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Cryptocurrency Price Today: Bitcoin Dips Under $29,000 As Reds Dominate Charts

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Cryptocurrency Price Today: Bitcoin Dips Under ,000 As Reds Dominate Charts

Bitcoin (BTC), the oldest and most valued cryptocurrency in the world, slid below the $29,00 mark, lending a gloomy outlook to the overall market early Thursday. Other popular altcoins — including the likes of Ethereum (ETH), Dogecoin (DOGE), Ripple (XRP), Litecoin (LTC), and Solana (SOL) — landed in the reds across the board. The SEI token, following its beta launch, emerged to be the biggest gainer on Wednesday with a massive 24-hour jump of over 2,600 percent, but as is the case with most new tokens, turned out to be the biggest loser 24 hours later. Rocket Pool (RPL), on the other hand, became the biggest gainer, with a 24-hour jump of over 4 percent. 

The global crypto market cap stood at $1.14 trillion at the time of writing, registering a 24-hour loss of 1.95 percent.

Bitcoin (BTC) Price Today

Bitcoin price stood at $28,634.79, registering a 24-hour dip of 1.96 percent, as per CoinMarketCap. According to Indian exchange WazirX, BTC price stood at Rs 25 lakh.

Ethereum (ETH) Price Today

ETH price stood at $1,798.35 marking a 24-hour loss of 1.63 percent at the time of writing. As per WazirX, Ethereum price in India stood at Rs 1.57 lakh.

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Dogecoin (DOGE) Price Today

DOGE registered a 24-hour dip of 3.95 percent, as per CoinMarketCap data, currently priced at $0.06823. As per WazirX, Dogecoin price in India stood at Rs 5.90.

Litecoin (LTC) Price Today

Litecoin saw a 24-hour loss of 5.08 percent. At the time of writing, it was trading at $75.24. LTC price in India stood at Rs 6,511.06.

Ripple (XRP) Price Today

XRP price stood at $0.5915, seeing a 24-hour dip of 2.73 percent. As per WazirX, Ripple price stood at Rs 51.04.

Solana (SOL) Price Today

Solana price stood at $23.32, marking a 24-hour loss of 1.75 percent. As per WazirX, SOL price in India stood at Rs 2,021.52. 

Top Crypto Gainers Today (August 17)

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

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Rocket Pool (RPL)

Price: $27.29
24-hour gain: 4.41 percent

Gemini Dollar (GUSD)

Price: $0.9999
24-hour gain: 0.08 percent

Tether USDT (USDT)

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Price: $0.9989
24-hour gain: 0.01 percent

Top Crypto Losers Today (August 17)

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

Sei (SEI)

Price: $0.193
24-hour loss: 11.23 percent

Bitcoin SV (BSV)

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Price: $31.23
24-hour loss: 8.82 percent

Shiba Inu (SHIB)

Price: $0.000009206
24-hour loss: 8.78 percent

Conflux (CFX)

Price: $0.1591
24-hour loss: 8.54 percent

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GMX (GMX)

Price: $39.79
24-hour loss: 8.35 percent

What Crypto Exchanges Are Saying About Current Market Scenario

Mudrex co-founder and CEO Edul Patel told ABP Live, “Bitcoin is priced above the $28,500 level. This movement could potentially be attributed to the devaluation of the Russian Rouble and Argentina’s Peso against the US Dollar. In a parallel development, Ethereum has deviated from its established pattern of trading within the $1,800-$1,900 range, instead now trading slightly below $1,800.”

Shubham Hudda, Senior Manager, CoinSwitch Markets Desk, said, “The crypto market has seen a sharp decline in the last 24 hours. As per CoinGecko, the global crypto market capitalization is down 2 percent and fell below $1.2 trillion for the first time in close to 60 days. The crypto fear and greed index is also down 2 points and is currently in the neutral zone with a score of 50/100.”

Rajagopal Menon, Vice President, WazirX, offered his take, “A series of anticipated regulatory developments have subdued the enthusiasm around crypto in the US, dipping the price of Bitcoin to $28,000. Additionally, the prolonged waiting period for ETF approval by the SEC is adding to the negative sentiment. William’s percentage indicator has also pointed to an increase in the selling of Bitcoin by investors, most likely due to the recent downward price trajectory. Binance pulling the plug on its payments arm may have also contributed to the overall uncertainty in the market.”

