All posts tagged: Altcoins

Crypto Price Today: Bitcoin Price Rises Above ,000 After Minor Slump, Values of Most Altcoins Increase

Crypto Price Today: Bitcoin Price Rises Above $97,000 After Minor Slump, Values of Most Altcoins Increase

Published by Webster

The cryptocurrency market experienced a rebound on Wednesday, with most digital assets registering profits. Bitcoin saw a 1.46 percent price increase on international exchanges, trading at $97,433 (roughly Rs. 84 lakh), according to CoinMarketCap data. Similarly, on Indian exchanges like CoinDCX and CoinSwitch, Bitcoin’s price rose by over 1.45 percent, reaching around $103,722 (roughly Rs. 89.6 lakh). Ether followed Bitcoin’s trajectory to show signs of price recovery on national as well as international exchanges on Wednesday. The asset grew by 1.32 percent in value on international exchanges, trading at $3,220 (roughly Rs. 2.78 lakh). According to Indian exchanges, ETH is trading at $3,412 (roughly Rs. 2.95 lakh). “Bitcoin is currently marking a strong recovery after the sharp dip experienced over the past few days. The rebound can be attributed to better-than-expected Producer Price Index (PPI) data, which brought renewed optimism to the market. However, all eyes are now on today’s Consumer Price Index (CPI) release, which could introduce fresh volatility and potentially shift the market’s direction,” the markets desk at CoinSwitch told Gadgets 360, commenting …

Crypto Price Today: Bitcoin, Ether Values Dip as Most Altcoins Lose Price Momentum

Crypto Price Today: Bitcoin, Ether Values Dip as Most Altcoins Lose Price Momentum

Published by Webster

The crypto market is witnessing a slowdown in terms of token pricing. Bitcoin on Monday reflected a price dip of around one percent on global exchanges to trade at $94,472 (roughly Rs. 81.5 lakh). On Indian exchanges, the value of Bitcoin dropped by 0.47 percent over the past 24 hours. At the time of writing, Bitcoin is trading at the price point of $99,812 (roughly Rs. 86.2 lakh), according exchanges like Giottus and CoinDCX. Presently, the dominance of Bitcoin over the crypto sector stands at 56.94 percent. “Bitcoin’s recent rollercoaster ride, marked by a sharp correction from over $102,000 (roughly Rs. 88 lakh) to lows around $91,250 (roughly Rs. 78.8 lakh), highlights the market’s inherent volatility but also its cyclical nature. Historically, such price drops have often been followed by strong recoveries. Notably, Bitcoin’s all-time high of $108,000 (roughly Rs. 93.2 lakh) in mid-December emerged just weeks after a significant downturn,” Avinash Shekhar, co-founder and CEO at Pi42 told Gadgets360. Ether clocked a loss of 0.10 percent in the last 24 hours on foreign exchanges, …

Crypto Price Today: Bitcoin Opens 2025 Above ,000, Majority of Altcoins See Gains

Crypto Price Today: Bitcoin Opens 2025 Above $95,000, Majority of Altcoins See Gains

Published by Webster

The majority of cryptocurrencies began 2025 with notable gains, as reflected on both national and international price charts. Bitcoin, on Thursday, January 2, saw a 1.72 percent increase on global exchanges, bringing its value to $95,130 (roughly Rs. 81.5 lakh), according to CoinMarketCap. On Indian exchanges such as CoinDCX and CoinSwitch, Bitcoin’s price rose by 1.28 percent in the past 24 hours, reaching Rs. 101,460 (roughly Rs. 86.9 lakh). “The market is cautious. The demand for leverage is reduced, signaling limited downside potential. Bulls are in an attempt to defend some critical levels for Bitcoin while its continued resistance remains a challenge near $98,000 (roughly Rs. 84.02 lakh). Overall, the crypto market seems bullish and optimistic for 2025,” Avinash Shekhar, Co-Founder and CEO, Pi42 told Gadgets 360. Ether followed Bitcoin to reflect profits on the price charts on Thursday. At the time of writing, Ether was trading at $3,388 (roughly Rs. 2.90 lakh) on global exchanges, showed data by CoinMarketCap. On Indian exchanges meanwhile, ETH is priced $3,384 (roughly Rs. 2.90 lakh). “Ethereum is under …

