Cryptocurrency

Bitcoin Dips to USD 1,07,000 After CPI Report, Crypto Market Cap Declines

Bitcoin prices were down by 1.55 per cent and Ethereum prices were down by 1.14 per cent. Joe Coin JOE was the most trending cryptocurrency, while SPX6900 SPX was the top gainer, and Vaulta A was the top loser

Bitcoin Holds Above USD 107,000
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Bitcoin Prices slip to $107,816.79 on Thursday after touching $110,000 in the last 24 hours, as the broader crypto market witnessed a slighty declined in market capitalisation. At the time of writing, the total market capitalization declined by 1.79 to $3.39 trillion, while the 24-hour trading volume decreased by 5.12 per cent to 141.1 billion.

Joe Coin JOE was the most trending cryptocurrency. Its price was up by 0.41 per cent to $0.03209. Its 24-hour trading volume was $1.33 million. SPX6900 SPX was the top gainer, up by 6.53 per cent, with a 24-hour trading volume of $99.58 million, while Vaulta A was the top loser. It was down by 10.63 per cent, and its 24-hour trading volume was $147.02 million.

The DeFi market cap was at $38.35 billion, Coinmarketcap.com reported.

Sathvik Vishwanath, Co-Founder & CEO, Unocoin said that Bitcoin dipped slightly to around $107,800 following the release of softer-than-expected U.S. CPI data, which came in at 2.4 per cent YoY. This cooled inflation reading strengthened market hopes for Fed rate cuts, supporting risk assets like BTC.

Despite intraday volatility, Bitcoin remains in a bullish structure, holding above the key $108K–$110K range. Analysts watch for momentum toward $112K–$115K, while cautioning that upcoming PPI and Fed commentary could shift sentiment. If support holds, a breakout is likely. A breakdown below $105K would invalidate short-term bullish scenarios,” he added.

Cryptocurrency Prices

Bitcoin (BTC): Bitcoin prices were down by 1.55 per cent to $107,816.79. Its 24-hour trading volume was $53.77 billion. It is currently ranked number 1 on Coinmarketcap, based on market cap. Bitcoin’s market dominance was 62.60 per cent.

Ethereum (ETH): Ethereum prices were down by 1.14 per cent to $2,760.82. Its 24-hour trading volume was $30.17 billion, and its market dominance was 9.30 per cent.

Tether (USDT): Tether was trading at $0.9999. It was down by 0.03 per cent. Its 24-hour trading volume was $88.81 billion. It is currently ranked third on Coinmarketcap.

Other Altcoins

Solana prices were down by 3.39 per cent to $164.87. Its 24-hour trading volume was $4.79 billion.

Avalanche AVAX was trading at $21.10, down by 4.86 per cent. Its 24-hour trading volume was $466.93 million.

Cardano ADA was trading at $0.6888, down by 4.15 per cent. Its 24-hour trading volume was $723.22 million.

Meme Coins

Dogecoin was down by 4.01 per cent, with a 24-hour price of $0.1895.

Shiba Inu was down by 3.57 per cent to $0.00001275.

Decentralised Finance

DeFi Coin was up by 1.22 per cent, and it was trading at $0.002810.

Yearn Finance was down by 7.07 per cent to $5,460.74, with a 24-hour trading volume of $23.35 million.

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