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Cryptocurrency Price Today July 11 Check Global Market Cap Bitcoin BTC Ethereum Doge Solana Litecoin Stacks Flare Live TV
Bitcoin (BTC), the world’s oldest and most valued cryptocurrency, fell below the $58,000 mark on Thursday morning. Other popular altcoins, including Ethereum (ETH), Dogecoin (DOGE), Ripple (XRP), Solana (SOL), and Litecoin (LTC), landed in the red across the board, as the overall Market Fear & Greed Index settled at 40 (Fear) out of 100, according to data from CoinMarketCap. Stacks (STX) token emerged as the biggest gainer, jumping nearly 8 percent in 24 hours. Flare (FLR) became the biggest loser, dropping over 7 percent in 24 hours.
At the time of writing, the global cryptocurrency market capitalization stood at $2.12 trillion, down 2.08% in 24 hours.
Bitcoin (BTC) Price Today
Bitcoin price was $57,730.46, marking a 24-hour decline of 2.24 percent, according to CoinMarketCap. According to Indian exchange WazirX, BTC price was Rs 51.88 lakh.
Ethereum (ETH) Price Today
ETH price was $3,085.60, marking a 24-hour loss of 0.95 percent at the time of writing. According to WazirX, Ethereum price in India was Rs 2.75 lakh.
Dogecoin (DOGE) Price Today
DOGE has seen a 24-hour decline of 1.80 percent, according to CoinMarketCap data, currently trading at $0.1077. According to WazirX, Dogecoin price in India was Rs 9.89.
Litecoin (LTC) Price Today
Litecoin has seen a 24-hour jump of 1.59 percent. At the time of writing, it was trading at $67.18. LTC price in India was Rs 6,041.46.
Ripple (XRP) Price Today
XRP price was $0.4412, with a 24-hour gain of 0.25 percent. According to WazirX, Ripple price was Rs 39.45.
Solana (SOL) Price Today
Solana price was $140.75, marking a 24-hour decline of 3.19 percent. According to WazirX, SOL price in India was Rs 12,700.
Cryptocurrency Top Earnings Today (July 11)
According to CoinMarketCap data, here are the five cryptocurrencies that have seen the biggest gains in the last 24 hours:
Pile (STX)
Price: $1.57
Earnings in 24 hours: 7.91 percent
MANTRA (OM)
Price: $0.9718
Earnings in 24 hours: 2.93 percent
Lido DAO (LDO)
Price: $1.63
Earnings in 24 hours: 2.75 percent
Wave (WAVE)
Price: $0.9886
Earnings in 24 hours: 2.68 percent
Cloak (MNT)
Price: $0.6814
Earnings in 24 hours: 2.55 percent
Cryptocurrency’s Biggest Losers Today (July 11)
According to CoinMarketCap data, here are the five cryptocurrencies that have lost the most in the last 24 hours:
Flame (FLR)
Price: $0.01843
Loss in 24 hours: 7.43 percent
Avalanche (AVAX)
Price: $25.40
Loss in 24 hours: 7.18 percent
dogwife hat (WIF)
Price: $1.63
Loss in 24 hours: 6.34 percent
Notcoin (NOT)
Price: $0.01588
Loss in 24 hours: 5.75 percent
Ethereum Naming Service (ENS)
Price: $25.94
Loss in 24 hours: 5.74 percent
What Cryptocurrency Exchanges Are Saying About the Current Market Scenario
Mudrex co-founder and CEO Edul Patel told ABP Live: “Bitcoin traded above the $58,000 level yesterday, however, it has since consolidated at $57,000 due to pressure from miners and Mt. Gox refunds. Additionally, the German government has moved more seized Bitcoin with the alleged intention of selling it, adding further downward pressure. BTC is having a hard time breaking above the $59,500 mark. If it doesn’t break above $58,400 today, it could drop to around $57,200. Meanwhile, Ethereum is trading above $3,100. Although it is still below the previous support level of $3,400, traders are slowly regaining confidence in Ether.”
CoinSwitch Markets Desk noted, “BTC, which failed to break above the 58k mark for the past week, continued its sideways run as overall trading volumes declined in the markets. For the short-term, USD 54k is the major support, while USD 60k is the resistance level to watch. After the US presidential candidate made a series of positive comments about helping the US cryptocurrency industry, Trump is now set to speak at the Bitcoin conference later this month to further boost his pro-crypto image.”
Rajagopal Menon, Vice President, WazirX, said: “Bitcoin continues its recovery, trading near $57,500, briefly surpassing the $58,500 mark earlier today. Bears closely monitoring BTC prices remained active near $59,500. Currently, BTC corrects gains, falling below $58,500 and testing the 50% Fibonacci retracement level. Key resistances are at $58,800 and $59,500, with the potential to test $60,000 if breached.”
Sathvik Vishwanath, CEO and co-founder of Unocoin, said, “The recent market activity of Bitcoin reflects resistance to significant swings. Despite a 15% decline in the past month to around $58,000, there is a promising 3.6% increase in trading volume to cross $30 billion in 24 hours. Institutional investors such as BlackRock and Fidelity contributed $650 million to US-listed Bitcoin ETFs, stabilizing prices. However, selling pressure from entities such as the German Federal Police and Mt. Gox creditor repayments have negatively affected the market. Technical analysis suggests that Bitcoin could potentially break the $58,500 resistance and aim for $60,000, supported by bullish trends above $57,000.”
Shivam Thakral, CEO of BuyUcoin, said, “BTC prices continue to decline due to selling pressure created by the German government and Mt. Gox. Looking at the monthly data, BTC has slipped by 15% with market experts attributing it to the selling pressure shown by the recent blockchain movements. The current decline has sparked buying interest from users who want to accumulate BTC at a lower rate; US ETF data shows an inflow of $438 million in just 2 days. The market is expected to remain volatile due to uncertainty in the macroeconomic conditions.”
CoinDCX research team told ABP Live: “The market has seen mixed trading over the past 24 hours as the German government continues to move BTC, but BTC ETF inflows have remained net positive, hitting $200 million the day before yesterday, indicating sustained demand. The technical price action is currently mixed, with today’s CPI data expected to induce more volatility in the market. In a positive development, Goldman Sachs has announced plans to launch three tokenization projects by the end of the year, which could boost RWA and tokenization tokens.”
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