Crypto Price Today: Bitcoin Falls to ,000, Most Altcoins See Losses

Crypto Price Today: Bitcoin Falls to $97,000, Most Altcoins See Losses

Published by Webster

The overall crypto price chart saw major losses on Friday, December 20. Bitcoin registered a dip of 4.08 percent in the last 24 hours. At the time of writing, Bitcoin was trading at $97,100 (roughly Rs. 82.6 lakh) on foreign exchanges, showed CoinMarketCap. On Indian exchanges, meanwhile, Bitcoin reflected losses of up to over five percent. Despite this loss margin, the oldest and most expensive crypto asset is currently priced around $102,236 (roughly Rs. 87 lakh) on Indian exchanges. “Bitcoin’s correction of prices below the $100,000 (roughly Rs. 84.7 lakh) mark is enforcing caution on statement by Jerome Powell, chair of the US Federal Reserve dismissing speculations that the Fed may add Bitcoin to its reserves. Historical data reveals that with each successive price rally for Bitcoin, corrections become less intense,” Avinash Shekhar, Co-Founder and CEO, Pi42 told Gadgets360. Ether saw an almost 8 percent price drop on both national as well as international exchanges on Friday. On global exchanges, ETH is trading at $3,380 (roughly Rs. 2.87 lakh) as shown by CoinMarketCap. As per …

Crypto Price Today: Bitcoin Hits New All-Time High of 8,000 Before Pulling Back; Altcoins Mostly in Red

Crypto Price Today: Bitcoin Hits New All-Time High of $108,000 Before Pulling Back; Altcoins Mostly in Red

Published by Webster

The overall crypto market witnessed price correction across most cryptocurrencies over the last 24 hours. Bitcoin on Wednesday, December 18 registered a loss of 2.60 percent to trade at $103,740 (roughly Rs. 88 lakh) on foreign exchanges. Earlier in the day, Bitcoin had surged to a new all-time high of over $108,200 (roughly Rs. 91.8 lakh) before retreating to its current level. The price correction impacted Bitcoin on Indian platforms as well, such as CoinDCX and CoinSwitch, where it was trading at $103,701 (roughly Rs. 88.6 lakh) at the time of writing. “Bitcoin recently surged to $108,260 (roughly Rs. 91.9 lakh) on Tuesday, representing an increasingly strong institutional interest. The market’s strong fundamentals include persistent demand from spot Bitcoin ETFs and tight supply,” Avinash Shekhar, Co-Founder and CEO, Pi42 told Gadgets360. “The most important thing for Bitcoin now is to hold above $102,000 (roughly Rs. 86.6 lakh) support, since a break below could set off a liquidity crunch and holding above could signal more upside.” Ether saw a price drop of 4.25 percent over the …

Crypto Price Today: Bitcoin Price Rises Above ,000 After Minor Slump, Values of Most Altcoins Increase

Crypto Price Today: Bitcoin Surges Past $64,000 Following US’ PPI Data Disclosure, Altcoins Trade Sideways

Published by Webster

The crypto market displayed mixed sentiment on Monday, October 14, with nearly equal proportions of gains and losses across cryptocurrencies. Bitcoin posted modest gains of about 2% on both domestic and international exchanges. With this, the trading value of BTC on foreign exchanges has bounced to $64,260 (roughly Rs. 54.02 lakh) after hovering around at $60,576 (roughly Rs. 50.8 lakh) last week. On Indian exchanges like CoinSwitch and Giottus, meanwhile, BTC is trading at $64,826 (roughly Rs. 54.5 lakh). “The crypto market continues to rally after Friday’s bullish US Producer Price Index (PPI) data. With the upcoming US elections next month and historically strong performance during Q4, a potential rally is anticipated. BTC has broken above $64,000 (roughly Rs. 53.8 lakh), setting the stage for a possible newer all-time high,” the CoinDCX markets desk told Gadgets360. Ether, the second most expensive cryptocurrency after Bitcoin, registered minor price dips on Monday. At the time of writing, ETH was trading at $2,526 (roughly Rs. 2.12 lakh) on international exchanges, showed CoinMarketCap. In India, ETH is presently priced …

Crypto Price Today: Bitcoin Slips Under ,000 Owing to US’ CPI Data, Most Altcoins Retain Profits

Crypto Price Today: Bitcoin Slips Under $61,000 Owing to US’ CPI Data, Most Altcoins Retain Profits

