Today’s (July 18) cryptocurrency price: FLOKI becomes the top gainer as Bitcoin briefly surpasses $120,000
Due to the US House adopting important crypto laws, Bitcoin (BTC), the oldest and most valuable cryptocurrency in the world, was able to break through the $120,000 barrier early Friday. According to CoinMarketCap statistics, the overall Market Fear & Greed Index was 71 (Greed) out of 100, which put other well-known altcoins, including Ethereum (ETH), Solana (SOL), Ripple (XRP), and Litecoin (LTC), in the green overall. With a 24-hour increase of about 24 percent, Lido DAO (LDO) emerged as the lot’s largest gainer. In contrast, memecoin BONK experienced a 6 percent 24-hour decline, making it the largest loser.
At the time of writing, the total value of the global cryptocurrency market was $3.95 trillion, representing a 4.22 percent 24-hour increase.
Bitcoin (BTC) Price Today
According to CoinMarketCap, the price of bitcoin was $120,468.54, representing a 1.61 percent 24-hour increase. The price of Bitcoin was Rs 1.04 crore, according to Indian markets.
Ethereum (ETH) Price Today
At the time of writing, the price of ETH was $3,343.21, representing a 7.27 percent 24-hour gain. In India, the price of Ethereum was Rs 2.61 lakh.
Dogecoin (DOGE) Price Today
DOGE registered a 24-hour jump of 6.40 percent, as per CoinMarketCap data, and is currently priced at $0.2094. The Dogecoin price in India stood at Rs 17.56.
Litecoin (LTC) Price Today
Litecoin saw a 24-hour gain of 0.89 percent. At the time of writing, it was trading at $96.57. The LTC price in India stood at Rs 8,347.30.
Ripple (XRP) Price Today
The price of XRP was $3.05, up 4.98 percent in a day. In India, the price of Ripple was Rs 252.45.
Solana (SOL) Price Today
At $170.74, the price of Solana had increased 4.94 percent in a day. The price of SOL in India was Rs 14,416.72.
Top Crypto Gainers Today (July 18)
As per CoinMarketCap data, here are the top five crypto gainers over the past 24 hours:
Lido DAO (LDO)
Price: $1.13
24-hour loss: 23.83 percent
Cronos (CRO)
Price: $0.1278
24-hour gain: 20.26 percent
Hedera (HBAR)
Price: $0.2851
24-hour gain: 18.79 percent
Flare (FLR)
Price: $0.0212
24-hour gain: 17.17 percent
Ethereum Classic (ETC)
Price: $22.76
24-hour gain: 16.56 percent
Top Crypto Losers Today (July 18)
As per CoinMarketCap data, here are the top five crypto losers over the past 24 hours:
Bonk (BONK)
Price: $0.0000367
24-hour loss: 5.39 percent
Pump.fun (PUMP)
Price: $0.00516
24-hour loss: 1.81 percent
PAX Gold (PAXG)
Price: $3,338.58
24-hour loss: 0.27 percent
Tether Gold (XAUt)
Price: $3,336.35
24-hour loss: 0.06 percent
Uniswap (UNI)
Price: $8.72
24-hour loss: 4.74 percent
Crypto Exchanges’ Reactions to the Present Market Situation
The U.S. House passed important crypto laws, increasing investor confidence and regulatory clarity, according to Edul Patel, CEO and co-founder of Mudrex, who spoke to ABP Live. Alongside Bitcoin, altcoins have also joined the surge, bringing the entire market capitalization to a new all-time high of $3.91 trillion.
While Bitcoin is currently trading around the $120,000 range, Ethereum and XRP have performed better, rising 22% and 38% over the past week, respectively. The $5.2 billion in ETF inflows since July have helped ETH’s climb, which is currently trading at $3,600. The cryptocurrency is aiming for the $4,000 mark and has strong support at $3,300.
The CoinSwitch Markets Desk reported, “Nearly 38% of the top 50 tokens have outperformed BTC in the 90-day window, signaling an emerging altseason.” Bitcoin is holding steady at $120,000, while BTC dominance has dropped to 61.6% from roughly 64% just weeks ago. Due to Layer 1 gains (SUI +36%, SEI +41%) and memecoin momentum, the total altcoin market valuation has risen to almost $1.3 trillion. At the same time, a risk-on mentality is spreading, with trad-fi investors taking on risk at a 25-year high.
“Crypto markets are displaying renewed strength following a wave of regulatory and market catalysts,” stated Avinash Shekhar, co-founder and CEO of Pi42. The historic Stablecoin Bill, which was approved by the US House, increased trust and indicated that regulations were becoming more clear. Following rumors that the Trump campaign would permit cryptocurrency in retirement funds, which could draw in new institutional funding, Bitcoin momentarily exceeded $120,000. A recent surge in open interest caused XRP to reach a new all-time high of $3.62 after a seven-year wait, while Ethereum ETFs saw a record $726 million in daily inflows, pushing ETH beyond $3,594.
“Bitcoin is currently trading around $120,091, consolidating just below its all-time high near $123,000,” stated Sathvik Vishwanath, CEO and co-founder of Unocoin. Today, the price ranges from $117,715 to $120,691. Bulls are defending the $118K–$120K support zone, which indicates strength during this consolidation phase. A rally toward $130K can be triggered by a breakout above $123,000. Long-term investor confidence is being bolstered by recent U.S. regulatory assistance, such as the GENIUS and CLARITY Acts, and institutional inflows through ETFs.
The overall trend is still optimistic, notwithstanding the possibility of short-term corrections. For entry, traders should keep an eye out for volume falls close to support or spikes close to important resistance. In general, Bitcoin exhibits signals of strength against a macroenvironment that is supportive.
“At 9Point Capital, our stance is unwavering: buy the dip and stay invested, even in the face of short-term volatility,” stated Srinivas L., CEO. Patience is frequently rewarded by markets, and present pullbacks offer excellent opportunities for accumulation. Because of strong fundamentals, institutional flows, and economic stability, we think the long-term structural trend is still optimistic. Investors should keep accumulating holdings in high-quality assets and refrain from panicking.
Disclaimer and Risk Warning
CoinWack does not endorse or is responsible for any content, accuracy, quality, advertising, products, or other materials on this page. The image used in this article is for informational purposes only and is provided to us by a third party. CoinWack should not be held responsible for image copyright issues. Contact us if you have any issues or concerns. Readers should do their research before taking any actions related to the company.