Bitcoin (BTC), the oldest and most valued cryptocurrency, experienced a surge in price, surpassing $28,000 on June 21. This rally can be attributed to Deutsche Bank’s plans to offer crypto custody services. Other popular cryptocurrencies like Ethereum (ETH), Dogecoin (DOGE), Ripple (XRP), Solana (SOL), and Litecoin (LTC) also showed positive performance. Stacks (STX) emerged as the top gainer for the second consecutive day, with a 24-hour gain of over 20 percent.
Global Market Cap and 24-Hour Gain
The global cryptocurrency market cap reached $1.13 trillion, with a 24-hour gain of 5.08 percent.
Bitcoin (BTC) Price Today
Bitcoin price stood at $28,691.99, marking a 24-hour jump of 6.56 percent. According to the Indian exchange WazirX, BTC price was Rs 24.85 lakh.
Ethereum (ETH) Price Today
Ethereum price stood at $1,814.01, with a 24-hour gain of 4.70 percent. In India, the price of Ethereum on WazirX was Rs 1.59 lakh.
Dogecoin (DOGE) Price Today
Dogecoin registered a 24-hour jump of 2.41 percent and was currently priced at $0.06383. In India, the price of Dogecoin on WazirX was Rs 5.60.
Litecoin (LTC) Price Today
Litecoin saw a 24-hour gain of 5.85 percent and was trading at $81.88. In India, the price of Litecoin was Rs 7,194.90.
Ripple (XRP) Price Today
XRP price stood at $0.4968, with a 24-hour gain of 1.35 percent. In India, the price of Ripple on WazirX was Rs 43.
Solana (SOL) Price Today
Solana price stood at $16.84, marking a 24-hour gain of 4.46 percent. In India, the price of Solana on WazirX was Rs 1,458.95.
Top Crypto Gainers and Losers Today
The top five crypto gainers in the past 24 hours, according to CoinMarketCap, were Stacks (STX), Conflux (CFX), Flow (FLOW), Optimism (OP), and Pepe (PEPE). The top five crypto losers were Tether Gold (XAUT), BitTorrent(NEW) (BTT), TrueUSD (TUSD), USD Coin (USDC), and Dai (DAI).
Expert Analysis and Market Sentiment
Experts shared their insights on the current market scenario. Mudrex co-founder and CEO Edul Patel noted the positive trend in Bitcoin due to increasing institutional interest. Parth Chaturvedi, Investments Lead at CoinSwitch Ventures, highlighted the rise of Bitcoin’s dominance and its implications. Rajagopal Menon, Vice President at WazirX, expressed optimism about Bitcoin’s bullish sentiment. Sathvik Vishwanath, CEO and co-founder of Unocoin, emphasized Bitcoin’s strength and positive outlook. Shivam Thakral, CEO of BuyUCoin, mentioned the growing.
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