Bitcoin (BTC) managed to scale above $22,000 on July 8 but gave up most of its gains over the weekend, falling back below $21,000 on the morning of July 11. Additionally, most of the other major altcoins also saw big drops in their prices, including Ethereum (ETH), Dogecoin (DOGE), Solana (SOL), and Ripple (XRP). Even the lesser-known altcoins, which typically post gains of around 1,000 percent each day, failed to impress over the past 24 hours with the top gainer, the Chiliz token, posting just 4.98 percent. percent increase observed.
At the time of writing, according to data from CoinMarketCap, the global crypto market cap was $917.69 billion, down 2.69 percent in the 24-hour period.
Bitcoin (BTC) price today
At the time of writing, BTC has made modest gains and has been valued at $20,624.36. According to CoinMarketCap, Bitcoin has gained 0.20 percent over the past 24 hours. According to Indian exchange WazirX, the price of BTC was 16.84 lakh.
Ethereum (ETH) price today
ETH was valued at $1,153.18, down 0.03 percent over the past 24 hours. According to WazirX, the price of Ethereum in India was Rs 95,000.
Dogecoin (DOGE) price today
According to data from CoinMarketCap, DOGE is down 0.16 percent in the 24-hour period, with the price currently trading at $0.06618. According to WazirX, the price of Dogecoin in India was 5.49 rupees.
Litecoin (LTC) price today
Litecoin is down 0.09 percent over the past 24 hours. At the time of writing, the price was $51.39. The LTC price in India was Rs 4,375.87.
Ripple (XRP) price today
XRP was at $0.3252, down 0.53 percent in 24 hours. According to WazirX, Ripple was priced at 26.52 rupees.
Solana (SOL) rate today
Solana was priced at $35.77, up 0.43 percent over the 24-hour period. According to WazirX, the SoL price in India was 2,931 rupees.
Today’s Top Crypto Gainers (July 11)
According to data from CoinMarketCap, here are the top five crypto gainers over the past 24 hours:
24-hour gain: 4.98 percent
24-hour gain: 3.74 percent
24-hour gain: 3.50 percent
24-hour gain: 3.28 percent
24-hour gain: 2.26 percent
Top Crypto Losers Today (July 11)
According to CoinMarketCap data, the top five crypto losers over the past 24 hours are:
24-hour loss: 9.30 percent
Convex Finance (CVX)
24-hour loss: 7.52 percent
Thor chain (barrel)
24-hour loss: 6.74 percent
24-hour loss: 6.71 percent
Curve DAO Token (CRV)
24-hour loss: 6.35 percent
Edul Patel, CEO and co-founder of crypto exchange Mudrex, told ABP Live, “Most cryptocurrencies have plummeted over the weekend as selling pressure increased. Bitcoin is down about 4% from the previous day. If we can place the bar above it, we can see a sharp uptrend. If sellers take over BTC, we could see a bearish trend this week. On the other hand, since the Ethereum price is also falling, the income from projects built on the network is also falling sharply. ETH is down around 5 percent and is about to test its support level at $1,200. If buyers lose control of sellers, we could see Ethereum drop into the $1,000 area.”
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