Tuesday, 23 July 2024

Bitcoin and Ethereum experience losses as internet gains dominate

On early Sunday morning, Bitcoin (BTC) and Ethereum (ETH), two of the most valuable crypto coins, managed to surpass $29,000 and $18,000, respectively. BTC and ETH, however, suffered some losses in terms of performance measured in percentages.

Other well-known altcoins, like Litecoin (LTC) and Dogecoin (DOGE), suffered slight losses as a result of the general decline in pricing.

Today’s gainers and losers

The company with the largest gain was Internet Computer (ICP), which increased by more than 4.40 percent in a single day. On the other hand, TRON (TRX) ended up being the greatest loser. The worldwide crypto market valuation was $1.20 trillion at the time of writing, down 0.72 percent over the previous day.

According to CoinMarketCap, the price of one bitcoin was $29,863.51 with a 24-hour loss of 0.18 percent. The price of Bitcoin was Rs. 25 lakhs, according to Indian exchange WazirX. At the time of writing, the price of ETH was $1,870.35, a drop of 1.32 percent over the previous 24 hours. According to WazirX, the price of Ethereum in India was Rs. 1.63 lakhs.

  • Bitcoin and Ethereum surpass $29,000 and $18,000 but suffer losses.
  • ICP experienced significant gain, while TRON suffered the most.
  • Top five crypto gainers in 24 hours: ICP, Casper, TON, FIL, XDC.
  • Top five crypto losers: TRON, XRP, SOLANA, APE, Hedera.

Currently trading at $0.07105, according to data from CoinMarketCap, DOGE saw a 24-hour loss of 2.16 percent. Dogecoin’s price in India was Rs 6.0500, according to WazirX. The 24-hour loss for Litecoin was 92.51%. It was currently selling at $2.47 at the time of writing. In India, LTC was priced at Rs 8,061.62.

The price of XRP was $0.7397, down 4.57 percent over the previous 24 hours. WazirX reported that the price of Ripple was Rs 64.4998. Solana’s price was $24.69, down 4.28 percent over the previous 24 hours. SOL cost Rs 2,181.99 in India, according to WazirX.

CoinMarketCap data shows the top five crypto gainers in the past 24 hours having a gaining percentage: Internet Computer (ICP): 4.40%, Casper (CSPR): 3.52%, Toncoin (TON): 3.34%, Filecoin (FIL): 2.82%, and XDC Network (XDC): 2.62%.

The top five crypto losers with loss percentages were TRON (TRX): 5.60%, Ripple (XRP): 4.67%, Solana (SOL): 4.40%, ApeCoin (APE): 4.07%, and Hedera (HBAR): 3.63%.

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