Crypto

Cryptocurrency Price Today: Bitcoin Dips Below $68,000, Injective Becomes Top Gainer

Published

2 years ago

June 11, 2024

Cryptocurrency Price Today: Bitcoin Dips Below ,000, Injective Becomes Top Gainer

Bitcoin (BTC), the world’s oldest and most valued cryptocurrency, remains on its downward path and dips below the $68,000 mark early Tuesday. Other popular altcoins — including the likes of Ethereum (ETH), Dogecoin (DOGE), Ripple (XRP), Solana (SOL), and Litecoin (LTC) — landed in the reds across the board as the overall Market Fear & Greed Index stood at 60 (Greed) out of 100, as per CoinMarketCap data. The Injective (INJ) token emerged to be the biggest gainer, with a 24-hour jump of over 9 percent. Notcoin (NOT) became the biggest loser, with a 24-hour dip of over 14 percent.

The global crypto market cap stood at $2.46 trillion at the time of writing, registering a 24-hour dip of 2.55 percent.

Bitcoin (BTC) Price Today

Bitcoin price stood at $67,774.70, registering a 24-hour dip of 2.37 percent, as per CoinMarketCap. According to Indian exchange WazirX, BTC price stood at Rs 60.33 lakh.

Ethereum (ETH) Price Today

ETH price stood at $3,535.82, marking a 24-hour dip of 3.64 percent at the time of writing. As per WazirX, Ethereum price in India stood at Rs 3.18 lakh.

Dogecoin (DOGE) Price Today

DOGE registered a 24-hour loss of 2.26 percent, as per CoinMarketCap data, currently priced at $0.1411. As per WazirX, Dogecoin price in India stood at Rs 12.71.

Litecoin (LTC) Price Today

Litecoin saw a 24-hour dip of 1.63 percent. At the time of writing, it was trading at $78.18. LTC price in India stood at Rs 6,960.95.

Ripple (XRP) Price Today

XRP price stood at $0.4866, seeing a 24-hour loss of 1.90 percent. As per WazirX, Ripple price stood at Rs 43.49.

Solana (SOL) Price Today

Solana price stood at $153.92, marking a 24-hour dip of 3.04 percent. As per WazirX, SOL price in India stood at Rs 13,690.

Top Crypto Gainers Today (June 11)

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

Injective (INJ)

Price: $29.54
24-hour gain: 9.54 percent

Gnosis (GNO)

Price: $349.16
24-hour gain: 8.85 percent

Akash Network (AKT)

Price: $4.41
24-hour gain: 5.50 percent

Oasis (ROSE)

Price: $0.118
24-hour gain: 2.74 percent

Flare (FLR)

Price: $0.02774
24-hour gain: 2.10 percent

Top Crypto Losers Today (June 11)

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

Notcoin (NOT)

Price: $0.05199
24-hour loss: 14.05 percent

Wormhole (W)

Price: $0.5522
24-hour loss: 13.09 percent

Mantra (OM)

Price: $0.9984
24-hour loss: 8.01 percent

JasmyCoin (JASMY)

Price: $0.03573
24-hour loss: 6.90 percent

Ethena (ENA)

Price: $0.7412
24-hour loss: 6.83 percent

What Crypto Exchanges Are Saying About Current Market Scenario

Mudrex co-founder and CEO Edul Patel told ABP Live, “Bitcoin is currently consolidating around the $68,000 level following recent liquidations. Investors and traders are closely watching the Federal Reserve’s upcoming press conference and the release of CPI data, both scheduled for tomorrow. Bears are attempting to push the price below $68,000, but bulls may also engage in strong buying at this level. The next support level for BTC is at $67,400, while resistance is at $68,600.”

Parth Chaturvedi, Head of Investments, CoinSwitch Ventures, said, “BTC failed to breach the all time highs, and fell by 2%. This shows that the market sentiment in the near short term. An analysis however from 2011 prices till now shows that BTC has in fact given a 104% CAGR beating both the US Stock Market and Warren Buffett’s portfolio in returns. The broader altcoin market is displaying a downward trend. The recently launched memecoin NOT suffered the most with it being 14% down as people booked profits out of the TON’s top memecoin. Another famous memecoin, PEPE was down 9% as well with 24 hr overall crypto market liquidations reaching more than 150 million dollars as per the data from coinglass.”

