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Crypto Price Today (June 23): Bitcoin Retests $98K, SOL, XRP Bounceback

Crypto Price Today (June 23): Bitcoin Retests $98K, SOL, XRP Bounceback

CryptotimesCryptotimes2025/06/24 06:48
By:Shubh Vijay Ruia

The cryptocurrency market has displayed a strong bullish comeback as the total valuation sees a jump of over 6% today. As the United States of America (USA) enters the Israel and Iran war, resulting in accelerating geopolitical tensions, Bitcoin and crypto market suffered huge losses.

Bitcoin Price Crashed to $98,000 Today

The BTC price has displayed significant price volatility over the past 24 hours. The largest crypto token experienced a crash to $98,286.21 during the late Asian trading hours. However, it witnessed a bounceback after this resulting in it reclaiming the $103,000 mark, making it a jump of over 5%.

With a listing value of $103,259.43, it has recorded a trading volume of $59.58 billion, a change of -8.87%. Moreover, with a market capitalization of $2.05 trillion, it has dominance of 64.7546%.

Crypto Price Today (June 23): Bitcoin Retests $98K, SOL, XRP Bounceback image 0 Bitcoin Price Chart, Source: CoinMarketCap

On the other hand, the Ethereum price has made an impressive run today with a jump of approximately 11% despite recording a drop of 22.38% in its trading volume to $23.23 billion. This brings the market valuation of the largest altcoin to $285.37 billion.

Following in the footsteps, the XRP and Solana tokens have recorded a similar price action by adding 9% and 11.5% respectively. This has resulted in both the tokens breaking out of their important resistance levels in the daily time frames.

Trending Cryptos Today

  • FUNToken (FUN)
  • Movement (MOVE)
  • Bulla (BULLA)
  • Spark (SPK)
  • Mog Coin (MOG)

Top Gainers & Losers Today

Gainers Losers
Sonic (S): +17.86% PAX Gold (PAXG): -1.57%
Fartcoin (FARTCOIN): +16.82% Tether Gold (XAUt): -1.26%
SPX6900 (SPX): +16.20%

Crypto Market Cap Overview

As per latest readings of CoinMarketCap data , the valuation of the global cryptocurrency market has dropped to $3.16 trillion with an intraday trading volume of $134.76 billion, a change of -8.19%. With this, the Fear & Greed index is valued at 37, highlighting Fear-like situations in the market. Additionally, the altcoin season index is at 16, suggesting a strong Bitcoin season.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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