All posts tagged: Altcoins

Crypto Price Today: Bitcoin Price Hovers Around ,000 as Altcoins Face Market Volatility

Crypto Price Today: Bitcoin Price Hovers Around $93,000 as Altcoins Face Market Volatility

Published by Webster

Bitcoin’s price continued its rise on national and international exchanges on Friday. The most valuable crypto asset rose by less than one percent to trade at $93,400 (roughly Rs. 79.7 lakh) on global platforms. On Indian exchanges, Bitcoin is currently trading within the range of $93,086 (roughly Rs. 79.4 lakh) and $93,962 (roughly Rs. 80.2 lakh). While BTC has maintained its price above $93,000 (roughly Rs. 79 lakh) for over 48 hours, the prices of most altcoins are fluctuating, due to the ongoing market volatility. “Bitcoin opened the day’s trade on a bullish note and faced a minor pullback. Besides, the altcoins are also facing some bearish heat but have managed to sustain above the gains. This hints towards a rise in the strength of the bulls, who are currently a little passive but may initiate a fresh rally soon,” the CoinDCX Research Team told Gadgets 360. Ether logged small losses (less than one percent) on national and international exchanges on Friday. CoinMarketCap shows that ETH is trading at $1,766 (roughly Rs. 1.50 lakh) on …

Crypto Price Today: Bitcoin Mints Profits to Trade at ,300, Altcoins Show Mixed Movements 

Crypto Price Today: Bitcoin Mints Profits to Trade at $87,300, Altcoins Show Mixed Movements 

Published by Webster

Bitcoin reflected profits on both national and international exchanges on Monday after a period of decline following US President Donald Trump’s announcement of widespread tariffs on US imports. On international platforms, Bitcoin rose in price by 2.61 percent to trade at $87,373 (roughly Rs. 74.5 lakh). On Indian exchanges, its price hovered over the mark of $87,845 (roughly Rs. 75 lakh) with a gain of over two percent. The past two weeks proved rough for Bitcoin as the Trump administration announced sweeping reciprocal trade tariffs against many nations, particularly China. “Bitcoin is gaining strong upward momentum, trading at $87,300 (roughly Rs. 74 lakh) as investor confidence picks up once again. Additionally, macroeconomic factors like the dollar index falling to a three-year low and increasing recession fears are prompting investors to turn to Bitcoin as a safe-haven asset,” Alankar Saxena, Co-founder and CTO of Mudrex, told Gadgets 360. “A close above the monthly high of $88,700 (roughly Rs. 75.7 lakh) could trigger a decisive move towards $92,000 (roughly Rs. 78.5 lakh) with strong support at $84,000 …

Crypto Price Today: Bitcoin Climbs Back Above ,000; Altcoins Remain Stable as Market Volatility Persists

Crypto Price Today: Bitcoin Climbs Back Above $80,000; Altcoins Remain Stable as Market Volatility Persists

Published by Webster

Bitcoin reflected a small loss of 1.30 percent on international exchanges owing to market volatility. On Friday, April 11, Bitcoin reclaimed the $80,000 (roughly Rs. 68.7 lakh) mark after dropping to $76,000 (roughly Rs. 65.3 lakh) earlier this week. According to market analysts, Trump’s tariff reprieve and receding inflation are short-term sources of relief, but underlying investor sentiment remains cautious. On Indian exchanges, Bitcoin price fell by nearly two percent bringing its value to $83,512 (roughly Rs 71.8 lakh). “Lower inflation typically boosts investor sentiment due to potential Fed rate cuts. Markets saw a brief period of profit booking. However, CryptoQuant data shows that Bitcoin whales remain active with wallets holding 1,000 to 10,000 Bitcoin, rising faster than the 30-day average, indicating strong investor confidence. Currently, Bitcoin’s resistance stands at $83,700 (roughly Rs. 71.9 lakh), while the support remains at $75,000 (roughly Rs. 64.4 lakh),” Edul Patel, Co-founder and CEO of Mudrex told Gadgets 360. Ether joined Bitcoin in clocking losses on Friday. On global platforms, ETH is trading at $1,545 (roughly Rs. 1.32 lakh) …

Crypto Price Today: Bitcoin Maintains Price at ,000, Majority Altcoins Hit With Losses

Crypto Price Today: Bitcoin Maintains Price at $86,000, Majority Altcoins Hit With Losses

