Cryptocurrency price on September 27 quick take: The global market cap jumped to $2.29 trillion.
Bitcoin (BTC), the worldâs oldest and most valued cryptocurrency, managed to rise above the $65,000 mark early Friday. Other popular altcoins â including the likes of Ethereum (ETH), Dogecoin (DOGE), Solana (SOL), Ripple (XRP), and Litecoin (LTC) â landed in the greens across the board as the overall Market Fear & Greed Index stood at 54 (Neutral) out of 100, as per CoinMarketCap data. 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.
The global crypto market cap stood at $2.29 trillion at the time of writing, registering a 24-hour gain of 2.48 percent.
đ„Bitcoin (BTC) Price Todayđ„
Bitcoin price stood at $65,280.48, registering a 24-hour jump of 2.51 percent, as per CoinMarketCap. According to Indian exchanges, BTC price stood at Rs 53.16 lakh.
đ„Ethereum (ETH) Price Todayđ„
ETH price stood at $2,647.30, marking a 24-hour gain of 1.26 percent at the time of writing. Ethereum price in India stood at Rs 1.98 lakh.
đ„Dogecoin (DOGE) Price Todayđ„
DOGE registered a 24-hour jump of 10.39 percent, as per CoinMarketCap data, currently priced at $0.1211. Dogecoin price in India stood at Rs 9.04.
đ„Ripple (XRP) Price Todayđ„
XRP price stood at $0.5899, seeing a 24-hour jump of 1.03 percent. Ripple price in India stood at Rs 49.50.
đ„Solana (SOL) Price Todayđ„
Solana price stood at $150.82, marking a 24-hour jump of 0.85 percent. SOL price in India stood at Rs 12,236.74.
đ„Shiba Inu (SHIB)đ„
Price: $0.00001901
24-hour gain: 21.47 percent
đ„Bonk (BONK)đ„
Price: $0.0000221
24-hour gain: 16.99 percent
đ„What Crypto Exchanges Are Saying About Current Market Scenariođ„
âĄMudrex co-founder and CEO Edul Patel told ABP Live, âBitcoin 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.â
âĄCoinSwitch Markets Desk noted, âBitcoin 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.â
âĄAvinash Shekhar, Co-founder & CEO, Pi42, said, âThis 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, and investors are watching this closely. Optimism is that the gains in BTC and other assets can lead to changes in positive market sentiments."
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