Bitcoin (BTC), the world’s oldest and most valued crypto, dipped below the $116,000 mark early Friday. Other popular altcoins — including the likes of Ethereum (ETH), Solana (SOL), Ripple (XRP), and Litecoin (LTC) — landed in the reds across the board as the overall Market Fear & Greed Index stood at 66 (Greed) out of 100, as per CoinMarketCap data. Maple Finance (SYRUP) became the biggest gainer of the lot, with a 24-hour jump of nearly 30 percent. Pump.fun (PUMP), on the other hand, became the biggest loser, with a 24-hour dip of over 25 percent.
The global crypto market cap stood at $3.8 trillion at the time of writing, registering a 24-hour dip of 1.37 percent.
Bitcoin price stood at $115,731.42, registering a 24-hour dip of 1.60 percent, as per CoinMarketCap. According to Indian exchanges, BTC price stood at Rs 1.02 crore.
ETH price stood at $3,706.77, marking a 24-hour dip of 1.71 percent at the time of writing. Ethereum price in India stood at Rs 3.25 lakh.
DOGE registered a 24-hour loss of 3.69 percent, as per CoinMarketCap data, currently priced at $0.2610. Dogecoin price in India stood at Rs 23.44.
Litecoin saw a 24-hour dip of 2.55 percent. At the time of writing, it was trading at $115.43. LTC price in India stood at Rs 10,121.68.
XRP price stood at $3.47, seeing a 24-hour loss of 0.48 percent. Ripple price in India stood at Rs 300.25.
Solana price stood at $199.25, marking a 24-hour gain of 6.92 percent. SOL price in India stood at Rs 15,601.69.
As per CoinMarketCap data, here are the top five crypto gainers over the past 24 hours:
As per CoinMarketCap data, here are the top five crypto losers over the past 24 hours:
Edul Patel, CEO and co-founder, Mudrex, told ABP Live, “Positive momentum from the US-Japan trade deal and encouraging progress in US-EU trade negotiations have lifted market sentiment, easing concerns around the tariff imposition in August. Additionally, the global M2 money supply continues its upward trajectory, bringing fresh liquidity into the markets. While bulls continue to hold key support, a move below $115,300 could test the $110,000 levels before a relief rally.”
CoinSwitch Markets Desk noted, “Bitcoin has broken through the key support level near $116,500, triggering over half a billion dollars in liquidations over the past 24 hours. With bearish momentum building after a prolonged rally, it looks increasingly likely that BTC will test the next major support around $113,800. Adding to the downward pressure, the U.S. is set to reimpose tariffs starting August 1st, which could spark another wave of selling.”
Avinash Shekhar, Co-founder & CEO, Pi42, said, “Volatility may be dominating the charts today, but beneath the surface, optimism may begin to reshape sentiment. Bitcoin has slipped below $116,000, weighed down by short-term profit-taking and declining futures interest. However, market hopes are rising after former President Trump urged the Fed to consider interest rate cuts. Ethereum, meanwhile, is under pressure from the unwinding of leveraged positions, while Solana and XRP also face volatility. Despite the short-term stress, macro signals such as the upcoming $12.3 billion BTC options expiry suggest this consolidation may be laying the groundwork for a more sustainable and broad-based bullish revival.”
Sathvik Vishwanath, CEO and co-founder of Unocoin, said, “Bitcoin is currently consolidating between $116K and $119K after hitting an all-time high of $123K. This pause reflects a healthy cool-off before the next leg up, driven by $14B ETF inflows and growing institutional interest. Technicals suggest a symmetrical triangle, with breakout potential toward $133K-$140K. On-chain metrics show early signs of profit booking by long-term holders, but macro sentiment and regulatory clarity remain supportive. If Bitcoin holds above $116K, bulls could regain control quickly. However, a drop below this level may trigger broader corrections. Overall, BTC remains in a bullish structure with caution advised near major resistance.”
Shivam Thakral, CEO of BuyUcoin, said, “The crypto market seems to be taking a breather today, as Bitcoin slipped under $116,000 after managing to stay above $118,000 for a few days straight. We’re seeing some choppy price action after three consecutive down days, which has led to quite a few traders getting squeezed out of their leveraged positions. Meanwhile, Ethereum has found its footing around $3,589, though it couldn’t quite hold onto the gains that pushed it near $3,800 earlier this week.”
CoinDCX Research Team noted, “The bearish impact on the crypto markets is slowly rising as Bitcoin price slips close to $115,000 from the intraday high above $108,400. Regardless of this, the top altcoins display strength as they are trying hard to sustain above the pivotal support. Ethereum remains stuck above $2500, XRP above $3, and LTC above $100, while SOL drops below $180 and ADA below $0.8. The top gainers for the day are Maple Finance with over a 22% jump, followed by Monero by 5.2% and Conflux by nearly 3.83%. On the other hand, Pump.fun plunges hard by 25%, Fartcoin by 13.85%, & dogwifhat by close to 13.27%.”
Parth Shrivastava, Head of Quant, 9Point Capital Research Team, said, “Bitcoin is expected to remain sideways in the near term, signaling a healthy consolidation phase after its recent rally. This pause is constructive, allowing the market to absorb gains and reset positioning. Our broader view remains bullish, with a “buy the dip” approach intact, as long-term fundamentals and ETF flows continue to support upward momentum.”
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