Rajagopal Menon, Vice President, WazirX, said, “Bitcoin (BTC) is facing intense pressure, dragging altcoins to new lows. Currently priced at $68,197, BTC has dropped 2.21% in the last 24 hours. The struggle to surpass all-time highs is linked to a slowdown in stablecoin minting post-halving. However, a head-and-shoulders formation in BTC could soon break the resistance line, potentially pushing its price toward $83,000 in the near term.”

Sathvik Vishwanath, CEO and co-founder of Unocoin, said, “The end of the US-Saudi petrodollar agreement on June 9, 2024 marks a significant shift in global financial dynamics that Bitcoin may benefit from. As Saudi Arabia explores alternatives such as the Chinese RMB, euros and digital currencies, the move could reduce reliance on the US dollar and boost inflation. Bitcoin, with its fixed supply and decentralized nature, may become the preferred hedge against inflation. As traditional fiat currencies devalue, Bitcoin’s attractiveness as an investment could increase, leading to long-term appreciation. Trading at $69,600 with resistance at $70,100, Bitcoin futures look bullish if it stays above the $69,100 pivot point.”

Shivam Thakral, CEO of BuyUcoin, said, “The Bitcoin-led investment activity added over $1.97 billion in inflows while Ethereum witnessed its best performance since March by adding almost $70 million in inflows as per the data from Coinshares. The recent dip in prices has sparked buying activity mainly from institutional investors as digital asset prepares for their next bull run. The regulatory developments and positive macroeconomic factors may lead to greater momentum in the second half of 2024.”

CoinDCX Research Team told ABP Live, “In the last 24 hours, the crypto market continued to slide down. BTC touched $68,000 while ETH dipped below $3,600. Altcoins also saw significant drops. This week will be important and highly volatile for the crypto market due to the upcoming FOMC meetings and U.S. CPI and PPI announcements. Technically, the trend is bearish in the lower time frame, but in the higher time frame, it remains bullish.”

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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

Financially Settled Cryptocurrency Futures Vendor Symbols | Cboe

Published

10 hours ago

January 11, 2026

Press Room

Financially Settled Cryptocurrency Futures Vendor Symbols | Cboe

Financially Settled Ether (“FET”) Futures

Vendor	Front Month	M25 Contract
Activ Financial / Options Technology	FET/*.CF	FET/25M.CF
BarChart	Y9*0	Y9M5
Bloomberg	FET = FTEA Curncy	FET = FTEA Curncy
CQG	FET?	FETM25
DevExperts	/FETM25:XCBF	/FETM25:XCBF
DTN IQ	@FET	@FETM25
DTN ProphetX	@FET	@FETM25
Factset	FET.1-USA	FETM25-USA, FETM25-CBF
Interactive Data / ICE	F2:FET1C	F2:FETM25
LiveVol	N/A	FETM25
Morningstar	FET0Y	FETM25
PICO	FET/M5 June 2025	FET/M5 June 2025
Silexx	N/A	FET/M25
Six-Group	FET	FET5M or FETM5
TradeStation	FETM25	FETM25
Trading Technologies	FET Jun25	FET Jun25

Financially Settled Bitcoin (“FBT”) Futures

Vendor	Front Month	M25 Contract
Activ Financial / Options Technology	FBT/*.CF	FBT/25M.CF
BarChart	Y7*0	Y7M5
Bloomberg	FBT = FXBA Curncy	FBT = FXBA Curncy
CQG	FBT?	FBTM25
DevExperts	/FBTM25:XCBF	/FBTM25:XCBF
DTN IQ	@FBT	@FBTM25
DTN ProphetX	@FBT	@FBTM25
Factset	FBTC.1-USA	FBTCM25-USA, FBTCM25-CBF
Interactive Data / ICE	F2:FBT1C	F2:FBTM25
LiveVol	N/A	FBTM25
Morningstar	FBT0Y	FBTM25
PICO	FBT/M5 June 2025	FBT/M5 June 2025
Silexx	N/A	FBT/M25
Six-Group	FBT	FBT5M or FBT5M
TradeStation	FBTM25	FBTM25
Trading Technologies	FBT Jun25	FBT Jun25

Crypto

XRP Stalls Despite Bullish Developments and Ripple’s Institutional Momentum

Published

22 hours ago

January 11, 2026

Press Room

XRP Stalls Despite Bullish Developments and Ripple’s Institutional Momentum

XRP is consolidating near a key level as Ripple expands its regulated global finance footprint, signaling patience in price action while adoption, institutional integration, and regulatory clarity quietly strengthen the crypto asset’s long-term foundation.

