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Cryptocurrency Price Today In India July 19 Check Market Cap Bitcoin Ethereum Dogecoin Litecoin Ripple NEAR Prices Gainer Loser Coinmarketcap Wazirx

The global crypto market cap has managed to regain the $1-trillion mark after a weeks-long meltdown, dipping to nearly $800 billion earlier this month. Bitcoin (BTC), the world’s oldest and most valued crypto, managed to float above the $22,000 mark on early Tuesday morning but dipped slightly at the time of writing. Ethereum (ETH) price rose above the $1,500 mark, while other popular altcoins, including the likes of Solana (SOL) and Ripple (XRP), saw considerable gains across the board.

At the time of writing, the global crypto market cap stood at $1.02 trillion as per CoinMarketCap data, registering a 24-hour gain of 4.55 percent. 

Bitcoin (BTC) price today

At the time of writing, BTC was priced at $21,797.31. As per CoinMarketCap, Bitcoin saw a 24-hour gain of 2.56 percent. As per Indian exchange WazirX, BTC price stood at Rs 17.85  lakhs.

Ethereum (ETH) price today

With a 24-hour gain of 7.06 percent, ETH price stood at $1,502.35. As per WazirX, Ethereum price in India stood at Rs 1,24,999.

Dogecoin (DOGE) price today

DOGE saw a 24-hour gain of 3.26 percent as per CoinMarketCap data, currently priced at $0.06694. As per WazirX, Dogecoin price in India stood at Rs 5.37.

Litecoin (LTC) price today

Litecoin registered a minor dip of 0.58 percent over the past 24 hours. At the time of writing, it was priced at $57.18. LTC price in India stood at Rs 4,581.

Ripple (XRP) price today

XRP price stood at $0.3574, seeing a 24-hour gain of 0.38 percent. As per WazirX, Ripple price stood at Rs 29.02.

Solana (SOL) price today

Solana price stood at $43.65, marking a 24-hour gain of 7.40 percent. As per WazirX, SOL price in India stood at Rs 3,509.96.

Top crypto gainers today (July 19)

As per CoinMarketCap data, here are the top five crypto gainers over the past 24 hours:

NEAR Protocol

Price: $4.49
24-hour gain: 21.23 percent

Ethereum Classic (ETC)

Price: $25.66
24-hour gain: 20.70 percent

THORChain (RUNE)

Price: $2.64
24-hour gain: 16.40 percent

Gala (GALA)

Price: $0.06051
24-hour gain: 15.74 percent

STEPN (GMT)

Price: $1.07
24-hour gain: 15.38 percent

Top crypto losers today (July 19)

As per CoinMarketCap data, here are the top five crypto losers over the past 24 hours:

Lido DAO (LDO)

Price: $1.52
24-hour loss: 11.90 percent

Internet Computer (ICP) 

Price: $7.30
24-hour loss: 1.25 percent

BitTorrent-New (BTT)

Price: $0.0000009046
24-hour loss: 1.11 percent

Quant (QNT)

Price: $102.47
24-hour loss: 0.96 percent

Elrond (EGLD)

Price: $59.03
24-hour loss: 0.96 percent

What crypto exchanges are saying about the current market scenario

Edul Patel, the CEO and Co-Founder of crypto exchange Mudrex, told ABP Live, “Bitcoin hovered above the $22,000 level, gaining 5 percent over the previous day. If the price can fix at that level, we may see a further upward move. However, on the other side, Ethereum outperformed the crypto market by gaining nearly 12 percent as market participants are keen on the Merge ahead. This peak comes following Ethereum’s six consecutive days of higher highs taking the price above the $1,500 level showing great strength and recovery of the asset. If bulls can sustain the momentum, Ethereum could reach the $2,000 mark. If not, we can expect a retracement.”

