Crypto

Cryptocurrency Price Today: Bitcoin Climbs Above $71,000, FLOKI Becomes Top Gainer

Published

2 years ago

June 5, 2024

Cryptocurrency Price Today: Bitcoin Climbs Above ,000, FLOKI Becomes Top Gainer

Bitcoin (BTC), the world’s oldest and most valued cryptocurrency, managed to rise above the $71,000 mark early Wednesday. Other popular altcoins — including the likes of Ethereum (ETH), Dogecoin (DOGE), Ripple (XRP), Solana (SOL), and Litecoin (LTC) — landed in the greens across the board as the overall Market Fear & Greed Index stood at 65 (Greed) out of 100, as per CoinMarketCap data. Memecoin FLOKI emerged to be the biggest gainer, with a 24-hour jump of nearly 24 percent. Wormhole (W) became the biggest loser, with a 24-hour dip of nearly 8 percent.

The global crypto market cap stood at $2.63 trillion at the time of writing, registering a 24-hour gain of 2.70 percent.

Bitcoin (BTC) Price Today

Bitcoin price stood at $71,003.22, registering a 24-hour jump of 3 percent, as per CoinMarketCap. According to Indian exchange WazirX, BTC price stood at Rs 61.18 lakh.

Ethereum (ETH) Price Today

ETH price stood at $3,789.52, marking a 24-hour gain of 0.93 percent at the time of writing. As per WazirX, Ethereum price in India stood at Rs 3.27 lakh.

Dogecoin (DOGE) Price Today

DOGE registered a 24-hour gain of 3.27 percent, as per CoinMarketCap data, currently priced at $0.1625. As per WazirX, Dogecoin price in India stood at Rs 13.71.

Litecoin (LTC) Price Today

Litecoin saw a 24-hour jump of 2.32 percent. At the time of writing, it was trading at $83.82. LTC price in India stood at Rs 7,126.77.

Ripple (XRP) Price Today

XRP price stood at $0.525, seeing a 24-hour jump of 1.08 percent. As per WazirX, Ripple price stood at Rs 45.50.

Solana (SOL) Price Today

Solana price stood at $174.02, marking a 24-hour gain of 5.44 percent. As per WazirX, SOL price in India stood at Rs 14,302.01.

Top Crypto Gainers Today (June 4)

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

FLOKI (FLOKI)

Price: $0.0003267
24-hour gain: 23.60 percent

Uniswap (UNI)

Price: $11.21
24-hour gain: 17.84 percent

ORDI (ORDI)

Price: $55.17
24-hour gain: 16.15 percent

Stacks (STX)

Price: $2.23
24-hour gain: 13.30 percent

Binance (BNB)

Price: $704.53
24-hour gain: 11.49 percent

Top Crypto Losers Today (June 4)

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

Wormhole (W)

Price: $0.6388
24-hour loss: 7.74 percent

Notcoin (NOT)

Price: $0.02264
24-hour loss: 6.59 percent

Ethena (ENA)

Price: $0.9599
24-hour loss: 2.99 percent

Flare (FLR)

Price: $0.02846
24-hour loss: 1.72 percent

Ronin (RON)

Price: $3.15
24-hour loss: 4.10 percent

What Crypto Exchanges Are Saying About Current Market Scenario

Mudrex co-founder and CEO Edul Patel told ABP Live, “Bitcoin hovered above the $70,000 with inflows into Bitcoin spot ETFs. Over the past 30 days, it has consistently held its key support level of $60,000, a crucial benchmark for traders. Showing positive momentum, Bitcoin may continue to rise. The next resistance level is at $71,200, with support at $69,400. Investors and traders are also eagerly anticipating the release of US jobs data on Friday.”

CoinSwitch Markets Desk noted, “With BTC soaring towards the all-time highs with the market sentiment being as bullish as it could have been with Ether ETF coming out soon, the Bitcoin ETF has now had 15 consecutive days of net inflows with Blackrock’s iBit now holding more than 20 billion dollars worth of assets under management for the first time, out of which around 2.4 billion dollars coming in the last month, making it the third largest inflow in the entire ETF market.”

