Bitcoin (BTC), the world’s oldest and most valued cryptocurrency, remained stable at around $66,000 early Wednesday for the second consecutive day this week. Other popular altcoins — including the likes of Ethereum (ETH), Dogecoin (DOGE), Ripple (XRP), Solana (SOL), and Litecoin (LTC) — landed in the greens across the board as the overall Market Fear & Greed Index stood at 64 (Greed) out of 100, as per CoinMarketCap data. The Hedera (HBAR) token emerged as the biggest gainer of the lot, with a 24-hour jump of over 92 percent. BEAM became the biggest loser, with a 24-hour dip of over 9 percent.
The global crypto market cap stood at $2.46 trillion at the time of writing, registering a 24-hour gain of 0.51 percent.
Bitcoin (BTC) Price Today
Bitcoin price stood at $66,763.54, registering a 24-hour jump of 0.54 percent, as per CoinMarketCap. According to Indian exchange WazirX, BTC price stood at Rs 58.52 lakh.
Ethereum (ETH) Price Today
ETH price stood at $3,248.07 marking a 24-hour jump of 1.85 percent at the time of writing. As per WazirX, Ethereum price in India stood at Rs 2.85 lakh.
Dogecoin (DOGE) Price Today
DOGE registered a 24-hour gain of 2.21 percent, as per CoinMarketCap data, currently priced at $0.1626. As per WazirX, Dogecoin price in India stood at Rs 14.49.
Litecoin (LTC) Price Today
Litecoin saw a 24-hour gain of 1.73 percent. At the time of writing, it was trading at $86.22. LTC price in India stood at Rs 7,600.04.
Ripple (XRP) Price Today
XRP price stood at $0.5486, seeing a 24-hour dip of 0.20 percent. As per WazirX, Ripple price stood at Rs 48.20.
Solana (SOL) Price Today
Solana price stood at $157.11, marking a 24-hour gain of 0.80 percent. As per WazirX, SOL price in India stood at Rs 13,876.04.
Top Crypto Gainers Today (April 24)
As per CoinMarketCap data, here are the top five crypto gainers over the past 24 hours:
Hedera (HBAR)
Price: $0.1723
24-hour gain: 92.08 percent
Akash Network (AKT)
Price: $5.37
24-hour gain: 34 percent
Bonk (BONK)
Price: $0.0000269
24-hour gain: 33.15 percent
Pepe (PEPE)
Price: $0.000008146
24-hour gain: 20.62 percent
FLOKI (FLOKI)
Price: $3.06
24-hour gain: 6.64 percent
Top Crypto Losers Today (April 24)
As per CoinMarketCap data, here are the top five crypto losers over the past 24 hours:
Beam (BEAM)
Price: $0.03017
24-hour gain: 9.06 percent
Ethena (ENA)
Price: $0.9514
24-hour gain: 7.11 percent
Worldcoin (WLD)
Price: $5.44
24-hour gain: 7.03 percent
Wormhole (W)
Price: $0.596
24-hour gain: 6.66 percent
Nervos Network (CKB)
Price: $0.01881
24-hour gain: 5.94 percent
What Crypto Exchanges Are Saying About Current Market Scenario
Mudrex co-founder and CEO Edul Patel told ABP Live, “Bitcoin persisted in trading above the $66,000 mark. The $62,000 remains as a strong support level indicating strong buying sentiment. Despite bearish pressures, bulls stand firm. A sustained breach beyond $67,000 may pave the way for a test of the $68,500 resistance, while support holds at $64,300. On the other hand, Ethereum is trading at $3,200, gathering momentum to surpass $3,650, eyeing the next hurdle at $3,302.”
The CoinSwitch Markets Desk noted, “Bitcoin saw its first red day after five consecutive green days, with the market holding a steady balance between bulls and bears. Bitcoin’s 200-day average price, one of the most tracked indicators, is reaching its highest levels in more than 2 years. This might start the most bullish phase of the current cycle. Ethereum, on the other hand, has shown a slight strength against BTC even as the chances of ETF approval in May have been considerably low with Standard Chartered analysts expecting that it will not be happening. Their target for year-end still remains at $8k for Ethereum.”
Rajagopal Menon, Vice President, WazirX, said, “Despite a recent retracement, the market appears to be stabilising post-halving. Bitcoin’s steady climb, though linear, faces potential corrections amid speculations of miners selling BTC to cover reduced rewards. However, bullish sentiment persists as Bitcoin’s moving averages signal ‘Buy’ sentiment. BTC breached $66k, facing resistance at $67k, with strong support at $65k. A breakthrough above $67k could trigger a surge towards $68k and $70k sooner than anticipated. Solana (SOL) has surged past its $150 resistance, signalling a potential rally ahead. With sustained trading volumes, the next hurdle is seen at $161. SOL’s smooth recovery suggests strong support, and breaking above $161 could lead to significant gains.”
Shivam Thakral, CEO of BuyUcoin, said, “After briefly trading above $67,000, Bitcoin is now temporarily consolidating around the $66,000 region. The Mt. Gox payout to its creditors of around 142,000 Bitcoin worth roughly $9.5 billion could be a significant event bringing high volatility in the upcoming days. Meanwhile, Ethereum has been trying to break the $3300 resistance for days. The delay of Ether ETF approval could be the reason behind the sluggish price action.”
CoinDCX Research Team told ABP Live, “In the last 24 hours, the market continued its upward trajectory, propelled by positive earnings in the US stock market. Additionally, ETH experienced a notable surge following the SEC’s decision to delay an ETF, considered a bullish sign. While both BTC and ETH are trending upwards, ETH demonstrated stronger performance, while altcoins showed mixed results. Meme coins like Bonk and Pepe are currently leading the market. A gradual uptrend in BTC would benefit altcoins.”
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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.