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Sathvik Vishwanath, CEO and co-founder of Unocoin, said, “Shibarium aims to attract users to its low-fee ecosystem with a focus on finance and gaming. The Ethereum Layer 2 network will use BONE, TREAT, SHIB, and LEASH tokens for blockchain applications, potentially increasing their prices. This improves the Shiba Inu ecosystem by enabling fast transactions with minimal gas fees. Previously on Ethereum, SHIB had security and access but suffered from high fees and slow speed. Shibarium supports $SHIB, $LEASH, $BONE, Shiboshi NFT, ShibaSwap DEX, Shiba Metaverse and more. Crucial support for Bitcoin is around $29,000; a break below could target $28,750. A break above $29,250 could face resistance at $29,400 and $29,600.”

CoinDCX Research Team told ABP Live, “At present, crypto markets struggle to find any directional momentum with Bitcoin (BTC) declining close to 1 percent in the last 24 hours to stay close to $29,000. Major altcoins like Solana, Dogecoin, and Polygon were each down between 4 percent and 6 percent over the past 24 hours as the period of stagnation among most digital assets continues. The current sell-off coincides with Binance, one of the largest crypto exchanges in the world, shutting down its regulated payment arm Binance Connect. As the sideways trading trend continues, data shows that around 80 percent of all Bitcoin (BTC) holders (specifically holding the unspent amount) are currently in a state of profit. This increases the risk of a sell-off, as holders may be looking to take profits amid the current market uncertainty.”

Shivam Thakral, the CEO of BuyUCoin, said, “With a $36.8 billion trade volume over the last 24 hours, the cryptocurrency market has been rather active. There is an impressive rise of 19.72 percent from the day before. The Securities and Exchange Commission (SEC) of the United States is now examining a number of applications for spot BTC ETFs, including one from traditional finance behemoth BlackRock. Low levels of leverage, exceptionally low volatility, and speculative activity characterise the current price movement. The Atlanta Fed’s GDPNow model has been updated with the most recent economic data, and it now projects third-quarter US GDP growth of 5.8 percent. Up from the previously predicted 5 percent, which was already fast.”

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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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Trump’s meme coin creates billions from thin air, rattles cryptocurrency market – The Times of India

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Trump’s meme coin creates billions from thin air, rattles cryptocurrency market – The Times of India
Trump made explicit overtures to the crypto industry in the months before and after his election.

A digital token debuted by President-elect Donald Trump has rattled the cryptocurrency market, attracting billions of dollars of trading volume while stoking concerns about conflicts of interest.
Trading under the “Trump” ticker on the Solana blockchain, the token’s market value surged to $15 billion over the weekend, data from CoinMarketCap show, after the Republican touted it on his social media accounts on Friday.
The digital asset’s market capitalization then slid below $10 billion on Sunday in New York after Trump’s wife Melania also unveiled a coin, drawing traders who seek to capitalize on rapidly shifting speculative demand for memes.
Meanwhile, the wider crypto market struggled over the weekend, including a dip in the largest token, Bitcoin, and a shaper retreat for second-ranked Ether. SOL, the cryptoasset associated with the Solana digital ledger hosting the Trump meme coins, bucked the trend and posted a rally.
Speculative flows
The “size of the capital flowing” to the Trump token left most other coins trading “poorly” outside of SOL and some related assets, said Sydney-based Richard Galvin, co-founder of hedge fund DACM.
The website for the president-elect’s token describes it as the “the only official Trump meme.” The project’s art features an illustration of the incoming US president with his fist in the air — a reference to his response in the aftermath of an attempt on his life during a campaign rally last year.
The small print on the website states the president-elect’s token isn’t intended to be an “investment opportunity, investment contract, or security of any type.” Still, crypto-minded Trump fans immediately started buying. Major exchanges like Coinbase Global Inc. and Binance Holdings Ltd. said during the weekend they intended to list the token on their platforms.
The website for Melania’s project also says that the token isn’t supposed to be an investment opportunity or security, adding that “Melania memes are digital collectibles intended to function as an expression of support for and engagement with the values embodied by the symbol MELANIA.”
Trump’s embrace
Trump made explicit overtures to the crypto industry in the months before and after his election. Bloomberg News has previously reported that he’s considering an executive order designating the asset class a “national priority.”

