Bitcoin (BTC), the world's oldest and most valuable cryptocurrency, traded below $27,000 on Friday, while Ethereum (ETH) was stable at around $1,800. Other popular altcoins – such as Dogecoin (DOGE), Ripple (XRP), Solana (SOL), and Litecoin (LTC) – have managed to see a mix of dips and gains. Token Injective (INJ) was the biggest winner on the lotto with a 24-hour jump of more than 8 percent. XDC, on the other hand, was the hardest hit with a drop of more than 5% in 24 hours.
At the time of writing, the cryptocurrency market capitalization was $1.14 trillion, posting a 0.84% gain in 24 hours.
Bitcoin (BTC) price today
The price of bitcoin was $26,950.44, a 0.59% jump in 24 hours, according to CoinMarketCap. According to Indian exchange WazirX, the price of BTC is 23.69 lakh.
Ethereum (ETH) price today
ETH's price stands at $1,876.47, which represents a 24-hour jump of 1.15% at the time of writing. According to WazirX, the price of Ethereum in India is 1.66 lakh.
Dogecoin (DOGE) price today
DOGE posted a 24-hour gain of 0.97%, currently trading at $0.07189, according to data from CoinMarketCap. According to WazirX, the price of Dogecoin in India is Rs 6.33.
Litecoin (LTC) price today
Litecoin had a 24-hour jump of 5.01%. At the time of this writing, it is trading at $94.95. The LTC price in India is Rs 8,150.
Ripple (XRP) price today
The XRP price is $0.516 and the 24-hour profit is 1.57%. According to WazirX, the price of Ripple is Rs 45.30.
Today's Solana price (SOL).
Solana was trading at $20.74, which represents a 24-hour loss of 0.13%. According to WazirX, the price of SOL in India is Rs 1,805.02.
Today's Top Crypto Winners (June 2)
Here are the top five crypto enthusiasts from the past 24 hours, according to data from CoinMarketCap:
injection (INJ)
Price: $7.67 Profit 24 hours: 8.77%.
sand
Price: $ 0.5581 24 hour profit: 5.86%.
Bitcoin (LTC)
Price: $94.99 24 hour profit: 5.51%.
FileCoin (FIL)
Price: $ 4.91 24 hour profit: 5.41%.
WOO network (WOO)
Price: $ 0.2274 24 hour profit: 4.46%.
Top crypto people today (June 2)
Here are five crypto losers in the last 24 hours, according to data from CoinMarketCap:
XDC Network (XDC)
Price: $ 0.0.3625 Loss in 24 hours: 5.39%.
Chart (GRT)
Price: $ 0.1277 Loss in 24 hours: 3.75%.
GetToken (GT)
Price: $ 4.35 Loss in 24 hours: 3.63%.
needle (SUI)
Price: $ 0.9246 24-hour loss: 3.29%.
Toncoin (TON)
Price: $1.78 Loss in 24 hours: 2.22%.
What cryptocurrency exchanges are saying about current market conditions
Mudrex founder and CEO Edul Patel told ABP Live, “In the past 24 hours, Bitcoin traded near $26,900 as investors eagerly await the release of US nonfarm payroll data. The price Bitcoin price has seen strong growth since January, rising even more by 60 percent to nearly $31,000 in mid-April.However, in recent weeks Bitcoin has traded between $26,000 and $28,000 due to inflation and the price cap US debt , Ethereum is trading around $1,870.
Partha Chaturvedi, Chief Investment Officer, Coinswitch Ventures, said: “Contrary to yesterday's performance, all of the top 10 cryptocurrencies by market capitalization are trading positive today. Trading at around $27,000, BTC is up around 0.7 against ETH over the past 24 yrs.Hours. Outpacing BTC with a 1.6% gain since yesterday and now trading around $1,900.Meanwhile, USDT Tether has regained its former high market cap, despite the stablecoin's decline.
Rajagopal Menon, vice chairman of WazirX puts it this way: “Bitcoin, valued at approximately $26,835, has demonstrated remarkable resilience in light of the recent decision by the US House of Representatives to raise the debt ceiling, which guarantees repayment soon term of government spending. At WazirX. , Celo (CELO) and MOBOX (MBOX) are the top winners in the last 24 hours."
Satvik Vishwanath, CEO and co-founder of Unocoin, said, “Bitcoin price is showing slightly bearish sentiment and is hovering around $26,900. It reached the 78.6% Fibonacci retracement level within 4 hours and it dropped to the next support level which is $26,500.IOTA The 20 and 50 day EMAs are consolidating near the 0.5 Fib level with support at $0.2000.LTC is showing higher volumes, suggesting strong interest to the buy, and is currently trading around $95.13, a 5-year upward retracement. . Today it is trading at $1,876.94. Over the past 24 hours, Ethereum is up 1.20%.
Shivam Thakral, CEO of BuyUCoin, said, “The global cryptocurrency market capitalization was $1.14 trillion, an increase of 1.12% from the previous day. The total cryptocurrency market volume in the last 24 hours was $29.64 billion, a decrease of 15.48%.The dominance of Bitcoin.It is currently at 45.95%, reflecting a decline of 0.08% on the day.The global market of "Cryptocurrencies saw a slight increase in overall market capitalization, indicating a positive trend. However, market volume decreased significantly from before, at 15.48% per day, indicating less trading activity during the period."
Note: Crypto and NFT products are unregulated and can be very dangerous. There may be no remedy for damages on such transactions. Cryptocurrencies are not legal tender and are subject to market risks. Before making any investment, readers are advised to consult an expert and to read the offering documents together with the related literature. Forecasts of the cryptocurrency market are speculative and any investment made is at the reader's expense and risk.