Bitcoin (BTC), the world’s oldest and most valued cryptocurrency, remained stable at around $64,000 early Friday. Other popular altcoins — including the likes of Ethereum (ETH), Dogecoin (DOGE), Ripple (XRP), Solana (SOL), and Litecoin (LTC) — recorded minor dips across the board as the overall Market Fear & Greed Index stood at 60 (Neutral) out of 100, as per CoinMarketCap data. The Wormhole (W) token emerged as the biggest gainer of the lot, with a 24-hour jump of over 15 percent. The EOS token, which was the biggest gainer yesterday, became the biggest loser, with a 24-hour dip of over 9 percent.
The global crypto market cap stood at $2.36 trillion at the time of writing, registering a 24-hour gain of 0.15 percent.
Bitcoin (BTC) Price Today
Bitcoin price stood at $64,289.17, registering a 24-hour dip of 0.01 percent, as per CoinMarketCap. According to Indian exchange WazirX, BTC price stood at Rs 57.55 lakh.
Ethereum (ETH) Price Today
ETH price stood at $3,137.39 marking a 24-hour dip of 0.42 percent at the time of writing. As per WazirX, Ethereum price in India stood at Rs 2.83 lakh.
Dogecoin (DOGE) Price Today
DOGE registered a 24-hour gain of 0.07 percent, as per CoinMarketCap data, currently priced at $0.1508. As per WazirX, Dogecoin price in India stood at Rs 13.77.
Litecoin (LTC) Price Today
Litecoin saw a 24-hour jump of 1.98 percent. At the time of writing, it was trading at $84.97. LTC price in India stood at Rs 7,516.76.
Ripple (XRP) Price Today
XRP price stood at $0.5291, seeing a 24-hour gain of 0.51 percent. As per WazirX, Ripple price stood at Rs 47.26.
Solana (SOL) Price Today
Solana price stood at $142.93, marking a 24-hour dip of 2.50 percent. As per WazirX, SOL price in India stood at Rs 13,100.
Top Crypto Gainers Today (April 26)
As per CoinMarketCap data, here are the top five crypto gainers over the past 24 hours:
Wormhole (W)
Price: $0.6213
24-hour gain: 15.39 percent
NEAR Protocol (NEAR)
Price: $7.38
24-hour gain: 10.09 percent
Bonk (BONK)
Price: $0.00002533
24-hour gain: 9.54 percent
Theta Fuel (TFUEL)
Price: $0.1241
24-hour gain: 9.05 percent
BitTorrent (New) (BTT)
Price: $0.000001324
24-hour gain: 5.90 percent
Top Crypto Losers Today (April 26)
As per CoinMarketCap data, here are the top five crypto losers over the past 24 hours:
EOS (EOS)
Price: $0.8136
24-hour gain: 9.34 percent
Ronin (RON)
Price: $2.97
24-hour gain: 6.75 percent
Pendle (PENDLE)
Price: $5.75
24-hour gain: 4.82 percent
Akash Network (AKT)
Price: $4.75
24-hour gain: 4.73 percent
Immutable (IMX)
Price: $2.08
24-hour gain: 4.13 percent
What Crypto Exchanges Are Saying About Current Market Scenario
Mudrex co-founder and CEO Edul Patel told ABP Live, “In the last 24 hours, Bitcoin rose above the $64,000 level in the past 24 hours after the US economic growth in the first quarter fell short of expectation. Bitcoin faces immediate resistance at $66,200 and support at $63,700. Meanwhile, Ethereum is striving to reclaim ground above $3,100, with clearing $3,200 essential for sustained upward momentum.”
Rajagopal Menon, Vice President, WazirX, said, “Bitcoin prices mildly recovered amid a perfect storm of negative news. Proposed tax hikes on capital gains and unrealized gains spooked investors, while the arrest of developers behind a privacy wallet raised red flags about regulatory overreach. Top it off with a big sell-off by a major institutional holder, and you’ve got a recipe for a down day in the crypto market. BTC faces resistance at $64,500, followed by $65k and $65.5k levels. Surpassing this could take Bitcoin back to $66k levels.”
Sathvik Vishwanath, CEO and co-founder of Unocoin, said, “BlackRock’s 71-day ETF inflow streak has ended, impacting Bitcoin market momentum. BlackRock’s IBIT saw its first drop in investment since January, with other funds also experiencing cooling enthusiasm. Hong Kong plans to launch bitcoin and ether ETFs to challenge US dominance in digital assets. Fidelity’s Bitcoin ETF received a record investment of $40 million, signaling institutional confidence despite low public participation. The current price of Bitcoin is $64,165, with a pivot point of $65,825. Resistance levels are at $67,687, $69,232 and $71,068, while support levels are at $63,654, $61,387 and $59,746, suggesting a bearish stance below $65,825.”
Shivam Thakral, CEO of BuyUcoin, said, “The price of Bitcoin briefly fell below $63,000 as the entire crypto market took a hit, driven by concerns about inflation and slower growth in the U.S. Meanwhile, Hong Kong’s newly authorized ETFs for Bitcoin and Ethereum are poised to debut on April 30, 2024, signalling an upcoming increase in Bitcoin demand and a short-term bullish sentiment in the crypto market. After the Hong Kong ETF launch, we can expect a similar price momentum to that of January for Bitcoin, which could potentially push the largest crypto to a new ATH in the upcoming months.”
CoinDCX Research Team told ABP Live, “In the last 24 hours, the crypto market saw a downturn as US GDP data came in lower than expected, coupled with concerns over BTC ETF inflows, particularly from BlackRock, which reported zero inflows for the first time. From a technical standpoint, both BTC and ETH showed mixed movements. BTC needs to surpass the $67000 mark to resume its upward trend toward its local all-time high. Similarly, ETH must reclaim the $3200 level for a similar upward movement. Additionally, the decrease in BTC dominance over the past few days could potentially benefit altcoins if BTC continues to rise gradually.”
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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.
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