Commenting on the crypto market scenario, Sathvik Vishwanath, CEO and Co-Founder of crypto exchange Unocoin told ABP Live, “The price recovery continued on Monday and the combined effect of one week of price action has ended up in over 10-percent green for most of the coins and tokens. The tokens which are meant to help with more number of transactions on the blockchains have seen as much as a 30 percent recovery within the last week since the prices started recovering. The tokens like Ether and Cardano saw a price increase of up to 10 percent in just the last 24 hours. Interestingly we have been seeing a bullish wedge pattern in the candle stick graphs for three days”

Tushar Gandotra, Founder and CEO of crypto exchange FiEx, told ABP Live, “MATIC and SOL are showing potential in the short term. They have been making a higher high and are able to manage to break the resistance and move upwards. The market structure has changed and the volumes have increased. It’s a positive sign in these times.”

Disclaimer: Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Cryptocurrency is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Cryptocurrency market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.


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Cryptocurrency Price Today In India July 11 Check Market Cap Bitcoin Ethereum Dogecoin Litecoin Ripple Chiliz Prices Gainer Loser Coinmarketcap Wazirx

Bitcoin (BTC) on July 8 managed to rise above the $22,000 mark, but lost most of its gains over the weekend, dipping below the $21,000 mark yet again on July 11 morning. Subsequently, most other major altcoins also saw major dips in their prices, including the likes of Ethereum (ETH), Dogecoin (DOGE), Solana (SOL), and Ripple (XRP). Even lesser-known altcoins, which usually see a gain of nearly 1,000 percent on any given day, didn’t manage to impress as the top gainer over the last 24 hours is the Chiliz token, which saw a gain of only 4.98 percent. 

At the time of writing, the global crypto market cap stood at $917.69 billion as per CoinMarketCap data, registering a 24-hour dip of 2.69 percent. 

Bitcoin (BTC) price today

At the time of writing, BTC saw a minor gain and was priced at $20,624.36. As per CoinMarketCap, Bitcoin saw a 24-hour gain of 0.20 percent. As per Indian exchange WazirX, BTC price stood at Rs 16.84 lakhs.

Ethereum (ETH) price today

With a 24-hour dip of 0.03 percent, ETH price stood at $1,153.18. As per WazirX, Ethereum price in India stood at Rs 95,000.

Dogecoin (DOGE) price today

DOGE saw a 24-hour dip of 0.16 percent as per CoinMarketCap data, currently priced at $0.06618. As per WazirX, Dogecoin price in India stood at Rs 5.49.

Litecoin (LTC) price today

Litecoin registered a loss of 0.09 percent over the past 24 hours. At the time of writing, it was priced at $51.39. LTC price in India stood at Rs 4,375.87.

Ripple (XRP) price today

XRP price stood at $0.3252, seeing a 24-hour dip of 0.53 percent. As per WazirX, Ripple price stood at Rs 26.52.

Solana (SOL) price today

Solana price stood at $35.77, marking a 24-hour gain of 0.43 percent. As per WazirX, SOL price in India stood at Rs 2,931.

Top crypto gainers today (July 11)

As per CoinMarketCap data, here are the top five crypto gainers over the past 24 hours:

Chiliz (CHZ)

Price: $0.1065
24-hour gain: 4.98 percent

Tezos (XTZ)

Price: $1.65
24-hour gain: 3.74 percent

Monero (XMR)

Price: $128.80
24-hour gain: 3.50 percent

Arweave (AR)

Price: $11.90
24-hour gain: 3.28 percent

IOTA (MIOTA)

Price: $0.2893
24-hour gain: 2.26 percent

Top crypto losers today (July 11)

As per CoinMarketCap data, here are the top five crypto losers over the past 24 hours:

STEPN (GMT)

Price: $0.8885
24-hour loss: 9.30 percent

Convex Finance (CVX)

Price: $5.80
24-hour loss: 7.52 percent

THORChain (RUNE)

Price: $2.22
24-hour loss: 6.74 percent

Elrond (EGLD)

Price: $51.34
24-hour loss: 6.71 percent

Curve DAO Token (CRV)

Price: $0.9294
24-hour loss: 6.35 percent

Edul Patel, the CEO and Co-Founder of crypto exchange Mudrex, told ABP Live, “Most cryptocurrencies dipped over the weekend with increasing selling pressure. Bitcoin has been down by nearly 4 percent since the last day. If bulls can keep the bar above the $21,000 level, we might see some sharp upward moves. If sellers take over the BTC, we might likely see a bearish trend this week. While on the other hand, as the price of Ethereum also falls, the revenue of projects based on the network is also plunging drastically. ETH has lost nearly 5 percent, and it is about to test its support level at$1,200. If buyers lose control to sellers, we might see Ethereum falling to the $1,000 zone.”