Crypto

This Popular Cryptocurrency Could Soar by 177% in 2026, According to Wall Street Analyst Tom Lee

Published

1 day ago

January 10, 2026

Press Room

This Popular Cryptocurrency Could Soar by 177% in 2026, According to Wall Street Analyst Tom Lee

Key Points

Ethereum is the leading platform for developers who want to build decentralized software applications, which are popular in areas like gaming and finance.
Ether, which is Ethereum’s native cryptocurrency, set a new record high during 2025, but it ended the year in the red.
Wall Street analyst Tom Lee thinks Ether could soar in the early stages of 2026, and he chairs a company that owns over $13 billion worth of coins.

Cryptocurrencies had a tough year in 2025, with most popular coins and tokens suffering losses. Not even the industry leaders like Bitcoin and Ethereum(CRYPTO: ETH) were spared, ending the year down 5% and 11%, respectively.

But 2026 is here, and Wall Street analyst Tom Lee recently came out with a set of very bullish forecasts. He thinks Ether, which is the native cryptocurrency of the Ethereum network, could soar to $9,000 per coin early in the year, implying a potential upside of 177% from where it’s trading as I write this.

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Lee founded Fundstrat Global Advisors, but he’s also the chairman of BitMine Immersion Technologies(NYSEMKT: BMNR), which owns approximately $13.4 billion worth of Ethereum, so he certainly has some skin in the game. How realistic is his latest forecast?

Image source: Getty Images.

What is Ethereum?

Ethereum is a platform where people develop decentralized software applications, which are increasingly popular in industries like gaming and financial services. These apps are governed by smart contracts, which are pieces of computer code that live on the Ethereum blockchain. They typically can’t be changed, so no person or company can manipulate the app’s core set of rules, ensuring it stays decentralized.

The Ethereum network itself is also completely decentralized. Instead of using one large data center, it’s hosted on thousands of nodes (computers) all over the world that store an updated copy of its blockchain. Therefore, the network won’t be compromised even if some nodes go down, and that’s how Ethereum has boasted 100% uptime over the last decade.

Ether is like the fuel that makes the Ethereum network function. Every time a person activates a smart contract by using an app, or even transfers a crypto token built on Ethereum, they incur a fee that is payable in Ether. Therefore, the larger the network grows, the more demand there is for Ether, and the more valuable the coin becomes (in theory).

Thousands of decentralized apps have been built on Ethereum so far. Uniswap, for instance, is a popular exchange where people can trade their cryptocurrencies for other cryptocurrencies. Pricing and execution is handled entirely by smart contracts with no intermediaries, creating a lightning-fast and cost-effective experience. Users don’t even need to create an account, because they can connect their crypto wallets directly to Uniswap and immediately start transacting.

How realistic is Lee’s target?

Tom Lee thinks decentralized apps will take over the financial industry, and as the largest platform of its kind, he’s betting Ethereum will lead the transition. The world’s largest asset manager, BlackRock, is already exploring plans to tokenize some of its exchange-traded funds (ETFs) by moving them onto the blockchain, where they can trade more efficiently compared to using traditional stock exchanges.

That is just one example suggesting Lee could eventually be right. But the growing adoption of stablecoins — many of which are built on Ethereum — is another sign. These cryptocurrencies are designed to maintain a stable value (hence their name), and they can be sent anywhere in the world practically instantly. Therefore, they are far more efficient than traditional payment rails that often take several days to move money across borders.

According to Cathie Wood’s Ark Investment Management, over $15 trillion in payment volume was processed using stablecoins in 2024, which was more volume than both Visa and Mastercard processed.

But could all of this send Ether soaring by 177% to $9,000 per coin in the early stages of 2026? I’m not so sure. Ether climbed to a record price of $4,946 per coin in 2025, which was a win for investors, but it was the first new high in four years. Plus, the coin has already lost 32% of its peak value, so I’m not sure if it can muster enough momentum to almost triple in value in the next few months like Lee predicts.

With that said, $9,000 per coin would give Ether a market capitalization of around $1.08 trillion, so it would still be much smaller than Bitcoin, which has a market cap of $1.85 trillion. Therefore, I wouldn’t rule out Lee’s target, especially if the decentralized revolution continues to gather momentum, but I would certainly be cautious about the timing. Plus, it’s important to remember Lee chairs the BitMine Immersion Technologies company, which owns 4.1 million Ether coins, so he has a vested interest in putting forward highly bullish targets.

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Anthony Di Pizio has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin, Ethereum, Mastercard, and Visa. The Motley Fool recommends BlackRock. The Motley Fool has a disclosure policy.