Crypto Price Today 2a4w6c Bitcoin Falls to $106,000 Mark as Market Consolidates, Most Altcoins Dip

Bitcoin is trading at $106,111 (roughly Rs. 90.8 lakh). 6m4d3i

Written by Manas Mitul | Updated: 30 May 2025 13:42 IST

Crypto Price Today: Bitcoin Falls to $106,000 Mark as Market Consolidates, Most Altcoins Dip

Photo Credit: Pixabay/ WorldSpectrum l695h

The crypto market cap stands at $3.35 trillion (roughly Rs. 2,86,38,573 crore)

Highlights

Cosmos, Neo Coin saw price dips
Leo, Iota saw gains
Monero, Uniswap failed to see any rise in values

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Most cryptocurrencies dipped in value on Friday with Bitcoin ing a price drop of under two percent on international exchanges to trade at $106,111 (roughly Rs. 90.8 lakh), as per CoinMarketCap. On Indian exchanges like CoinDCX, Giottus, and CoinSwitch, Bitcoin value dropped under one percent on Friday. BTC is currently listed at $108,350 (roughly Rs. 92.5 lakh) on Indian platforms. Market analysts have warned investors about the ongoing period of heightened volatility in the crypto sector.

"Bitcoin is consolidating near $106,000 (roughly Rs. 90.4 lakh) amid geopolitical uncertainty, as stalled US–China trade talks bring back trade war concerns. Additionally, macroeconomic pressures such as higher-than-expected US jobless claims and a 0.2 percent GDP contraction in Q1 2025 have added to short-term market caution," Edul Patel, co-founder and CEO of Mudrex, told Gadgets 360.

Ether dipped by 3.13 percent in the last 24 hours. On International exchanges, ETH claimed the price point of $2,640 (roughly Rs. 2.25 lakh), CoinMarketCap showed. On Indian exchanges, the value of ETH dropped by four percent to rest at $2,718 (roughly Rs. 2.32 lakh).

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"Macroeconomic uncertainty persists, driven by stalled US-China trade talks and a US court blocking tariffs," said Riya Sehgal, research analyst at Delta Exchange.

The crypto price tracker by Gadgets 360 showed most cryptocurrencies dipping in value on Friday.

These include Stellar.

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Polkadot also slipped in their respective prices.

The crypto market cap tumbled by two percent in the last 24 hours to set at a value of $3.35 trillion (roughly Rs. 2,86,38,573 crore), as per CoinMarketCap.

"We view these developments as indicative of a maturing crypto ecosystem where technological innovation and strategic alliances play pivotal roles in market dynamics," Avinash Shekhar, co-Founder and CEO of Pi42, told Gadgets 360.

Meanwhile Circuits of Value managed to see minor rise in values on Friday.

Bitcoin's dominance on the crypto market stands at 63 percent. Ether, meanwhile, holds 9.5 percent of the market share.

"What's striking is Bitcoin's ability to outperform traditional assets in a time of economic fragility and geopolitical friction. While global markets search for direction, Bitcoin has emerged as a standout, offering not just performance but clarity in chaos," said Himanshu Maradiya, founder and chairman, CIFDAQ. " The road ahead remains a little volatile, but the underlying signal is clear: confidence in Bitcoin is deepening, and the market is watching."

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Cryptocurrency Prices across Indian exchanges

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Further reading: Zcash

Radhika Parashar

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Radhika Parashar is a senior correspondent for Gadgets 360. She has been reporting on tech and telecom for the last three years now and will be focussing on writing about all things crypto. Besides this, she is a major sitcom nerd and often replies in Chandler Bing and Michael Scott references. For tips or queries you could reach out to her at [email protected]. More