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Crypto Price Today: Bitcoin above 30k, Ethereum, other tokens extend gains

SUMMARY

Bitcoin, Ethereum and other cryptocurrencies traded mixed in the trade on Wednesday. Bitcoin remained above the 30k mark. The global crypto market cap stood at $1.18 trillion, with a volume of nearly $36.4 billion in the past 24 hours. According to WazirX's Rajagopal Menon, in the past 24 hours, Orchid (OXT) and Ontology (ONT) have been the top gainers.

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By Asmita Pant  Jun 28, 2023 10:25:34 AM IST (Updated)

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Bitcoin, crypto today, crypto, cryptocurrencies, cryptocurrency
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Bitcoin | The world's largest and most popular virtual currency, Bitcoin, rose half a percent to $30,527.7. Its market value stood at $592.2 billion. The trade volume was at $16.8 billion.

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"A break on the upside to test the $31.5k - $33.5k range becomes more likely as long as BTC continues to maintain its position above $30k. Most altcoins except notably Bitcoin Cash, BCH (+5.44%), continued to trade lower as Bitcoin dominance, currently at 51.8 percent, continues to rise. Furthermore, the most traded crypto pair ETH/BTC saw a drop to its 11-month low," said Shubham Hudda, Senior Manager, CoinSwitch.

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"This stability is attributed to the positive sentiment surrounding the potential introduction of a Bitcoin ETF and encouraging economic indicators from the U.S. However, there has been observable bearish activity near the $31,000 zone," said Edul Patel of Mudrex.

Ethereum, crypto today, crypto, cryptocurrencies, cryptocurrency
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Ethereum | The second largest virtual currency, Ethererum or Ether, rose 0.4 percent to $1,869.6 with a market capitalisation of $224.8 billion. The trade volume of Ethereum was $8 billion in the last 24 hours.

Dogecoin, crypto today, crypto, cryptocurrencies, cryptocurrency
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Dogecoin | Meme-based virtual currency, Dogecoin, rose marginally on Wednesday. Its market value stood at nearly $9.1 billion. The trade volume was at $211.1 million.

Shiba Inu, crypto today, crypto, cryptocurrencies, cryptocurrency
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Shiba Inu | Unlike its peers, Shiba Inu fell 0.7 percent with a market capitalisation of $4.4 billion. The trade volume was $88.5 million in the last 24 hours.

Solana, crypto today, crypto, cryptocurrencies, cryptocurrency
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Solana | Solana fell half a percent to $16.3 with a market capitalisation of $6.5 billion. The trade volume of Solana was $290.7 million in the last 24 hours.

Polygon, crypto today, crypto, cryptocurrencies, cryptocurrency
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Polygon | Polygon fell 0.8 percent with a market capitalisation of $6 billion. The trade volume was $278.1 million in the last 24 hours.

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