Rajagopal Menon, Vice President, WazirX, said, “Bitcoin indicates a strong buy sentiment as it was able to cross its latest resistances and find new support levels. Bitcoin briefly hit $71,040 before pulling back, a key price level that traders are watching as it approaches its all-time high of $73,679. US spot Bitcoin ETFs too experienced their second-largest net inflow totaling $887 million. Fidelity Wise, BlackRock and ARK 21 shares led the pack. Besides these factors, the buzz around ETFs extending beyond USA to Hong Kong, Australia also generated an optimistic buzz in the market.”

Sathvik Vishwanath, CEO and co-founder of Unocoin, said, “During the US session, Bitcoin came close to $71,000, but failed to sustain it and closed at $70,250. The recent Job Openings and Labor Turnover Survey (JOLTS) showed a decline in jobs, indicating a cooling labor market, which may drive investors to Bitcoin. Bitcoin broke out of a symmetrical triangle pattern at $69,000, indicating a bullish trend. The pivot point is at $68,450, with immediate resistance at $71,200. The RSI at 66.95 indicates overbought conditions, indicating a potential near-term downside. Key levels to watch are the pivot point at $68,450 and resistance at $71,200.”

Shivam Thakral, CEO of BuyUcoin, said, “The Bitcoin price continued to head north as it breached the psychological barrier of $70,000 in early trade. Ethereum, which follows the BTC trail also witnessed a marginal jump in its value and surpassed the $3,800 mark. The spot ETFs have added $2.4 billion in assets over the past month, according to data from Bloomberg Intelligence. The strong demand from institutional investors is driving the Bitcoin prices currently and positive macroeconomic factors will help the crypto market to sustain the momentum in the coming weeks.”

CoinDCX Research Team told ABP Live, “BTC now needs to clear its ATH level at around $73,500 to break the range and form a new ATH. Funding rates are still neutral, which is positive. Technically, the price action looks bullish. The only concern is that on March 12, when ETF inflows peaked, BTC formed a local top. However, the chances of a local top forming now seem unlikely as other indicators are 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

Better Cryptocurrency to Buy Today With $3,000 and Hold for 7 Years: XRP vs. Bitcoin

Published

13 hours ago

March 4, 2026

Press Room

Better Cryptocurrency to Buy Today With ,000 and Hold for 7 Years: XRP vs. Bitcoin

Key Points

Bitcoin is a store of value, but it’s facing a huge risk in the next 10 years or so.
XRP has utility today, but it’s facing an onslaught of competitors in the same time frame.
One of these assets has a more straightforward path to its ongoing success.

Buying a cryptocurrency and then holding it for seven years is less about picking the flashiest chain of today, and more about picking the investment thesis that can inspire your conviction over time, survive your own boredom when the market is slow, and perhaps most importantly, survive a couple of gut-check drawdowns.

So with $3,000 to allocate today, is it smarter to load up on Bitcoin(CRYPTO: BTC) or XRP(CRYPTO: XRP) if you’re (hopefully) going to be holding whatever you pick through 2033?

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Image source: Getty Images.

Bitcoin’s job is simple

Bitcoin’s pitch is that it’s an asset with a fixed supply and enough of a social consensus about its worth that it functions as a store of value.

The coin’s supply cap is hard-coded at 21 million coins that can ever be mined. A lot of that supply, approximately 20 million Bitcoin, is already out in the world.

And if you’re building a well-balanced crypto portfolio, it’s the scarcity of the remaining supply and the guarantee that it’ll only get scarcer and more challenging to produce in the future that makes this coin a must-have holding.

Nonetheless, the long-term risk that investors should not dismiss is the advent of quantum computing, which in theory could crack Bitcoin’s encryption and enable the theft of coins at some point in the tail end of the next 10 years. There are some early steps taking place to update the coin to prevent that from being possible. Even so, the risk might not be fully addressed for years, or perhaps even too late to prevent a quantum attack which turns into a disaster for holders.

