Bitcoin price stood at $64,184, registering a 24-hour dip of 2.51 percent, as per CoinMarketCap. According to Indian exchanges, BTC price stood at Rs 58.13 lakh.
World’s oldest and most valued cryptocurrency Bitcoin (BTC) continued to be on a slippery slope and dipped below the $65,000 mark early Thursday. Other popular altcoins — including the likes of Ethereum (ETH), Dogecoin (DOGE), Solana (SOL), Ripple (XRP), and Litecoin (LTC) — landed in the reds across the board as the overall Market Fear & Greed Index stood at 57 (Neutral) out of 100, as per CoinMarketCap data. The Akash Network (AKT) token became the biggest gainer of the lot, with a 24-hour jump of over 4 percent. Book Of Meme (BOME) became the biggest loser, with a 24-hour dip of over 10 percent.
The global crypto market cap stood at $2.30 trillion at the time of writing, registering a 24-hour dip of 2.60 percent.
Bitcoin (BTC) Price Today
Bitcoin price stood at $64,184, registering a 24-hour dip of 2.51 percent, as per CoinMarketCap. According to Indian exchanges, BTC price stood at Rs 58.13 lakh.
Ethereum (ETH) Price Today
ETH price stood at $3,174.65, marking a 24-hour loss of 3.23 percent at the time of writing. Ethereum price in India stood at Rs 2.79 lakh.
Dogecoin (DOGE) Price Today
DOGE registered a 24-hour dip of 3.27 percent, as per CoinMarketCap data, currently priced at $0.12. Dogecoin price in India stood at Rs 11.20.
Litecoin (LTC) Price Today
Litecoin saw a 24-hour loss of 2.27 percent. At the time of writing, it was trading at $70.01. LTC price in India stood at Rs 5,023.08.
Ripple (XRP) Price Today
XRP price stood at $0.6077, seeing a 24-hour loss of 5.29 percent. Ripple price in India stood at Rs 50.79.
Solana (SOL) Price Today
Solana price stood at $168.93, marking a 24-hour dip of 6.15 percent. SOL price in India stood at Rs 15,738.
Top Crypto Gainers Today (August 1)
As per CoinMarketCap data, here are the top five crypto gainers over the past 24 hours:
Akash Network (AKT)
Price: $3.0424-hour gain: 4.42 percent
Beam (BEAM)
Price: $0.0179624-hour gain: 3.09 percent
Kaspa (KAS)
Price: $0.201424-hour gain: 2.58 percent
Notcoin (NOT)
Price: $0.0129424-hour gain: 1.76 percent
Aave (AAVE)
Price: $105.6824-hour gain: 1.06 percent
Top Crypto Losers Today (August 1)
As per CoinMarketCap data, here are the top five crypto losers over the past 24 hours:
Book Of Meme (BOME)
Price: $0.00962124-hour loss: 10.82 percent
dogwifhat (WIF)
Price: $2.0424-hour loss: 9.94 percent
Mog Coin (MOG)
Price: $0.00000181724-hour loss: 7.59 percent
THORChain (RUNE)
Price: $4.1424-hour loss: 7.55 percent
Mantle (MNT)
Price: $0.705824-hour loss: 7.50 percent
What Crypto Exchanges Are Saying About Current Market Scenario
Mudrex co-founder and CEO Edul Patel told ABP Live, “Bitcoin tumbled below the $64,000 level due to escalating tensions between Iran and Israel. Additionally, the Federal Reserve left benchmark interest rates unchanged and hinted at a potential rate cut in September. This has spurred sellers into action, reversing Bitcoin's upward momentum towards $70,000. The next support level is set at $63,200, while resistance is at $65,100.”
CoinSwitch Markets Desk noted,
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