[ad_1]
Bitcoin (BTC), the world’s oldest and most valued cryptocurrency, failed to rise above the $66,000 mark early Wednesday. 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 as the overall Market Fear & Greed Index stood at 52 (Neutral) out of 100, as per CoinMarketCap data. The Fetch.ai (FET) token emerged to be the biggest gainer, with a 24-hour jump of nearly 24 percent. JasmyCoin (JASMY) became the biggest loser, with a 24-hour dip of over 7 percent.
The global crypto market cap stood at $2.37 trillion at the time of writing, registering a 24-hour dip of 0.50 percent.
Bitcoin (BTC) Price Today
Bitcoin price stood at $65,156.33, registering a 24-hour dip of 0.54 percent, as per CoinMarketCap. According to Indian exchange WazirX, BTC price stood at Rs 59 lakh.
Ethereum (ETH) Price Today
ETH price stood at $3,552.12, marking a 24-hour loss of 0.12 percent at the time of writing. As per WazirX, Ethereum price in India stood at Rs 3.21 lakh.
Dogecoin (DOGE) Price Today
DOGE registered a 24-hour loss of 2.59 percent, as per CoinMarketCap data, currently priced at $0.1229. As per WazirX, Dogecoin price in India stood at Rs 11.65.
Litecoin (LTC) Price Today
Litecoin saw a 24-hour dip of 0.80 percent. At the time of writing, it was trading at $74.03. LTC price in India stood at Rs 6,633.21.
Ripple (XRP) Price Today
XRP price stood at $0.4931, seeing a 24-hour loss of 0.73 percent. As per WazirX, Ripple price stood at Rs 44.19.
Solana (SOL) Price Today
Solana price stood at $133.55, marking a 24-hour dip of 5.41 percent. As per WazirX, SOL price in India stood at Rs 12,089.53.
Top Crypto Gainers Today (June 20)
As per CoinMarketCap data, here are the top five crypto gainers over the past 24 hours:
Fetch.ai (FET)
Price: $1.55
24-hour gain: 23.99 percent
SingularityNET (AGIX)
Price: $0.6364
24-hour gain: 21.96 percent
Akash Network (AKT)
Price: $3.18
24-hour gain: 10.69 percent
Brett (Based) (BRETT)
Price: $0.1509
24-hour gain: 4.87 percent
Sui (SUI)
Price: $0.8704
24-hour gain: 4.16 percent
Top Crypto Losers Today (June 20)
As per CoinMarketCap data, here are the top five crypto losers over the past 24 hours:
JasmyCoin (JASMY)
Price: $0.03064
24-hour loss: 7.36 percent
Ethena (ENA)
Price: $0.6192
24-hour loss: 7.22 percent
zkSync (ZK)
Price: $0.2143
24-hour loss: 5.87 percent
Lido DAO (LDO)
Price: $2.25
24-hour loss: 5.52 percent
Beam (BEAM)
Price: $0.01846
24-hour loss: 4.84 percent
What Crypto Exchanges Are Saying About Current Market Scenario
Mudrex co-founder and CEO Edul Patel told ABP Live, “Bitcoin has been consolidating above the $65,000 mark over the past 24 hours. Prior to this, BTC tested the $64,000 level, resulting in liquidations by whales over the last two weeks. The $65,500 level is now critical, as bears are actively defending this zone. If BTC can surpass this level, we could witness an uptrend. A decisive move above the $66,000 resistance might trigger a steady increase, pushing the price higher. Meanwhile, Ethereum has rebounded and is trading around the $3,500 level. Additionally, a Bitcoin ETF has been listed on the Australian stock market for the first time.”
Rajagopal Menon, Vice President, WazirX, said, “Bitcoin’s technical indicators present a mixed sentiment. The Relative Strength Index (RSI) stands at 40, indicating neutrality. The Moving Average Convergence Divergence (MACD) at -569 point to bearish conditions, reflecting underlying selling pressures. There might be a major support at 64,500. However, there is an increased bearish activity around the next support which can be seen at 64,800. But Bitcoin is still trading above its 100 EMA which is a sign of bullish sentiment and its long range prices also indicate a strong support.”
Shivam Thakral, CEO of BuyUcoin, said, “The total crypto market volume over the last 24 hours stood at $94.71 billion which is a whopping surge of 103% from the previous day. Even though the prices of crypto heavyweights like BTC and ETH witnessed a marginal dip, the trading activity increased as traders might be buying the dip. The hawkish stance by the US Fed may keep the investors on their toes for the coming weeks and the market volatility is expected to continue for some time.”
CoinSwitch Markets Desk noted, “BTC consolidated in a very narrow range yesterday with altcoins showing some strength after days of choppy markets. This comes as Bitcoin exchange reserves reach a three year low, which means there could be a supply shock on the cards with the unprecedented demand of Bitcoin ETFs. In altcoins,the rally was led by AI tokens FET (20%) and AGIX (20%) as the biggest merger of crypto token till date, of FET, AGIX and OCEAN, has been postponed to July, a one month delay from June. This comes as Nvidia became the biggest company in the world in market cap recently.”
CoinDCX Research Team told ABP Live, “The crypto market remained sideways yesterday. BTC is hovering around the $65,000 level, and the direction is currently unclear. This level is important because if it falls below, it could drop to $60,000. ETH also remained neutral but continues to outperform BTC. The ETH/BTC pair still looks strong. ETH is stuck between a range low at $3,400 and a range high at $3,650. It needs to break either level to establish a clear direction.”
Subscribe And Follow ABP Live On Telegram: t.me/officialabplive
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.
[ad_2]
Source link