Published by Webster

The crypto market continues to be volatile as March approaches its end. Bitcoin on Friday, March 28 clocked a loss of under two percent on national and international exchanges. The oldest, most expensive crypto asset is presently trading at $86,028 (roughly Rs. 73.8 lakh) on international exchanges, shows CoinMarketCap. On Indian exchanges, meanwhile, Bitcoin is trading within the range of $89,038 (roughly Rs. 76.2 lakh) and $90,536 (roughly Rs. 77.5 lakh). “The downturn in major U.S. stock indices was primarily attributed to President Donald Trump’s announcement of a 25 percent tariff on imported automobiles. Despite the broader market’s reaction to trade policy changes, Bitcoin’s price remained relatively stable, indicating resilience amid traditional market fluctuations,” the CoinSwitch markets desk told Gadgets 360. Ether registered bigger losses compared to Bitcoin on Friday. At present, ETH is trading at $1.920 (roughly Rs. 1.64 lakh) after seeing a drop of 5.20 percent on global platforms. The asset clocked a similar degree of loss on Indian exchanges, bringing its value to $2,011 (roughly Rs. 1.72 lakh). “Ethereum is gearing up …

Crypto Price Today: Bitcoin Trades Close to ,000, Majority Altcoins Register Gains

Crypto Price Today: Bitcoin Trades Close to $88,000, Majority Altcoins Register Gains

Published by Webster

Bitcoin on Wednesday, March 26 reflected small profits on the price charts. With a gain of 1.05 percent, the asset rose to $87,375 (roughly Rs. 75 lakh) on international exchanges in the last 24 hours. Meanwhile, on Indian exchanges, Bitcoin price saw less than one percent gain to trade within the range of $87,990 (roughly Rs. 75.4 lakh) and $90,197 (roughly Rs. 77.3 lakh). Majority altcoins reflected profits on Wednesday. We could see the trend continue in April, which has historically been a strong month for Bitcoin with an average monthly gain of 13 percent, market analysts say. “Bitcoin and other altcoins continue to trade within the gained levels, suggesting a potential upswing in the coming days. The global trading volume, however, has been slashed by over 11 percent — suggesting less participation. However, the market sentiments remain unchanged as the traders seem to be passively waiting for the next price action, suggesting the crypto bull run may revive soon,” the CoinDCX research team told Gadgets 360. Ether joined BTC to rope-in profits on Wednesday. …

Crypto Price Today: Bitcoin Price Hovers Around ,000 as Altcoins Face Market Volatility

Crypto Price Today: Bitcoin, Ether See Small Profits, Altcoins Show Mixed Trends Amid Market Uncertainty

Published by Webster

Bitcoin on Monday, March 24 reflected a profit of 3.10 percent on international exchanges. Data by CoinMarketCap shows Bitcoin is presently trading at $86,700 (roughly Rs. 74.5 lakh) on global platforms. On Indian exchanges, the oldest and most expensive crypto asset saw a two percent price hike to trade within the range of $89,423 (roughly Rs. 76.8 lakh) and $90,375 (roughly Rs. 77.7 lakh). The overall crypto market continues to remain volatile, with altcoins trading sideways. “Bitcoin continues to be in its consolidation phase. The leading crypto remains tightly bound below $86,000 (roughly Rs. 74 lakh) while holding firm above the $81,000 (roughly Rs. 70 lakh) support level. Market sentiment leans bullish, with 60.52 percent of Binance Futures traders currently in long positions, indicating expectations of an upside breakout,” the CoinSwitch markets desk told Gadgets 360. Ether joined Bitcoin in clocking small gains over the weekend. On Monday, Ether price went up by 1.89 percent and five percent, on international and national exchanges respectively. On international exchanges, its price stands at $2,037 (roughly Rs. 1.75 …

Crypto Price Today: Bitcoin, Ether Continue to Trade in Losses, Majority Altcoins Fail to See Gains

Crypto Price Today: Bitcoin, Ether Continue to Trade in Losses, Majority Altcoins Fail to See Gains

Published by Webster

The crypto market remained sluggish over the weekend, showing little change in momentum. On Monday, March 10, Bitcoin recorded a 3.88 percent decline on international exchanges, trading at $82,680 (roughly Rs. 72 lakh), according to CoinMarketCap. Meanwhile, on Indian exchanges such as CoinSwitch and Giottus, BTC saw a 3.30 percent drop, bringing its value to $88,563 (roughly Rs. 77.2 lakh). “Bitcoin is on a recovery trend, trading over $82,200 (roughly Rs. 71.6 lakh). The broader market reflects a similar trend, showing buying interest among retail investors. However, investors must remain cautious as Bitcoin volatility remains the highest since December. Currently, BTC faces major resistance near $89,400 (roughly Rs. 77.9 lakh), while the support stands at $80,000 (roughly Rs. 69.7 lakh),” Alankar Saxena, CTO and co-founder of Mudrex told Gadgets 360. Ether’s value dropped by 5.50 percent over the last day. Currently, Ether is trading at $2,067 (roughly Rs. 1.80 lakh) on international exchanges whereas its value stands at $2,234 (roughly Rs. 1.94 lakh) on Indian platforms. “After another bearish weekend, the crypto markets are trying …

