Bitcoin (BTC), the world’s oldest and most valued crypto, dipped below the $108,000 mark early Thursday. Other popular altcoins — including the likes of Ethereum (ETH), Solana (SOL), Ripple (XRP), and Litecoin (LTC) — saw a mix of minor gains and dips across the board as the overall Market Fear & Greed Index stood at 61 (Greed) out of 100, as per CoinMarketCap data. SPX6900 (SPX) turned out to be the biggest gainer today, with a 24-hour jump of nearly 8 percent. Vaulta (A) turned out to be the biggest loser today, with a 24-hour dip of nearly 10 percent.
The global crypto market cap stood at $3.39 trillion at the time of writing, registering a 24-hour dip of 1.71 percent.
Bitcoin (BTC) Price Today
Bitcoin price stood at $107,777.47, registering a 24-hour loss of 1.62 percent, as per CoinMarketCap. According to Indian exchanges, BTC price stood at Rs 90.39 lakh.
Ethereum (ETH) Price Today
ETH price stood at $2,761.98, marking a 24-hour dip of 1.01 percent at the time of writing. Ethereum price in India stood at Rs 2.13 lakh.
Dogecoin (DOGE) Price Today
DOGE registered a 24-hour loss of 4.07 percent, as per CoinMarketCap data, currently priced at $0.1901. Dogecoin price in India stood at Rs 15.52.
Litecoin (LTC) Price Today
Litecoin saw a 24-hour dip of 2.43 percent. At the time of writing, it was trading at $89.70. LTC price in India stood at Rs 7,484.89.
Ripple (XRP) Price Today
XRP price stood at $2.25, seeing a 24-hour loss of 1.93 percent. Ripple price in India stood at Rs 190.90.
Solana (SOL) Price Today
Solana price stood at $159.14, marking a 24-hour dip of 4.33 percent. SOL price in India stood at Rs 12,983.03
Top Crypto Gainers Today (June 12)
As per CoinMarketCap data, here are the top five crypto gainers over the past 24 hours:
SPX6900 (SPX)
Price: $1.69
24-hour gain: 7.48 percent
Kaia (KAIA)
Price: $0.1713
24-hour gain: 5.13 percent
AB (AB)
Price: $0.01171
24-hour gain: 3.47 percent
Flare (FLR)
Price: $0.01885
24-hour gain: 2.04 percent
Fartcoin (FARTCOIN)
Price: $1.35
24-hour gain: 1.32 percent
Top Crypto Losers Today (June 12)
As per CoinMarketCap data, here are the top five crypto losers over the past 24 hours:
Vaulta (A)
Price: $0.6118
24-hour loss: 9.85 percent
Curve DAO Token (CRV)
Price: $0.6445
24-hour loss: 9.39 percent
Raydium (RAY)
Price: $2.27
24-hour loss: 8.29 percent
Jupiter (JUP)
Price: $0.4567
24-hour loss: 8.20 percent
Ethereum Name Service (ENS)
Price: $22.32
24-hour loss: 7.91 percent
What Crypto Exchanges Are Saying About Current Market Scenario
Edul Patel, CEO and co-founder, Mudrex, told ABP Live, “Bitcoin briefly touched a high of $110,300 as easing U.S.-China trade tensions and softer CPI data lifted investor risk appetite. While profit-taking followed at the higher levels, BTC’s bullish sentiment remains at a seven-month high, reflected in rising social media optimism. Additionally, the weakening US Dollar Index shows that investors are retreating from the dollar, bringing in fresh liquidity into assets like Bitcoin. Currently trading at $108,600, BTC faces major resistance at the $110,900 mark with strong support at $107,400.”
CoinSwitch Markets Desk noted, “Crypto markets rallied on upbeat macroeconomic and regulatory developments, with Bitcoin edging up ~1% to $108K, drawing strength from cooler-than-expected U.S. May CPI data (2.4%) and speculation about a Fed pivot. Ethereum notably outperformed, surging ~5.5% to ~$2,800, fueled by both the CPI surprise and optimism over a tentative U.S.–China trade framework—further bolstered by ~$800 million in recent ETF inflows and record staking levels at 34.7 million ETH. XRP held steady near $2.28, supported by Ripple’s wins in Dubai and the launch of new institutional on‑chain Treasury products.”
Avinash Shekhar, Co-founder & CEO, Pi42, said, “Bitcoin isn’t backing down, it’s pacing itself for the next breakout. After touching $110,000, Bitcoin has eased slightly to around $108,000, but the mood remains optimistic. Market sentiment is at a seven-month high, and cooling U.S. inflation is offering a supportive macro backdrop. With positive signals aligning, a move toward $115,000 remains within reach. Ethereum is showing solid momentum, as futures open interest hits record levels and $2,850 resistance comes into focus.”
Sathvik Vishwanath, CEO and co-founder of Unocoin, said, “Bitcoin dipped slightly to around $108,700 following the release of softer-than-expected U.S. CPI data, which came in at 2.4% YoY. This cooled inflation reading strengthened market hopes for Fed rate cuts, supporting risk assets like BTC. Despite intraday volatility, Bitcoin remains in a bullish structure, holding above the key $108K–$110K range. Analysts watch for momentum toward $112K–$115K, while cautioning that upcoming PPI and Fed commentary could shift sentiment. Technical indicators show consolidation with upward bias, though macro data will be crucial. If support holds, a breakout is likely. A breakdown below $105K would invalidate short-term bullish scenarios.”
Shivam Thakral, CEO of BuyUcoin, said, “The crypto market is poised for a significant upward movement due to lower inflation numbers and US-China positive trade talks. Inflation data directly impacts expectations about Federal Reserve interest rate decisions. Lower inflation can lead to anticipations of rate cuts, making digital assets like cryptocurrencies more attractive. Bitcoin is currently trading around $107,000 level but we can expect a strong momentum depending on macroeconomic factors.”
CoinDCX Research Team noted, “Bears have been working hard to reclaim dominance over the market as Bitcoin plunges below $108,000. On the other hand, Ethereum displays immense strength as it holds above $2,700, while XRP hovers around $2.24, Solana around $160, and Dogecoin around $0.19. Cardano slips below $0.7, while Raydium drops by more than 10%, followed by Jupiter & Curve DAO, plunging by more than 8% each. Meanwhile, SPX6900 rose by 7.5%, followed by Kaia at 6.4% and AB at 3.82%.”
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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.
