Bitcoin (BTC), the oldest and most valued cryptocurrency on this planet, managed to stay steady above the $57,000 mark for the primary time since 2021. Different prime cash, together with the likes of — Ethereum (ETH), Dogecoin (DOGE), Solana (SOL), Ripple (XRP), and Litecoin (LTC) — noticed minor positive factors and losses throughout the board. The Arweave (AR) token emerged to be the most important gainer of the lot, with a 24-hour leap of over 44 p.c. Mantle (MNT) turned the most important loser, with a 24-hour dip of practically 8 p.c.
The global crypto market cap stood at $2.15 trillion on the time of writing, registering a 24-hour achieve of 1.30 p.c.
Bitcoin (BTC) Price Today
Bitcoin price stood at $57,108.30, registering a 24-hour achieve of 1.98 p.c, as per CoinMarketCap. In response to Indian alternate WazirX, BTC price stood at Rs 49.89 lakh.
Ethereum (ETH) Price Today
ETH price stood at $3,268.95 marking a 24-hour achieve of 1.20 p.c on the time of writing. As per WazirX, Ethereum price in India stood at Rs 2.86 lakh.
Dogecoin (DOGE) Price Today
DOGE registered a 24-hour leap of 5.41 p.c, as per CoinMarketCap information, presently priced at $0.09517. As per WazirX, Dogecoin price in India stood at Rs 8.30.
Litecoin (LTC) Price Today
Litecoin noticed a 24-hour dip of 0.83 p.c. On the time of writing, it was buying and selling at $74.32. LTC price in India stood at Rs 6,491.44.
Ripple (XRP) Price Today
XRP price stood at $0.5816, seeing a 24-hour leap of 4.61 p.c. As per WazirX, Ripple price stood at Rs 50.72.
Solana (SOL) Price Today
Solana price stood at $108.69, marking a 24-hour dip of 1.05 p.c. As per WazirX, SOL price in India stood at Rs 9,400.
High Crypto Gainers Today ((*28*) 28)
As per CoinMarketCap information, listed here are the highest 5 crypto gainers over the previous 24 hours:
Arweave (AR)
Price: $23.64
24-hour achieve: 44.29 p.c
Pepe (PEPE)
Price: $0.000002648
24-hour achieve: 23.34 p.c
Gala (GALA)
Price: $0.03928
24-hour achieve: 19.24 p.c
Injective (INJ)
Price: $40.27
24-hour achieve: 10.44 p.c
Shiba Inu (SHIB)
Price: $0.00001089
24-hour achieve: 6.42 p.c
High Crypto Losers Today ((*28*) 28)
As per CoinMarketCap information, listed here are the highest 5 crypto losers over the previous 24 hours:
Mantle (MNT)
Price: $0.8659
24-hour loss: 7.98 p.c
Helium (HNT)
Price: $8.85
24-hour loss: 5.84 p.c
Worldcoin (WLD)
Price: $7.40
24-hour loss: 5.13 p.c
Theta Community (THETA)
Price: $2.03
24-hour loss: 5.12 p.c
Flare (FLR)
Price: $0.04875
24-hour loss: 4.45 p.c
What Crypto Exchanges Are Saying About Present Market Situation
Mudrex co-founder and CEO Edul Patel advised ABP Live, “Bitcoin maintained its place above $56,000 with rising investor confidence. Components corresponding to elevated inflows into spot Bitcoin ETFs and the anticipation of the upcoming halving occasion have contributed to optimistic sentiment. The following hurdle for Bitcoin is the $58,000 resistance stage, whereas a strong assist is established at $55,900. In the meantime, Ethereum has seen a optimistic pattern for six consecutive days, attaining a 42% enhance in worth this month. Ethereum’s resistance is presently on the $3,500 stage, and the continued momentum suggests a possible take a look at of this resistance quickly.”
CoinSwitch Markets Desk famous, “BTC (+0.8%) witnessed a fourth back-to-back day of development after going to sub $51k ranges to check $57.5k for the primary time after December 2021— a month after BTC made its all-time highs final time. With price motion approaching $69k, BTC’s all-time peak, the market consideration appears to be shifting to altcoins, particularly memecoins in the previous few days. Well-liked meme coin PEPE (+24.5%) is displaying vital development and has doubled on this week alone thus far.”
Sathvik Vishwanath, CEO and co-founder of Unocoin, mentioned, “Bitcoin’s latest surge has ignited discussions of a climb to $250,000, with technical evaluation highlighting resistance ranges at $57,486, $58,793, and $60,094, and assist at $55,003, $54,184, and $53,445. The RSI indicators overbought situations, hinting at a potential correction. Fibonacci retracement suggests a retracement to $55,928 and probably $54,980. The 50-day EMA at $52,460 gives historic assist. Above $55,922, vigilance is suggested, whereas warning is warranted attributable to excessive RSI readings. Inexperienced Bitcoin’s Gamified Inexperienced Staking introduces sustainability and group engagement, offering a singular funding alternative.”
Shivam Thakral, CEO of BuyUcoin, mentioned, “After pumping greater than 10% a day, Bitcoin is sustaining its new yearly ATH and has not skilled a correction thus far. This may very well be as a result of traders are bullish on the upcoming halving in April, which traditionally brings a brand new ATH inside a yr of the mentioned occasion as a result of provide shock confronted by the most important cryptocurrency. Nevertheless, a slight correction in Bitcoin would profit Ethereum and Altcoins by decreasing Bitcoin dominance.”
Rajagopal Menon, Vice President, WazirX, mentioned, “Bitcoin (BTC) skilled a big rally, surging 11.5% inside the final 24 hours and reaching highs close to $57,000. This marks the primary time Bitcoin has touched such ranges since late 2021. The driving drive behind this surge seems to be aggressive shopping for from Bitfinex merchants, who collectively acquired $123 million value of Bitcoin. The bullish momentum gained extra traction attributable to a mix of things. Merchants have been compelled to unwind their brief positions, contributing to the upward stress on Bitcoin’s price. Concurrently, substantial spot shopping for exercise on one of many main exchanges additional strengthened the optimistic market sentiment.”
CoinDCX Analysis Crew advised ABP Live, “Within the final 24 hours, BTC and ETH maintained stability, fostering a bullish surroundings for altcoins. BTC hovered round $57,000, with steady dominance, spurring exercise in altcoins, significantly meme tokens like Pepe, Shiba Inu, and Doge. The inflow of BTC spot ETFs remained sturdy, indicating optimistic market sentiment. ETH traded across the $3,250 mark, whereas the ETH/BTC pair confirmed bearish tendencies, leading to BTC outperforming ETH. Today’s announcement of the US GDP prelim (QoQ) might introduce some volatility into the market.”
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Disclaimer: Crypto merchandise and NFTs are unregulated and might be extremely dangerous. There could also be no regulatory recourse for any loss from such transactions. Cryptocurrency is just not a authorized tender and is topic to market dangers. Readers are suggested to hunt professional recommendation and browse supply doc(s) together with associated vital literature on the topic fastidiously earlier than making any form of funding in anyway. Cryptocurrency market predictions are speculative and any funding made shall be on the sole price and threat of the readers.