Bitcoin (BTC), the world’s oldest and most valuable cryptocurrency, surpassed the $69,000 level for the first time this month, resulting in record weekly inflows into spot ETFs, with $2 billion inflows in the last week. did. 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 63 out of 100 (Greed). DYDX token rose over 27 percent in 24 hours, becoming the biggest gainer. AERO was the biggest loser, losing more than 2% in 24 hours.
At the time of writing, the global cryptocurrency market capitalization was $2.39 trillion, an increase of 2.10% in 24 hours.
Bitcoin (BTC) price today
According to CoinMarketCap, Bitcoin price was $69,046.29, up 1.46 percent in 24 hours. According to Indian exchanges, the BTC price stood at Rs 58.06 million.
Ethereum (ETH) price today
ETH price is $2,736.69, up 3.61% in 24 hours at the time of writing. Ethereum price in India was 230,000 rupees.
Dogecoin (DOGE) price today
According to data from CoinMarketCap, DOGE has registered an increase of 5.08% in 24 hours and is currently priced at $0.1485. Dogecoin price in India was Rs 12.45.
Litecoin (LTC) price today
Litecoin fell by 0.89% in 24 hours. At the time of writing, it was trading at $74. The LTC price in India was Rs 6,223.45.
Ripple (XRP) price today
XRP price was $0.5477, up 1.09% in 24 hours. Ripple price in India was 46.04 rupees.
Solana (SOL) price today
Solana price was $169.84, up 6.24% in 24 hours. SOL price in India was Rs 14,312.59.
Top crypto earners today (October 21st)
According to data from CoinMarketCap, the top 5 cryptocurrencies that gained in the past 24 hours are:
dYdX (Native) (DYDX)
Price: $1.26
24-hour increase: 27.09 percent
Ape Coin (APE)
Price: $1.47
24 hour increase: 20.82 percent
Mina (Mina)
Price: $0.6592
24 hour increase: 14.22 percent
Pop Cat (SOL) (Pop Cat)
Price: $1.40
24 hour increase: 11.77 percent
Mogcoin (MOG)
Price: $0.000002246
24-hour increase: 11.03%
Top Cryptocurrency Losers Today (October 21st)
According to CoinMarketCap data, the top 5 crypto losers in the past 24 hours are:
Airfield Finance (AERO)
Price: $1.28
24 hour loss: 2.03 percent
Mantra (OM)
Price: $1.48
24 hour loss: 1.47 percent
Litecoin (LTC)
Price: $74.08
24 hour loss: 0.72 percent
Tron (TRX)
Price: $0.1559
24 hour loss: 0.24 percent
UNUS SED Leo (Leo)
Price: $6.09
24 hour loss: 0.22 percent
What crypto exchanges are saying about the current market scenario
“Bitcoin continues its upward momentum and is currently trading at $68,800. This surge has pushed spot ETFs to record weekly inflows,” Mudrex co-founder and CEO Edul Patel told ABP Live. The rally has seen other major cryptocurrencies rise, including Ethereum, Dogecoin, and Solana, which rose as much as 6% in a single day. Investors are becoming more optimistic about a more crypto-friendly environment as Bitcoin approaches near-term, further fueling market activity. Bitcoin currently faces near-term resistance at $69,200, a key support. is $67,300.
“Led by October’s historic bullish trend, Bitcoin soared above the $69,000 level for the first time in three months,” CoinSwitch Market Desk said. This move suggests the possibility of a new all-time high as the bullish trend continues to strengthen. It should be noted here that OND quarters (October, November, December) have always been bullish historically, especially in the case of BTC halving. ”
“Bitcoin (BTC) has risen about 9% in less than a week, approaching the critical level of $70,000,” said Avinash Shekhar, co-founder and CEO of Pi42. said. Bitcoin is currently trading at $68,700 on the back of Kamala Harris’ support for the cryptocurrency, Trump’s 60% chance of re-election, low interest rates, and receding concerns about World War III. The bulls are positive and see the price near $72,000 as a short-term target, while the bears will protect against a drop below $66,500. Meanwhile, Ethereum (ETH) has broken out of the symmetrical triangle and is showing strong bullish momentum. The price could continue to rise to $2,850, which could lead to selling pressure. The retest structure here indicates buy-on-the-touch, while a drop below the 20-day EMA indicates bearish sentiment. Solana (SOL) is approaching a key resistance level at $169. A close above will complete a bullish ascending triangle with a target of $189. Today, Monday, the global market capitalization reached $2.38 trillion, an increase of 1.69% from the previous day. ”
Satvik Vishwanath, CEO and co-founder of Unocoin, said: “Bitcoin is in a strong uptrend in the short, medium and long term, and the rising channel indicates growing optimism.” There is no resistance in the short term, and further growth can be expected. An RSI above 70 indicates positive momentum, but a pullback is possible. In the medium term, Bitcoin broke through the resistance level at 67,241, suggesting a possible rally to 84,547 despite weak volume correlation. In the long term, we expect the positive trend to continue and continued profits. Although the currency is technically rated as favorable on all time frames, there may be resistance at 70,000 points, so caution is advised. ”
“Bitcoin has soared to a nearly three-month high of around $69,400, reflecting a solid 7% increase over the past week,” said Shivam Thakral, CEO of BuyUcoin. I did,” he said. This bullish momentum is fueled by the SEC’s recent approval of options related to 11 Bitcoin ETFs that increase liquidity and market efficiency. The move is expected to attract institutional investors, stabilize Bitcoin’s volatility, and open the door to sustained growth. The future looks bright for Bitcoin as the introduction of these advanced financial instruments will develop the crypto market, paving the way for investment and increasing accessibility for all investors. ”
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Disclaimer: Crypto products and NFTs are unregulated and can be extremely risky. Regulatory remedies may not be available 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.
