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

Crypto exchange Binance may have funded Iranian entities, reports say

Published

31 minutes ago

February 23, 2026

Press Room

Crypto exchange Binance may have funded Iranian entities, reports say

Shortly after Donald Trump pardoned Changpeng Zhao, the Binance founder, last fall, company employees revealed the cryptocurrency exchange may have funded Iranian entities with billions of dollars, according to a report by the New York Times.

The discovery was made by a group of internal Binance investigators, who reportedly found that people in Iran had accessed more than 1,500 accounts on the crypto platform. Two of those accounts allegedly saw $1.7bn move to Iranian-backed groups that included Yemen’s Houthi militants throughout 2024 and 2025, according to the Wall Street Journal.

The company investigators say they reported those transactions to Binance’s executives, but then were reportedly disciplined. At least four of the employees were reportedly fired or suspended on allegations that included “violations of company protocol” in regards to the handling of client data.

In a statement to the Guardian, a Binance spokesperson said the company “did not violate sanctions laws in respect of the transactions described”. The spokesperson also denied that internal investigators were dismissed for raising the discovery. “No investigator was dismissed for raising compliance concerns or for reporting potential sanctions issues,” reads the statement.

Zhao founded Binance in 2017 and it went onto become the world’s largest cryptocurrency exchange. In 2023, Zhao pled guilty to money laundering and resigned from the company. He was sentenced to four months in prison. As part of the guilty plea, Zhao agreed to pay a $50m fine and was barred from any involvement in the business.

In October, Trump pardoned Zhao, downplaying the crimes. Trump’s family crypto business, World Liberty Financial, has worked with Binance and Zhao attended a conference at Mar-a-Lago earlier this month.

“They say what he did was not even a crime. It wasn’t a crime,” Trump told reporters in October. “That he was persecuted by the Biden administration and so I gave him a pardon at the request of a lot of very good people.”

Binance also pled guilty in 2023 and agreed to internal monitoring and a criminal fine of nearly $1.81bn, along with another $2.51bn order of forfeiture to settle three criminal charges. The company also vowed to go after bad actors who used its platform for financial transactions, including customers from Iran.

The Iranian transactions came to light inside the company before Trump’s pardon, according to the New York Times. The entities that reportedly received the funds include a chief foreign adversary that the Trump administration has reportedly been planning to strike.

The White House did not immediately return a request for comment.

Crypto

Crypto Market Sell-Off: 1 High-Conviction Cryptocurrency to Buy and 1 to Avoid | The Motley Fool

Published

13 hours ago

February 23, 2026

Press Room

Crypto Market Sell-Off: 1 High-Conviction Cryptocurrency to Buy and 1 to Avoid | The Motley Fool

Keeping a steady head is crucial in turbulent market conditions.

The same lessons keep repeating themselves. Investors are being reminded of just how volatile the digital asset ecosystem can be. The market for cryptocurrencies reached a peak valuation of around $4.4 trillion in October last year. Today, the market cap sits at $2.4 trillion, a loss of 45% (as of Feb. 18).

The smartest investors are sharpening their focus, figuring out what portfolio moves to make amid the turmoil. Here’s one high-conviction crypto to buy and one that should be avoided like the plague.

Image source: Getty Images.

Buy the dominant cryptocurrency

Investors should consider buying Bitcoin (BTC 3.32%), the world’s leading digital asset that has pioneered the entire industry. Given that it represents 57% of the market, its price swings have an outsized impact. Bitcoin is 46% below its record.

Anyone who pays attention to history will quickly point out that these types of massive drops, which can be nerve-wracking when living through them, are extremely common. Bitcoin’s price has fallen more than 50% on numerous occasions. It’s hard to know exactly what’s causing the recent dip, with explanations ranging from large and early investors taking profits to investors worried about a hawkish Federal Reserve. There is no shortage of guesses.

What matters is that Bitcoin has a hard supply cap of 21 million units. It’s purely digital, transcends borders, is secure, and has ongoing adoption within the financial services industry and among regulators. In other words, the fundamentals are holding up.

Long-term investors should stay focused on these factors. In five or 10 years, Bitcoin’s price should be much higher.

Today’s Change

(-3.32%) $-2247.81

Current Price

$65390.00

Key Data Points

Market Cap

$1.3T

Day’s Range

$64435.00 – $67695.00

52wk Range

$60255.56 – $126079.89

Volume

46B

Avoid this meme token

On the other hand, investors shouldn’t touch Dogecoin with a 10-foot pole. What’s interesting is that this meme token has significantly outperformed Bitcoin over the past decade. However, it’s currently trading 86% off its peak from May 2021. And there are no signs of life that it can bounce back.

To its credit, Dogecoin was one of the earliest cryptocurrencies to hit the market. But it was created as nothing more than a joke. Its founders are no longer involved. And throughout its history, Dogecoin’s price has been supported by its community, which results in wild price movements based on hype. That community appears to be falling apart, given that Dogecoin’s price is so far below its record.

The market is realizing that Dogecoin has no real-world utility, other than being used by gamblers looking to score a quick profit. It’s not scarce, as the supply is constantly increasing. And it doesn’t have an expanding financial ecosystem being built around it. Keep this crypto out of your portfolio.

Crypto

Cryptocurrency Stocks To Add to Your Watchlist

Published

1 day ago

February 22, 2026

Press Room

Galaxy Digital, Bitfarms, HIVE Digital Technologies, Digi Power X, ZenaTech, Soluna, and Bitcoin Depot are the seven Cryptocurrency stocks to watch today, according to MarketBeat’s stock screener tool. Cryptocurrency stocks are shares of publicly traded companies whose business models or balance sh