By: Shayak Majumder | Updated at : 27 Jun 2022 11:48 AM (IST)
Bitcoin price stood at $21,235.54 as of June 27. ( Image Source : Kanchanara/Unsplash )
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.
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.
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.
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.
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.
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.
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.
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
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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