India’s Cryptocurrency Prices Today: July 14 Update on Global Market Cap, Bitcoin (BTC), Ethereum, Dogecoin (DOGE), Solana (SOL), Litecoin (LTC), Ripple (XRP) – Is There a Rally?
Ripple’s (XRP) price surged by over 60 percent following a US judge ruling that the coin is not considered a security. This positive ruling also had an impact on the overall market, with the global crypto market cap rising to $1.26 trillion. Bitcoin (BTC) and Ethereum (ETH) both saw gains, surpassing $31,000 and $2,000 respectively. Other popular altcoins such as Dogecoin (DOGE), Solana (SOL), and Litecoin (LTC) also experienced significant growth.
At the time of writing, the global crypto market cap stood at $1.26 trillion, with a 24-hour gain of 6.61 percent. Bitcoin’s price was $31,470.93, registering a 24-hour jump of 3.87 percent, while Ethereum’s price stood at $2,010.21, marking a 24-hour gain of 7.73 percent. Dogecoin saw a 24-hour gain of 9.28 percent, currently priced at $0.07082, and Litecoin had a 24-hour gain of 5.04 percent, trading at $101.66. Ripple’s price stood at $0.7929, seeing a 24-hour jump of 67.81 percent, and Solana’s price stood at $28.77, marking a 24-hour gain of 33.59 percent.
The top five crypto gainers over the past 24 hours were Ripple (XRP) with a 63.59 percent gain, Stellar (XLM) with a 53.04 percent gain, Solana (SOL) with a 31.04 percent gain, Lido DAO (LDO) with a 27.32 percent gain, and Cardano (ADA) with a 25.26 percent gain. On the other hand, the top five crypto losers over the past 24 hours were eCash (XEC) with a 5.05 percent loss, UNUS SED LEO (LEO) with a 2.91 percent loss, Bitcoin Cash (BCH) with a 2.65 percent loss, PAX Gold (PAXG) with a 0.50 percent loss, and Nexo (NEXO) with a 0.22 percent loss.
Experts in the crypto industry have commented on the market scenario, with some attributing the gains to a US court ruling partially in favor of Ripple. However, there is still uncertainty surrounding the SEC’s stance and the possibility of an appeal. Overall, the current market sentiment is bullish, with Bitcoin reaching a one-year high and XRP experiencing its highest point in a year.
It is important to note that cryptocurrency investments carry risks and readers are advised to seek expert advice and thoroughly research before making any investments.
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