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Bitcoin falls below $67,000 as major coins continue to arrive in the red
Bitcoin (BTC), the world’s oldest and most valued cryptocurrency, fell below the $67,000 mark over the weekend. Other popular altcoins — including Ethereum (ETH), Dogecoin (DOGE), Ripple (XRP), Solana (SOL), and Litecoin (LTC) — ended up in the red across the board as the overall market fear and greed index he remained standing. to 55 (neutral) out of 100, as per CoinMarketCap data. The BRETT token proved to be the one that gained the most, with a jump of more than 15% in 24 hours. Notcoin (NOT) became the biggest loser, dropping nearly 8% in 24 hours.
At the time of writing, the global cryptocurrency market capitalization stood at $2.43 trillion, down 0.88% over 24 hours.
Bitcoin (BTC) price today
According to CoinMarketCap, the price of Bitcoin stood at $66,480.09, recording a gain of 0.42% over 24 hours. According to Indian exchange WazirX, the price of BTC stood at Rs 59.66 lakh.
Ethereum (ETH) price today
At the time of writing, ETH price stood at $3,517.76, marking a 1.25% drop in 24 hours. According to WazirX, the price of Ethereum in India stood at Rs 3.21 lakh.
Dogecoin (DOGE) Price today
DOGE posted a 24-hour loss of 1.30%, according to CoinMarketCap data, currently valued at $0.1394. According to WazirX, the price of Dogecoin in India was Rs 12.23.
Litecoin (LTC) price today
Litecoin recorded a decline of 0.58% in the 24 hours. As of this writing, it was trading at $77.25. The price of LTC in India stood at Rs 6,959.64.
Ripple (XRP) price today
XRP price settled at $0.4816, recording a loss of 1.15% in the 24-hour period. According to WazirX, Ripple price stood at Rs 43.87.
Solana (SOL) Price today
Solana’s price settled at $150.85, marking a decline of 2.19% in 24 hours. According to WazirX, the SOL price in India stood at Rs 13,358.12.
Top cryptocurrency gains today (June 17)
According to CoinMarketCap data, here are the five biggest cryptocurrency gains in the last 24 hours:
Brett (based) (BRETT)
Price: $0.1595
Earnings over 24 hours: 15.45%.
JasmyCoin (JASMY)
Price: $0.03748
Earnings over 24 hours: 11.77%.
Lido DAO (LDO)
Price: $2.17
Earnings over 24 hours: 9.21%.
Dog (Rune) (DOG)
Price: $0.0073
Earnings over 24 hours: 9.18%.
Jupiter (JUP)
Price: $0.9176
Earnings over 24 hours: 7.48%.
Today’s Top Crypto Losers (June 17)
According to CoinMarketCap data, here are the top five cryptocurrency losers over the past 24 hours:
Bitcoin (NOT)
Price: $0.0186
Loss in 24 hours: 7.24%.
Akash Network (AKT)
Price: $3.18
Loss in 24 hours: 5.04%.
BitTorrent [New] (BTT)
Price: $0.0000009525
Loss in 24 hours: 4.70%.
Oasis (PINK)
Price: $0.1117
Loss in 24 hours: 4.22%.
Ondo (ONDO)
Price: $1.14
Loss in 24 hours: 4.04%.
What cryptocurrency exchanges are saying about the current market scenario
Mudrex co-founder and CEO Edul Patel told ABP Live: “Bitcoin saw selling pressure over the past week as prices fell below the $67,000 mark, then eased over the past 24 hours as the price movement has flattened out. Bitcoin’s closest support level lies at $64,825, while the next resistance point awaits at $66,978. Meanwhile, Ethereum has also witnessed marginal selling pressure over the past week the market prepares for Ethereum ETFs to go live in early July. Overall market sentiment continues to point to greed.”
Rajagopal Menon, Vice President at WazirX, said: “Bitcoin remains below its 50-day moving average, a technical indicator that could suggest a potential near-term price decline. However, a good buffer above the average key 200-day moving point suggests a possible long-term bullish trend this level could definitely even bring the coveted historical high of $73,808 back to the table.”
Sathvik Vishwanath, CEO and co-founder of Unocoin, said: “The Biden administration will discuss bitcoin policy in early July, signaling a potential shift in US crypto strategy. The roundtable is organized by the pro- Crypto Democrat Ro Khanna of Silicon Valley and will feature billionaire Mark Cuban and other lawmakers. The goal of the meeting is to maintain US leadership in bitcoin and blockchain innovation amid regulatory debates Biden’s crypto stance could influence the 2024 election. Meanwhile, Trump has pledged to end Biden’s “war on cryptocurrencies” and support bitcoin mining, promising a more favorable regulatory environment if elected approximately $66,400 with a bearish outlook.”
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