Today’s Cryptocurrency Prices in India (June 16): Bitcoin (BTC), Ethereum, Dogecoin, Solana, Litecoin, Ripple, KuCoin, and Hedera – Global Market Cap Analysis
The global cryptocurrency market saw a mix of gains and dips, with Bitcoin remaining below the $26,000 mark. Other popular cryptocurrencies like Ethereum, Dogecoin, Ripple, Litecoin, and Solana also saw fluctuations in their prices. KuCoin Token emerged as the biggest gainer, with a 13 percent jump, while Hedera became the biggest loser with an 8 percent dip.
The global crypto market cap stood at $1.04 trillion, with a 24-hour gain of 1.17 percent. Bitcoin’s price stood at $25,565.04, registering a 24-hour gain of 2.27 percent. Ethereum price stood at $1,667.02, marking a 24-hour gain of 1.14 percent. Dogecoin registered a 24-hour jump of 2.81 percent, currently priced at $0.06173. Litecoin saw a 24-hour gain of 3.04 percent, trading at $75.19. Ripple price stood at $0.4804, seeing a 24-hour dip of 0.23 percent. Solana price stood at $14.80, marking a 24-hour loss of 0.70 percent.
The top gainers in the past 24 hours included KuCoin Token, Stacks, GMX, Immutable, and WOO Network, while the top losers were Hedera, VeChain, Polygon, Polkadot, and Tezos.
Experts have commented on the current market scenario, attributing Bitcoin’s gain to BlackRock’s application for a crypto-backed exchange-traded fund. The fear and greed index has re-entered the neutral zone. Market sentiment remains uncertain due to regulatory concerns and the influence of monetary policy.
In conclusion, the cryptocurrency market experienced fluctuations with Bitcoin below $26,000 and other altcoins seeing a mix of gains and dips. Various factors such as regulatory concerns and monetary policy influenced the market sentiment. Investors are advised to exercise caution and seek expert advice before making any investment.
About The Author
