Bitcoin (BTC), the world’s oldest and most valued cryptocurrency, rose above the $69,000 mark for the primary time this month, leading to report weekly inflows into spot ETFs, with $2 billion pouring prior to now week. Other standard altcoins — together with the likes of Ethereum (ETH), Dogecoin (DOGE), Solana (SOL), Ripple (XRP), and Litecoin (LTC) — landed within the greens throughout the board as the general Market Concern & Greed Index stood at 63 (Greed) out of 100, as per CoinMarketCap knowledge. The DYDX token grew to become the largest gainer with a 24-hour leap of over 27 %. AERO grew to become the highest loser, with a 24-hour lack of over 2 %.
The world crypto market cap stood at $2.39 trillion on the time of writing, registering a 24-hour leap of two.10 %.
Bitcoin (BTC) Value At present
Bitcoin value stood at $69,046.29, registering a 24-hour leap of 1.46 %, as per CoinMarketCap. In accordance with Indian exchanges, BTC value stood at Rs 58.06 lakh.
Ethereum (ETH) Value At present
ETH value stood at $2,736.69, marking a 24-hour acquire of three.61 % on the time of writing. Ethereum value in India stood at Rs 2.30 lakh.
Dogecoin (DOGE) Value At present
DOGE registered a 24-hour acquire of 5.08 %, as per CoinMarketCap knowledge, at present priced at $0.1485. Dogecoin value in India stood at Rs 12.45.
Litecoin (LTC) Value At present
Litecoin noticed a 24-hour lack of 0.89 %. On the time of writing, it was buying and selling at $74. LTC value in India stood at Rs 6,223.45.
Ripple (XRP) Value At present
XRP value stood at $0.5477, seeing a 24-hour acquire of 1.09 %. Ripple value in India stood at Rs 46.04.
Solana (SOL) Value At present
Solana value stood at $169.84, marking a 24-hour leap of 6.24 %. SOL value in India stood at Rs 14,312.59.
Prime Crypto Gainers At present (October 21)
As per CoinMarketCap knowledge, listed below are the highest 5 crypto gainers over the previous 24 hours:
dYdX (Native) (DYDX)
Value: $1.26
24-hour acquire: 27.09 %
Apecoin (APE)
Value: $1.47
24-hour acquire: 20.82 %
Mina (MINA)
Value: $0.6592
24-hour acquire: 14.22 %
Popcat (SOL) (POPCAT)
Value: $1.40
24-hour acquire: 11.77 %
Mog Coin (MOG)
Value: $0.000002246
24-hour acquire: 11.03 %
Prime Crypto Losers At present (October 21)
As per CoinMarketCap knowledge, listed below are the highest 5 crypto losers over the previous 24 hours:
Aerodrome Finance (AERO)
Value: $1.28
24-hour loss: 2.03 %
Mantra (OM)
Value: $1.48
24-hour loss: 1.47 %
Litecoin (LTC)
Value: $74.08
24-hour loss: 0.72 %
TRON (TRX)
Value: $0.1559
24-hour loss: 0.24 %
UNUS SED LEO (LEO)
Value: $6.09
24-hour loss: 0.22 %
What Crypto Exchanges Are Saying About Present Market Situation
Mudrex co-founder and CEO Edul Patel advised ABP Dwell, “Bitcoin is constant its upward momentum, at present buying and selling at $68,800. This surge has attracted report weekly inflows into spot ETFs, with $2 billion pouring in over the previous seven days. The rally has additionally lifted different main cryptocurrencies like Ethereum, Dogecoin, and Solana, which have gained as much as 6% in a single day. With the US presidential elections approaching quickly, traders are optimistic a few extra crypto-friendly setting, additional driving market exercise. Bitcoin now faces instant resistance at $69,200, with key assist at $67,300.”
CoinSwitch Markets Desk famous, “Bitcoin has surged previous the $69,000 mark for the primary time in three months, pushed by October’s traditionally bullish tendencies. This motion suggests the potential for brand spanking new all-time highs, as bullish sentiment continues to strengthen. We should always word right here that OND quarter (October-November-December) traditionally has at all times been bullish, specifically if it’s a BTC halving yr.”
Avinash Shekhar, Co-founder & CEO, Pi42, mentioned, “Bitcoin (BTC) rose round 9% throughout the week whereas approaching to the necessary degree of $70,000. Bitcoin is at present buying and selling at $68,700, fueled by Kamala Harris’s assist for crypto, Trump’s 60% odds of reelection, low rates of interest, and diminished fears of World Warfare III. Bulls are constructive and may see the worth at round $72,000 as a near-term purpose, whereas bears will defend in opposition to a drop beneath $66,500. In the meantime, Ethereum (ETH) broke out of a symmetrical triangle and exhibiting sturdy bullish momentum. It may proceed going to $2,850, the place promoting stress would possibly emerge. The construction of a retest right here would point out shopping for on dips, whereas a drop beneath the 20-day EMA would point out bearish sentiment. Solana (SOL) is approaching a important resistance at $169. A detailed above completes a bullish ascending triangle, focusing on $189. At present on Monday, the full world market capitalization hit $2.38 trillion, marking a 1.69% enhance during the last day.”
Sathvik Vishwanath, CEO and co-founder of Unocoin, mentioned, “Bitcoin has a robust uptrend within the brief, medium and long run, with rising channels indicating elevated optimism. There is no such thing as a resistance within the brief time period and additional development is predicted. An RSI above 70 signifies constructive momentum, however a possible pullback is feasible. In the medium time period, Bitcoin broke by resistance at 67,241, signaling a possible upside to 84,547 regardless of weak quantity correlations. In the long run, the pattern stays constructive and continued revenue is predicted. The foreign money is technically rated as favorable in all time frames, however because of attainable resistance at 70,000 factors, warning is suggested.”
Shivam Thakral, CEO of BuyUcoin, mentioned, “Bitcoin has surged to a three-month excessive of round $69,400, reflecting a sturdy 7% enhance over the previous week. This bullish momentum is fueled by the SEC’s current approval of choices linked to 11 Bitcoin ETFs, which boosts liquidity and market effectivity. This transfer is predicted to attract in institutional traders and stabilize Bitcoin’s volatility, opening the door for sustained development. The future seems vibrant for Bitcoin because the cryptocurrency market develops with the introduction of those superior monetary merchandise, paving the way in which for funding and growing accessibility for all traders.”
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