Disclaimer: Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Cryptocurrency is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Cryptocurrency market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.


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Crypto Price Today Live: Polygon, Shibu Inu, Bitcoin rally up to 11% in 24 hours

New Delhi: Top cryptocurrencies in terms of market capitalisation gained up to 11 per cent in the last 24 hours, led by Polygon, Shibu Inu, Bitcoin and Ethereum amid a rise in risk appetite.

Bitcoin, the largest cryptocurrency, jumped 7.83 per cent in the last 24 hours to $21,961.59 and is up 8.15 per cent in the last seven days.

Ethereum gained 6.71 per cent to $1,249.91, taking its weekly rise to 14.36 per cent. XRP advanced 7.17 per cent to $0.3528.

The biggest gainer in the top 20 cryptocurrencies was Polygon, which soared 11.65 per cent to $0.5826. Shibu Inu added 6.79 per cent to $0.00001133. Avalanche rose 6.81 per cent to $20.61. Polkadot and Litecoin rose 6 per cent each while Salona and Dogecoin were up 4 per cent each.

The global cryptocurrency market cap stood at $968.99 billion, rising 5.53 per cent in the last 24 hours. The total cryptocurrency trading volume also jumped 10.28 per cent to $63.46 billion.

A few top figures in the cryptocurrency space said they felt the ecosystem has likely already made it through the worst of the risk-off pressure that has rocked digital asset prices, Reuters reported.

Many of the crypto industry’s recent problems can be traced back to the spectacular collapse of the so-called stablecoin TerraUSD in May, which saw the stablecoin lose almost all its value, along with its paired token, the Reuters report suggested. That crash put substantial pressure on bitcoin and ether, two of the largest digital assets, said the Reuters report.

Bitcoin was down 58 per cent in the first six months of 2022, its worst first half of year showing ever.

Global news
– A former investment manager at Celsius Network sued the crypto lender on Thursday, saying it used customer deposits to rig the price of its own crypto token and failed to properly hedge risk, causing it to freeze customer assets.

– The US Federal Deposit Insurance Corporation is looking into Voyager

‘s marketing of deposit accounts for cryptocurrency purchases, an FDIC official said, confirming a report in the Wall Street Journal.


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Crypto Price Today Live: Dogecoin, Shiba Inu, Polkadot drop 4% each; Unus Sed Leo rises

New Delhi: After a small rebound, the crypto market was back in the red during the early trading hours on Wednesday. Bitcoin again breached the $20,000 threshold, denting the sentiments for other crypto assets.

The flow of bad crypto news was slower than it has been most days over the past six weeks. However, the gloom and fear in the crypto industry still persist.

Barring the Unus Sed Leo, which was up by 3 per cent down, all other crypto tokens were lower on Wednesday. Shiba Inu, Dogecoin and Polkadot plunged 4 per cent each, whereas Cardano shed 3 per cent.



The global cryptocurrency market cap was trading lower at the $894.51 billion mark, dropping almost 2 per cent in the last 24 hours. However, the total cryptocurrency trading volume jumped almost 17 per cent to $64.82 billion.

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Crypto Price Today: Meme coins trade in the green; Solana, Polkadot shed up to 8%

New Delhi: Crypto market slipped in early trading hours on Thursday. Bitcoin barely held above $20,000 levels while the pain in altcoins was severe.

Fears of recession in the global economy and rising inflationary pressure are denting the sentiment for the digital token market.

