Bitcoin (BTC), the world’s oldest and most valuable cryptocurrency, managed to remain stable within the $67,000 range over the weekend. Other popular altcoins such as Ethereum (ETH), Dogecoin (DOGE), Solana (SOL), Ripple (XRP), and Litecoin (LTC) have seen general ups and downs due to market-wide fear and decline. It was mixed. According to data from CoinMarketCap, the Greed Index scored 54 out of 100 (neutral). MANTRA (OM) token was the biggest gainer, rising nearly 11% in 24 hours. Memecoin cat in a Dogs World (MEW) was the biggest loser, losing nearly 11% in 24 hours.
At the time of writing, the global cryptocurrency market capitalization was $2.3 trillion, registering an increase of 0.58% in 24 hours.
Bitcoin (BTC) price today
According to CoinMarketCap, Bitcoin price was $67,807.14, up 1.09% in 24 hours. According to Indian exchanges, the BTC price stood at Rs 57.04 million.
Ethereum (ETH) price today
ETH price is $2,481.89, up 0.19% in 24 hours at the time of writing. Ethereum price in India was 2.09 billion rupees.
Dogecoin (DOGE) price today
According to CoinMarketCap data, DOGE has gained 3.43% in 24 hours and is currently priced at $0.1425. Dogecoin price in India was 12 rupees.
Litecoin (LTC) price today
Litecoin rose 2.58% in 24 hours. At the time of writing, it was trading at $70.69. The LTC price in India was Rs 5,943.60.
Ripple (XRP) price today
XRP price was $0.5126, down 0.25% in 24 hours. Ripple price in India was 43.14 rupees.
Solana (SOL) price today
Solana price was $173.99, up 0.25% in 24 hours. The SOL price in India was Rs 14,951.54.
Top crypto earners today (October 28th)
According to data from CoinMarketCap, the top 5 cryptocurrencies that gained in the past 24 hours are:
Mantra (OM)
Price: $1.40
24 hour increase: 10.22 percent
Dogecoin (DOGE)
Price: $0.143
24 hour increase: 3.67%
Phantom (FTM)
Price: $0.6662
24 hour increase: 3.23%
Ordi (ORDI)
Price: $33.05
24 hour increase: 3.17%
Raydium (RAY)
Price: $3.29
24 hour increase: 2.76%
Top Cryptocurrency Losers Today (October 28th)
According to CoinMarketCap data, the top 5 crypto losers in the past 24 hours are:
Cats in the Dog World (MEW)
Price: $0.00912
24 hour loss: 10.21 percent
Sui (SUI)
Price: $1.68
24 hour loss: 7.56 percent
Mogcoin (MOG)
Price: $0.000001677
24 hour loss: 6.14 percent
Celestia (TIA)
Price: $5.06
24 hour loss: 5.91 percent
SEI
Price: $0.3599
24 hour loss: 4.77 percent
What crypto exchanges are saying about the current market scenario
Edul Patel, co-founder and CEO of Mudrex, told ABP Live: “After a weekend of high volatility due to tensions in the Middle East, Bitcoin is trending higher, reaching around $67,600. It is being traded at.” Nevertheless, BTC remains strong above $67,000, supported by ETF inflows that totaled $3 billion in October. Bitcoin’s market power is approaching 60%, and momentum is likely to continue, driven by growing interest from retail and institutional investors. BTC is facing resistance at $68,300, with major support at $66,100. ”
The CoinSwitch Market Desk said, “BTC ended last week with a very important weekly close above the USD 68,000 mark, which is likely to be an all-time high soon, barring any issues like a full-scale war in the Israeli region.” This means that we are seeing an increase in the With the results for the next US president just a week away, President Trump’s possible victory is also seen as a positive development by the crypto community. In addition, President Trump has already announced plans to put Elon Musk at the head of the new Department of Government Efficiency (DOGE) if elected, which could restart the rise of Musk’s favorite virtual currency Dogecoin. There is also gender. ”
“Bitcoin is trading at $67,822 and is at a critical point,” said Avinash Shekhar, co-founder and CEO of Pi42. Although BTC fell more than 2% this week, buyers were able to defend the $65,000 level and push the price back above $67,500. Bitcoin momentum remains positive as long as it stays above $65,000. If buyers are able to push the price above $69,550, the bullish trend could move to the upper end of the range at $73,777, and the price could encounter resistance at $70,000. ”
“On October 25th, sellers tried to push Bitcoin below its 20-day exponential moving average of $66,201,” said Satvik Vishwanath, co-founder and CEO of Unocoin. “Buyers remain supportive, indicating positive market sentiment.” To gain upward momentum, buyers will need to push Bitcoin above $69,550, with significant resistance at $70,000 and a possible $72,000 target. Conversely, if the price closes below $65,000, momentum shifts to the bears, risking a fall to the 50-day simple moving average of $63,259 and the key support of $60,000. The 4-hour chart shows a flat moving average and RSI near the midpoint, reflecting the balance between supply and demand. ”
Shivam Thakral, CEO of BuyUcoin, said, “In the past 24 hours, Bitcoin (BTC) rose 0.71% to $67,613, while Solana (SOL) “It’s up an incredible 3.13% for the week, hitting $174.” FTX’s settlement of its lawsuit against Bybit for $228 million and the withdrawal of $175 million in digital assets were among the major events this weekend that should boost market confidence. be. This development marks a positive change as FTX moves closer to repaying affected customers. Additionally, the growing demand for AI meme coins has positioned Solana as a leader in this new market, accelerating price growth. ”
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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.
