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  • Shrishesh Tanksalkar
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    Shrishesh is a versatile writer with 2+ years of experience in cryptocurrencies. An engineer turned storyteller, this selective introvert is a wannabe biker on weekends.

    • 3 minutes read

    Crypto Price Today: BTC, ETH, XRP, PI Price Fall Amid $202M Liquidation

    Story Highlights
    • Crypto market cap falls to $3.28T, with liquidations crossing $200M in the last 24 hours

    • Bitcoin hovers near $107k amid Fed rate uncertainty, Ethereum drops below $2,450

    • XRP plunges 4.7%, while Pi Coin, Solana, and Aptos draw attention as altcoin buys

    The crypto market today witnessed a pullback today, with the total market cap slipping 1.03% over the past 24 hours to $3.28 trillion. Trading volumes dropped sharply to $97.51 billion, down nearly 13%, indicating weaker momentum. Bitcoin continues to dominate the space with a 65% share, while Ethereum today trails behind at 9%. 

    Talking about sentiments, the Fear & Greed Index today stands neutral at 49, reflecting market indecision. A total of 89,122 traders were liquidated in the past 24 hours, with total liquidations amounting to $202.17 million. It is worth noting that the largest was of ETHUSDT at $2.82 million on Binance.

    Bitcoin Price Today: 

    Bitcoin Price today is trading at $106,981.09, down 0.97% in the past 24 hours, with its market cap sitting at $2.12 trillion. Daily volume plunged by 19.27% to $41.39 billion, as prices swung between a low of $106,519.66 and a high of $108,190.55. Successively, options data suggests the maximum pain price is at $102,000 with a put-to-call ratio of 0.75, indicating sustained bullish sentiment among traders.

    BTC saw minor losses as investors turned cautious ahead of upcoming U.S. inflation data and unclear Fed rate path. Despite the recent gains fueled by geopolitical easing, particularly as the U.S. influenced the Israel-Iran ceasefire, today’s mild correction reflects profit-taking.

    Also read our Bitcoin (BTC) Price Prediction 2025, 2026-2030!

    Ethereum Price Today: 

    Ethereum price has declined by 1.91% in 24 hours to trade at $2,444.10, pushing its market cap down to $295.03 billion. Its intraday trading volume stands at $16.85 billion, a 16.83% drop. ETH’s intraday range was between $2,386.32 and $2,500.11.

    Despite the dip, Ethereum’s options market reflects optimism, with a maximum pain price of $2,200 and a put-to-call ratio of 0.52. Traders are betting on a rebound, though near-term caution persists.

    Check out our Ethereum (ETH) Price Prediction 2025, 2026-2030!

    XRP Price Today:

    XRP was among the harder hit today, falling 4.73% to $2.08, dragging its market cap to $123.22 billion. However, trading volume surged 23.78% to $3.26 billion, indicating rising speculative interest. Prices fluctuated between $2.08 and $2.20.

    XRP futures recorded $542M in volume during their first month, with 45% of activity coming from outside North America. Open interest as of June 25 stands at $90M, underscoring growing global demand despite the ongoing legal uncertainty with the SEC.

    Potential Altcoin Buys: 

    • Pi Coin is gaining traction ahead of its much-anticipated Pi2Day event tomorrow, where major project announcements are expected.
    • Solana, a blue-chip favorite, remains on watchlists as it continues to show strong ecosystem growth.
    • Aptos posted a 5% intraday gain, fueled by news of a potential ETF listing, adding bullish momentum.

    Top Gainers & Losers:

    Top GainersTop Losers
    SEI: $0.2944 +7.4%AB: $0.008724 -13.71%
    FARTCOIN: $1.01 +5.51%Celestia: $1.43 -7.96%
    Aptos: $5.03 +4.50%SPX6900: $1.17 -7.25%

    Latest Crypto News:

    • Bitwise has filed amended S-1 forms for its DOGE and Aptos ETFs, signaling positive engagement with the SEC.
    • In a key development, Judge Torres denied Ripple and the SEC’s request for a private settlement, citing the importance of maintaining the public July 2023 ruling. Both parties must now submit a status update by August, likely deciding between an appeal or closure.
    • White House Crypto Czar announced that crypto market structure legislation is expected to be finalized by the end of September, potentially bringing much-needed clarity to the regulatory landscape.
    • The Pi2Day event tomorrow could usher in a new chapter for the Pi ecosystem, with community buzz hinting at a mainnet or listing announcement.

    FAQs

    Why is the crypto market down today?

    The dip is largely due to risk-off sentiment ahead of key U.S. inflation data and Fed rate uncertainty, alongside declining trading volumes and over $200M in liquidations.

    How are altcoins performing today?

    The majority of altcoins today are facing the heat of the broader market’s downturn. However, we do have exceptions like SEI, FARTCOIN, and APT. 

    Is it the right time to buy crypto?

    While the market is down, it is the right time to buy potential altcoins in a dip.

    When will the crypto market recover?

    The crypto market will recover, as the investor sentiment turns optimistic, which could happen as early as by the end of this week.

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