Stock Markets
Daily Stock Markets News

Bitcoin Dips To $64,000 As Top Coins Land In Reds


Bitcoin (BTC), the world’s oldest and most valued cryptocurrency, dipped down to $64,000 early Thursday. Other popular altcoins — including the likes of Ethereum (ETH), Dogecoin (DOGE), Ripple (XRP), Solana (SOL), and Litecoin (LTC) — landed in the reds across the board as the overall Market Fear & Greed Index stood at 60 (Neutral) out of 100, as per CoinMarketCap data. The EOS token emerged as the biggest gainer of the lot, with a 24-hour jump of over 4 percent. HBAR, which was the biggest gainer yesterday, became the biggest loser today, with a 24-hour dip of over 34 percent. 

The global crypto market cap stood at $2.37 trillion at the time of writing, registering a 24-hour gain of 3.54 percent.

Bitcoin (BTC) Price Today

Bitcoin price stood at $64,223.05, registering a 24-hour dip of 4.23 percent, as per CoinMarketCap. According to Indian exchange WazirX, BTC price stood at Rs 58.30 lakh.

Ethereum (ETH) Price Today

ETH price stood at $3,150.10 marking a 24-hour dip of 3.49 percent at the time of writing. As per WazirX, Ethereum price in India stood at Rs 2.87 lakh.

Dogecoin (DOGE) Price Today

DOGE registered a 24-hour loss of 7.75 percent, as per CoinMarketCap data, currently priced at $0.1505. As per WazirX, Dogecoin price in India stood at Rs 13.73.

Litecoin (LTC) Price Today

Litecoin saw a 24-hour dip of 3.24 percent. At the time of writing, it was trading at $83.58. LTC price in India stood at Rs 7,500.

Ripple (XRP) Price Today

XRP price stood at $0.5264, seeing a 24-hour loss of 4.49 percent. As per WazirX, Ripple price stood at Rs 47.

Solana (SOL) Price Today

Solana price stood at $147.03, marking a 24-hour dip of 7.61 percent. As per WazirX, SOL price in India stood at Rs 13,301. 

Top Crypto Gainers Today (April 25)

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

EOS (EOS)

Price: $0.8984
24-hour gain: 4.81 percent

Tron (TRX)

Price: $0.1141
24-hour gain: 0.43 percent

UNUS SED LEO (LEO)

Price: $5.77
24-hour gain: 0.23 percent

BNB (BNB)

Price: $606.55
24-hour gain: 0.02 percent

FLOKI (FLOKI)

Price: $3.06
24-hour gain: 6.64 percent

Top Crypto Losers Today (April 25)

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

Hedera (HBAR)

Price: $0.1139
24-hour gain: 34.80 percent

Starknet (STRK)

Price: $1.18
24-hour gain: 14.67 percent

dogwifhat (WIF)

Price: $2.88
24-hour gain: 14.21 percent

Bonk (BONK)

Price: $0.00002343
24-hour gain: 13.37 percent

Worldcoin (WLD)

Price: $4.82
24-hour gain: 13.18 percent

What Crypto Exchanges Are Saying About Current Market Scenario

Mudrex co-founder and CEO Edul Patel told ABP Live, “Over the past 24 hours, Bitcoin has been trading around the $64,000 mark, witnessing a surge in long liquidations. Despite attempts, it has struggled to break through the $67,000 barrier in recent days. The bearish sentiment has been fueled by various factors including Israeli airstrikes, a global credit agency’s cautionary note on China, and subdued corporate earnings in the Middle East. However, Bitcoin has managed to hold above the crucial $60,000 threshold, with buyers stepping in to defend the lower levels. Presently, the support for Bitcoin rests at $62,800 while resistance looms at $66,100.”

The CoinSwitch Markets Desk noted, “Bitcoin continues its downside movement for the second day straight as it went below the $64k mark briefly before retracing above the same. With BTC halving now 5 days old, the market leader has traded below $64k for the first time since the halving. Standard Chartered analysts are however claiming that the price action still remains bullish. They also believe that delays in Ethereum ETF are most likely to happen.”

Rajagopal Menon, Vice President, WazirX, said, “Bitcoin’s recent decline has breached its critical support level of $65,000, initiating a correction phase. Priced at $64,223, it represents a slight 0.12% decrease over the past day. Rising geopolitical tensions in the Middle East and the reattachment of the S&P 500 to Bitcoin’s price movements add complexity, reflecting broader market sentiment.Concerns persist about a deeper correction with the next support level projected at $61,000, exacerbated by high US interest rates affecting liquidity. However, institutional investors remain bullish, directing funds into BTC via ETFs.”

Sathvik Vishwanath, CEO and co-founder of Unocoin, said, “Bitcoin price nears $70,000 as institutional investment rises, suggesting market recovery. Grayscale’s GBTC holds nearly 300,000 bitcoins while new spot bitcoin ETFs emerge. The Bitcoin Improvement Proposal (BIP) process is undergoing a transformation with five new editors designed to accelerate development and strengthen community engagement. Hong Kong launches bitcoin and ether ETFs to compete with the…



Read More: Bitcoin Dips To $64,000 As Top Coins Land In Reds

Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments

Get more stuff like this
in your inbox

Subscribe to our mailing list and get interesting stuff and updates to your email inbox.

Thank you for subscribing.

Something went wrong.