Bitcoin Falls Below $108K; SPX Tops Crypto Gainers Today
The cryptocurrency market witnessed mixed movement on June 12, 2025, as Bitcoin (BTC) fell below the $108,000 mark, while several altcoins posted minor fluctuations. According to CoinMarketCap, the Crypto Fear & Greed Index stands at 61 (Greed), reflecting ongoing investor optimism. Among top performers, SPX6900 (SPX) led the gainers with an 8% rise, while Vaulta (A) recorded the steepest drop, losing nearly 10% in 24 hours.
Global Crypto Market Overview
The total cryptocurrency market capitalization currently stands at $3.39 trillion, marking a 1.71% decline over the past 24 hours.
Bitcoin (BTC) Price Today
- Current Price: $107,777.47
- 24-Hour Loss: 1.62%
- Price in India: ₹90.39 lakh
Bitcoin, the world’s leading cryptocurrency, briefly crossed $110,300 earlier but faced selling pressure at higher levels. Despite the dip, BTC remains bullish, with rising optimism seen across social media and investor circles.
Ethereum (ETH) Price Today
- Current Price: $2,761.98
- 24-Hour Loss: 1.01%
- Price in India: ₹2.13 lakh
Ethereum also saw a minor dip, yet maintains strong investor interest, especially due to recent ETF inflows and staking records.
Dogecoin (DOGE) Price Today
- Current Price: $0.1901
- 24-Hour Loss: 4.07%
- Price in India: ₹15.52
Litecoin (LTC) Price Today
- Current Price: $89.70
- 24-Hour Loss: 2.43%
- Price in India: ₹7,484.89
Ripple (XRP) Price Today
- Current Price: $2.25
- 24-Hour Loss: 1.93%
- Price in India: ₹190.90
Solana (SOL) Price Today
- Current Price: $159.14
- 24-Hour Loss: 4.33%
- Price in India: ₹12,983.03
Top 5 Crypto Gainers (June 12)
Here are the top gainers according to CoinMarketCap:
| Token | Price | 24-Hour Gain |
|---|---|---|
| SPX6900 (SPX) | $1.69 | 7.48% |
| Kaia (KAIA) | $0.1713 | 5.13% |
| AB (AB) | $0.0117 | 3.47% |
| Flare (FLR) | $0.01885 | 2.04% |
| Fartcoin (FARTCOIN) | $1.35 | 1.32% |
Top 5 Crypto Losers (June 12)
Here are the top losers:
| Token | Price | 24-Hour Loss |
|---|---|---|
| Vaulta (A) | $0.6118 | 9.85% |
| Curve DAO Token (CRV) | $0.6445 | 9.39% |
| Raydium (RAY) | $2.27 | 8.29% |
| Jupiter (JUP) | $0.4567 | 8.20% |
| Ethereum Name Service (ENS) | $22.32 | 7.91% |
What Experts Are Saying About the Crypto Market
Edul Patel, CEO of Mudrex:
“Bitcoin briefly touched $110,300 as positive US-China trade talks and cooling inflation (CPI at 2.4%) boosted investor sentiment. Although some profit-taking followed, BTC’s bullish outlook remains strong. Key support lies at $107,400, with resistance at $110,900.”
CoinSwitch Markets Desk:
“Global crypto markets rose following positive macro data and speculation of a possible Fed pivot. Ethereum surged 5.5% to $2,800, supported by strong ETF inflows and record staking levels of 34.7 million ETH.”
Avinash Shekhar, CEO of Pi42:
“Despite the minor pullback to $108,000, market mood remains bullish. Bitcoin could still test $115,000 if current positive signals hold.”
Sathvik Vishwanath, CEO of Unocoin:
“Lower-than-expected US CPI data (2.4%) sparked hopes of Federal Reserve rate cuts, helping Bitcoin maintain strong support around the $108,000–$110,000 range. Analysts eye potential moves toward $112K–$115K.”
Shivam Thakral, CEO of BuyUcoin:
“The market is ready for a significant surge, thanks to easing inflation and improving US-China trade relations. If macroeconomic factors stay positive, Bitcoin could witness fresh bullish momentum.”
CoinDCX Research Team:
“Bears tried to regain control as Bitcoin slipped below $108,000. However, Ethereum remains strong above $2,700, while altcoins like Solana and Dogecoin hold key levels.”
Final Note
The crypto market continues to react to global economic developments, including inflation data, trade talks, and Federal Reserve policies. Investors are advised to monitor these indicators closely as they may influence short-term price movements.
Disclaimer: Cryptocurrency markets are volatile and unregulated. Investments are subject to market risks. Always conduct your own research or seek professional advice before investing.
