Cryptocurrency Price Today (June 16): Bitcoin Rises To $106,000, JITO Becomes Top Gainer
Bitcoin (BTC), the world’s oldest and most valued crypto, dipped below the $108,000 mark early Thursday. 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. JITO turned out to be the biggest gainer today, with a 24-hour jump of nearly 15 percent. PI turned out to be the biggest loser today, with a 24-hour dip of nearly 3 percent.
The global crypto market cap stood at $3.33 trillion at the time of writing, registering a 24-hour jump of 1.43 percent.
Bitcoin (BTC) Price Today
Bitcoin price stood at $106,666.32, registering a 24-hour jump of 1.15 percent, as per CoinMarketCap. According to Indian exchanges, BTC price stood at Rs 91.73 lakh.
Ethereum (ETH) Price Today
ETH price stood at $2,627.24, marking a 24-hour dip of 8.78 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 loss of 4.07 percent, as per CoinMarketCap data, currently priced at $0.1901. Dogecoin price in India stood at Rs 15.26.
Litecoin (LTC) Price Today
Litecoin saw a 24-hour dip of 2.43 percent. At the time of writing, it was trading at $89.70. LTC price in India stood at Rs 7,525.59.
Ripple (XRP) Price Today
XRP price stood at $2.25, seeing a 24-hour loss of 1.93 percent. Ripple price in India stood at Rs 188.
Solana (SOL) Price Today
Solana price stood at $159.14, marking a 24-hour dip of 4.33 percent. SOL price in India stood at Rs 13,480.37.
Top Crypto Gainers Today (June 16)
As per CoinMarketCap data, here are the top five crypto gainers over the past 24 hours:
Jito (JITO)
Price: $2.30
24-hour gain: 14.31 percent
SPX6900 (SPX)
Price: $1.64
24-hour gain: 11.87 percent
Hyperliquid (HYPE)
Price: $44.34
24-hour gain: 9.65 percent
Fartcoin (FARTCOIN)
Price: $1.29
24-hour gain: 8.24 percent
Sky (SKY)
Price: $0.09315
24-hour gain: 8.01 percent
Top Crypto Losers Today (June 16)
As per CoinMarketCap data, here are the top five crypto losers over the past 24 hours:
Pi (PI)
Price: $0.6046
24-hour loss: 2.03 percent
GateToken (GT)
Price: $16.56
24-hour loss: 1.72 percent
Mantle (MNT)
Price: $0.6246
24-hour loss: 1.70 percent
PAX Gold (PAXG)
Price: $3,340.25
24-hour loss: 1.13 percent
DeXe (DEXE)
Price: $8.86
24-hour loss: 1.11 percent
What Crypto Exchanges Are Saying About Current Market Scenario
Edul Patel, CEO and co-founder, Mudrex, told ABP Live, “Bitcoin is trading above $105,800, eyeing a breakout past the $106,000 resistance. Major altcoins like Ethereum, Solana and Hyperliquid have also recovered as much as 7% in a day. Investor confidence increased with strong institutional inflows through ETFs and Michael Saylor, hinting at another Bitcoin purchase despite the geopolitical concerns. Meanwhile, on-chain data shows stable exchange netflows, suggesting strong investor sentiment, with no intent to sell. If BTC sustains above $106,000, a move toward $108,500 is likely, with support standing at $103,500.”
CoinSwitch Markets Desk noted, “Bitcoin remained range-bound between $104,500–$106,300, ending the day near $105,590 after rebounding from geopolitical-related dips below $104K—high-volume buying around $104.4K–$104.5K reaffirmed strong support. Analysts from NYDIG highlighted the current low-volatility “summer lull” as a strategic setup, pointing to upcoming catalysts like the SEC’s GDLC decision, tariff suspension expiry, and industry working group outcomes as prime targets for positioning.”
Avinash Shekhar, Co-founder & CEO, Pi42, said, “Bitcoin is holding its ground above $105,000, even as global uncertainty lingers. The crypto market is finding stability after recent volatility triggered by geopolitical tensions. Despite the sharp shakeout that led to over $1.16 billion in liquidations, market sentiment is showing signs of recovery. Technical patterns like the golden cross are being closely watched, with optimism that this could signal a potential surge ahead. Meanwhile, select altcoins such as AAVE and BCH are eyeing leadership as traders diversify. It’s a reminder that the crypto market is not only resilient but also forward-looking, often pricing in future optimism even amid short-term turbulence.”
Sathvik Vishwanath, CEO and co-founder of Unocoin, said, “Bitcoin is currently consolidating around $105,800, signaling a pause before its next big move. Institutional accumulation remains strong, with ETF inflows providing a bullish undertone. Despite low volatility, the market holds a bullish bias as short-term holders take profits while long-term wallets grow. Technically, BTC is squeezed between $104K support and $106K resistance—breakout above $106K could trigger momentum toward $110K–$112K. However, a dip below $104K may lead to a retest of $100K. With regulatory sentiment softening and on-chain data favoring buyers, Bitcoin’s outlook leans bullish, though traders await confirmation through volume and macro developments. Caution and patience are key.”
CoinDCX Research Team noted, “The weekends remained unchanged after a long time without displaying huge price variations. The Bitcoin price is hovering around $106,000, Ethereum remains stuck above $2500, while XRP, ADA, and DOGE remain stuck below their respective resistance levels. Besides, Solana displayed some strength by rising above $150, while Uniswap is gathering some strength to validate a rebound. Jito remains the top gainer with over a 15.5% rise, followed by Sky with over 8% and Fartcoin by over 6%. Meanwhile, GateToken leads the losers table with a 3.33% plunge, followed by Pi, Mantle, Zcash, and Celestia with over 2% each.”
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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.
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