Bitcoin (BTC), the world’s oldest and most valuable cryptocurrency, continued its long-awaited rally by surpassing the $72,000 mark early Wednesday. Other popular altcoins such as Ethereum (ETH), Dogecoin (DOGE), Solana (SOL), Ripple (XRP), and Litecoin (LTC) landed in the green across the board as the overall market fear and greed index rose. . According to CoinMarketCap data, it has a score of 67 out of 100 (Greed). The SUI token was the biggest gainer for the second day in a row, rising over 12% in 24 hours. Kaspa (KAS) was the biggest loser, dropping nearly 7% in 24 hours.
At the time of writing, the global cryptocurrency market capitalization was $2.39 trillion, an increase of 1.37% in 24 hours.
Bitcoin (BTC) price today
According to CoinMarketCap, Bitcoin price was $72,534.70, up 1.94 percent in 24 hours. According to Indian exchanges, the BTC price stood at Rs 57.04 million.
Ethereum (ETH) price today
ETH price is $2,681.15, up 2.29% in 24 hours at the time of writing. Ethereum price in India was 2.09 billion rupees.
Dogecoin (DOGE) price today
According to data from CoinMarketCap, DOGE has registered an increase of 7.22% in 24 hours and is currently priced at $0.1767. Dogecoin price in India was 12 rupees.
Litecoin (LTC) price today
Litecoin rose 1.36% in 24 hours. At the time of writing, it was trading at $72.95. The LTC price in India was Rs 5,943.60.
Ripple (XRP) price today
XRP price was $0.526, up 0.45% in 24 hours. Ripple price in India was 43.14 rupees.
Solana (SOL) price today
Solana price was $180.28, down 0.36% in 24 hours. The SOL price in India was Rs 14,951.54.
Top crypto earners today (October 30th)
According to data from CoinMarketCap, the top 5 cryptocurrencies that gained in the past 24 hours are:
Sui (SUI)
Price: $2.07
24 hour increase: 12.04%
Manufacturer (MKR)
Price: $1,206.21
24 hour increase: 7.91 percent
SEI
Price: $0.4115
24 hour increase: 7.34%
Dogecoin (DOGE)
Price: $0.1766
24-hour increase: 7.13%
Floki (Floki)
Price: $0.0001507
24 hour increase: 5.04%
Top Cryptocurrency Losers Today (October 30th)
According to CoinMarketCap data, the top 5 crypto losers in the past 24 hours are:
Kaspa (KAS)
Price: $0.1122
24 hour loss: 6.24 percent
Brett (Bass) (BRETT)
Price: $0.09937
24 hour loss: 3.57 percent
Bitcoin SV (BSV)
Price: $50.99
24 hour loss: 3.13 percent
First color on Ethereum (NEIRO)
Price: $0.001663
24 hour loss: 2.56 percent
Cats in the Dog World (MEW)
Price: $0.009925
24 hour loss: 2.40 percent
What crypto exchanges are saying about the current market scenario
Mudrex co-founder and CEO Edul Patel told ABP Live: “Continuing this momentum, Bitcoin rose to a record high of $73,500 before investors turned to take profits. “It was close to its value of $73,750.” BTC, currently stable at $72,400, saw record trading volume of $3 billion into spot ETFs, fueling BTC price movements. With the technical chart looking solid, BTC is poised to create a new ATH in the coming days. Bitcoin resistance lies at $74,000 and strong support lies at $70,000. ”
Avinash Shekhar, co-founder and CEO of Pi42, said: “Bitcoin’s recent rally, approaching all-time highs, shows the growing momentum and confidence in the digital asset.” said. With spot ETF trading volume exceeding $3 billion and significant short-term liquidations, it’s clear that investor interest is accelerating as the US presidential election approaches. The outcome of this election could have a significant impact on global markets, and Bitcoin as an important digital asset may experience increased volatility. As institutional adoption increases, Bitcoin continues to establish itself as a key strategic asset, and short-term market reactions will be shaped by both political and economic developments. ”
Satvik Vishwanath, co-founder and CEO of Unocoin, said: “Bitcoin hits new highs in October, ending the month on a strong note, driven by increased buying pressure. “We aim to trade around $72,200.” BTC recently crossed the $73,700 resistance level and reached a market cap of $1.45 trillion. Foreign exchange reserves are at record lows, suggesting strong investor demand, while Bitcoin ETFs have seen $3.9 billion in inflows since October 11. The price hike is linked to the rising odds of Donald Trump’s election campaign promising a pro-crypto stance. If BTC rises above its all-time high of $73,777, it could further strengthen October’s historic bullish trend. ”
Shivam Thakral, CEO of BuyUcoin, said: “Over the past 24 hours, Bitcoin (BTC) has soared above $73,000, reaching an impressive all-time high of $73,500. It has reached its peak,” he said. The surge has been driven by strong demand from institutional investors, with U.S. Bitcoin ETF holdings reaching an all-time high of $66 billion. Markets are optimistic as Bitcoin open interest surged by $2 billion in just 48 hours, reflecting increased trading activity. Factors such as the success of spot ETFs and favorable economic conditions further strengthen the positive outlook for Bitcoin. Investors are optimistic that BTC needs to close above $76,000 to confirm a sustained breakout, indicating strong bullish momentum as institutional interest continues to grow. There is. ”
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Disclaimer: Crypto products and NFTs are unregulated and can be extremely risky. There may be no regulatory remedy for losses from such transactions. Cryptocurrencies are not legal tender and are therefore subject to market risks. Readers are advised to seek professional advice and carefully read the offer document together with relevant key literature on the subject before making any type of investment. Cryptocurrency market predictions are speculative and investments are made at the reader’s sole expense and risk.
