
The global crypto market cap reached a 24-hour gain of 2.98% and stood at $1.12 trillion at the time of writing. Bitcoin (BTC) price rose above the $26,000 mark, registering a 24-hour gain of 4.61%. Ethereum (ETH), Dogecoin (DOGE), Ripple (XRP), and Litecoin (LTC) also experienced a 24-hour increase in prices.
Bitcoin Price Today
At the time of writing, Bitcoin price stood at $26,912.90, as per CoinMarketCap, and at Rs 23.34 lakh according to Indian exchange WazirX.
Ethereum Price Today
Ethereum price stood at $1,877.78, marking a 24-hour jump of 3.61 percent. As per WazirX, Ethereum price in India stood at Rs 1.64 lakh.
Dogecoin Price Today
Dogecoin registered a 24-hour gain of 4.31 percent, as per CoinMarketCap data, currently priced at $0.06952. As per WazirX, Dogecoin price in India stood at Rs 6.15.
Litecoin Price Today
Litecoin saw a 24-hour jump of 3.07 percent. At the time of writing, it was trading at $90.10. LTC price in India stood at Rs 8,039.18.
Ripple Price Today
XRP price stood at $0.5276, seeing a 24-hour gain of 4.14 percent. As per WazirX, Ripple price stood at Rs 46.82.
Solana Price Today
Solana price stood at $20.15, marking a 24-hour jump of 0.78 percent. As per WazirX, SOL price in India stood at Rs 1,750.
Top Crypto Gainers Today (June 7)
As per CoinMarketCap data, the top five crypto gainers over the past 24 hours are:
– Stacks (STX) – Price: $0.6135, 24-hour gain: 14.05 percent
– Pepe (PEPE) – Price: $0.000001144, 24-hour gain: 12.87 percent
– Lido DAO (LDO) – Price: $2.35, 24-hour gain: 7.21 percent
– Kava (KAVA) – Price: $1.17, 24-hour gain: 6.39 percent
– WOO Network (WOO) – Price: $0.2277, 24-hour gain: 5.90 percent
Top Crypto Losers Today (June 7)
As per CoinMarketCap data, the top five crypto losers over the past 24 hours are:
– Flare (FLR) – Price: $0.02044, 24-hour loss: 3.98 percent
– Sui (SUI) – Price: $0.7853, 24-hour loss: 3.17 percent
– Polygon (MATIC) – Price: $0.8069, 24-hour loss: 2.95 percent
– Cardano (ADA) – Price: $0.3458, 24-hour loss: 1.51 percent
– The Sandbox (SAND) – Price: $0.5152, 24-hour loss: 0.81 percent
What Crypto Exchanges Are Saying About Current Market Scenario
Mudrex co-founder and CEO Edul Patel said, “Bitcoin witnessed a bounce-back on Tuesday, surpassing the $27,000 mark after its drop to $25,400 on Monday. However, it has experienced a slight decline and is currently trading around $26,900, indicating a growth of more than 4 percent within the last 24 hours. The $27,400 level poses a formidable resistance for Bitcoin, while it finds support near $26,400.”
Shubham Hudda, Senior Manager, CoinSwitch Markets Desk, said, “Crypto markets have showcased resilience by trading in the green over the last 24 hours. The global crypto market capitalization is at $1.17 trillion, up ~3.3 percent. The crypto fear and greed index has also regained its position in the neutral zone by climbing 9 points since yesterday. This could be attributed to the strong resilience shown by the industry, despite the SEC serving a lawsuit to Coinbase, similar to Binance from the day before.”
Rajagopal Menon, Vice President, WazirX, offered his take, “Bitcoin’s MACD level indicates a ‘Buy’ sentiment as crypto market rebounds following a temporary price dip as an aftermath of SEC’s lawsuit against Binance and Coinbase. Bitcoin’s halving — an event which is predicted to increase its price, being less than a year away, as well as Ethereum’s name being kept largely out of any implications in the US are some of the reasons behind the positive sentiment.”
Sathvik Vishwanath, CEO and co-founder, Unocoin said, “The US SEC dealt a heavy blow to cryptocurrency exchanges when it took action against Coinbase. The regulatory agency charged Coinbase on Tuesday, adding to the growing scrutiny facing the digital asset industry. This underscores the SEC’s commitment to enforcing compliance and protecting