Bitcoin (BTC), the world’s oldest and most valuable cryptocurrency, remained below the $62,000 level early Thursday. Other popular altcoins such as Ethereum (ETH), Dogecoin (DOGE), Solana (SOL), Ripple (XRP), and Litecoin (LTC) are all in the red as the overall market fear and greed index slumps. Ta. 36 out of 100 (fear) according to CoinMarketCap data. Flare (FLR) token rose over 17% in 24 hours, becoming the biggest gainer. BEAM was the top loser with a loss of over 16% in 24 hours.
At the time of writing, the global cryptocurrency market capitalization was $2.11 trillion, a decline of 1.11% in 24 hours.
Bitcoin (BTC) price today
According to CoinMarketCap, Bitcoin price was $60,985.07, down 0.61 percent in 24 hours. According to Indian exchanges, the BTC price stood at Rs 54.06 million.
Ethereum (ETH) price today
ETH price was $2,367.03, down 1.15% in 24 hours at the time of writing. Ethereum price in India was 2.21 billion rupees.
Dogecoin (DOGE) price today
According to data from CoinMarketCap, DOGE registered an increase of 0.88% in 24 hours and is currently priced at $0.1068. Dogecoin price in India was Rs 10.30.
Litecoin (LTC) price today
Litecoin rose 0.44% in 24 hours. At the time of writing, it was trading at $64.09. The LTC price in India was Rs 5,725.42.
Ripple (XRP) price today
XRP price was $0.5255, down 2.36% in 24 hours. Ripple price in India was 54.14 rupees.
Solana (SOL) price today
Solana’s price was $137.71, down 3.29% in 24 hours. SOL price in India was Rs 12,236.74.
Top crypto earners today (October 4th)
According to data from CoinMarketCap, the top 5 cryptocurrencies that gained in the past 24 hours are:
Flare (FLR)
Price: $0.01733
24-hour increase: 17.54 percent
Wormhole (W)
Price: $0.3447
24 hour increase: 7.97 percent
Stack (STX)
Price: $1.83
24 hour increase: 5.47%
Aptos (APT)
Price: $8.20
24 hour increase: 5.26%
eCash (XEC)
Price: $0.00003449
24 hour increase: 3.67%
Top Cryptocurrency Losers Today (October 4th)
According to CoinMarketCap data, the top 5 crypto losers in the past 24 hours are:
Sui (SUI)
Price: $1.65
24 hour loss: 14.96 percent
BONK
Price: $0.0000199
24 hour loss: 12.62 percent
Conflux (CFX)
Price: $0.1611
24 hour loss: 11.87 percent
Sei (SEI)
Price: $0.3846
24 hour loss: 10.76 percent
Dogwifat (WIF)
Price: $2.03
24 hour loss: 9.45 percent
What crypto exchanges are saying about the current market scenario
Edul Patel, co-founder and CEO of Mudrex, told ABP Live: “Bitcoin has fallen from $60,000 to $61,000 as investors wait for further geopolitical clarity. It is trading within a narrow range of $1,000,” he said. BTC support level remains at $60,000 and resistance level remains at $61,500. BlackRock’s report states that Bitcoin’s volatility has significantly decreased and will continue to do so, and investor confidence in BTC remains strong. Meanwhile, Ethereum is also facing a decline, correcting by 10% in a week and currently trading at the 2,350 level. ”
“According to CoinMarketCap’s quarterly report, three major US-related factors will impact Bitcoin prices in the fourth quarter,” said Satvik Vishwanath, CEO and co-founder of Unocoin. Ta. BTC is currently trading 0.81% lower at $60,954 with support at $60,000 and resistance at $64,000. First, macroeconomic conditions, particularly the Federal Reserve’s interest rate decisions and signs of a recession, could limit Bitcoin’s growth. Second, US regulatory policy towards cryptocurrencies can either increase or dampen market enthusiasm. Finally, institutional investments, especially investments in Bitcoin ETFs, can have a significant impact on prices. Strong currents can lead to upwelling. So far, the stock has gained an average of 90.33% in the fourth quarter, indicating the potential for a new all-time high by the end of the year due to a change in sentiment. ”
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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.