Barring Unus Sed Leo, which gained about 4 per cent, and memecoins Dogecoin and Shiba Inu, all of the other crypto tokens were trading in the red on Thursday.



Among the losers, Solana plunged about 8 per cent, while Polkadot tumbled more than 6 per cent. Ethereum and BNB dropped 5 per cent each, and Bitcoin was also in the red.

The global cryptocurrency market cap was trading at the $892.72 billion mark, dropping more than 2 per cent in the last 24 hours. However, the total cryptocurrency trading volume zoomed more than 11 per cent to $62.65 billion.

What’s cooking in India
Cryptocurrencies that were the flavour of the season till about last year have seen a sudden fall on every matrix for the exchanges- trading volumes, value and profitability- as a crypto winter sets in following a big drop in prices in the last few months.

The sudden shift in market sentiment from exuberance to fear has led to exchanges resorting to a combination of short- and long-term measures to manage working capital.

Influencers, rather than celebrities, were behind more than 92 per cent of crypto-related advertisement violations in India between January 2022 and May 2022, according to data released by the Advertising Standards Council of India.

Banking giant Citigroup has made a series of comments on mortgages backed by cryptocurrencies and the rise of digital real estate in the metaverse amid a pullback in the crypto markets.

Unifarm, a collaborative wealth creation platform announced today, launching its Web3Talk series with a special focus on safe crypto investing and utilizing the full potential of crypto as an asset class.

The talk series will be an audience-driven event wherein experts from the crypto industry will interact with the crypto community and enthusiasts which will enable them to generate passive income from their investment in crypto.

Expert take
Grayscale Investments’ application to convert its $13.5 billion Bitcoin Trust into a spot-based bitcoin ETF was denied by the SEC on Wednesday despite growing consensus that the product is a lower-cost and more accessible way for investors to take exposure to bitcoin, said CoinDCX Research Team.

“While the outcome is less than desirable, it is crucial that industry stakeholders not lose faith in the potential of crypto assets, and continue to build and develop products in support of the growth of the crypto ecosystem,” it added.

Global updates
The US securities regulator rejected a proposal to list a spot bitcoin exchange-traded fund (ETF) by Grayscale, one of the world’s biggest digital asset managers, on the NYSE Arca exchange.

Crypto hedge fund Three Arrows Capital (3AC) has entered liquidation, a person familiar with the matter told Reuters, in the latest sign of the market downturn hurting the crypto industry.

A report released by blockchain research firm Nansen draws a straight line from Terra to the sinking price of lido staked ether (stETH).

The free fall in crypto markets could continue because of the system’s complexity, Deutsche Bank (DB) said in a report. Macro risk is also a concern.

Tech View by Giottus Crypto Platform
APE coin, the governance token of the popular NFT series BAYC (Bored Ape Yacht Club), had quickly made it into the top 50 cryptocurrencies by market cap after its launch on March 17, 2022.

In its short lifespan, APE has reached an ATH of $24, lost 83% value against it and is trading at around $4.5 today. The crypto market turbulence hit APE hard – it shed 65% of its April gains in May.

APEETMarkets.com

However, the coin seems to be on the path to recovery after the release of a BAYC-themed music video by Eminem and Snoop Dogg. APE has breached its declining trendline resistance, flipping it into support. It is trading close to its .236 fib level of $4.6.

APE needs to get past the psychological resistance of $5.5 to confirm an actual rebound. The next resistance is its 50-day moving average is at $6. Despite the improving trading volumes, APE’s RSI shows a neutral signal at 44. In case APE is unable to sustain its momentum, it will have to retest its trendline at $3.7.

Major Levels
Resistance: $5.5, $6, $6.2

Support: $3.7, $3

(Views and recommendations given in this section are the analysts’ own and do not represent those of ETMarkets.com. Please consult your financial adviser before taking any position in the asset/s mentioned.)


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Crypto Crash Latest News Today 6/28: Shiba Inu (SHIB), Dogecoin, Solana, DOT, AVAX, XRP, Matic fall up to 8%

Crypto Crash Latest News (28th June): Prices of most of the top cryptos have dropped in the last 24 hours. Meanwhile, the global cryptocurrency market cap decreased by 1.82 per cent to $933 billion over the last day, according to CoinMarketCap data at the time of writing (11.30 am, India time).

