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Cryptocurrency News Articles

Bitcoin (BTC) Price Today - BTC/USD Chart - CoinMarketCap

Sep 27, 2024 at 01:56 pm

Bitcoin (BTC) is the world's oldest and most valued cryptocurrency and digital gold. Track Bitcoin (BTC) price today and discover the latest market data.

Bitcoin (BTC) Price Today - BTC/USD Chart - CoinMarketCap

Top cryptocurrency Bitcoin (BTC) price rose above the crucial level of $65,000 (roughly Rs. 48.2 lakhs) on Friday, registering a 24-hour gain of 2.51 percent. At the time of writing, BTC price stood at $65,280.48 (roughly Rs. 48.4 lakhs), as per CoinMarketCap. According to Indian exchanges, BTC price stood at Rs 53.16 lakh.

The global crypto market cap stood at $2.29 trillion (roughly Rs. 1,70 quadrillion) at the time of writing, registering a 24-hour gain of 2.48 percent.

Other popular altcoins — including the likes of Ethereum (ETH), Dogecoin (DOGE), Solana (SOL), Ripple (XRP), and Litecoin (LTC) — landed in the greens across the board on Friday. Memecoin Shiba Inu (SHIB) became the biggest gainer with a 24-hour jump of nearly 22 percent. Monero (XMR) remained the top loser for the second consecutive day, with a 24-hour loss of over 2 percent.

As per CoinMarketCap data, here are the top five crypto gainers over the past 24 hours:

Shiba Inu (SHIB)

Price: $0.0000190124-hour gain: 21.47 percent

Conflux (CFX)

Price: $0.185624-hour gain: 17.65 percent

Bonk (BONK)

Price: $0.000022124-hour gain: 16.99 percent

Brett (Based) (BRETT)

Price: $0.101824-hour gain: 15.45 percent

eCash (XEC)

Price: $0.0000392124-hour gain: 14.77 percent

Top Crypto Losers Today (September 27)

As per CoinMarketCap data, here are the top five crypto losers over the past 24 hours:

Monero (XMR)

Price: $162.2924-hour loss: 2.24 percent

Aptos (APT)

Price: $8.3224-hour loss: 1.81 percent

UNUS SED LEO (LEO)

Price: $5.8724-hour loss: 1.41 percent

Artificial Superintelligence Alliance (FET)

Price: $1.6524-hour loss: 0.59 percent

Aave (AAVE)

Price: $166.7724-hour loss: 0.82 percent

Mudrex co-founder and CEO Edul Patel told ABP Live, “Bitcoin is trading at $65,100 rallying up over 3% in a day as S&P 500 touches another all-time high. The rally is fueled by the hope that the US would manage a ‘soft landing’ on inflation, optimistic macroeconomic trends and renewed buying interest from institutional investors as China too cuts its interest rates. BTC is facing major resistance at the $65,700 level with key support at the $63,900 level.”

CoinSwitch Markets Desk noted, “Bitcoin reached its highest price in two months as the monetary stimulus in two of the largest economies, US and China continues to boast investor confidence. Bitcoin crossed its resistance at 65k USD mark with good volumes, making paths for its way across the next resistance path extremely soon.”

Avinash Shekhar, Co-founder & CEO, Pi42, said, “This week has been great for the crypto market as this week's market has shown a significant upturn. Bitcoin is ready for the big move as it is very close to the $70,000 threshold. A price break above $70,000 can be a catalyst for new investors coming in the picture. Bitcoin is currently trading at $64,958. There's a crucial moment for Ethereum because it needs to stay over the support level of $2,600 to continue the momentum. Ethereum is currently trading just above $2,600. Other assets are also showing gains. Polygon rose 4%. NEAR Protocol is up 7.8% as interest in the decentralized apps of the coin grew. Shiba Inu is up 22% in a day as big investors have bought it. Dogecoin's 8.93% lifts it closer to a key benchmark. Investors are relieved, but the crypto market is highly volatile,

Original source:abplive

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