Cryptocurrency Price Today: Bitcoin Dips Below $62,000 As Downward Trend Continues
Bitcoin (BTC), the world's oldest and most valuable cryptocurrency, dipped below the $62,000 mark early Tuesday. Other popular altcoins — including Ethereum (ETH), Dogecoin (DOGE), Ripple (XRP), Solana (SOL), and Litecoin (LTC) — saw a mix of minor gains and losses. The overall Market Fear & Greed Index stood at 49 (Neutral) out of 100. Fetch.ai (FET) token emerged as the biggest gainer, with a 24-hour jump of nearly 21 percent. Gnosis (GNO) became the biggest loser, with a 24-hour dip of over 5 percent.
The global crypto market cap stood at $2.26 trillion, registering a 24-hour dip of 1.08 percent.
Bitcoin (BTC) Price Today
Bitcoin price stood at $61,195.07, registering a 24-hour dip of 2.06 percent. BTC price in India stood at Rs 55.56 lakh.
Ethereum (ETH) Price Today
ETH price stood at $3,371.37, marking a 24-hour loss of 0.53 percent. Ethereum price in India stood at Rs 3.06 lakh.
Dogecoin (DOGE) Price Today
DOGE registered a 24-hour gain of 1.53 percent, currently priced at $0.1234. Dogecoin price in India stood at Rs 11.09.
Litecoin (LTC) Price Today
Litecoin saw a 24-hour dip of 3.72 percent. It was trading at $71.89. LTC price in India stood at Rs 6,375.
Ripple (XRP) Price Today
XRP price stood at $0.4789, seeing a 24-hour gain of 0.24 percent. Ripple price in India stood at Rs 43.17.
Solana (SOL) Price Today
Solana price stood at $136.13, marking a 24-hour gain of 7.32 percent. SOL price in India stood at Rs 12,416.58.
Top Crypto Gainers Today (June 25)
Here are the top five crypto gainers over the past 24 hours:
- Fetch.ai (FET) – Price: $1.71, 24-hour gain: 20.97 percent
- dogwifhat (WIF) – Price: $1.93, 24-hour gain: 20.39 percent
- SingularityNET (AGIX) – Price: $0.6944, 24-hour gain: 17.78 percent
- Lido DAO (LDO) – Price: $2.42, 24-hour gain: 16.78 percent
- Bonk (BONK) – Price: $0.00002263, 24-hour gain: 15.76 percent
Top Crypto Losers Today (June 25)
Here are the top five crypto losers over the past 24 hours:
- Gnosis (GNO) – Price: $296.80, 24-hour loss: 5.41 percent
- ORDI (ORDI) – Price: $36.74, 24-hour loss: 5.21 percent
- Nexo (NEXO) – Price: $1.15, 24-hour loss: 2.75 percent
- Mantle (MNT) – Price: $0.7586, 24-hour loss: 2.74 percent
- KuCoin Token (KCS) – Price: $9.56, 24-hour loss: 2.71 percent
What Crypto Exchanges Are Saying About Current Market Scenario:
Mudrex
Mudrex co-founder and CEO Edul Patel commented that Bitcoin's price fell to $59,000, the lowest point in six weeks. Reasons include the German government transferring nearly 6,500 BTC, and Mt. Gox announcing it would return $8.5 billion worth of BTC to clients. The decline also coincides with outflows from spot Bitcoin ETFs. BTC has since recovered to above $61,000, with immediate resistance at $61,400 and support at $60,800.
CoinSwitch Markets Desk
CoinSwitch Markets Desk noted an unusual day in the crypto ecosystem. Bitcoin plummeted by over 8% at one point, while altcoins showed resilience. BTC dominance decreased by nearly 1%. Despite a bearish trend for the past 18 days, BTC found support at $58.5k and managed a rebound above $60k.
Unocoin
Sathvik Vishwanath, CEO and co-founder of Unocoin, said Bitcoin faced bearish pressure recently, falling from $64,380 to $61,090. It's down more than 6% over the past week, driven by profit-taking and significant miner selling totaling 30,000 BTC ($2 billion). The strength of the US dollar also dampened BTC prices. Immediate levels to watch include resistance at $63,440, $64,510, and $65,710 and support at $60,620, $59,670, and $58,630.
BuyUcoin
Shivam Thakral, CEO of BuyUcoin, noted the overall crypto market cap slipping by almost 3.5% to $2.27 trillion. BTC was trading at $61,290 while Ethereum was at $3,383. The sell-off created immense pressure on digital assets, keeping the market sentiment slightly negative.
CoinDCX
CoinDCX Research Team mentioned that the market saw a downturn due to Mt. Gox news, with BTC dropping below $59,000 and ETH below $3,300. Despite the dip, altcoins outperformed BTC. The market appears stable with open interest flushed and funding rates reset. Technical indicators remain strong on higher time frames.
By staying informed on crypto market trends, you can make more educated decisions on your digital asset investments.