Crypto Price Today: Bitcoin Hovers Just Below ,000, Altcoins Trade Sideways

Crypto Price Today: Bitcoin Hovers Just Below $97,000, Altcoins Trade Sideways

Published by Webster

On Friday, February 14, the overall crypto market displayed mixed sentiment. Bitcoin continued its decline for the fifth consecutive day, slipping by nearly 1 percent on international exchanges to $96,812 (roughly Rs. 84 lakh). A similar trend was observed on Indian platforms like CoinSwitch and Giottus, where Bitcoin traded at around $97,704 (roughly Rs. 84.8 lakh) after a 1 percent dip in the past 24 hours. “With BTC trading around $96,500 (roughly Rs. 83.2 lakh) mark for the 13th day in a row, it has become difficult for the bears to breach through this support and at the same time there are continuous lower highs forming in BTC – signalling towards a short-term downtrend,” the CoinSwitch markets trend told Gadgets 360. “Altcoins may show some strength as Bitcoin consolidates.” Ether clocked a loss of 0.58 percent on international platforms on Friday. As shown by CoinMarketCap, the asset is presently trading at $2,700 (roughly Rs. 2.34 lakh). On local exchanges, meanwhile, Ether dropped by 0.76 percent to trade at $2,697 (roughly Rs. 2.34 lakh). “Following the …

Crypto Price Today: Bitcoin Climbs Back Above ,000; Altcoins Remain Stable as Market Volatility Persists

Crypto Price Today: Bitcoin Hovers Over $100,000 Mark, Most Altcoins Show Bearish Momentum 

Published by Webster

The cryptocurrency chart reflected more losses than gains on Monday, January 27. Bitcoin dipped by 4.53 percent on international exchanges to trade at $100,423 (roughly Rs. 86.7 lakh), data by CoinMarketCap showed. On Indian exchanges like BuyUcoin, meanwhile, BTC incurred losses of over three percent to trade at the price point of $101,658 (roughly Rs. 87.7 lakh). According to market analysts, BTC’s struggle is presently oscillating between optimism and uncertainty ahead of US’ interest rate decision slated for later this week. Explaining the decline in Bitcoin’s prices, the CoinSwitch Markets Desk told Gadgets 360, “All eyes however will be on FOMC’s interest rate decision this Wednesday where the Federal Reserve is expected to pause interest rate cuts given the economic data in past comments from the committee members, with Trump demanding for lower rates – there is an outside chance of another rate cut, which can be very bullish for the overall markets.” Ether joined Bitcoin on the loss-making side of the price chart on Monday. On global exchanges, ETH dropped in price by 5.79 …

Bitcoin Price Hovers Near 2,000 as Altcoins Fluctuate Ahead of Donald Trump Inauguration

Bitcoin Price Hovers Near $102,000 as Altcoins Fluctuate Ahead of Donald Trump Inauguration

Published by Webster

Cryptocurrencies prices are fluctuating as the values of digital assets remain volatile, ahead of US President-elect Donald Trump’s swearing-in ceremony that is scheduled to take place later today. Bitcoin’s price dropped by 2.82 percent over the past 24 hours on international exchanges, according CoinMarketCap data. At the time of writing, the world’s most widely used cryptocurrency was trading at $102,095 (roughly Rs. 88.2 lakh) on global platforms. Meanwhile, on Indian exchanges like BuyUcoin, the price of Bitcoin dropped by two percent over the last day to trade at $107,951 (roughly Rs. 93.3 lakh). “BTC faces a critical test at $105,000 (roughly Rs. 90.8 lakh). A decisive breakthrough at this level may pave the way for new highs, potentially reaching $110,000 (roughly Rs, 95.1 lakh), while failure may trigger retracement, testing support at $98,000 (roughly Rs. 84.7 lakh) and $95,000 (roughly Rs. 82 lakh),” Avinash Shekhar, Co-Founder and CEO, Pi42 told Gadgets 360 on Monday. Like Bitcoin, Ether’s price dipped by around one percent on both national and international exchanges on Monday. At the time of …