Today’s Cryptocurrency Prices in India: July 18 Analysis, Global Market Cap Check, Featuring Bitcoin (BTC), Ethereum (ETH), Dogecoin (DOGE), Solana (SOL), Litecoin (LTC), Ripple (XRP), 1inch (1INCH), and SushiSwap (SUI)
The cryptocurrency market experienced a brief dip on Monday, with Bitcoin falling below $30,000, but it managed to recover on Tuesday. Other altcoins such as Ethereum, Dogecoin, Ripple, Litecoin, and Solana also saw losses. The SUI token was the top gainer, while 1INCH was the biggest loser. The global crypto market cap stood at $1.21 trillion, with a 24-hour dip of 0.59 percent.
Bitcoin was priced at $30,053.42, experiencing a 24-hour loss of 0.86 percent. Ethereum stood at $1,910.29 with a 24-hour loss of 1.30 percent. Dogecoin registered a 24-hour dip of 0.72 percent, trading at $0.06986. Litecoin saw a 24-hour loss of 1.09 percent and was trading at $92.29. XRP had a 24-hour dip of 2.10 percent, priced at $0.7405. Solana saw a 24-hour loss of 5.04 percent, trading at $26.51.
The top five gainers in the past 24 hours were Sui, Gala, Flow, Chainlink, and ApeCoin. The top five losers were 1inch Network, Lido DAO, BitDAO, Solana, and Maker.
Crypto experts have offered their opinions on the market. Mudrex co-founder Edul Patel mentioned various factors contributing to the market’s slowdown but stated that bullish investors are working to maintain Bitcoin above $30,000. Shubham Hudda from CoinSwitch Markets Desk highlighted the attraction towards Ethereum Layer 2 scaling solutions, while Rajagopal Menon from WazirX discussed Bitcoin’s market sentiment and regulatory assurance.
Other experts like Sathvik Vishwanath, CEO of Unocoin, Shivam Thakral, CEO of BuyUCoin, and the CoinDCX Research Team also shared their views on Bitcoin’s price movement, market sentiment, and upcoming events affecting the market.
However, it is important to note that cryptocurrencies are unregulated and highly risky investments. Readers are advised to seek expert advice before making any investment and to be aware of the potential market risks.
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