All posts tagged: circuits of value

Bitcoin Price Drops Below 3,000 Amid Ongoing Market Uncertainty

Bitcoin Price Drops Below $103,000 Amid Ongoing Market Uncertainty

Published by Webster

Bitcoin’s price saw a slight price drop on Monday, as the values of most cryptocurrencies fell over the weekend. The price of the world’s largest cryptocurrency dropped by less than one percent on international exchanges over the past 24 hours. At present, Bitcoin is trading at $102,845 (roughly Rs. 87.9 lakh) on global platforms, as per data by CoinMarketCap. The asset also followed a similar trajectory on Indian exchanges, where its price fell by 0.10 percent to trade at $105,595 (roughly Rs. 90.3 lakh) on platforms like CoinSwitch and CoinDCX. The price of Ether fell by five percent over the past 24 hours. ETH was trading at $2,376 (roughly Rs. 2.03 lakh) on international exchanges on Monday. On Indian exchanges, Ether slipped by nearly five percent, and it is available at $2.08 lakh (roughly Rs. 2,435). “Bitcoin has been consolidating within a tight range recently. Bulls are now attempting to push past the key resistance level at $105,820 (roughly Rs. 90.4 lakh). Supporting this momentum, both moving averages are trending upward, and the Relative Strength …

Bitcoin Price Rises Above 4,000 Mark; JPMorgan Says Bitcoin Could Outperform Gold in H2 2025

Bitcoin Price Rises Above $104,000 Mark; JPMorgan Says Bitcoin Could Outperform Gold in H2 2025

Published by Webster

Bitcoin’s price rose by 1.30 percent on international exchanges on Friday, even as the overall crypto market shows signs of instability. The digital asset is now trading at $104,010 (roughly Rs. 89.09 lakh) on global platforms, as per CoinMarketCap. Meanwhile, on Indian exchanges, the value of the asset rose by nearly two percent to trade $104,770 (roughly Rs. 89.7 lakh). Amid the ongoing Bitcoin rally, JPMorgan has predicted that Bitcoin could outperform gold in the second half of 2025. “Bitcoin has continued to trade within a range between the $101,700 (roughly Rs. 87.1 lakh) support and $104,800 (roughly Rs. 89.7 lakh) resistance levels, maintaining its position above the critical $100K mark for the seventh consecutive day. BTC ETFs recorded outflows totalling $295 million (roughly Rs. 2,527 crore),” Edul Patel, Co-founder and CEO of Mudrex told Gadgets 360. Unlike Bitcoin, the price of Ether dropped by 0.15 percent to trade at $2,588 (roughly Rs. 2.21 lakh) on international exchanges. On Indian platforms, Ether clocked minor losses of up to 0.22 percent, bringing its price to $2,599 …

Bitcoin Price Crosses ,000 for the First Time Since March, Ongoing Rally Boosts Altcoin Prices

Bitcoin Price Crosses $96,000 for the First Time Since March, Ongoing Rally Boosts Altcoin Prices

Published by Webster

Bitcoin showed signs of a significant price recovery on Friday, and the world’s oldest cryptocurrency continues to rise towards $100,000. On Friday, Bitcoin’s price rose by nearly four percent over the last 24 hours to hit $96,845 (roughly Rs. 81.2 lakh) on international exchanges. On Indian crypto exchanges, Bitcoin price rose by around two percent to trade at $96,820 (roughly Rs. 81.2 lakh). Ether reflected slightly bigger gains than Bitcoin on Friday. The asset is presently trading at $1,836 (roughly Rs. 1.53 lakh), having clocked a gain of over four percent on international exchanges. The second most valuable crypto asset after BTC, ETH is retailing at $1,857 (roughly Rs. 1.55 lakh) on Indian exchanges. “Bitcoin has decisively broken past the $96,000 (roughly Rs. 80.5 lakh) barrier. With a contracting economy, the probability of a Fed rate cut at the June FOMC meeting has risen from 57 percent to 60 percent, further fuelling investor optimism. All eyes are now on the jobs report due today, which could influence short-term market sentiment,” Edul Patel, Co-founder and CEO …

Bitcoin Price Rises Past ,000 as Whales, Institutions Continue Aggressive Acquisition

Bitcoin Price Rises Past $94,000 as Whales, Institutions Continue Aggressive Acquisition

Published by Webster

Bitcoin is currently trading at $94,200 (roughly Rs. 80.3 lakh) on international exchanges, amid aggressive acqusition by whales and institutions. The asset’s value rose by 7.80 percent over the past seven days, and saw a marginal 0.12 percent increase on global exchanges on Monday. On Indian exchanges, the Bitcoin price fell by 0.09 percent, and it is currently trading between $91,400 (roughly Rs. 78 lakh) and $94,1450 (roughly Rs. 80.3 lakh). The month of April was a challenging period for Bitcoin investors, when the asset fell to its lowest level (in 2025) to trade at $76,000 (roughly Rs. 64.8 lakh) owing to macroeconomic changes and the trade war between China and the US. “For now, BTC faces immediate resistance at $96,000 (roughly Rs. 81.9 lakh), while support remains at $90,500 (roughly Rs. 77.2 lakh). Glassnode data reveals a sharp rise in Whale accumulations, with wallets holding over 10,000 BTC increasing from 124,000 to 137,600 over the past month. This steady accumulation strengthens Bitcoin’s upward momentum,” Edul Patel, Co-founder and CEO of Mudrex told Gadgets 360. …

Bitcoin Price Crosses ,000 for the First Time Since March, Ongoing Rally Boosts Altcoin Prices

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 …

Bitcoin Price Drops Below 3,000 Amid Ongoing Market Uncertainty

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) …

Bitcoin Price Crosses ,000 for the First Time Since March, Ongoing Rally Boosts Altcoin Prices

Crypto Price Today: Bitcoin Fails to Break Above $76,700 as Market Dips Amid Tariff Tensions

Published by Webster

Bitcoin reflected losses alongside most cryptocurrencies on Wednesday, April 9. The asset dropped by four percent to trade at $76,538 (roughly Rs. 66.2 lakh) on global exchanges. On Indian exchanges as well, Bitcoin value slipped by nearly five percent, bringing its price between $78,494 (roughly Rs. 67.9 lakh) and $80,228 (roughly Rs. 69.4 lakh). The overall crypto market momentum has slowed down over the last few days owing to the heated trade tensions between the US and other nations. “The US increased the tariff rates to 104 percent on China, which fueled the uncertainty among the market participants, as expected. Bitcoin price slumped hard and is about to drop below $75,000 (roughly Rs. 64.9 lakh) for the second time this week, raising alarms over the entire crypto market. Market sentiments become extremely fearful, hinting towards a potential bear market,” the CoinDCX research team told Gadgets 360. Ether price tumbled by over eight percent in the last day and is trading at $1,455 (roughly Rs. 1.25 lakh) on global platforms. Ether also clocked notable losses of …

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. …