Crypto Price Today: Bitcoin Trades at $105,000 as Market Consolidates, Altcoins See Small Losses

Bitcoin is trading at $105,457 (roughly Rs. 90.3 lakh) on global exchanges.

Written by Radhika Parashar, Edited by Siddharth Suvarna | Updated: 9 June 2025 12:19 IST

Crypto Price Today: Bitcoin Trades at $105,000 as Market Consolidates, Altcoins See Small Losses

Photo Credit: Pixabay/ WorldSpectrum

The valuation of the sector presently stands at $3.29 trillion

Highlights

Uniswap, Polygon saw losses
Price dips were also registered by EOS Coin and ZCash
Augur, Iota reflected minor gains

The crypto market has seemingly entered a period of consolidation after a turbulent last week that saw a feud unfold between Donald Trump and Elon Musk. On Monday, June 9, Bitcoin reflected a minor loss of 0.14 percent on international exchanges. At the time of writing, Bitcoin was trading at $105,457 (roughly Rs. 90.3 lakh) on international exchanges. The most expensive crypto asset logged a loss of under one percent on Indian exchanges as well. As per CoinDCX and CoinSwitch, BTC is retailing at $107,330 (roughly Rs. 92 lakh).

"With a major US jobs report coming up, macro uncertainty could stir things up again. So, for now, we're neutral to cautiously optimistic. We'll be watching closely to see if BTC holds key levels or starts building momentum again. The bigger trend still looks intact — this may just be a breather after a strong run," Srinivas L, CEO, crypto investment firm 9Point Capital told Gadgets 360 commenting on the market situation.

Ether dropped by 1.05 percent in the last 24 hours to trade at $2,486 (roughly Rs. 2.12 lakh) on international exchanges. The asset also logged losses of under two percent on Indian exchanges to trade at around $2,554 (roughly Rs. 21.8 lakh).

Uber Considers Adopting Stablecoins to Lower Cross-Border Transfer Costs

"Ethereum is drawing attention, with spot ETFs seeing four consecutive weeks of inflows totaling over $856 million (roughly Rs. 7,321 crore). But this week belonged to Bitcoin's resilience. The broader market is watching closely, and BTC's ability to defend support levels signals that the bull cycle remains alive beneath the surface," said Avinash Shekhar, Co-Founder and CEO of the Pi42 exchange.

The crypto price tracker by Gadgets 360 showed price dips next to most altcoins on Monday.

These include Tether, Binance Coin, Dogecoin, Tron, Leo, and Stellar.

Ethereum Foundation Overhauls Treasury Strategy Amid Scaling Push

Other crypto assets that settled in small losses include Shiba Inu, Monero, Uniswap, Near Protocol, Cosmos, Polygon among others.

The overall crypto market cap saw a slight dip of 0.16 percent in the last 24 hours. At present, the valuation of the sector stands at $3.29 trillion (roughly Rs. 2,81,47,430 crore), data by CoinMarketCap showed.

"Investors should stay vigilant and continue Dollar-Cost Averaging (DCA) for long-term wealth," Himanshu Maradiya, Founder and Chairman, CIFDAQ told Gadgets 360. The process of DCA involves a consistent practice of investments regardless of market conditions.

Meanwhile, Solana joined Ripple, Bitcoin Cash, Cronos, Iota, and Augur to hold onto minor profits on the price charts on Monday.

"Analysts are drawing parallels between Bitcoin's current market structure and gold's legendary breakout in the early 2000s. If history repeats itself, they argue, Bitcoin could follow a similar trajectory — with the $150,000 (roughly Rs. 1.28 crore) target once again looking achievable," Harish Vatnani, Head of Trade, ZebPay told Gadgets 360.

Cryptocurrency is an unregulated digital currency, not a legal tender and subject to market risks. The information provided in the article is not intended to be and does not constitute financial advice, trading advice or any other advice or recommendation of any sort offered or endorsed by NDTV. NDTV shall not be responsible for any loss arising from any investment based on any perceived recommendation, forecast or any other information contained in the article.

Affiliate links may be automatically generated - see our ethics statement for details.

Cryptocurrency Prices across Indian exchanges

Comments

For the latest tech news and reviews, follow Gadgets 360 on X, Facebook, WhatsApp, Threads and Google News. For the latest videos on gadgets and tech, subscribe to our YouTube channel. If you want to know everything about top influencers, follow our in-house Who'sThat360 on Instagram and YouTube.

Further reading: Cryptocurrency, Bitcoin, Ether, Tether, USD Coin, Ripple, Binance USD, Binance Coin, Cardano, Polygon, Solana, Polkadot, Dogecoin, Shiba Inu, Litecoin, Uniswap, Tron, Monero, Dash, Bitcoin Cash, Flex, Cartesi, Braintrust, Kishu Inu, Circuits of Value, Qutm, Wrapped Bitcoin, Zcash

Radhika Parashar

Email Radhika

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 RadhikaP@ndtv.com. More