The global crypto market volume over the last 24 hours was $56 billion, down 10.47 per cent from the previous day. Bitcoin dominance has dropped to 42.5 per cent.

Bitcoin (BTC) price decreased by around 2 per cent in the last 24 hours. At the time of writing, BTC was trading at $20,770. In the last 7 days, BTC price has decreased by 0.49 per cent. 

Crypto Rupe Index Change

Crypto Rupee Index (CRE8) by CoinSwitch decreased 0.86 per cent in the last 24 hours to Rs 2343 at the time of writing. CRE8 tracks crypto market performance in INR.

Top Crypto Prices on June 28

Ethereum (ETH): Ethereum price decreased by around 3 per cent to $1186 in the last 24 hours. In the last 7 days, ETH price has increased by over 3 per cent. It is currently ranked second largest crypto asset in terms of market capitalisation.  

Binance (BNB): Binance Chain coin’s price decreased by 1.13 per cent to $234 in the last 24 hours. In the last 7 days, BNB price has increased by more than 5 per cent. It is currently ranked as fifth biggest crypto asset in terms of market capitalisation.  

XRP: XRP coin’s price decreased by 4.11 per cent to $0.3459 in the last 24 hours. In the last 7 days, XRP price has increased by over 5 per cent. It is currently ranked as 7th biggest crypto in terms of market capitalisation.  

Solana (SOL): Solana price decreased by around 5.25 percent to $37.9 in the last 24 hours. In the last 7 days, SOL price has increased by 1.59 per cent. It is currently ranked as 9th biggest crypto asset in terms of market capitalisation.  

Cardano (ADA): Cardano token’s price decreased by 3 per cent to $0.484 in the last 24 hours. In the last 7 days, ADA price has decreased by 3.33 per cent. It is currently ranked as 8th biggest crypto asset in terms of market capitalisation.  

Dogecoin’s (DOGE) price has increased by around 15 per cent in the last 7 DAYS. However, in the last 24 hours, DOGE is down 8 per cent. DOGE is currently ranked 10th in terms of market capitalisation. The price of DOGE at the time of this report was $0.07087.

The price of Polkadot (DOT) decreased by 4 per cent to $7.64. Avalanche (AVAX) price also fell around 4 percent to $19.32 in the last 24 hours. Both DOT and AVAX are currently ranked 11th and 17th respectively on CoinMarketCap. 

Polygon (Matic) price decreased by around 7 percent to $0.5235 in the last 24 hours. In the last 7 days, MATIC has jumped over 21 per cent.  It is currently ranked 18th on CoinMarketCap. In the last 7 days, Matic has jumped 52 percent. 

Shiba Inu (SHIB) price dropped 6.26 per cent in the last 24 hours to $0.00001075. SHIB has jumped nearly 30 per cent in the last 7 days. It is currently ranked 14th on CoinMarketCap.

(Cryptos and other virtual digital assets are unregulated in India. They are considered extremely risky for investment. Please consult your financial advisor before making any investment decision)




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Cryptocurrency Price Today In India June 27 Check Market Cap Bitcoin Ethereum Dogecoin Litecoin Ripple GGT Prices Gainer Loser Coinmarketcap Wazirx

Due to an unprecedented crash last weekend, the global crypto market cap tanked to below $800 billion, down from its all-time high of $3 trillion as seen in November 2021. However, over the week, the prices of some cryptocurrencies managed to recover, including the likes of popular coins such as Bitcoin, Ethereum, Dogecoin, and others. As a result, the global market cap has also seen a boost in value, inching closer to the $1 trillion mark with each passing day. Despite a minor 24-hour dip, Bitcoin (BTC) price managed to stay above $21,000 on June 27. On the other hand, the GARD Governance Token (GGT) saw a rise of over 2,900 percent, along with several other lesser-known altcoins.

