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Cryptocurrency Price Today:<\/strong> The cryptocurrency market was back in the red zone on Tuesday, July\u00a012 as investor sentiments remained negative against a volatility in the stock market. The global cryptocurrency market fell\u00a0below the $900 million mark, registering a value of $877.60 billion. This is a decrease of\u00a03.63 per cent in the past 24 hours, as per data, as major crypto coins, including Bitcoin and Ethereum fell over the day.<\/p>\n Bitcoin on the day also dipped slightly again as investors refused to invest in the world\u2019s largest cryptocurrency by market value. Bitcoin price today registered a value of $19,744.64 at\u00a01318 IST, which is a plunge of\u00a00.57 per cent over the past day.<\/p>\n \u201cBitcoin dropped by over 7 per cent in the last couple of days to fall below the $20K level after failing to stay above the $22K. The BTC market sentiment also weakened as fear crept in with the drop in prices. On the daily time-frame, the BTC chart is traversing within the descending channel pattern. The daily RSI is approaching the oversold zone and we could expect investors to re-enter at this level. A failure to maintain its momentum above the $22K level could see BTC dropping further. An immediate support for Bitcoin is expected at $17,700,\u201d said analysts at the WazirX trade desk.<\/p>\n On the other hand, Ethereum, the world\u2019s second largest crypto coin was barely holding on to the $1,000 mark. Ether price today was also down by\u00a01.01 per cent, to stand at $1,069.40 while writing this article.<\/p>\n \u201cEthereum closed in Red once again yesterday, dropping by nearly 6 per cent. ETH tried to overcome the resistance level of $1,280 multiple times but was always met with rejection. The daily trend for Ethereum has formed a descending triangle pattern and is trading close to the support levels. The daily RSI has fallen below the 40 level and fast approaching the oversold zone. An immediate support for Ethereum is expected at $890,\u201d said the analysts.<\/p>\n \u201cCrypto meltdown is a reality that is getting more real with each passing day. Moreover, it isn\u2019t restricted by geographical boundaries. The list of crypto stakeholders going under keeps on growing, with the latest names added like \u2013 Singapore-based Vauld (which stopped customer withdrawals), Voyager Digital (filed for bankruptcy), and Huobi Thailand (pulled down shutters on July 1),\u201d said Kumar Gaurav, CEO and founder of Cashaa.<\/p>\n Here are the top 10 cryptocurrencies and their prices on\u00a0July 12, 2022, Tuesday, (According to data from coinmarketcap.com)<\/strong><\/p>\n Bitcoin $19,744.64 or\u00a00.57 per cent\u00a0loss in the last 24 hours<\/p>\n Ethereum $1,069.40 or 1.01\u00a0per cent\u00a0loss in the last 24 hours<\/p>\n Tether $0.9992 or\u00a00.01 per cent\u00a0loss in the last 24 hours<\/p>\n USD Coin\u00a0$1.00 or 0.02 per cent\u00a0loss in\u00a0the last 24 hours<\/p>\n BNB $223.18 or\u00a00.49 per cent\u00a0gain in the last 24 hours<\/p>\n Binance USD\u00a0$1.00 or 0.03 per cent\u00a0gain in the last 24 hours<\/p>\n XRP $0.3109 or\u00a01.28\u00a0per cent\u00a0loss in the last 24 hours<\/p>\n Cardano\u00a0$0.4322 or\u00a00.75 per cent\u00a0loss in the last 24 hours<\/p>\n Solana\u00a0$33.48 or\u00a00.34 per cent\u00a0loss in the last 24 hours<\/p>\n Dogecoin\u00a0$0.06175 or\u00a00.47 per cent\u00a0loss in the last 24 hours<\/p>\n Read all the Latest News<\/a>, Breaking News<\/a>, watch Top Videos<\/a> and Live TV<\/a> here.<\/p>\n<\/div>\n