Bitcoin (BTC), the oldest and most valuable cryptocurrency globally, maintained its stability around $66,000 on Tuesday morning. Meanwhile, various popular alternative cryptocurrencies such as Ethereum (ETH), Dogecoin (DOGE), Ripple (XRP), Solana (SOL), and Litecoin (LTC) experienced slight fluctuations in prices. The overall Market Fear & Greed Index, according to CoinMarketCap data, indicated a sentiment of 65 (Greed) out of 100. Among these cryptocurrencies, PENDLE token stood out as the top gainer with a significant 11% surge in a 24-hour period, while ONDO faced the most substantial loss with a decline of over 5%.
The total global cryptocurrency market capitalization reached $2.44 trillion at the time of this report, showing a 24-hour increase of 1.04%.
Current Prices of Major Cryptocurrencies
Bitcoin (BTC)
The price of Bitcoin was recorded at $66,532.86, reflecting a 1.23% increase over the past 24 hours, as reported by CoinMarketCap. On the Indian exchange WazirX, the price of BTC was noted at Rs 59.36 lakh.
Ethereum (ETH)
Ethereum’s price was at $3,192.41, showing a slight 0.21% decrease within 24 hours. In India, the price of Ethereum on WazirX stood at Rs 2.89 lakh.
Dogecoin (DOGE)
DOGE experienced a 1.20% decline, with the current price at $0.1593. In India, Dogecoin was priced at Rs 14.35 on WazirX.
Litecoin (LTC)
The price of Litecoin dropped by 0.76% to $84.80, while in India, LTC was trading at Rs 7,600.
Ripple (XRP)
XRP’s price rose by 2.75% to $0.5501, and in India, the price reported on WazirX was Rs 49.99.
Solana (SOL)
Solana’s price surged by 3.60% to reach $156.07, with the price in India standing at Rs 13,955.99 on WazirX.
Top Performers and Losers in the Crypto Market Today (April 23)
According to CoinMarketCap data, the top five gainers in the past 24 hours were as follows:
Top Gainers:
-
Pendle (PENDLE)
- Price: $6.66
- 24-hour Gain: 11.76%
-
Gnosis (GNO)
- Price: $393.19
- 24-hour Gain: 7.61%
-
Pepe (PEPE)
- Price: $0.000006757
- 24-hour Gain: 7.31%
-
Immutable (IMX)
- Price: $2.40
- 24-hour Gain: 6.77%
-
Stacks (STX)
- Price: $3.06
- 24-hour Gain: 6.64%
Top Losers:
-
Ondo (ONDO)
- Price: $0.7797
- 24-hour Loss: 5.94%
-
Maker (MKR)
- Price: $2,860.50
- 24-hour Loss: 5.28%
-
Ethena (ENA)
- Price: $1.02
- 24-hour Loss: 5.11%
-
Toncoin (TON)
- Price: $5.86
- 24-hour Loss: 4.94%
-
Bonk (BONK)
- Price: $0.00002019
- 24-hour Loss: 4.73%
Insights from Crypto Exchanges on the Current Market Trends
Edul Patel, the co-founder and CEO of Mudrex, mentioned, “Bitcoin rebounded to \(67,000 in the last 24 hours from \)60,000, potentially due to reduced tensions in the Middle East and lower transaction fees. The bullish momentum persists, with key support and resistance levels to watch. Ethereum’s climb above \(3,200 signals positivity, with a potential challenge at \)3,600.”
The CoinSwitch Markets Desk highlighted, “BTC has shown resilience around $60k post-halving, with altcoins also eyeing upward movements. NEAR protocol’s performance has been notable, reflecting a broader trend in the altcoin market. NEAR’s user base growth and blockchain activity are contributing to its positive momentum.”
Rajagopal Menon, Vice President at WazirX, analyzed, “ETH’s recovery above $3,000 is significant, although technical indicators hint at potential volatility. Cardano’s progress is steady, aiming for key resistance levels.”
Sathvik Vishwanath, CEO of Unocoin, pointed out, “Bitcoin futures debut on Brazil’s B3 exchange is a strategic move to hedge against volatility and expand market participation. Technical indicators suggest a positive outlook for Bitcoin, with key levels to monitor.”
The CoinDCX Research Team emphasized, “BTC and ETH’s sustained upward trajectory is boosting the overall market sentiment, with opportunities for long positions. The negative funding rate amidst price gains indicates a favorable environment for investors.”
Subscribe And Follow ABP Live On Telegram: t.me/officialabplive
Disclaimer: Cryptocurrency investments are speculative and carry inherent risks. Readers are urged to conduct thorough research and seek expert advice before engaging in such transactions. The cryptocurrency market is volatile, and investments should be made cautiously.