As per CoinMarketCap data, the global crypto market cap stood at $954.50 billion at the time of writing, registering a minor 24-hour dip of 0.80 percent.

Bitcoin (BTC) price today

As per CoinMarketCap, Bitcoin price stood at $21,235.54 at the time of writing. As per Indian exchange WazirX, BTC price stood at Rs 17.62 lakhs. Over the last 24 hours, BTC saw a dip of 0.87 percent.

Ethereum (ETH) price today

ETH price stood at $1,221.83, seeing a 24-hour loss of 1.29 percent. As per WazirX, Ethereum price in India stood at Rs 1.01 lakhs.

Dogecoin (DOGE) price today

DOGE saw a 24-hour gain of 11.26 percent as per CoinMarketCap data, currently priced at $0.07586. As per WazirX, Dogecoin price in India stood at Rs 6.39.

Litecoin (LTC) price today

As per CoinMarketCap, LTC registered a dip of 2.91 percent over the past 24 hours. At the time of writing, it was priced at $58. LTC price in India stood at Rs 4,791.54.

Ripple (XRP) price today

XRP price stood at $0.3626, registering a minor 24-hour dip of 1.04 percent. As per WazirX, Ripple price stood at Rs 29.80.

Solana (SOL) price today

As per CoinMarketCap, Solana price stood at $40.48, marking a 24-hour dip of 1.82 percent. As per WazirX, SOL price in India stood at Rs 3,330.

Top crypto gainers today (June 27)

As per CoinMarketCap data, here are the top five crypto gainers over the past 24 hours:

GARD Governance Token (GGT)

Price: $0.0007236
24-hour gain: 2,916.49 percent

Swerve (SWRV)

Price: $0.5245
24-hour gain: 583.32 percent

Saitama (SAITAMA)

Price: $0.0000000002527
24-hour gain: 294.73 percent

Listen To Earn (LTE)

Price: $0.000001054
24-hour gain: 202.97 percent

Convergence (CONV)

Price: $0.002011
24-hour gain: 151.85 percent

Top crypto losers today (June 27)

As per CoinMarketCap data, here are the top five crypto losers over the past 24 hours:

PayAccept (PAYT)

Price: $0.04098
24-hour loss: 56.67 percent

SUPE (SUPE)

Price: $0.4916
24-hour loss: 53.85 percent

StepG (STEPG)

Price: $0.004243
24-hour loss: 50.78 percent

Starbase (STAR)

Price: $0.001764
24-hour loss: 33.20 percent

GAMETREE (GTCOIN)

Price: $0.3652
24-hour loss: 31.45 percent

Commenting on the current market scenario, Sathvik Vishwanath, CEO and Co-Founder of crypto exchange Unocoin told ABP Live, “The market has steadily increased over the past 72 hours and the recovery is in terms of 5 percent across the board. The crypto market cap stands inches away from reaching a trillion USD. While we are not sure if this is a dead cat bounce or actual recovery, we would get the clarity over this running week. This is the first week since 14 weeks the candle has ended in the green.”

Disclaimer: Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Cryptocurrency is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Cryptocurrency market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.


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Cryptocurrency Price Today: Crypto Price Today: Shiba Inu, Dogecoin zoom up to 21%; Bitcoin holds $20,000

New Delhi: Crypto market was trading mixed on Wednesday morning amid lack of fresh triggers. Investors, however, preferred profit booking than raising their hopes about a long-term rebound.

Bitcoin dipped marginally but sustained above $20,000, whereas Ethereum was also under some pressure. Market experts see the volatility in the crypto market to continue in the near term.

The top tokens in the crypto cart were trading mixed on Wednesday. Memecoins like Shiba Inu rose over 21 per cent, whereas Dogecoin surged 8 per cent. Cardano and Polkadot plunged close to 4 per cent each.



The global cryptocurrency market cap was trading around the $900 billion mark, dropping marginally by less than a per cent in the last 24 hours. However, the total cryptocurrency trading volume plunged merely over a per cent to $70.75 billion.

