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Bitcoin (BTC), the world’s oldest and most valued cryptocurrency, managed to remain stable at around $66,000 early Tuesday. Other popular altcoins — including the likes of Ethereum (ETH), Dogecoin (DOGE), Ripple (XRP), Solana (SOL), and Litecoin (LTC) — saw a mix of minor gains and dips as the overall Market Fear & Greed Index stood at 65 (Greed) out of 100, as per CoinMarketCap data. The PENDLE token emerged as the biggest gainer of the lot, with a 24-hour jump of over 11 percent. ONDO became the biggest loser, with a 24-hour dip of over 5 percent.
The global crypto market cap stood at $2.44 trillion at the time of writing, registering a 24-hour gain of 1.04 percent.
Bitcoin (BTC) Price Today
Bitcoin price stood at $66,532.86, registering a 24-hour jump of 1.23 percent, as per CoinMarketCap. According to Indian exchange WazirX, BTC price stood at Rs 59.36 lakh.
Ethereum (ETH) Price Today
ETH price stood at $3,192.41, marking a 24-hour dip of 0.21 percent at the time of writing. As per WazirX, Ethereum price in India stood at Rs 2.89 lakh.
Dogecoin (DOGE) Price Today
DOGE registered a 24-hour loss of 1.20 percent, as per CoinMarketCap data, currently priced at $0.1593. As per WazirX, Dogecoin price in India stood at Rs 14.35.
Litecoin (LTC) Price Today
Litecoin saw a 24-hour dip of 0.76 percent. At the time of writing, it was trading at $84.80. LTC price in India stood at Rs 7,600.
Ripple (XRP) Price Today
XRP price stood at $0.5501, seeing a 24-hour jump of 2.75 percent. As per WazirX, Ripple price stood at Rs 49.99.
Solana (SOL) Price Today
Solana price stood at $156.07, marking a 24-hour gain of 3.60 percent. As per WazirX, SOL price in India stood at Rs 13,955.99.
Top Crypto Gainers Today (April 23)
As per CoinMarketCap data, here are the top five crypto gainers over the past 24 hours:
Pendle (PENDLE)
Price: $6.66
24-hour gain: 11.76 percent
Gnosis (GNO)
Price: $393.19
24-hour gain: 7.61 percent
Pepe (PEPE)
Price: $0.000006757
24-hour gain: 7.31 percent
Immutable (IMX)
Price: $2.40
24-hour gain: 6.77 percent
Stacks (STX)
Price: $3.06
24-hour gain: 6.64 percent
Top Crypto Losers Today (April 23)
As per CoinMarketCap data, here are the top five crypto losers over the past 24 hours:
Ondo (ONDO)
Price: $0.7797
24-hour gain: 5.94 percent
Maker (MKR)
Price: $2,860.50
24-hour gain: 5.28 percent
Ethena (ENA)
Price: $1.02
24-hour gain: 5.11 percent
Toncoin (TON)
Price: $5.86
24-hour gain: 4.94 percent
Bonk (BONK)
Price: $0.00002019
24-hour gain: 4.73 percent
What Crypto Exchanges Are Saying About Current Market Scenario
Mudrex co-founder and CEO Edul Patel told ABP Live, “In the past 24 hours, Bitcoin bounced back to $67,000 after touching the $60,000 mark, possibly due to easing tensions in the Middle East and lower Bitcoin transaction fees following the halving. Bulls maintain their stance against bears. A sustained close above $67,000 could lead to a challenge of the $68,500 resistance, with support at $64,300. Most altcoins experienced a surge, with Ethereum surpassing $3,200, indicating bullish momentum. Breaking $3,600 might suggest the correction is over.”
The CoinSwitch Markets Desk noted, “After bouncing off the support from ~$60k near the halving day, BTC has printed 5 green candles in a row even as the price is up by only around 10% during this period. While the next resistance is still around 10% away at $73k, altcoins are looking for a run-up as well. The leading altcoin pair by volumes, ETH/BTC, also has some breathing space of around 2.5% before hitting the resistance again at 0.05 BTC per ETH. The current altcoin rally is fueled by NEAR protocol’s NEAR token as it is up by around 15% in the last 24 hours. The protocol’s blockchain is now producing over $1.2 million dollar in fees, up by 47% in the last 30 days. NEAR is onboarding a lot of web2 users in web3 through its applications. Currently, as per Dappradar, NEAR has more weekly active users than Solana and polygon combined.”
Rajagopal Menon, Vice President, WazirX, said, “ETH has surged past the $3,000 mark, staging a recovery from its 100-day Exponential Moving Average (EMA), potentially signalling renewed bullish sentiment. However, Ethereum’s MACD crossing the weekly moving average suggests a bearish outlook, hinting at potential volatility ahead. The $3,200 resistance level will be crucial in determining Ethereum’s future trajectory. On the other hand, Cardano’s performance has been moderate, with the possibility of reaching $0.77 if further retracements are avoided. However, a resistance level at $1.09 is expected after surpassing steady resistances at $0.89 and $0.95.”
Sathvik Vishwanath, CEO and co-founder of Unocoin, said, “Bitcoin futures debut on Brazil’s B3 exchange, representing 0.1 BTC per contract settled against the Nasdaq Benchmark Price Index, which aims to hedge against bitcoin volatility and expand its market. With Bitcoin at $66,270, up 2.50%, a break of $64,853 suggests upside momentum, with resistance at $66,910, $69,232, and $71,425, and support at $63,045, $61,387, and $59,686. Technical indicators such as the RSI at 62 and the 50-day EMA at $64,788 reinforce optimism and suggest strong buying above $64,850, but signal a potential sell-off below. The initiative seeks to promote Bitcoin adoption and market diversification, potentially encouraging wider investor participation.”
Shivam Thakral, CEO of BuyUcoin, said, “Bitcoin temporarily broke the $67,000 days after boring price action. The crypto market can again experience significant volatility once the Bitcoin inflows pick up, potentially surpassing $100 billion into the bull run. While Bitcoin had no significant gains since the highly-anticipated halving, Bitcoin layer 2 tokens have outperformed Bitcoin. These tokens could further outperform the market as more and more Bitcoin layer 2 projects launch their innovative scalability solutions in the upcoming weeks.”
CoinDCX Research Team told ABP Live, “In the last 24 hours, the crypto market remained bullish, with the total market cap up by 2.5%. BTC reached $67,000 and ETH touched $3,200. Technically, both BTC and ETH have sustained their upward momentum, providing a boost to altcoins. A noteworthy aspect is the negative funding rate despite the price increase, indicating a favourable environment. Price action and indicators signal a positive outlook for BTC and ETH, presenting opportunities for long positions. Additionally, positive BTC ETF inflows reinforce this optimistic sentiment.”
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Disclaimer: Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Cryptocurrency is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Cryptocurrency market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.
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