Bitcoin (BTC) Dips Below $56,000 Mark, Ethereum (ETH) Falls Below $2,400

Bitcoin (BTC), the world's oldest and most valued cryptocurrency, dipped below the $56,000 mark early Friday, continuing to see a downward trend throughout the week.

Bitcoin (BTC) price fell below the $56,000 mark early Friday, continuing to see a downward trend throughout the week. Other popular altcoins — including the likes of Ethereum (ETH), Dogecoin (DOGE), Solana (SOL), Ripple (XRP), and Litecoin (LTC) — landed in the reds across the board as the overall Market Fear & Greed Index stood at 30 (Fear) out of 100, as per CoinMarketCap data.

The Toncoin (TON) token emerged to be the biggest gainer of the lot, with a 24-hour jump of nearly 5 percent. MultiversX (EGLD) became the biggest loser, with a 24-hour dip of over 8 percent.

The global crypto market cap stood at $1.95 trillion at the time of writing, registering a 24-hour dip of 2.58 percent.

Bitcoin (BTC) Price Today

As per CoinMarketCap, BTC price stood at $55,496.65, registering a 24-hour dip of 2.98 percent, at the time of writing. According to Indian exchanges, BTC price stood at Rs 48.43 lakh.

Ethereum (ETH) Price Today

ETH price stood at $2,336.13, marking a 24-hour loss of 3.20 percent at the time of writing. Ethereum price in India stood at Rs 2.06 lakh.

Dogecoin (DOGE) Price Today

As per CoinMarketCap data, DOGE registered a 24-hour dip of 0.56 percent, and was priced at $0.09732 at the time of writing. Dogecoin price in India stood at Rs 7.98.

Litecoin (LTC) Price Today

Litecoin saw a 24-hour loss of 3.85 percent. At the time of writing, it was trading at $65.10. LTC price in India stood at Rs 5,325.75.

Ripple (XRP) Price Today

XRP price stood at $0.5335, seeing a 24-hour loss of 3.67 percent. Ripple price in India stood at Rs 50.18.

Solana (SOL) Price Today

Solana price stood at $128.26, marking a 24-hour dip of 3.61 percent. SOL price in India stood at Rs 11,376.60.

Top Crypto Gainers Today (September 6)

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

Toncoin (TON)

Price: $4.8024-hour gain: 4.24 percent

Helium (HNT)

Price: $8.2624-hour gain: 1.54 percent

Notcoin (NOT)

Price: $0.00755824-hour gain: 1.23 percent

Tether Gold (XAUt)

Price: $2,518.5124-hour gain: 0.55 percent

UNUS SED LEO (LEO)

Price: $5.6124-hour gain: 0.31 percent

Top Crypto Losers Today (September 6)

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

MultiversX (EGLD)

Price: $24.5424-hour loss: 8.47 percent

Bonk (BONK)

Price: $0.000015624-hour loss: 7.54 percent

Bittensor (TAO)

Price: $234.8124-hour loss: 6.86 percent

Starknet (STRK)

Price: $0.382524-hour loss: 6.63 percent

ORDI (ORDI)

Price: $28.2224-hour loss: 6.63 percent

What Crypto Exchanges Are Saying About Current Market Scenario

Mudrex co-founder and CEO Edul Patel told ABP Live, “Bitcoin is currently trading around the $56,000 mark as markets await the release of the US jobs report. This report could play a key role in influencing the Federal Reserve's decision on potential rate cuts. Global equities have also seen declines, reflecting broader market caution. BTC is facing resistance at the $57,000 level, struggling to break through this critical point. A