Bitcoin (BTC), the world's oldest and most valuable cryptocurrency, has fallen below the $67,000 level and hovers around $66,500 at the time of writing. Other popular altcoins such as Ethereum (ETH), Dogecoin (DOGE), Ripple (XRP), Solana (SOL), and Litecoin (LTC) were all in the red. The CORE token proved to be the biggest gainer, rising over 40 percent in 24 hours. The Conflux (CFX) token had the biggest decline, dropping over 16% in 24 hours.
At the time of writing, the global cryptocurrency market capitalization was $2.52 trillion, a decline of 5.82% in 24 hours.
Bitcoin (BTC) price today
According to CoinMarketCap, Bitcoin price was $66,691.59, down 5.56 percent in 24 hours. According to Indian exchange WazirX, the BTC price was 58.5 million rupees.
Ethereum (ETH) price today
ETH price was $3,365.64, down 6.83% in 24 hours at the time of writing. According to WazirX, the Ethereum price in India was 295,000 rupees.
Dogecoin (DOGE) price today
According to CoinMarketCap data, DOGE recorded a loss of 12.91% in 24 hours and is currently priced at $0.1879. According to WazirX, Dogecoin price in India was Rs 16.81.
Litecoin (LTC) price today
Litecoin fell by 12.87% in 24 hours. At the time of writing, it was trading at $95.88. The LTC price in India was Rs 8,301.04.
Ripple (XRP) price today
XRP price was $0.5947, down 5.25% in 24 hours. According to WazirX, Ripple price was Rs 52.
Solana (SOL) price today
Solana price was $183.80, down 9.39% in 24 hours. According to WazirX, his SOL price in India was Rs 16,845.94.
Top crypto earners today (April 2nd)
According to data from CoinMarketCap, the top 5 cryptocurrencies that gained in the past 24 hours are:
CORE
price: $3.82
24 hour increase: 40.36%
Bitensor (TAO)
price: $539.47
24 hour increase: 5.25 percent
PENDLE
price: $5.33
24 hour increase: 2.10%
Bitget Token (BGB)
price: $1.07
24 hour increase: 1.64%
UNUS SED Leo (Leo)
price: $6.07
24 hour increase: 0.33%
Top Cryptocurrency Losers Today (April 2nd)
According to CoinMarketCap data, the top 5 crypto losers in the past 24 hours are:
Conflux (CFX)
price: $0.3827
24 hours loss: 16.50%
Axela (AXL)
price: $1.81
24 hours loss: 14.98%
Dogwifat (WIF)
price: $3.86
24 hours loss: 14.13%
Litecoin (LTC)
price: $95.39
24 hours loss: 13.88%
Pepe (Pepe)
price: $0.000007338
24 hours loss: 13.56%
What crypto exchanges are saying about the current market scenario
Edul Patel, co-founder and CEO of Mudrex, told ABP Live: “Bitcoin has fallen to the $67,000 level amid strong US economic indicators, and the June interest rate “We now have high expectations that the Fed will take a phased approach to adjustment.” Despite this, Bitcoin has soared by 135% over the past year. Further support is expected at $66,600 and resistance is seen at $68,200. Conversely, Ethereum and most cryptocurrencies are trading in negative territory as investors anticipate a possible rate cut, which coincides with a decline in stock prices. ”
CoinSwitch Markets Desk says: It is currently trading in the red. As a result of market performance over the past 24 hours, the crypto market witnessed a total of over $490 million in liquidations, including $134.74 million in BTC ($97.22 million long). After failing to cross the $71,500 resistance, BTC (-5.4%) underwent a price correction to the $67,000 level. If BTC is able to break above the new resistance level at $68.5,000, we could see another positive price action. ETH (-6.6%) has shown signs of retracement in recent trading sessions. Although volatility is currently high, it shows potential for higher price performance. The current decline could serve as a strategic entry point for long positions. ”
“Bitcoin (BTC) continues to rise towards a potential new high (ATH) of $68,000 as investor confidence increases,” said Rajagopal Menon, Vice President, WazirX. It is stable nearby.” Analysts are highlighting key resistance levels that mark a pivotal moment for Bitcoin's near-term trajectory. Recent price movements for ETH from March 11th to 20th ranged from $3,054 to $4,095, highlighting the market volatility. ETH’s volatile rise to $3,357 has prompted cautious optimism among traders, wary of sudden reversals in the ever-changing crypto market. ”
“The market turned bearish over the past 24 hours following BTC’s monthly high closing price, with both BTC and ETH plummeting by more than 5%,” the CoinDCX research team told ABP Live. BTC has fallen below the important $69,000 level and is currently trading below the 20 EMA D, indicating bearish sentiment. ETH has also fallen below the 20 EMA D, but is supported at an important level of 50 EMA D. To avoid further decline, it is important to maintain the level above $3,300. All eyes will be on BTC ETF inflows and US macroeconomic announcements in the coming days. ”
Satvik Vishwanath, CEO and co-founder of Unocoin, said, “The key pivot for BTC is $69,000, with resistance levels at $71,700, $73,850, and $75,825.” . Downside support lies at $66,800, $64,630, and $62,425, which is essential to sustaining the current range. Technical analysis shows a neutral market with an RSI of 47. His 50-day EMA of $69,585 is roughly in line with the current price, indicating a potential stabilization or uptrend under favorable conditions. A Doge candlestick near the $69,000 trendline suggests indecision that favors a possible bullish reversal after closing above it. Overall, Bitcoin sentiment is cautiously bullish above $69,000, with a break pointing towards a move above $71,000, but below which there could be significant selling pressure. ”
Shivam Thakral, CEO of BuyUcoin, said: “Bitcoin fell more than 5% to $66,000. BTC reacted to stronger-than-expected rise in US manufacturing data for March. Spot ETF volume has also dried up compared to March volume. Bitcoin and crypto markets are typically expected to be volatile in the days leading up to a Bitcoin halving.”
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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.
