Today’s Cryptocurrency Prices in India (July 17): Global Market Cap, Bitcoin (BTC), Ethereum, Dogecoin (Doge), Solana, Litecoin (LTC), Ripple, 1INCH, and PEPE
Over the weekend, Bitcoin and Ethereum both dropped below the $31,000 and $2,000 marks, respectively, after a streak of gains. Ripple also slowed down after a recent rally. Other altcoins, including Dogecoin, Litecoin, and Solana, saw a mix of dips and gains. The 1INCH token was the biggest gainer with a 24-hour gain of nearly 35%. The global crypto market cap was at $1.21 trillion with a 24-hour gain of 0.19%.
Bitcoin’s price was $30,299.13 with a 24-hour jump of 0.21% while Ethereum’s price was $1,928.98 with a 24-hour gain of 0.10%. Dogecoin had a 24-hour dip of 0.95% and was priced at $0.07028. Litecoin saw a 24-hour loss of 1.30%, trading at $93.28. Ripple’s price was $0.7552 with a 24-hour jump of 5.45%. Solana’s price was $28.14 with a 24-hour gain of 2.51%.
The top gainers in the past 24 hours were 1inch Network, Maker (MKR), Optimism (OP), Algorand (ALGO), and Ripple. The top losers were Pepe (PEPE), Lido DAO (LDO), Injective (INJ), Fantom (FTM), and Binance (BNB).
Experts have different views about the current market scenario. They mention Bitcoin’s consolidation phase at the $30,200 level and the need for bullish investors to sustain its price above $30,000. Ethereum dipped below $2,000 and faces challenges with regulations. India’s support for digital asset monitoring is seen as a positive move for consumer confidence. The market is expected to avoid major fluctuations in the absence of significant economic data this week.
It is important to note that cryptocurrency investments are speculative and can be highly risky. They are unregulated and there may be no regulatory recourse for any losses. Readers are advised to seek expert advice and carefully consider the risks before making any investments.
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