Bitcoin (BTC), the world's oldest and most valuable cryptocurrency, fell to $64,000 early Thursday. Other popular altcoins such as Ethereum (ETH), Dogecoin (DOGE), Ripple (XRP), Solana (SOL), and Litecoin (LTC) have all fallen into the red due to the slump in the overall market fear and greed index. . 60 out of 100 (neutral) according to CoinMarketCap data.of ios The token rose more than 4% in 24 hours, emerging as the biggest gainer. HBAR, which was yesterday's biggest gainer, became today's biggest loser, dropping more than 34% in 24 hours.
At the time of writing, the global cryptocurrency market capitalization was $2.37 trillion, an increase of 3.54% in 24 hours.
Bitcoin (BTC) price today
According to CoinMarketCap, Bitcoin price was $64,223.05, down 4.23 percent in 24 hours. According to Indian exchange WazirX, the BTC price was 58.3 million rupees.
Ethereum (ETH) price today
ETH price was $3,150.10, down 3.49 percent in 24 hours at the time of writing. According to WazirX, the Ethereum price in India was 287,000 rupees.
Dogecoin (DOGE) price today
According to data from CoinMarketCap, DOGE recorded a loss of 7.75% in 24 hours and is currently priced at $0.1505. According to WazirX, Dogecoin price in India was Rs 13.73.
Litecoin (LTC) price today
Litecoin fell 3.24% in 24 hours. At the time of writing, it was trading at $83.58. LTC price in India was Rs 7,500.
Ripple (XRP) price today
XRP price was $0.5264, down 4.49% in 24 hours. According to WazirX, Ripple price was Rs 47.
Solana (SOL) price today
Solana price was $147.03, down 7.61% in 24 hours. According to WazirX, his SOL price in India was Rs 13,301.
Top crypto earners today (April 25th)
According to data from CoinMarketCap, the top 5 cryptocurrencies that gained in the past 24 hours are:
Ios (Ios)
price: $0.8984
24 hour increase: 4.81%
Tron (TRX)
price: $0.1141
24 hour increase: 0.43%
UNUS SED Leo (Leo)
price: $5.77
24 hour increase: 0.23%
BNB (BNB)
price: $606.55
24 hour increase: 0.02%
Floki (Floki)
price: $3.06
24 hour increase: 6.64%
Top Cryptocurrency Losers Today (April 25th)
According to CoinMarketCap data, the top 5 crypto losers in the past 24 hours are:
Hedera (HBAR)
price: $0.1139
24 hour increase: 34.80%
Starknet (STRK)
price: $1.18
24 hour increase: 14.67%
Dogwifat (WIF)
price: $2.88
24 hour increase: 14.21%
BONK
price: $0.00002343
24 hour increase: 13.37%
World Coin (WLD)
price: $4.82
24 hour increase: 13.18%
What crypto exchanges are saying about the current market scenario
Edul Patel, co-founder and CEO of Mudrex, told ABP Live: “Over the past 24 hours, Bitcoin has been trading around $64,000 and we are witnessing a surge in long-term liquidations. Despite attempts, The stock has struggled to break through the $67,000 barrier in recent days, with a number of factors fueling the bearish mood, including Israeli airstrikes, global credit institutions' wariness of China, and weak corporate profits in the Middle East. However, Bitcoin has managed to hold above the important $60,000 threshold with buyers stepping in to protect the lower levels. Bitcoin currently has support at $62,800 and resistance. is approaching $66,100.”
CoinSwitch Market Desk said, “Bitcoin continues its downward trend for the second day in a row, briefly falling below the $64,000 mark before rising back above the $64,000 mark. 5 days since BTC halving. However, Standard Chartered analysts maintain that the price trend remains bullish. We believe Ethereum ETF delays are most likely.”
“Bitcoin’s recent decline has entered a correction phase as it broke through the key support level of $65,000,” said WazirX Vice President Rajagopal Menon. The price was $64,223, which corresponds to a decrease of only 0.12% compared to the past day. Escalating geopolitical tensions in the Middle East and the S&P 500's reconnection with Bitcoin price movements add to the complexity, reflecting broader market sentiment. The next support level is expected at $61,000, with continued concerns of a more severe correction, exacerbated by high interest rates in the US impacting liquidity.. However, institutional investors remain bullish and are pouring money into BTC through ETFs. ”
Satvik Vishwanath, co-founder and CEO of Unocoin, said: “Bitcoin price is approaching $70,000 as institutional investors increase, suggesting market recovery.” said. As new spot Bitcoin ETFs emerge, Grayscale's GBTC holds approximately 300,000 Bitcoins. The Bitcoin Improvement Proposal (BIP) process is undergoing a transformation with his five new editors designed to accelerate development and strengthen community engagement. To compete with the US, Hong Kong launched a Bitcoin and Ether ETF using physical buybacks to increase efficiency. Fidelity's Bitcoin ETF has attracted a record $40 million in investment, demonstrating institutional confidence despite low public participation. In terms of technical outlook, Bitcoin is pegged at $66,980, with resistance at $67,687 and support at $63,654, suggesting bullish sentiment above $65,825. However, a breakout of this pivot point could trigger a downtrend. ”
Shivam Thakral, CEO of BuyUcoin, said, “Amid global tensions and a crackdown on crypto founders by the US Department of Justice, Bitcoin struggles to maintain upward momentum.'' I'm doing it,” he said. Bitcoin dropped below $64,000 yesterday. With the key support at $65,000 gone, further decline is expected in the short term. Ethereum, the second-largest cryptocurrency, remains below resistance at $34,000, but that could change if the ETF approval process accelerates. ”
The CoinDCX research team told ABP Live: “Today, the crypto market is facing a downturn due to the recurrence of the Middle East conflict and concerns about the health of the Chinese economy, impacting investor confidence.” Additionally, a slowdown in ETF inflows also contributed to negative sentiment. ”
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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.
