Bitcoin (BTC), the world's oldest and most valuable cryptocurrency, managed to rise to the $64,750 level early Wednesday, but settled at $63,900 at the time of writing. ○Popular altcoins such as Ethereum (ETH), Dogecoin (DOGE), Solana (SOL), Ripple (XRP), and Litecoin (LTC) have a market-wide fear and greed index of 100, according to data from CoinMarketCap. 53 points (neutral). of The SEI token rose nearly 25% in 24 hours, becoming the biggest gainer. Nervos Network (CKB) token was the top gainer, dropping more than 5% in 24 hours.
At the time of writing, the global cryptocurrency market capitalization was $2.24 trillion, registering an increase of 0.90% in 24 hours.
Bitcoin (BTC) price today
According to CoinMarketCap, Bitcoin price was $63,944.35, up 1.40 percent in 24 hours. According to Indian exchanges, the BTC price stood at Rs 53.16 million.
Ethereum (ETH) price today
ETH price was $2,622.71, down 0.64 percent 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 has gained 1.17% in 24 hours and is currently priced at $0.1091. Dogecoin price in India was Rs 9.04.
Litecoin (LTC) price today
Litecoin fell by 0.26% in 24 hours. At the time of writing, it was trading at $66.28. The LTC price in India was 5,209.75 rupees.
Ripple (XRP) price today
XRP price was $0.5871, up 0.36% in 24 hours. Ripple price in India was 49.50 rupees.
Solana (SOL) price today
Solana price was $150.11, up 2.63% in 24 hours. SOL price in India was Rs 12,236.74.
Top crypto earners today (September 25th)
According to data from CoinMarketCap, the top 5 cryptocurrencies that gained in the past 24 hours are:
Sei (SEI)
price: $0.4583
24 hour increase: 25.08%
Sui (SUI)
price: $1.73
24 hour increase: 14.17%
Dogwifat (WIF)
price: $1.99
24 hour increase: 12.89%
Pop Cat (SOL) (Pop Cat)
price: $1.02
24 hour increase: 11.40%
Not Coin (NOT)
price: $0.008256
24 hour increase: 8.52%
Top Cryptocurrency Losers Today (September 25th)
According to CoinMarketCap data, the top 5 crypto losers in the past 24 hours are:
Nervos Network (CKB)
price: $0.01641
24 hours loss: 5.12%
Injective word (INJ)
price: $21.39
24 hours loss: 4.66%
BEAM
price: $0.01697
24 hours loss: 4.39%
Manufacturer (MKR)
price: $1,565.73
24 hours loss: 2.76%
Arweave (AR)
price: $22.41
24 hours loss: 2.55%
What crypto exchanges are saying about the current market scenario
Edul Patel, co-founder and CEO of Mudrex, told ABP Live: “Bitcoin is back on track after experiencing profit-taking and is now trading at $64,500.” he said. If BTC can sustain these levels, it could challenge the $64,900 mark with major support at the $63,500 level. Other major coins such as Ethereum, Cardano, Solana, and Shiba Inu also soared by 8% in one day, indicating strong overall market momentum. Improving business confidence has seen significant capital inflows into the crypto market, both directly and through ETFs, as central banks in the US, EU, and China have cut interest rates. ”
“Bitcoin’s bullish momentum indicates potential upside momentum and is dominating the market,” said Avinash Shekhar, co-founder and CEO of Pi42. . BTC is currently trading above $64,000 and will need market momentum to break through the $65,000 barrier. Ethereum is also currently trading above $2,648, indicating a bullish trajectory, but traders and investors are concerned about a possible fall to $2,500. Breaking through the 65-day resistance level, Binance Coin is currently trading above $600. A bullish market indicates the potential for further gains, but there are obstacles such as resistance levels and market slowdowns. Investors are optimistic about market growth and are targeting $65,000 for BTC, $2,700 for ETH, and $650 for BNB. This bullish trend and growth may attract new investors and traders. China's announcement of interest rate cuts is also accelerating the bullish momentum in the crypto market. ”
“Bitcoin has shown remarkable resilience and growth, surging nearly 2% to around $64,300 in the past 24 hours,” said Shivam Thakral, CEO of BuyUcoin. This is the highest level since early August.” The global shift towards monetary easing, particularly China joining other major economies in easing policy to counter the economic slowdown, is largely responsible for this upward trend. Meanwhile, the Ethereum ETF faced significant outflows, with more than $79 million outflows on Monday, the highest outflow since July. Ethereum has surged 12.88% over the past 7 days. This significant break above $64,000 could create a more bullish market structure for Bitcoin, increase investor confidence, and attract new institutional investors. ”
The CoinDCX research team told ABP Live: “The crypto market continues to rise, with BTC above $64,000 and ETH above $2,600. BTC continues to be bullish, but with over $10 billion of highly leveraged short positions at the $72,000 liquidation level, volatility is rising. , we could see a possible rejection or withdrawal in that area. In particular, the US quarterly GDP data due tomorrow is an important event to watch this week.
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Disclaimer: Crypto products and NFTs are unregulated and can be extremely risky. Regulatory remedies may not be available 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.
