Cryptocurrency Price Today (July 8): Bitcoin Remains Below $109,000, PENGU Becomes Top Gainer
Bitcoin (BTC), the world’s oldest and most valued crypto, remained below the $109,000 mark early Tuesday. 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 50 (Neutral) out of 100, as per CoinMarketCap data. Memecoin BONK turned out to be the biggest gainer today, with a 24-hour jump of nearly 8 percent. FARTCOIN became the biggest loser, with a 24-hour dip of nearly 9 percent.
The global crypto market cap stood at $3.34 trillion at the time of writing, registering a 24-hour loss of 0.92 percent.
Bitcoin (BTC) Price Today
Bitcoin price stood at $108,216.60, registering a 24-hour dip of 0.64 percent, as per CoinMarketCap. According to Indian exchanges, BTC price stood at Rs 91.73 lakh.
Ethereum (ETH) Price Today
ETH price stood at $2,567, marking a 24-hour gain of 1.78 percent at the time of writing. Ethereum price in India stood at Rs 2.26 lakh.
Dogecoin (DOGE) Price Today
DOGE registered a 24-hour jump of 5.42 percent, as per CoinMarketCap data, currently priced at $0.1739. Dogecoin price in India stood at Rs 15.26.
Litecoin (LTC) Price Today
Litecoin saw a 24-hour gain of 0.50 percent. At the time of writing, it was trading at $87.57. LTC price in India stood at Rs 7,525.59.
Ripple (XRP) Price Today
XRP price stood at $2.26, seeing a 24-hour jump of 1.36 percent. Ripple price in India stood at Rs 188.
Solana (SOL) Price Today
Solana price stood at $151.22, marking a 24-hour gain of 2.03 percent. SOL price in India stood at Rs 13,480.37.
Top Crypto Gainers Today (July 8)
As per CoinMarketCap data, here are the top five crypto gainers over the past 24 hours:
Bonk (BONK)
Price: $0.00002335
24-hour gain: 7.16 percent
AB (AB)
Price: $0.008385
24-hour gain: 3.20 percent
Vaulta (A)
Price: $0.4904
24-hour gain: 2.14 percent
DeXe (DEXE)
Price: $7.76
24-hour gain: 1.38 percent
POL (POL)
Price: $0.1863
24-hour gain: 1.25 percent
Top Crypto Losers Today (July 8)
As per CoinMarketCap data, here are the top five crypto losers over the past 24 hours:
Fartcoin (FARTCOIN)
Price: $1.08
24-hour loss: 8.29 percent
SPX6900 (SPX)
Price: $1.23
24-hour loss: 7.95 percent
Celestia (TIA)
Price: $1.55
24-hour loss: 7.45 percent
Maple Finance (SYRUP)
Price: $0.5176
24-hour loss: 6.76 percent
Hyperliquid (HYPE)
Price: $37.43
24-hour loss: 6.24 percent
What Crypto Exchanges Are Saying About Current Market Scenario
Edul Patel, CEO and co-founder, Mudrex, told ABP Live, “Bitcoin is holding firm near $108,000 as global sentiment improves following Trump’s decision to delay the tariff deadline to August 1st. Notably, Bitcoin futures have regained strength, with aggregated open interest rising by 7% over the past 30 days. This marks the first sustained uptick since May, reflecting growing trader confidence and increased appetite for volume and leverage. With bullish sentiment intact, a move past $110,500 could trigger a breakout, while the support has moved up to $107,100.”
CoinSwitch Markets Desk noted, “Bitcoin pulled back roughly 1.5% to around $107,886, retreating from intraday highs near $109,572 as markets absorbed fresh geopolitical and macro headlines after President Trump announced tariffs on Japan and South Korea and delayed trade deadline from July 9th to August 1st. Ethereum also softened, trading around $2,535.72, down nearly 2% from its peak of $2,585.02, though institutional interest remains solid amid steady ETH staking narratives and optimism around extended ETF activity. Looking ahead, the market’s eyes are on major U.S. macro events this week—specifically, the 10- and 30-year Treasury auctions, Fed’s June meeting minutes, and Initial Jobless Claims—all of which could steer bond yields and shift capital flows between crypto and traditional assets.”
Avinash Shekhar, Co-founder & CEO, Pi42, said, “Bitcoin is proving its resilience, holding firm above $107,000 even as markets respond to renewed geopolitical uncertainty. After retreating from $109,000, BTC has found strong support, bouncing back despite a 4.2% dip in total crypto market cap triggered by U.S. – Iran tensions. Institutional interest remains intact, with continued exchange outflows indicating ongoing accumulation. Futures data points to a bullish bias, and long-term holders are steadily increasing positions, reinforcing confidence in the broader uptrend. Ethereum is trading above $2,500 with growing support, while XRP and Solana are gaining momentum on improved sentiment.”
Sathvik Vishwanath, CEO and co-founder of Unocoin, said, “Bitcoin trades around $108,000, slightly down from recent highs near $109,000. The market shows bullish structure supported by ETF inflows, institutional demand, and favorable U.S. policy. Technical indicators remain positive with RSI near 55 and BTC holding above key moving averages. Resistance sits at $109k–$110k, with breakout potential toward $112k–$115k. A drop below $107k could trigger a short-term correction to $105k. July historically favors upward movement, and sentiment remains optimistic. Bitcoin’s resilience, macro tailwinds, and strategic accumulation by major players suggest further upside, though volatility persists. Traders should monitor volume and key levels closely for confirmation of direction.”
Shivam Thakral, CEO of BuyUcoin, said, “The crypto market is under pressure today, with the total market cap dropping 1.6% and major coins like Bitcoin (BTC) and Ethereum (ETH) both in the red. BTC is trading just above $107,800 (down 1.05% in the last 24 hours), while ETH sits near $2,500 (down 1.22%). The overall sentiment is cautious, with prices consolidating after a recent rebound—Bitcoin, for instance, is compressing within a symmetrical triangle pattern, signalling indecision among traders as it hovers below the $110,000 resistance.”
CoinDCX Research Team noted, “The possibility of a new ATH remains aloof as Bitcoin bulls remain passive without displaying strength. The BTC price marked the lows below $107,500 but is still trying to defend the local support slightly below the range. On the other hand, Ethereum is displaying immense strength as it sustains above the psychological barrier at $2,500, hinting towards the preparation of a massive rally. The top 10 tokens are trembling down as they face marginal loss, while the top gainers include XDC Network with a surge of 4.38%, followed by AB & DeXe with small gains. Besides, Fartcoin leads the losers with over an 8% drop, followed by MapleFinance & SPX6900 with over 8.07% and 7.34% drops, respectively.”
Srinivas L, CEO, 9Point Capital, said, “Bitcoin continues to show strength above key support levels, signaling bullish momentum. With improving ETF flows and a resilient macro backdrop, BTC is poised for further upside this week.”
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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.