Cryptocurrency Price Today (June 5): Bitcoin Dips Below $105,000, CAKE Becomes Top Gainer
Bitcoin (BTC), the world’s oldest and most valued crypto, remained stable around the $105,000 mark on Thursday. Other popular altcoins — including the likes of Ethereum (ETH), Solana (SOL), Ripple (XRP), and Litecoin (LTC) — saw minor losses across the board as the overall Market Fear & Greed Index stood at 57 (Greed) out of 100, as per CoinMarketCap data. PancakeSwap (CAKE) turned out to be the biggest gainer today, with a 24-hour jump of nearly 1 percent. Fartcoin (FART) turned out to be the biggest loser today, with a 24-hour dip of nearly 13 percent.
The global crypto market cap stood at $3.30 trillion at the time of writing, registering a 24-hour loss of 0.68 percent.
Bitcoin (BTC) Price Today
Bitcoin price stood at $105,041.76, registering a 24-hour dip of 0.45 percent, as per CoinMarketCap. According to Indian exchanges, BTC price stood at Rs 92.98 lakh.
Ethereum (ETH) Price Today
ETH price stood at $2,491.51, marking a 24-hour loss of 1.01 percent at the time of writing. Ethereum price in India stood at Rs 2.18 lakh.
Dogecoin (DOGE) Price Today
DOGE registered a 24-hour jump of 0.28 percent, as per CoinMarketCap data, currently priced at $0.1905. Dogecoin price in India stood at Rs 19.37.
Litecoin (LTC) Price Today
Litecoin saw a 24-hour gain of 1.14 percent. At the time of writing, it was trading at $87.97. LTC price in India stood at Rs 8,189.32.
Ripple (XRP) Price Today
XRP price stood at $2.16, seeing a 24-hour dip of 0.15 percent. Ripple price in India stood at Rs 199.17.
Solana (SOL) Price Today
Solana price stood at $155.52, marking a 24-hour jump of 0.10 percent. SOL price in India stood at Rs 14,097.14.
Top Crypto Gainers Today (June 5)
As per CoinMarketCap data, here are the top five crypto gainers over the past 24 hours:
PancakeSwap (CAKE)
Price: $2.50
24-hour gain: 3.30 percent
DeXe (DEXE)
Price: $9.66
24-hour gain: 2.34 percent
Tron (TRX)
Price: $0.2736
24-hour gain: 1.81 percent
Lido DAO (LDO)
Price: $0.8811
24-hour gain: 1.75 percent
Quant (QNT)
Price: $117.12
24-hour gain: 1.62 percent
Top Crypto Losers Today (June 5)
As per CoinMarketCap data, here are the top five crypto losers over the past 24 hours:
Fartcoin (FARTCOIN)
Price: $0.9327
24-hour loss: 12.56 percent
dogwifhat (WIF)
Price: $0.8864
24-hour loss: 9.37 percent
Ethena (ENA)
Price: $0.3174
24-hour loss: 8.14 percent
Curve DAO Token (CRV)
Price: $0.6421
24-hour loss: 7.73 percent
Monero (XMR)
Price: $317.62
24-hour loss: 7.59 percent
What Crypto Exchanges Are Saying About Current Market Scenario
Edul Patel, CEO and co-founder, Mudrex, told ABP Live, “Bitcoin is consolidating near the $105,000 mark as markets await a clear catalyst for the next move. While an uptick in US Job Openings had lifted investors’ risk appetite, traders remain on the sidelines. Meanwhile, Bitcoin whales have moved over 20,000 BTC to private wallets, indicating long-term conviction in the asset. Institutions also resumed buying with over $375 million inflows into Bitcoin ETFs, showing renewed interest. To maintain bullish momentum, BTC must hold above $106,800. If this level doesn’t hold, a short-term pullback toward $103,200 remains a possibility before buyers step in again.”
CoinSwitch Markets Desk noted, “BTC saw a modest pullback of 0.6% over the past 24 hours, currently trading near $105,050. Despite the minor dip, BTC continues to hold strong above the $100,000 mark for the 25th consecutive day. ETH remained flat, hovering at $2,622 with no significant movement. On the institutional front, Tether announced a strategic investment in Orionx, a Chile-based digital asset exchange and financial infrastructure firm focused on cross-border payments, marking Tether’s expanding interest in Latin America.”
Avinash Shekhar, Co-founder & CEO, Pi42, said, “Bitcoin is trading near key support levels and showing signs of stability despite recent selling pressure. Its realised cap remains steady, reflecting long-term holder confidence. The market is at a crucial point Bitcoin could climb above $120,000 if institutional inflows strengthen and sentiment improves, but it may also slip below $100,000 if macrouncertainty and weak on-chain activity continue. Ethereum remains strong in inflows, supported by renewed interest in staking and regulatory clarity, but price momentum is subdued due to record-low exchange reserves and reduced on-chain engagement.”
Sathvik Vishwanath, CEO and co-founder of Unocoin, said, “Bitcoin is currently consolidating near $105,000 after reaching a record high of $111,970 in May 2025. This healthy pause reflects strong market confidence amid rising institutional inflows and reduced exchange supply. With regulatory clarity improving and the U.S. government backing Bitcoin reserves, the long-term sentiment remains bullish. Short-term volatility is expected as markets digest recent gains, but support near $103,000 continues to hold firm. Investors are advised to stay focused on macro trends rather than daily swings. This phase may be the calm before Bitcoin’s next major leg up—especially with forecasts eyeing $180K–$250K peaks by year-end.”
Shivam Thakral, CEO of BuyUcoin, said, “Bitcoin’s price has recently dipped below the $105,000-mark, trading at approximately $104,910. This decline is attributed to profit-taking by market whales. Despite this, we can anticipate a potential rebound, with forecasts suggesting a rise to $115,000 by July 2025, fuelled by weak U.S. employment data and expectations of Federal Reserve rate cuts.”
CoinDCX Research Team noted, “The top tokens continue to face upward pressure as Bitcoin juggles in and out of $105,000, while the other tokens within the top 10 remain consolidated above their gained levels. However, the Solana price seems to be stuck in a steep descending trend, while Litecoin is about to trigger a strong upswing. Livepeer continues to rise with over 11.14%, followed by DeXe with over 5.29%. Fartcoin plunges heavily over 13.5%, followed by dogfithat, and Monero, with over an 8% to 9% drop.”
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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.