The president-elect’s previous forays into crypto include profitable collections of nonfungible tokens, digital collectibles that show him in a variety of poses and costumes, including as a superhero. Along with his sons, he’s also endorsed World Liberty Financial, a project that has been much-hyped but for which details remain scarce.
Representatives for Trump didn’t return requests for comment.
Crypto is notorious for meme coins, tokens with questionable inherent value that sometimes briefly surge if they catch a social media tailwind before sliding as attention turns elsewhere.
The Trump token traded at about $39 as of 7:30am on Monday in Singapore, down from an earlier peak of $75.35. Bitcoin slid to $100,000, Ether changed hands at $3,161 and a cooling SOL rally left the digital asset at roughly $240.

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Top Cryptocurrencies To Watch In 2025

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Top Cryptocurrencies To Watch In 2025

The world of cryptocurrencies never stands still, and 2024 was no exception. It was a year marked by volatility, innovation and significant milestones that may set the stage for the future of digital assets. From regulatory crackdowns in major markets to the surprising embrace of cryptocurrencies by political leaders like U.S. President Donald Trump, the narrative around crypto has become more complex than ever before.

Major cryptos like bitcoin continued to dominate, bolstered by institutional investment and integration into traditional finance. At the same time, Ethereum’s transition to proof-of-stake matured, driving innovations in decentralized applications (dApps) and DeFi. Meanwhile, emerging sectors such as AI-driven tokens and meme coins captured the imagination of a new wave of investors, underscoring the diversity and dynamism of the cryptocurrency space.

Cryptocurrencies are highly volatile and involve significant risks. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. The information provided in this article is for informational purposes only and should not be construed as financial or investment advice.

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There are literally millions of cryptocurrencies in existence. Still, the cryptocurrencies below are some of the top cryptocurrencies to watch in 2025, showcasing tokens shaping the present and redefining what is possible in the future of finance and technology.

Methodology Used To Pick These Top Cryptocurrencies

To identify the top cryptocurrencies for 2025, I focused on a mix of market metrics, innovation and real-world utility. Key considerations included market capitalization, price performance, and trading volume, as well as each project’s ability to address challenges in the blockchain ecosystem.

Technological advancements, strong ecosystems and adaptability to macroeconomic trends were critical factors. We also considered cultural relevance and community support, which play a significant role in the success of tokens like Dogecoin. This balanced approach highlights cryptocurrencies that are not only impactful today but are well-positioned for the future.

Bitcoin (BTC)

Bitcoin Overview

  • Current Price: $95,575
  • Market Cap: $1.9 trillion
  • Circulating Supply: ~20 million BTC

Why Bitcoin Is A Top Crypto To Watch

Bitcoin, the world’s first cryptocurrency, continues to dominate the market with the “digital gold” narrative. Its fixed supply of 21 million coins ensures scarcity, which has been one of the drivers of its price rise to over $100,000 in 2024. The coin’s strong resilience in the face of regulatory scrutiny and market volatility has cemented its status as the cornerstone of the crypto economy.

Companies like MicroStrategy remain steadfast in their commitment to Bitcoin. In 2024, MicroStrategy continued to expand its Bitcoin holdings, becoming one of, if not the largest, corporate crypto investors. The company’s strategy underscores the growing trend of enterprises viewing Bitcoin as a strategic asset, not just a speculative one.

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Also, in 2024, Bitcoin made headlines during the U.S. presidential election when former President Donald Trump endorsed it as a hedge against inflation and the declining dollar. This unexpected support from a high-profile political figure brought Bitcoin to the mainstream spotlight, sparking renewed interest from retail and institutional investors. 2025 will be critical as the new seemingly crypto-friendly administration gets into place.

So far, national adoption of any Bitcoin standard has been limited to countries like El Salvador. If the United States moves to legitimize Bitcoin further, and institutional demand continues, it will drive the value of Bitcoin to new highs in 2025.

Ethereum (ETH)

Ethereum Overview

  • Current Price: $3,189
  • Market Cap: $383 billion
  • Circulating Supply: 120.1 million ETH

Why Ethereum Is A Top Crypto To Watch

Ethereum entered 2025 after a somewhat underwhelming performance in 2024. While its transition to proof-of-stake and ongoing scalability upgrades have solidified its position as a leading blockchain for decentralized applications (dApps) and DeFi, Ethereum faced stiff competition from faster and more cost-efficient alternatives like Solana.

Compared to Bitcoin’s resurgence in 2024—buoyed by institutional adoption and political endorsements—Ethereum’s growth was more modest. While it remains a powerhouse in the blockchain ecosystem, its market share in key sectors like DeFi and NFTs has declined slightly due to the rise of these alternative platforms.