Published by Webster

The crypto market showed fluctuations on Friday, October 11, after the US CPI data emerged higher than expectations. In the backdrop of this development, Bitcoin registered a loss of around one percent on national and international exchanges. At the time of writing, the oldest and most expensive cryptocurrency was trading at $60,576 (roughly Rs. 50.8 lakh) on global exchanges, showed CoinMarketCap. On Indian exchanges like CoinSwitch and Giottus, meanwhile, BTC is trading at $61,452 (roughly Rs. 51.6 lakh). “As Bitcoin had its fourth consecutive red day, the world’s largest crypto gained over two percent just before the daily candle close. The market volatility yesterday was largely driven by US CPI data, a key indicator for determining the Fed’s stance on future rate cuts. While the annual CPI showed a decline compared to last year, it came in higher than analysts’ expectations, leading to a drop in Bitcoin prices,” the CoinSwitch Markets Desk told Gadgets360. Ether saw a price gain of just above one percent on Friday. At the time of writing, the value of ETH …

Bitcoin’s Rally Above $60,000 Falters as Prices of Ether and Other Altcoins Drop

Published by Webster

Bitcoin’s price rally faltered on Friday, as the value of the world’s most widely used cryptocurrency dropped by one percent on international exchanges, after crossing the $60,000 (roughly Rs. 50 lakh) mark earlier this week. The value of the most expensive crypto asset dropped to $60,990 (roughly Rs. 51.2 lakh), according to CoinMarketCap. This is the first time this week that Bitcoin’s value has dropped to this level on foreign exchanges. BTC is currently trading sideways in India at $63,453 (roughly Rs. 53.2 lakh), according to FIU-registered exchanges like CoinSwitch and CoinDCX. “Tensions on the geopolitical front have strengthened the US dollar and thus impacted the prices of cryptocurrencies. Increasing SOFR (secured overnight financing rates) indicates liquidity problems. Relief may come with the US jobs report on Friday, improving the prospect for risk assets if rate cuts are promised,” Avinash Shekhar, Co-Founder and CEO, Pi42 told Gadgets360. Ether dropped in price by 2.17 percent on Friday. With this, the value of ETH has come to $2,143 (roughly Rs. 1.80 lakh) on Friday, showed the crypto …

Bitcoin Trades Above $64,000 Despite Minor Losses, Altcoins Continue to Trade Sideways

Published by Webster

The crypto market displayed mixed sentiment on Monday, September 30, with nearly equal numbers of cryptocurrencies posting gains and losses. Bitcoin saw a 1.94 percent decline on international exchanges over the past 24 hours. Despite this dip, the leading cryptocurrency held close to the $65,000 mark (roughly Rs. 54.4 lakh), trading at $64,452 (around Rs. 54 lakh), according to CoinMarketCap. In India, however, BTC experienced a slightly sharper drop of over two percent, with its value on platforms like CoinSwitch and CoinDCX hovering around $65,734 (roughly Rs. 55 lakh). Ether recorded a price drop of 1.52 percent on global exchanges in the last 24 hours. At the time of writing, ETH was trading at $2,630 (roughly Rs. 2.20 lakh) as per CoinMarketCap. On Indian exchanges, ETH recorded a loss of around 1.20 percent to trade at $2,661 (roughly Rs. 2.23 lakh), showed the crypto price tracker by Gadgets360. “The positive sentiment surrounding Bitcoin remains strong, and it’s expected to maintain momentum. BTC has officially formed a higher high, a key bullish indicator. ETH has reclaimed …

Bitcoin Price Dips Alongside Ether, Other Altcoins Amid Ongoing Market Volatility

Published by Webster

Bitcoin and other cryptocurrencies like Ether saw their prices fall on Friday, fuelled by the ongoing market volatility that has continued to affect the value of these digital assets. The price of Bitcoin dropped by less than one percent on Friday, and it is currently trading at $62,655 (roughly Rs. 52.5 lakh) on Indian exchanges like CoinSwitch. On international exchanges, Bitcoin’s price also dropped to trade at $59,022 (roughly Rs. 49.4 lakh), according to data by CoinMarketCap. This is one of the few instances in recent months where Bitcoin’s value has slipped under the mark of $60,000 (roughly Rs. 50 lakh). “Bitcoin is currently front running the market with its dominance holding 57.3 percent while altcoins playing catch-up. Bitcoin’s price movement suggests a rejection at higher levels. BTC ETFs have experienced net outflows of more than $100 million (roughly Rs. 838 crore) in two days. BTC’s RSI and MACD point to weakening buyer interest. This could signal a continued period of consolidation before Bitcoin can comprehensively reclaim $60,500 (roughly Rs. 50.7 lakh),” Vikram Subburaj, CEO, …