Bitcoin (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) 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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