What’s cooking in India
Job postings for cryptocurrency, blockchain and NFTs have grown 804 per cent between April 2020 to April 2022, according to a report by a global job portal. It also revealed an acceleration in the market’s demand. In 2022, the increase was 315 per cent.

The Covid-19 pandemic has fast-tracked the adoption of technology across functions in India, technology professionals are more in demand than ever before, especially with expertise in newer areas like cryptocurrency, NFTs and blockchain, the report showed.

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Crypto Crash Latest News Updates 6/19: Bitcoin crashes to $18,000; Ethereum price falls below $1000

Crypto Crash Latest News (19th June): Crypto markets appear to have landed in a  non-stop free fall in the last few days. The global cryptocurrency market cap has fallen to nearly $800 billion amid the ongoing crash while the price of Bitcoin has touched a record low of $18,000 and Ethereum is now trading below $1000.

At the time of writing, the global crypto market cap was $818 billion, down 8 percent over the last day, according to data on CoinMarketCap at 9.47 am, India time. 

The crypto markets showed some signs of recovery on Thursday (June 16th) while several top coins registered gains of over 10 per cent. However, amid weak global cues and falling traditional financial markets, cryptos are also facing the downturn. 

The global crypto market volume was $76 billion, up 55 percent over the last 24 hours, indicating a massive sell-off of crypto assets by traders. 

Bitcoin dominance has dropped to 42.86 percent, according to data on CoinMarketCap, which tracks 19866 cryptos and 527 exchanges. 

Bitcoin (BTC) price has dropped by 33 percent in the last 7 days and around 10 percent in the last 24 hours. At the time of writing, BTC was trading at $18,475.

ALSO READ | Will crypto bounce back in 2022? Here’s what experts say 

Crypto Rupe Index Change

Crypto Rupee Index (CRE8) by CoinSwitch increased over 15 percent in the last 24 hours to Rs 1989.  CRE8 tracks crypto market performance in INR.

Top Crypto Prices on June 16

Ethereum (ETH): Ethereum price has decreased nearly 11 percent to $960 in the last 24 hours. In the last 7 days, ETH price has decreased by around 35 percent. It is currently ranked second largest crypto asset in terms of market capitalisation.  

Binance (BNB): Binance Chain coin’s price decreased by around 9 percent to $193 in the last 24 hours. In the last 7 days, BNB price has decreased by 25 percent. It is currently ranked as fifth biggest crypto asset in terms of market capitalisation.  

XRP: XRP coin’s price decreased by 5% percent to $0.3024 in the last 24 hours. In the last 7 days, XRP price has decreased by 12 percent. It is currently ranked as 8th biggest crypto in terms of market capitalisation.  

Solana (SOL): Solana price increased  by around 1 percent to $30.38 in the last 24 hours. In the last 7 days, SOL price has decreased by 6 percent. It is currently ranked as 9th biggest crypto asset in terms of market capitalisation.

Cardano (ADA): Cardano token’s price fell by around 8 percent to $0.44 in the last 24 hours. In the last 7 days, ADA price has decreased by 14 percent. It is currently ranked as 7th biggest crypto asset in terms of market capitalisation.  

ALSO READ | Why cryptocurrency markets crashed this month

Popular memecoin Dogecoin’s (DOGE) price decreased by around 8 percent in the last 7 DAYS. DOGE is currently ranked 10th in terms of market capitalisation. The price of DOGE at the time of this report was $0.05221.

Price of Polkadot (DOT) decreased by 4 percent to $6.94 while  Avalanche (AVAX) price also fell by 10 percent to $14.29 in the last 24 hours. Both DOT and AVAX are currently ranked 10th and 17th respectively on CoinMarketCap. Polygon (Matic) price decreased by around by 15 percent to $0.3316 in the last 24 hours. It is currently ranked 22nd on CoinMarketCap. 

Meanwhile, Tron (TRX) price has decreased by around 20 percent in the last 7 days to $0.0601. It is currently ranked 13th on CoinMarketCap. 

