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Bitcoin (BTC), the world’s oldest and most valued cryptocurrency, dipped below the $27,000 mark on Thursday. Other popular altcoins — including the likes of Ethereum (ETH), Ripple (XRP), Solana (SOL), Litecoin (LTC), and Dogecoin (DOGE) — landed in the reds across the board. XDC Network (XDC) emerged to be the biggest gainer of the lot, with a 24-hour jump of over 22 percent. Conflux (CFX), on the other hand, became the biggest loser, with a 24-hour loss of over 10 percent.

The global crypto market cap stood at $1.13 trillion at the time of writing, registering a 24-hour dip of 2.44 percent.

Bitcoin (BTC) Price Today

Bitcoin price stood at $26,792.32, registering a 24-hour loss of 3.16 percent, as per CoinMarketCap. According to Indian exchange WazirX, BTC price stood at Rs 23.83 lakh.

Ethereum (ETH) Price Today

ETH price stood at $1,855.60, marking a 24-hour dip of 2.22 percent at the time of writing. As per WazirX, Ethereum price in India stood at Rs 1.63 lakh.

Dogecoin (DOGE) Price Today

DOGE registered a 24-hour loss of 1.59 percent, as per CoinMarketCap data, currently priced at $0.07124. As per WazirX, Dogecoin price in India stood at Rs 6.26.

Litecoin (LTC) Price Today

Litecoin saw a 24-hour dip of 1.04 percent. At the time of writing, it was trading at $90.73. LTC price in India stood at Rs 8,000.80.

Ripple (XRP) Price Today

XRP price stood at $0.5086, seeing a 24-hour loss of 3.43 percent. As per WazirX, Ripple price stood at Rs 44.50.

Solana (SOL) Price Today

Solana price stood at $20.72, marking a 24-hour dip of 1.74 percent. As per WazirX, SOL price in India stood at Rs 1,848.96.

Top Crypto Gainers Today (June 1)

As per CoinMarketCap data, here are the top five crypto gainers over the past 24 hours:

XDC Network (XDC)

Price: $0.0384

24-hour gain: 22.30 percent

UNUS SED LEO (LEO)

Price: $3.52

24-hour gain: 0.66 percent

Quant (QNT)

Price: $118.15

24-hour gain: 0.64 percent

IOTA (MIOTA)

Price: $0.2013

24-hour gain: 0.57 percent

Stellar (XLM)

Price: $0.09201

24-hour gain: 0.45 percent

Top Crypto Losers Today (June 1)

As per CoinMarketCap data, here are the top five crypto losers over the past 24 hours:

Conflux (CFX)

Price: $0.284

24-hour loss: 10.89 percent

GateToken (GT)

Price: $4.51

24-hour loss: 8.11 percent

Injective (INJ)

Price: $7.13

24-hour loss: 6.74 percent

Arbitrum (ARB)

Price: $1.15

24-hour loss: 6.16 percent

Mask Network (MASK)

Price: $4.26

24-hour loss: 6.11 percent

What Crypto Exchanges Are Saying About Current Market Scenario

Mudrex co-founder and CEO Edul Patel told ABP Live, “Bitcoin's value dropped below the $27,000 threshold on Wednesday as concerns arose regarding an upcoming interest rate hike and escalating inflation. The cryptocurrency market experienced uncertainty due to the cautionary comments made by the president of Cleveland's Federal Reserve Bank, indicating a potential increase in interest rates in the United States. Additionally, discouraging manufacturing data from China added to the unease among crypto investors. Following its peak of $28,037 on Tuesday, BTC faced a decline and reached a daily low on Wednesday. Similarly, Ethereum

Mirrored Bitcoin's performance, witnessing a more than 2 percent decrease and currently trading at approximately $1,850.”