Bitcoin (BTC), the world’s oldest and most valued crypto, continued to see a downward trend and dipped below $110,000 early Friday. Other popular altcoins — including the likes of Ethereum (ETH), Solana (SOL), Ripple (XRP), and Litecoin (LTC) — largely saw minor losses across the board as the overall Market Fear & Greed Index stood at 32 (Fear) out of 100, as per CoinMarketCap data. OKB became the biggest gainer of the lot, with a 24-hour jump of nearly 7 percent. Story (IP) became the biggest loser, with a 24-hour dip of nearly 29 percent.
The global crypto market cap stood at $3.75 trillion at the time of writing, registering a 24-hour loss of 1.94 percent.
Bitcoin price stood at $109,502.31, registering a 24-hour dip of 1.95 percent, as per CoinMarketCap. According to Indian exchanges, BTC price stood at Rs 1.01 crore.
ETH price stood at $3,957.66, marking a 24-hour loss of 1.12 percent at the time of writing. Ethereum price in India stood at Rs 3.77 lakh.
DOGE registered a 24-hour dip of 2.73 percent, as per CoinMarketCap data, currently priced at $0.2267. Dogecoin price in India stood at Rs 21.81.
Litecoin saw a 24-hour loss of 0.34 percent. At the time of writing, it was trading at $103.32. LTC price in India stood at Rs 9,741.10.
XRP price stood at $2.76, seeing a 24-hour dip of 2.57 percent. Ripple price in India stood at Rs 249.94.
Solana price stood at $196.65, marking a 24-hour loss of 3.77 percent. SOL price in India stood at Rs 20,319.09.
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:
CoinSwitch Markets Desk noted, “The broader crypto market consolidated in red yesterday as lower-than-expected U.S. jobless claims tempered hopes of near-term Fed rate cuts. While risk-off sentiment has driven a wave of liquidations, an important countertrend is emerging: spot buyers are stepping in with larger allocation sizes. This divergence suggests that despite short-term volatility, conviction among long-term participants remains intact. Corrections of this nature are not unusual when macro surprises unsettle expectations. Market participants should watch upcoming macro releases, including today’s PCE inflation data, for further signals.”
Avinash Shekhar, Co-founder & CEO, Pi42, said, “The crypto market is under significant pressure as hot macro data has dashed rate cut hopes and traders reassess risk. Bitcoin has slipped below $110,000 ahead of a $22 billion monthly options expiry, increasing volatility and forcing roughly $1 billion in long liquidations. Ethereum has plunged under $4,000 with over $36 million liquidated, amplifying downside momentum. Solana has slid beneath $200 as ETF speculation cools and XRP has fallen sharply, dragging crypto linked stocks lower. These moves reflect rapid unwinding and concentrated selling across sectors. Traders are now watching whether key supports hold through the options expiry.”
Sathvik Vishwanath, CEO and co-founder of Unocoin, said, “Bitcoin is currently consolidating around $110,000 after a recent dip, reflecting short-term caution in the market. Despite volatility, its long-term outlook remains bullish, supported by reduced supply from the 2024 halving and strong institutional interest. Key resistance lies near $120,000, with support around $108,000. Regulatory clarity and macroeconomic shifts could drive the next major move. On-chain data shows whales holding firm, limiting sell pressure. While short-term sentiment is mixed, the broader trend favors gradual growth. If momentum builds, Bitcoin could retest all-time highs by year-end. Traders watch ETF flows, rate cuts, and geopolitical risks as key catalysts in this cycle.”
CoinDCX Research Team noted, “Bitcoin tumbles down below $110,000, spreading bearish wave across the markets. Solana also drops below $200,Cardano below $0.8 and Dogecoin trades close to $0.22. In the meantime, Ethereum price is showing strength by tradingjust below $4000, and BinaceCoin below $1000. These tokens are expected to thrive once the sentiments change which has come down to fear at the moment. The top gainers include OKB with over 5.17% rise followed by Mantle by over 1.16%. On the other hand, Story leads the losers with over 28%drop,followed by Aster and Flare by nearly 14% each a nd Avalanche & ether.fi by over 11% each.”
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