Today’s Cryptocurrency Prices in India, June 29: Assessing Global Market Cap of Bitcoin (BTC), Ethereum, Doge, Solana, Litecoin, BitDAO, and Conflux
Bitcoin (BTC) managed to stay above the $30,000 mark, while other popular cryptocurrencies experienced minor losses. BitDAO (BIT) was the biggest gainer with a 24-hour jump of over 5 percent, while Conflux (CFX) was the biggest loser with a 24-hour dip of over 9 percent. The global crypto market cap stood at $1.16 trillion, showing a 1.13 percent dip in the past 24 hours.
Bitcoin (BTC) price was at $30,152.01, with a 0.92 percent loss in the past 24 hours. Ethereum (ETH) price was at $1,837.89, experiencing a 1.56 percent dip. Dogecoin (DOGE) registered a 3.72 percent loss and was priced at $0.06265. Litecoin (LTC) saw a 4.23 percent dip and was trading at $83.63. Ripple (XRP) price stood at $0.4684, with a 2.87 percent loss. Solana (SOL) had a 2.39 percent dip, priced at $16.03.
The top gainers in the past 24 hours were BitDAO (BIT), UNUS SED LEO (LEO), Maker (MKR), Injective (INJ), and Stellar (XLM). The top losers were Conflux (CFX), Pepe (PEPE), Flow (FLOW), Sui (SUI), and Mina (MINA).
Crypto exchanges provided insights into the current market scenario. Shubham Hudda from CoinSwitch Markets Desk noted that BTC continues to trade above $30,000, with major capital waiting on the sidelines for a clear move. Shivam Thakral, CEO of BuyUCoin, highlighted that while the overall market saw a decline, the decentralized finance (DeFi) sector showed resilience. CoinDCX Research Team mentioned that the percentage of BTC held on exchanges has reached its lowest level in over five years, suggesting increased confidence among investors in Bitcoin’s long-term future.
It is important to note that investing in cryptocurrency carries risks and requires careful consideration. Cryptocurrencies are unregulated and speculative, and readers are advised to seek expert advice and conduct thorough research before making any investments.
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