Bitcoin Falls Below $67K; Major Cryptos in Red

John Darbie
Photo: Finoracle.net

Cryptocurrency Price Today: Bitcoin Dips Below $67,000 As Top Coins Continue To Land In Reds

Bitcoin (BTC), the world’s oldest and most valued cryptocurrency, dipped below the $67,000 mark over the weekend. Other popular altcoins — including Ethereum (ETH), Dogecoin (DOGE), Ripple (XRP), Solana (SOL), and Litecoin (LTC) — landed in the reds across the board as the overall Market Fear & Greed Index stood at 55 (Neutral) out of 100, according to CoinMarketCap data. The BRETT token emerged as the biggest gainer, with a 24-hour jump of over 15 percent. Notcoin (NOT) became the biggest loser, with a 24-hour dip of nearly 8 percent.

The global crypto market cap stood at $2.43 trillion at the time of writing, registering a 24-hour dip of 0.88 percent.

Bitcoin (BTC) Price Today

Bitcoin price stood at $66,480.09, marking a 24-hour gain of 0.42 percent. According to WazirX, BTC price in India stood at Rs 59.66 lakh.

Ethereum (ETH) Price Today

ETH price stood at $3,517.76, marking a 24-hour dip of 1.25 percent at the time of writing. As per WazirX, Ethereum price in India stood at Rs 3.21 lakh.

Dogecoin (DOGE) Price Today

DOGE registered a 24-hour loss of 1.30 percent, currently priced at $0.1394. As per WazirX, Dogecoin price in India stood at Rs 12.23.

Litecoin (LTC) Price Today

Litecoin saw a 24-hour dip of 0.58 percent. At the time of writing, it was trading at $77.25. LTC price in India stood at Rs 6,959.64.

Ripple (XRP) Price Today

XRP price stood at $0.4816, seeing a 24-hour loss of 1.15 percent. As per WazirX, Ripple price stood at Rs 43.87.

Solana (SOL) Price Today

Solana price stood at $150.85, marking a 24-hour dip of 2.19 percent. As per WazirX, SOL price in India stood at Rs 13,358.12.

Top Crypto Gainers Today

As per CoinMarketCap data, here are the top five crypto gainers over the past 24 hours:

  • Brett (Based) (BRETT)
    • Price: $0.1595
    • 24-hour gain: 15.45 percent
  • JasmyCoin (JASMY)
    • Price: $0.03748
    • 24-hour gain: 11.77 percent
  • Lido DAO (LDO)
    • Price: $2.17
    • 24-hour gain: 9.21 percent
  • Dog (Runes) (DOG)
    • Price: $0.0073
    • 24-hour gain: 9.18 percent
  • Jupiter (JUP)
    • Price: $0.9176
    • 24-hour gain: 7.48 percent

Top Crypto Losers Today

As per CoinMarketCap data, here are the top five crypto losers over the past 24 hours:

  • Bitcoin (NOT)
    • Price: $0.0186
    • 24-hour loss: 7.24 percent
  • Akash Network (AKT)
    • Price: $3.18
    • 24-hour loss: 5.04 percent
  • BitTorrent [New] (BTT)
    • Price: $0.00000095
    • 24-hour loss: 4.70 percent
  • Oasis (ROSE)
    • Price: $0.1117
    • 24-hour loss: 4.22 percent
  • Ondo (ONDO)
    • Price: $1.14
    • 24-hour loss: 4.04 percent

What Crypto Exchanges Are Saying About Current Market Scenario

Edul Patel, Mudrex co-founder and CEO, said, “Bitcoin witnessed selling pressure over the past week as prices dropped below the $67,000 mark, but then eased up over the past 24 hours as price movement flattened. Bitcoin's closest support level lies at $64,825, while the next resistance point awaits at $66,978. Meanwhile, Ethereum too has witnessed marginal selling pressure in the past week as the market gears up for Ethereum ETFs to go live in early July. The overall sentiment in the market continues to point to greed.”

Rajagopal Menon, Vice President, WazirX, said, “Bitcoin remains below its 50-day moving average, a technical indicator that could suggest a potential short-term price decline. However, a healthy buffer above the key 200-day moving average hints at a possible long-term bullish trend. If bulls can push Bitcoin above the 50-day hurdle at $66,425, it could trigger a rally towards the crucial resistance level of $69,000. Breaking decisively above that level could even put the coveted all-time high of $73,808 back on the table.”

Sathvik Vishwanath, CEO and co-founder of Unocoin, said, “The Biden administration is set to discuss bitcoin policy in early July, signaling a potential shift in US crypto strategy. The round table is organized by the pro-crypto-democratic Rep. Silicon Valley's Ro Khanna and will be attended by billionaire Mark Cuban and other lawmakers. The meeting aims to maintain US leadership in bitcoin and blockchain innovation amid regulatory debates. Cuban believes Biden's crypto stance could influence the 2024 election. Meanwhile, Trump has pledged to end Biden's "war on crypto" and support bitcoin mining, promising a more favorable regulatory environment if elected. Bitcoin is trading around $66,400 with a bearish outlook.”


Disclaimer: Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Cryptocurrency is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read relevant literature carefully before making any kind of investment. Cryptocurrency market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.

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John Darbie is a seasoned cryptocurrency analyst and writer with over 10 years of experience in the blockchain and digital assets industry. A graduate of MIT with a degree in Computer Science and Engineering, John specializes in blockchain technology, cryptocurrency markets, and decentralized finance (DeFi). His insights have been featured in leading publications such as CoinDesk, CryptoSlate, and Bitcoin Magazine. John’s articles are renowned for their thorough research, clear explanations, and practical insights, making them a reliable source of information for readers interested in cryptocurrency. He actively follows industry trends and developments, regularly participating in blockchain conferences and webinars. With a strong reputation for expertise, authoritativeness, and trustworthiness, John Darbie continues to provide high-quality content that helps individuals and businesses navigate the evolving world of digital assets.