $58,000 Mark, Other Popular Altcoins Land in the Reds

Bitcoin (BTC), the world's oldest and most valued cryptocurrency, dipped below the $58,000 mark early Thursday. Other popular altcoins

Bitcoin (BTC) Dips Below ,000 Mark, Other Popular Altcoins Land in the Reds

Bitcoin (BTC) price dipped below the $58,000 mark early Thursday, while other popular altcoins, including the likes of Ethereum (ETH), Dogecoin (DOGE), Ripple (XRP), Solana (SOL), and Litecoin (LTC), landed in the reds across the board.

The overall Market Fear & Greed Index stood at 40 (Fear) out of 100, as per CoinMarketCap data.

The Stacks (STX) token emerged to be the biggest gainer, with a 24-hour jump of nearly 8 percent.

On the other hand, Flare (FLR) became the biggest loser, with a 24-hour dip of over 7 percent.

The global crypto market cap stood at $2.12 trillion at the time of writing, registering a 24-hour dip of 2.08 percent.

Bitcoin (BTC) Price Today

Bitcoin price stood at $57,730.46, registering a 24-hour dip of 2.24 percent, as per CoinMarketCap. According to Indian exchange WazirX, BTC price stood at Rs 51.88 lakh.

Ethereum (ETH) Price Today

ETH price stood at $3,085.60, marking a 24-hour loss of 0.95 percent at the time of writing. As per WazirX, Ethereum price in India stood at Rs 2.75 lakh.

Dogecoin (DOGE) Price Today

DOGE registered a 24-hour dip of 1.80 percent, as per CoinMarketCap data, currently priced at $0.1077. As per WazirX, Dogecoin price in India stood at Rs 9.89.

Litecoin (LTC) Price Today

Litecoin saw a 24-hour jump of 1.59 percent. At the time of writing, it was trading at $67.18. LTC price in India stood at Rs 6,041.46.

Ripple (XRP) Price Today

XRP price stood at $0.4412, seeing a 24-hour gain of 0.25 percent. As per WazirX, Ripple price stood at Rs 39.45.

Solana (SOL) Price Today

Solana price stood at $140.75, marking a 24-hour dip of 3.19 percent. As per WazirX, SOL price in India stood at Rs 12,700.

Top Crypto Gainers Today (July 11)

As per CoinMarketCap data, here are the top five crypto gainers over the past 24 hours:

Stacks (STX) - Price: $1.5724-hour gain: 7.91 percent

MANTRA (OM) - Price: $0.971824-hour gain: 2.93 percent

Lido DAO (LDO) - Price: $1.6324-hour gain: 2.75 percent

Ondo (ONDO) - Price: $0.988624-hour gain: 2.68 percent

Mantle (MNT) - Price: $0.681424-hour gain: 2.55 percent

Top Crypto Losers Today (July 11)

As per CoinMarketCap data, here are the top five crypto losers over the past 24 hours:

Flare (FLR) - Price: $0.0184324-hour loss: 7.43 percent

Avalanche (AVAX) - Price: $25.4024-hour loss: 7.18 percent

dogwifhat (WIF) - Price: $1.6324-hour loss: 6.34 percent

Notcoin (NOT) - Price: $0.0158824-hour loss: 5.75 percent

Ethereum Name Service (ENS) - Price: $25.9424-hour loss: 5.74 percent

What Crypto Exchanges Are Saying About Current Market Scenario

Mudrex co-founder and CEO Edul Patel told ABP Live, “Bitcoin traded over the $58,000 level yesterday, however, it has since consolidated to $57,000 level due to pressure from miners and Mt. Gox refunds. Additionally, the German government has transferred more seized Bitcoin with presumed intent to sell adding to more downward pressure. BTC is having a hard time breaking through the $59,500 mark. If it doesn't climb above $

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