However, Ethereum’s continued relevance lies in its adaptability and vast developer ecosystem. The rollout of Layer 2 solutions like Arbitrum and Optimism has helped to address scalability issues, ensuring Ethereum remains a foundational layer for decentralized innovation. With the Ethereum ecosystem continuing to evolve, the platform is well-positioned to maintain its leadership role in the crypto space.

Solana (SOL)

Solana Overview

  • Current Price: $187
  • Market Cap: $90 billion
  • Circulating Supply: 400 million SOL

Why Solana Is A Top Crypto To Watch

Solana is one of the newer blockchains, as compared to the O.G.s of Bitcoin and Ethereum but has nevertheless established itself as a leading alternative to Ethereum, gaining traction in 2024 with its unique combination of speed, scalability and low transaction costs. Solana’s infrastructure is capable of processing up to 65,000 transactions per second with near-zero fees, making it a prime choice for applications requiring high throughput, such as gaming, DeFi and NFTs.

While Ethereum struggled with scalability issues, Solana attracted developers and projects looking for faster and cheaper solutions. Major NFT marketplaces expanded their presence on Solana, and DeFi protocols leveraged the platform’s efficiency to offer competitive services. This led to a significant increase in adoption and a steady rise in Solana’s price and market cap throughout 2024.

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However, Solana’s rapid ascent hasn’t been without challenges. The network experienced several outages in 2024, raising concerns about reliability. Despite this, the platform’s commitment to improving its infrastructure and expanding its ecosystem has reassured developers and investors alike.

Comparatively, Solana’s price performance in 2024 outpaced Ethereum’s growth percentage-wise, underscoring its increasing popularity and market confidence. With ongoing ecosystem developments and partnerships, Solana is poised to remain a major player in the cryptocurrency landscape in 2025, offering a viable alternative for projects seeking scalability and cost-efficiency.

Fetch.ai (FET)

Fetch.ai Overview

  • Current Price: $1.25
  • Market Cap: $3.28 billion
  • Circulating Supply: 2.6 billion FET

Why Fetch.ai Is A Top Crypto To Watch

Artificial Intelligence (AI) adoption has surged over the past few years, and it was only a matter of time before that spilled over to the crypto space. Although countless tokens focus on AI, Fetch.ai is among the most popular.

Fetch.ai enables the creation of decentralized autonomous agents that can perform tasks like data sharing, trading, and infrastructure optimization. As AI adoption surged in 2024, Fetch.ai gained attention for its practical applications, including smart city infrastructure and supply chain automation.

The platform’s modular architecture makes it highly adaptable for various industries, allowing businesses to build tailored solutions for complex problems. In 2024, Fetch.ai expanded its ecosystem with integrations into popular blockchain networks and partnerships with enterprises focusing on automation and efficiency. These developments increased the token’s utility and attracted a broader range of developers and investors, cementing Fetch.ai’s place as a pioneering force in decentralized AI technologies.

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The FET token has benefited from the broader AI hype that resonated across traditional and decentralized markets. Its token saw substantial price growth as investors bet on the intersection of AI and blockchain as a transformative sector for the coming years. Focusing on real-world utility and cutting-edge technology, Fetch.ai remains a top contender for 2025.

Dogecoin (DOGE)

Dogecoin Overview

  • Current Price: $0.35
  • Market Cap: $50.1 billion
  • Circulating Supply: ~148 billion DOGE

Why Dogecoin Is A Top Crypto To Watch

Crypto wouldn’t be crypto without meme coins. Dogecoin, the original meme coin, holds a unique position in the cryptocurrency market. What started as a joke has evolved into a major player, supported by an enthusiastic global community and high-profile endorsements from figures like Elon Musk. In 2024, Dogecoin experienced a resurgence in popularity, driven by a mix of humor, community-driven projects, and increasing real-world utility.

Unlike many speculative meme coins, Dogecoin has started to establish itself as a viable payment solution. Businesses, including major brands, began accepting Dogecoin for transactions, boosting its relevance beyond internet culture. In addition, Musk’s ongoing support on social media has consistently propelled the coin into the spotlight, making it a favorite among retail investors.

Dogecoin also benefits from its simplicity and accessibility, which resonate with new entrants to the crypto space. With its low transaction fees and a fast-growing network of supporters, Dogecoin has proven that it’s more than just a meme—it’s a cultural phenomenon with staying power. As 2025 unfolds, Musk’s focus on crypto, along with industry attention, will likely ensure that Doge remains a key Crypto for 2025.

