Cryptocurrency price today: Bitcoin oscillates around $26,000, Litecoin becomes top gainer

Bitcoin (BTC), the world’s oldest and most valuable cryptocurrency, failed to surpass $27,000 over the weekend. Other popular altcoins — including Ethereum (ETH), Dogecoin (DOGE), Ripple (XRP), and Solana (SOL) — have seen a mix of small bounces and declines across the board. Litecoin (LTC) was the biggest gainer of the group with a 24-hour jump of over 3 percent. The Akash Network (AKT) token, on the other hand, became the biggest loser with a 24-hour loss of almost 19 percent.

At the time of writing, the global cryptocurrency market cap was $1.06 trillion, up 0.10 percent over the 24 hours.

Bitcoin (BTC) price today

According to CoinMarketCap, bitcoin price stood at $26,087.20, down 0.13 percent in the 24-hour period. According to Indian exchange WazirX, the BTC price was at 23.04 lakh rupees.

Ethereum (ETH) price today

At the time of writing, ETH price is trading at $1,676.90, up 0.52 percent over the 24-hour period. According to WazirX, the price of Ethereum in India was 1.50 lakh rupees.

Dogecoin (DOGE) price today

DOGE is down 10.98 percent over the 24-hour period, according to CoinMarketCap data, and currently stands at $0.06071. According to WazirX, Dogecoin price in India was 5.72 rupees.

Litecoin (LTC) price today

Litecoin saw an increase of 3.31 percent in 24 hours. At the time of writing, the transaction price was $66.43. The LTC price in India stood at 5,805.64 rupees.

Ripple (XRP) price today

XRP price stood at $0.5323 and recorded a 2.71 percent increase in 24 hours. According to WazirX, Ripple price was 47 rupees.

Solana (SOL) price today

Solana price was at $21.47, down 1.95 percent over the 24-hour period. According to WazirX, the SOL price in India was 1,917.20 rupees.

Top Crypto Winners Today (21st August)

According to CoinMarketCap data, here are the five crypto gainers over the past 24 hours:

Litecoin (LTC)

Price: $66.59
24-hour gain: 3.37 percent

Stellar (XLM)

Price: $0.1276
24-hour gain: 2.98 percent

Ripple (XRP)

Price: $0.5337
24-hour gain: 2.87 percent

Monero (XMR)

Price: $147.86
24-hour gain: 2.18 percent

Flare (FLR)

Price: $0.01349
24-hour gain: 2.17 percent

Top Crypto Losers Today (21st August)

According to CoinMarketCap data, here are the top five crypto losers over the past 24 hours:

Akash Network (AKT)

Price: $1.37
24-hour loss: 18.59 percent

Frax Stock (FXS)

Price: $6.06
24-hour loss: 5.47 percent

Synthetix (SNX)

Price: $2.15
24-hour loss: 3.81 percent

Sui (SUI)

Price: $0.5314
24-hour loss: 3.51 percent

Injective (INJ)

Price: $7.69
24-hour loss: 2.52 percent

What crypto exchanges are saying about the current market scenario

Edul Patel, co-founder and CEO of Mudrex, told ABP Live, “Bitcoin traded around the $26,000 mark. This drop could be due to traders selling the tokens en masse based on several independent catalysts such as a lack of clarity in the Grayscale vs. US SEC case for a bitcoin ETF, SpaceX writing down the value of its bitcoin reserves, and China’s Evergrande Group declare bankruptcy. Ethereum, on the other hand, is trading above the $1,600 level. Altcoins Ripple, Litecoin, and Stellar are each up more than 3 percent over the past 24 hours.”

Parth Chaturvedi, Investments Lead, CoinSwitch Ventures said, “Despite last week’s sharp drop, the crypto market has stabilized and fluctuated within a range over the weekend. The global crypto market cap is currently $1.1 trillion, up 0.5 percent in the last 24 hours. The crypto fear and greed index is up one notch compared to yesterday and is currently in the fear zone at 38/100.”

Sathvik Vishwanath, CEO and co-founder of Unocoin, said, “MicroStrategy, a major Bitcoin holder, suffered a setback when Bitcoin’s decline to $25,000 resulted in an unrealized loss of $600 million.” Although They invested $4.5 billion in 150,000 bitcoins at an average price of $29,970 per bitcoin, this 11 percent drop in price marks their first loss since June. CEO Saylor, a Bitcoin proponent, remains committed to the holdings. While MicroStrategy stock is up 132 percent this year, recent market trends show a 10 percent drop in earnings for bitcoin holders, with the value of bitcoin plummeting. A bearish USD could have helped BTC/USD move.”

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