(Cryptos and other virtual digital assets are unregulated in India. They are considered extremely risky for investment. Please consult your financial advisor before making any investment decision)




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cryptocurrency price today: Top cryptocurrency prices today: Bitcoin, Ethereum, BNB, Tron plunge up to 17%

New Delhi: Bitcoin, along with other major crypto tokens nosedived in the last 24 hours, hurting investors’ portfolios badly.

Bitcoin, akin to other peers, has wiped off about 70 per cent of its value from peak. It plunged to the lowest in about 18 months after the freezing of withdrawals by the Celsius lending platform added to concern that systemic risk in the crypto ecosystem will accelerate the digital-asset market meltdown.

Apart from this, recession and inflation fears also haunted investors.



Majority of the crypto tokens were in deep red. Bitcoin, Ethereum, BNB and Tron plunge between 10-17 per cent. However, a mild recovery was witnessed in Polkadot and Avalanche after solid hammering.

The global cryptocurrency market cap was trading sharply lower at the $908.51 billion mark, dropping as much as 11 per cent in the last 24 hours. However, the total cryptocurrency trading volume zoomed about 64 per cent to $153.34 billion.

Expert take
Bitcoin plunged significantly over the past 24 hours and is trading at $21,000 with increased selling pressure since the weekend, said Edul Patel, CEO and Co-founder of Mudrex. “If sellers are determined, Bitcoin can fall to $20,000.”

The market continued to slip following the rise in inflation in the US, he added.

“There is a sharp carnage in the crypto markets and the community is under severe distress. Bitcoin and other tokens have a little comfort to offer to investors. It’s havoc to be exact,” said Kunal Jagdale, Founder & CEO, BitsAir Exchange.

Bears are in ruckus mode and crypto investors have no refuge now that Bitcoin has taken a big hit, he added. “If it falls below the $20,000 mark, things might get uglier and investors should brace themselves for the worst price action.”

Global updates

  • The Tron network’s stablecoin, USDD, lost its peg to the US dollar, dipping to as low as 91 cents, as crypto markets nosedived as investors grew increasingly concerned about persistently high inflation, tightening financial conditions and a potential recession.

  • Crypto exchange Crypto.com and lending platform BlockFi plan to cut a total of more than 400 jobs, joining an expanding list of crypto companies looking to reduce headcount.

  • Bank of England Governor Andrew Bailey reiterated his stance on cryptocurrencies, stating that the asset class has ‘no intrinsic value.’

  • Michael Saylor’s MicroStrategy (MSTR) is sitting on an unrealized loss of more than $1 billion on its bitcoin (BTC) holdings as the price of the largest crypto by market value touches $22,900 in Monday trading.

  • The world’s largest crypto exchange by trading volume, Binance, resumed withdrawals of bitcoin (BTC) after a pause early Monday, the company said.

Tech View by Giottus Crypto Platform
With the weekend selloff intensifying and the Fed’s declaration of 40-year-high inflation of 8.3 per cent, Bitcoin (BTC) has fallen to its lowest level since December 2020. It’s currently trading just above $20,000, after having witnessed double-digit losses in a single day. It is also down by 70 per cent from its all-time high in November. The market, including the rest of the altcoins, will continue to be impacted by BTC’s lows.

BTCET CONTRIBUTORS

After trapezing for weeks in the $30-32,000 range, Bitcoin has forsaken the parallel descending channel it had been forming for some time, to plunge below its crucial support level of $25,000.

When considering yearly timeframes, BTC’s value has plummeted by 80 per cent twice – once in 2014 and then in 2018. If such a drop ensues, Bitcoin may fall further to $14,000. Interestingly, both these years were the mid-way zone to the next Bitcoin halving event similar to 2022.

To restore the market confidence, BTC needs to reclaim the $25,000 psychological resistance before it sets to pursue the $28,000 level – the crucial .618 retracement level. Investors should wait for the BTC to form its bottom before they deploy new capital.

Major Levels
Resistance: $24,700, $25,000, $27,000

Support: $22,500, $20,000

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)


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