Bottom Line

The cryptocurrency market in 2025 stands at a crossroads, brimming with potential but shadowed by significant uncertainties. While Bitcoin continues to enjoy institutional backing and cultural relevance, Ethereum faces intensifying competition from alternative platforms like Solana, and newer sectors such as AI-driven tokens and meme coins are still carving out their place in the ecosystem. The optimism around these innovations is tempered by questions about long-term utility, scalability and the sustainability of market momentum.

Beyond the crypto-specific challenges, the broader global economy casts a long shadow. Persistent inflation, rising interest rates and geopolitical tensions threaten to shake investor confidence across all asset classes, cryptocurrencies included. In 2024, these economic headwinds created ripple effects in the crypto space, as tighter monetary policies reduced the speculative capital that has historically fueled the market. If these trends continue, cryptocurrencies may struggle to replicate the explosive growth seen in their earlier years.

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Additionally, regulatory scrutiny remains a looming concern, with governments worldwide grappling to establish clearer frameworks—or harsher crackdowns—for digital assets. High-profile bankruptcies, network outages, and concerns over security and decentralization have raised valid skepticism about whether the market can deliver on its lofty promises.

While the projects highlighted in this article showcase some of the most compelling opportunities in the crypto space, they are not without risks. Investors should approach 2025 with cautious optimism, staying informed and critically evaluating the market. Cryptocurrencies may still hold the potential to redefine finance and technology, but their trajectory will depend as much on the resilience of the global economy as on their ability to address internal challenges. The year ahead promises both excitement and volatility, a hallmark of the crypto ecosystem.

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$TRUMP coin: Is Donald Trump’s meme coin a crypto gimmick or a hidden gem? | Stock Market News

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$TRUMP coin: Is Donald Trump’s meme coin a crypto gimmick or a hidden gem? | Stock Market News

US President-elect Donald Trump announced his cryptocurrency “$TRUMP” on Saturday, January 18, ahead of his appointment as the 47th President of the United States of America on Monday, January 20. 

“My NEW Official Trump Meme is HERE! It’s time to celebrate everything we stand for: WINNING! Join my very special Trump Community. GET YOUR $TRUMP NOW. Go to http://gettrumpmemes.com — Have Fun!” said Donald Trump in his social media post on platform X.

This meme coin is a Solana-based cryptocurrency that made a stellar debut on the crypto market and skyrocketed over 300 per cent on the first day, crossing the market capitalisation of $6 billion, according to Mint’s earlier reports. 

$TRUMP coin’s track record

The Trump meme coin has gained more than 230 per cent in the last 24 hours, as the market capitalisation of the cryptocurrency crossed the $14.3 billion mark on Sunday, January 19, according to data collected from CoinMarketCap.

The trading volumes of the $TRUMP coin has gained over 330 per cent, currently at a little over $18 billion, as of 5:02 p.m. (IST). According to the official website, there are 200 million $TRUMP coins in circulation which is expected to grow to a total of 1 billion $TRUMP over the next three years.

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The $TRUMP coin hit its record high again on January 19, at $72.70. The coin is currently trading at $72.71 as of 5:04 p.m. (IST). 

$TRUMP’s launch motive?

According to the official website, the $TRUMP meme coin marks the celebrations of Trump’s White House comeback as the leader eyes the inauguration ceremony on January 20.

The website also mentioned that the Trump meme coins aimed to symbolise as an expression of support for the upcoming Trump administration. People have raised their doubts about the legitimacy of the crypto coin, but the official website and Trump himself have backed the coin as the “Official Trump Meme, by President Donald J. Trump.”

“Trump Memes are intended to function as an expression of support for, and engagement with, the ideals and beliefs embodied by the symbol ‘$TRUMP’ and the associated artwork, and are not intended to be, or to be the subject of, an investment opportunity, investment contract, or security of any type. GetTrumpMemes.com is not political and has nothing to do with any political campaign or any political office or governmental agency,” according to the website data. 

These coins are tracked on the Solana blockchain, and the website officially claims that this cryptocurrency is not associated with any political campaign, office or government agency.

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In the crypt market investors have always raised a primary concern of legitimacy and the authenticity of a digital asset or an NFT. This move from Trump comes as one of the first moves for an upcoming President to back a meme coin.

So far, the meme coin has given investors staggering returns, but given the general volatility of the crypto market, investments should be made after careful consideration, exercising caution, and sound financial advice.

Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before taking any investment decisions.

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