Bitcoin (BTC), the world’s oldest and most valued cryptocurrency, remained secure throughout the $70,000 vary over the weekend. Different fashionable altcoins — together with the likes of Ethereum (ETH), Dogecoin (DOGE), Ripple (XRP), Solana (SOL), and Litecoin (LTC) — largely landed within the greens throughout the board. The CORE token turned the most important gainer of the lot, with a 24-hour bounce of a whopping 68 %. Fetch.ai (FET) turned the most important loser of the lot, with a 24-hour dip of over 5 %.
The worldwide crypto market cap stood at $2.68 trillion on the time of writing, registering a 24-hour achieve of 1.53 %.
Bitcoin (BTC) Worth In the present day
Bitcoin worth stood at $70,535.19, registering a 24-hour achieve of 0.61 %, as per CoinMarketCap. In keeping with Indian trade WazirX, BTC worth stood at Rs 59.50 lakh.
Ethereum (ETH) Worth In the present day
ETH worth stood at $3,610.58, marking a 24-hour bounce of two.06 % on the time of writing. As per WazirX, Ethereum worth in India stood at Rs 3.06 lakh.
Dogecoin (DOGE) Worth In the present day
DOGE registered a 24-hour achieve of 6.78 %, as per CoinMarketCap information, presently priced at $0.2162. As per WazirX, Dogecoin worth in India stood at Rs 18.16.
Litecoin (LTC) Worth In the present day
Litecoin noticed a 24-hour bounce of 6.94 %. On the time of writing, it was buying and selling at $110.32. LTC worth in India stood at Rs 9,300.23.
Ripple (XRP) Worth In the present day
XRP worth stood at $0.6278, seeing a 24-hour achieve of 0.85 %. As per WazirX, Ripple worth stood at Rs 53.19.
Solana (SOL) Worth In the present day
Solana worth stood at $203.27, marking a 24-hour bounce of 4.56 %. As per WazirX, SOL worth in India stood at Rs 16,845.94.
High Crypto Gainers In the present day (April 1)
As per CoinMarketCap information, listed below are the highest 5 crypto gainers over the previous 24 hours:
Core (CORE)
Worth: $2.75
24-hour achieve: 68.81 %
Jupiter (JUP)
Worth: $1.84
24-hour achieve: 24.71 %
Bitcoin Money (BCH)
Worth: $682.62
24-hour achieve: 15.31 %
Pendle (PENDLE)
Worth: $5.22
24-hour achieve: 11.45 %
Theta Community (THETA)
Worth: $3.09
24-hour achieve: 10.29 %
High Crypto Losers In the present day (April 1)
As per CoinMarketCap information, listed below are the highest 5 crypto losers over the previous 24 hours:
Fetch.ai (FET)
Worth: $3.01
24-hour loss: 5.67 %
ORDI (ORDI)
Worth: $68.22
24-hour loss: 4.78 %
SATS (1000SATS)
Worth: $0.0005323
24-hour loss: 3.80 %
Conflux (CFX)
Worth: $0.4572
24-hour loss: 3.08 %
SingularityNET (AGIX)
Worth: $1.27
24-hour loss: 2.88 per cent
What Crypto Exchanges Are Saying About Present Market Situation
Mudrex co-founder and CEO Edul Patel informed ABP Reside, “Very like the vast majority of final week, the final 24 hours have seen Bitcoin’s worth principally transferring sideways, consolidating across the $71,000 mark. Bitcoin buying and selling quantity has risen by roughly 19% within the final day, with over $20 billion value of Bitcoin traded throughout this time. Bitcoin’s subsequent resistance stage is at $71,781, whereas its subsequent help stage is at $70,708. In the meantime, Ethereum has been experiencing constant shopping for strain, a development that persevered within the final 24 hours. General, the crypto market continues to exhibit excessive greed.”