But the odds are good that Bitcoin’s developers will adapt to the threat in time.

XRP needs to keep winning to outperform

XRP is a bet that its chain, the XRP Ledger (XRPL), becomes important financial plumbing, and that demand for the coin rises alongside its use.

There are a few pieces of evidence that suggest it’s succeeding. The XRPL saw around 1.1 million daily transactions recently, and it hosts 7.6 million activated wallets. That activity could accelerate if financial institutions continue to onboard their capital to the network in hopes of managing it more readily than they could elsewhere.

Still, XRP competes against other money transfer rails and also against legacy systems for capital management. It needs to beat out that competition consistently over time to continue to grow. And while it’ll likely win enough of its competitive fights to survive and expand somewhat for the next seven years, to continue to thrive and be a great investment, it’ll need to be winning against bigger and bigger competitors all the while — and that’s a lot harder to believe in because it’s a high bar.

So if you want a coin for a seven-year hold that demands the least babysitting and the least competitive jockeying, invest your $3,000 into Bitcoin, as it only needs to change elements related to its security rather than its core feature set.

Should you buy stock in XRP right now?

Before you buy stock in XRP, consider this:

The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and XRP wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.

Consider when Netflix made this list on December 17, 2004… if you invested $1,000 at the time of our recommendation, you’d have $523,599!* Or when Nvidia made this list on April 15, 2005… if you invested $1,000 at the time of our recommendation, you’d have $1,118,640!*

Now, it’s worth noting Stock Advisor’s total average return is 951% — a market-crushing outperformance compared to 194% for the S&P 500. Don’t miss the latest top 10 list, available with Stock Advisor, and join an investing community built by individual investors for individual investors.

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Alex Carchidi has positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin and XRP. The Motley Fool has a disclosure policy.

Crypto

Millions of dollars in crypto left Iranian exchanges after strikes, researchers say

Published

1 day ago

March 3, 2026

Press Room

Outflows from Iranian crypto exchanges spiked in the hours after the U.S. and Israeli ‌strikes on Iran on Saturday, two blockchain analytics companies said, although researchers added it was not possible to be certain what was behind the moves.

Crypto

Wisconsin lawmakers crack down on cryptocurrency scams

Published

2 days ago

March 3, 2026

Press Room

Wisconsin lawmakers crack down on cryptocurrency scams

MADISON, WI (WTAQ) — A new bipartisan bill is the state legislature is attempting to keep Wisconsinites safe from scammers.

Assembly Bill 968 creates consumer protections around cryptocurrency kiosks—and is aimed at stopping criminals from using crypto-kiosks to steal from victims. It was passed by the assembly last month and is now heading to the senate.

Americans lost over $330 million to scams involving crypto-kiosks in 2025.

As amended; the bill that passed the assembly would:

set daily transaction limits at $1,000
require cryptocurrency-kiosk operators to provide users with receipts
implement consumer-identification measures for every transaction
allow scam victims to receive refunds

“This also requires crypto-kiosk operators to be licensed as a money transmitter with the Department of Financial Institutions,” said bill co-author Representative Dean Kaufert (R-Neenah). “Right now there is no state statute with regards to these crypto machines, and there has to be some oversight.”

Over 700 cryptocurrency kiosks are located in convenience stores, gas stations, restaurants, and other locations throughout Wisconsin.

Detective Kevin Bahl with the Green Bay Police Department says although these scams don’t discriminate, scammers usually target the senior population.

“That’s because they’re the ones with more of the built up funds; that they can lose a significant of money, but we have seen a lot of younger victims too,” said Det. Bahl. “Victims are losing anywhere between a couple thousand dollars, all the way up to hundreds of thousands of dollars.”

The senate will reconvene beginning the second week of March, where Rep. Kaufert believes they will pass Senate Bill 975. Then the bill will go to the governor for approval by April 1. If approved, the law would likely go into effect around June.