Bitcoin (BTC), the world’s oldest and most valued crypto, dipped below the $108,000 mark early Friday. Other popular altcoins — including the likes of Ethereum (ETH), Solana (SOL), Ripple (XRP), and Litecoin (LTC) — saw a mix of minor gains and dips across the board as the overall Market Fear & Greed Index stood at 49 (Neutral) out of 100, as per CoinMarketCap data. DeXe (DEXE) turned out to be the biggest gainer today, with a 24-hour jump of nearly 6 percent. SPX6900 (SPX) became the biggest loser, with a 24-hour dip of over 10 percent.
The global crypto market cap stood at $3.29 trillion at the time of writing, registering a 24-hour dip of 0.77 percent.
Bitcoin price stood at $107,476.60, registering a 24-hour dip of 0.38 percent, as per CoinMarketCap. According to Indian exchanges, BTC price stood at Rs 91.73 lakh.
ETH price stood at $2,447.03, marking a 24-hour loss of 1.49 percent at the time of writing. Ethereum price in India stood at Rs 2.26 lakh.
DOGE registered a 24-hour dip of 2.19 percent, as per CoinMarketCap data, currently priced at $0.1619. Dogecoin price in India stood at Rs 15.26.
Litecoin saw a 24-hour jump of 0.19 percent. At the time of writing, it was trading at $85.35. LTC price in India stood at Rs 7,525.59.
XRP price stood at $2.10, seeing a 24-hour loss of 4.09 percent. Ripple price in India stood at Rs 188.
Solana price stood at $141.12, marking a 24-hour dip of 3.11 percent. SOL price in India stood at Rs 13,480.37.
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, “Bitcoin is trading steadily above $107,100 after testing resistance at $108,000, a key level where both buyers and sellers are actively engaged. If the buyers maintain conviction, we could see seller liquidity absorbed around $108K, setting the stage for a potential breakout. Meanwhile, the market sentiment remains strong, supported by regulatory progress like the Senate Banking Committee’s aim to pass digital asset market structure legislation by September. Additionally, the weakening Dollar index continues to bring capital into the market. Bitcoin’s support remains at $106,000.”
CoinDCX Research Team noted, “After a strong recovery, the Bitcoin bulls remain somewhat passive, as the price has yet to rise above the resistance at $108,500. With this, the other altcoins within the top 10 also faced a minor pullback and continue to trade within a descending trend. Meanwhile, XRP is experiencing massive selling pressure, while the other tokens are gearing up for a rebound. Cryptos like DeXe, Aptos, and Bitget Token offer gains of 3% to 6%, while SPX6900 and PI plunge by over 10% each, followed by Celestia with a gain of over 8% and Kaspa, Virtuals Protocol, and Injective with gains of over 5%.”
CoinSwitch Markets Desk noted, “BTC continued its upward trajectory, briefly surpassing the $108K mark before settling around $107,300. On-chain data reveals that, retail investors holding less than 1 BTC have reduced their holdings by 54,500 BTC over the past year, with average daily outflows of 220 BTC. In contrast, large holders with 1,000 BTC or more have accumulated an additional 507,700 BTC, averaging daily inflows of 1,460 BTC, signaling continued institutional confidence. ETH slipped 2.5% and is currently trading around the $2,400 level.”
Srinivas L, CEO, 9Point Capital, said, “Bitcoin is showing signs of a strong rebound from the $107K level, with renewed bullish momentum building up. If this support holds, we could see a swift move back toward recent highs as risk appetite returns.”
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