Parth Chaturvedi, Investments Lead, CoinSwitch Ventures, mentioned, “The crypto markets continued to climb over the weekend, as total M.Cap. hit its highest level within the final 15 days. BTC (+1.4%) was rangebound with an upward bias, buying and selling between $70k and $71k. For BTC to proceed its upward march, it must break the essential resistance of $71.5k, which can open robust potentialities for BTC to cross $75k. Concurrently, ETH (+2.4%) continued its upward worth efficiency over the weekend. Whereas ETH is experiencing an total optimistic worth motion, its liquid provide appears to be declining. As per Glassnode information, simply 11% of ETH’s complete provide is presently obtainable for energetic buying and selling, down from 15.8% similar time final 12 months. Nonetheless, given the investor sentiment and whale accumulation sample, this has solely bolstered ETH’s worth by over 50% because the starting of 2024.”
Rajagopal Menon, Vice President, WazirX, mentioned, “Bitcoin (BTC) continues consolidating round $70,000, with bulls eyeing a breakout within the upcoming week. Nonetheless, a major sell-wall looms at $72,500. Trade analysts recommend BTC may surge properly past $150,000, reaching $700,000 by the subsequent decade’s finish. The current rally, propelled by ETF approvals, may see additional momentum after the halving occasion. Historic tendencies point out Bitcoin’s worth sometimes peaks months post-halving. Ethereum (ETH) maintains strong help above $3,600, signalling bullish sentiment, whereas SOL trades steadily above $200, indicating promising prospects for future features.”
Sathvik Vishwanath, CEO and co-founder of Unocoin, mentioned, “Bitcoin’s day by day buying and selling quantity fell to $16 billion, prompting warning amongst buyers regardless of a slight rise to $70,098. The rise of spot bitcoin ETFs, which have amassed $30 billion in three months, alerts Wall Avenue’s acceptance of the cryptocurrency. Regulatory hurdles stay, however the development suggests wider institutional adoption. Economist Peter Schiff warns of a looming monetary disaster, citing inflationary pressures as the rationale and advocating a reassessment of coverage. Famend creator Robert Kiyosaki advises ditching the US greenback for bitcoin, gold and silver amid financial uncertainty and predicts a surge in bitcoin’s worth. Bitcoin’s present worth at $70,050 with resistance at $71,600 suggests a cautious however optimistic market stance. Holding help above $68,770 is vital to sustaining bullish momentum.”
Shivam Thakral, CEO of BuyUcoin, mentioned, “Since final week, Bitcoin has been attempting to interrupt the $71500 resistance solely to fall again to the $70,000 stage. An necessary stage to carry for the most important cryptocurrency is the help of $69,000, failure to take action may push it to $65,000. It will be attention-grabbing to see how the Bitcoin worth motion unfolds this halving with simply 22 days left roughly for the 4th Bitcoin halving.”
CoinDCX Analysis Crew informed ABP Reside, “Over the weekend, the market remained bullish, with ETH main the cost over BTC. BTC maintains its upward development with the halving on the horizon, holding above the essential $69,000 stage and the 20 EMA D. A decline in BTC dominance favours altcoins. ETH’s efficiency has been notable, and it is poised for additional features. Technically, clearing the $3650 mark is crucial for sustained momentum. Key help ranges for BTC are round $69,000, $65,550, and $62,000, with resistance at $71,400 and $72,700. For ETH, help ranges embrace $3425, $3300, and $3200, whereas resistance is at $3,650, $3,870, and $4,070.”
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Disclaimer: Crypto merchandise and NFTs are unregulated and may be extremely dangerous. There could also be no regulatory recourse for any loss from such transactions. Cryptocurrency just isn’t a authorized tender and is topic to market dangers. Readers are suggested to hunt skilled recommendation and skim supply doc(s) together with associated necessary literature on the topic fastidiously earlier than making any form of funding in any respect. Cryptocurrency market predictions are speculative and any funding made shall be on the sole price and danger of the readers.
