Bitcoin (BTC), the world’s oldest and most valued cryptocurrency, is finding it hard to land in the greens over the past few days. While Bitcoin managed to rise above the $22,000 mark late last week, the coin has been in a freefall throughout this week, subsequently bringing down the prices of most other popular altcoins, including the likes of Ethereum (ETH), Dogecoin (DOGE), Ripple (XRP), and Solana (SOL). On the other hand, the Quant (QNT) token turned out to be the biggest gainer over the past 24 hours, along with other lesser known altcoins such as Serum (SRM) and STEPN (GMT).
At the time of writing, the global crypto market cap stood at $870.12 billion as per CoinMarketCap data, registering a 24-hour dip of 1.91 percent.
Bitcoin (BTC) price today
At the time of writing, BTC was priced at $19,476.95. As per CoinMarketCap, Bitcoin saw a 24-hour loss of 2.32 percent. As per Indian exchange WazirX, BTC price stood at Rs 16.58 lakhs.
Ethereum (ETH) price today
With a 24-hour dip of 3.03 percent, ETH price stood at $1,055.52. As per WazirX, Ethereum price in India stood at Rs 90,490.
Dogecoin (DOGE) price today
DOGE saw a 24-hour dip of 2.63 percent as per CoinMarketCap data, currently priced at $0.06047. As per WazirX, Dogecoin price in India stood at Rs 5.18.
Litecoin (LTC) price today
Litecoin registered a loss of 1.81 percent over the past 24 hours. At the time of writing, it was priced at $47.88. LTC price in India stood at Rs 4,146.50.
Ripple (XRP) price today
XRP price stood at $0.3126, seeing a 24-hour dip of 0.68 percent. As per WazirX, Ripple price stood at Rs 25.63.
Solana (SOL) price today
Solana price stood at $33.17, marking a 24-hour dip of 1.69 percent. As per WazirX, SOL price in India stood at Rs 2,795.
Top crypto gainers today (July 13)
As per CoinMarketCap data, here are the top five crypto gainers over the past 24 hours:
24-hour gain: 7.82 percent
24-hour gain: 7.16 percent
24-hour gain: 2.56 percent
Huobi Token (HT)
24-hour gain: 1.79 percent
24-hour gain: 1.69 percent
Top crypto losers today (July 13)
As per CoinMarketCap data, here are the top five crypto losers over the past 24 hours:
24-hour loss: 7.97 percent
24-hour loss: 7.84 percent
24-hour loss: 7.83 percent
24-hour loss: 7.73 percent
24-hour loss: 7.05 percent
Edul Patel, the CEO and Co-Founder of crypto exchange Mudrex, told ABP Live, “Bitcoin traded below the $20,000 level on Tuesday with rising inflation. The euro fell to its lowest level against the US dollar yesterday in the past 20 years, and the dollar strength seemed to be impacting the prices in the crypto market. If the bearish trend continues, we might see BTC testing the$19,000 mark by the end of this week. While on the other hand, Ethereum broke the $1,100 level, which means bears are more potent than bulls. If this trend continues, we might see ETH falling to the $1,000 level soon.”
Commenting on the crypto market scenario on Tuesday, Sathvik Vishwanath, CEO and Co-Founder of crypto exchange Unocoin told ABP Live, “The crypto market has continued its downward spiral on Tuesday as well. Most of the coins have seen an average fall of around 2 to 4 percent and native blockchain coins have fallen more than 8 percent. The winter in the crypto market is getting cold and generally the market is worried about entering a long-term bear. Tuesday marked the fourth consecutive day where the crypto market is losing 3 to 4 percent of the market cap every day. The gain that was achieved mid to late last week is getting nullified in this streak.”
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.