Bitcoin (BTC), the world's oldest and most valuable cryptocurrency, managed to hold onto the $63,000 level early Tuesday. ○Popular altcoins such as Ethereum (ETH), Dogecoin (DOGE), Solana (SOL), Ripple (XRP), and Litecoin (LTC) have a market-wide fear and greed index of 51 out of 100, according to CoinMarketCap data. point (neutral). of Celestia (TIA) token was the biggest gainer, rising nearly 14% in 24 hours. UNUS SED LEO (LEO) token was the top gainer, dropping nearly 7% in 24 hours.
At the time of writing, the global cryptocurrency market capitalization was $2.22 trillion, a decline of 0.48% in 24 hours.
Bitcoin (BTC) price today
According to CoinMarketCap, Bitcoin price was $63,357.65, down 0.60 percent in 24 hours. According to Indian exchanges, the BTC price stood at Rs 53.16 million.
Ethereum (ETH) price today
ETH price was $2,640.42, down 0.60% in 24 hours at the time of writing. Ethereum price in India was 198,000 rupees.
Dogecoin (DOGE) price today
According to data from CoinMarketCap, DOGE recorded a loss of 0.16% in 24 hours and is currently priced at $0.1075. Dogecoin price in India was Rs 9.04.
Litecoin (LTC) price today
Litecoin fell 2.15% in 24 hours. At the time of writing, it was trading at $66.49. The LTC price in India was 5,209.75 rupees.
Ripple (XRP) price today
XRP price was $0.5854, down 1.22% in 24 hours. Ripple price in India was 49.50 rupees.
Solana (SOL) price today
Solana price was $146.33, down 0.27% in 24 hours. SOL price in India was Rs 12,236.74.
Top crypto earners today (September 24th)
According to data from CoinMarketCap, the top 5 cryptocurrencies that gained in the past 24 hours are:
Celestia (TIA)
price: $6.28
24 hour increase: 13.59%
Arweave (AR)
price: $22.96
24 hour increase: 12.72%
NEAR Protocol (NEAR)
price: $5.26
24 hour increase: 9.07%
Ronin (RON)
price: $1.79
24 hour increase: 8.77%
Stack (STX)
price: $1.87
24 hour increase: 6.45%
Top Cryptocurrency Losers Today (September 24th)
According to CoinMarketCap data, the top 5 crypto losers in the past 24 hours are:
UNUS SED Leo (Leo)
price: $5.56
24 hours loss: 6.70%
Sui (SUI)
price: $1.52
24 hours loss: 5.75%
Monero (XMR)
price: $166.23
24 hours loss: 5.31%
Akash Network (AKT)
price: $2.81
24 hours loss: 5.24%
Helium (HNT)
price: $7.28
24 hours loss: 4.65%
What crypto exchanges are saying about the current market scenario
Edul Patel, co-founder and CEO of Mudrex, told ABP Live: “Bitcoin has experienced a small amount of profit taking from investors after a significant rally since the Fed rate cut. “There is,” he said. Bitcoin broke through the major resistance at $64,000, but was unable to sustain above the resistance level and reverted back to the $62,800 level. For Bitcoin to trigger further upside, it needs to clear a new resistance level at $64,500, but its support has shifted to $62,300. Ethereum has also seen strong gains, gaining 15% over the past week and currently trading at $2,600. Meanwhile, the Bitcoin Spot ETF hit a record high of $17.7 billion in net inflows last week, demonstrating the strength of market sentiment across the crypto market. ”
“Bitcoin faces an uphill battle at the key resistance level at $65,000 and maintains a low-high pattern,” CoinSwitch Market Desk said. For the bulls to regain control, they will need to generate enough momentum to break through this key barrier. Initial support for Bitcoin is at $62,500, with a firmer lower bound near $59,000, and the $65,000 level remains a key resistance. A clear break above this could pave the way to the $70,000 level. However, the daily RSI shows a bearish divergence, suggesting potential downside risks. Bitcoin needs to sustain above $62,500 for these bearish signals to be invalidated. ”
Avinash Shekhar, co-founder and CEO of Pi42, said: “The $321 million surge after the Federal Reserve’s interest rate cut intervention fueled the rise in digital assets. There was,” he said. Bitcoin leads the way with $284 million in inflows, while Ethereum has shown outflows for the fifth consecutive week. Institutional investors drove the momentum, with Fidelity's total FBTC total reaching $138 million. Furthermore, the US market accounted for the majority of the $277 million inflow. Bitcoin is currently trading above a key resistance level at $63,000, but the bullish divergence is believed to be increasing investor confidence. Bitcoin’s $63,000 resistance level appears as the cryptocurrency fights for continued positive momentum in a highly volatile market. ”
Satvik Vishwanath, co-founder and CEO of Unocoin, said: “Bitcoin (BTC) has paused its recent uptrend after gaining 7.5% last week and has fallen below the major 62,000 mark. “It has remained strong, outperforming the level of the dollar.” On-chain data indicates neutral sentiment among traders, with Coinglass showing a long-to-short ratio of 1.0. Flows into US Spot Bitcoin ETFs fell by just 1.66% to $397.2 million. BTC technical indicators remain mixed, with the MACD suggesting a bullish crossover, while the RSI suggests a decline in momentum. If the $62,000 support holds, Bitcoin could retest $65,379. A break below $57,610 could lead to further decline, with support near $56,000. ”
Shivam Thakral, CEO of BuyUcoin, said: NEAR and RNDR led this surge, posting significant increases of 18% to 20%. This momentum was driven by recent interest rate cuts by the Federal Reserve, which improved the environment for riskier assets such as cryptocurrencies. The CoinDesk 20 index rose 1.5% as a result of increased market optimism. ”
The CoinDCX research team told ABP Live: “Over the past 24 hours, BTC moved sideways following its recent rally, while most other tokens continued to rise. AI tokens such as TAO and NEAR Outperformed the market. ETH has also started outperforming BTC and delivered positive returns yesterday, but remains below the important $2,800 level and needs to regain this level to gain further bullish momentum. For BTC, sustaining above the $61,750 level is critical to sustaining the current position.
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Disclaimer: Crypto products and NFTs are unregulated and can be extremely risky. There may be no regulatory remedy for losses from such transactions. Cryptocurrencies are not legal tender and are therefore subject to market risks. Readers are advised to seek professional advice and carefully read the offer document together with relevant key literature on the subject before making any type of investment. cryptocurrency Market forecasts are speculative and investments are made at the reader's sole expense and risk.
