Bitcoin (BTC), the world’s oldest and most valued cryptocurrency, rose above the $63,000 mark over the weekend, touching a month-high, driving on the US Fed rate cut announcements. Other popular altcoins — including the likes of Ethereum (ETH), Dogecoin (DOGE), Solana (SOL), Ripple (XRP), and Litecoin (LTC) — landed in the greens across the board as the overall Market Fear & Greed Index stood at 51 (Neutral) out of 100, as per CoinMarketCap data. The Bittensor (TAO) token, became the biggest gainer with a 24-hour jump of nearly 24 percent. The PENDLE token became the top gainer, with a 24-hour loss of over 6 percent.
The global crypto market cap stood at $2.24 trillion at the time of writing, registering a 24-hour jump of 1.57 percent.
Bitcoin (BTC) Price Today
Bitcoin price stood at $63,703.63, registering a 24-hour jump of 1.10 percent, as per CoinMarketCap. According to Indian exchanges, BTC price stood at Rs 53.16 lakh.
Ethereum (ETH) Price Today
ETH price stood at $2,663.66, marking a 24-hour gain of 3.04 percent at the time of writing. Ethereum price in India stood at Rs 1.98 lakh.
Dogecoin (DOGE) Price Today
DOGE registered a 24-hour jump of 0.29 percent, as per CoinMarketCap data, currently priced at $0.108. Dogecoin price in India stood at Rs 9.04.
Litecoin (LTC) Price Today
Litecoin saw a 24-hour gain of 1.24 percent. At the time of writing, it was trading at $68.01. LTC price in India stood at Rs 5,209.75.
Ripple (XRP) Price Today
XRP price stood at $0.5922, seeing a 24-hour dip of 1.03 percent. Ripple price in India stood at Rs 49.50.
Solana (SOL) Price Today
Solana price stood at $146.90, marking a 24-hour loss of 0.36 percent. SOL price in India stood at Rs 12,236.74.
Top Crypto Gainers Today (September 23)
As per CoinMarketCap data, here are the top five crypto gainers over the past 24 hours:
Bittensor (TAO)
Price: $575.96
24-hour gain: 23.25 percent
Sui (SUI)
Price: $1.64
24-hour gain: 13.88 percent
ImmutableX (IMX)
Price: $1.79
24-hour gain: 11.80 percent
Helium (HNT)
Price: $7.61
24-hour gain: 8.64 percent
Aave (AAVE)
Price: $171.61
24-hour gain: 8.45 percent
Top Crypto Losers Today (September 23)
As per CoinMarketCap data, here are the top five crypto losers over the past 24 hours:
Pendle (PENDLE)
Price: $4.03
24-hour loss: 6.82 percent
SATS (1000SATS)
Price: $0.0002962
24-hour loss: 2.26 percent
Bonk (BONK)
Price: $0.00001755
24-hour loss: 2.11 percent
BitTorrent [New] (BTT)
Price: $0.0000009186
24-hour loss: 1.60 percent
Celestia (TIA)
Price: $5.53
24-hour loss: 1.55 percent
What Crypto Exchanges Are Saying About Current Market Scenario
Mudrex co-founder and CEO Edul Patel told ABP Live, “Bitcoin has made a significant move, reaching a one-month high and maintaining its rally following the Federal Reserve’s rate cut, currently trading at $63,800. Market sentiment has further strengthened after Kamala Harris, in her first public statement, pledged to support investment in AI and digital assets during a Wall Street fundraiser. As we approach the U.S. elections, this positive momentum could drive Bitcoin to new heights. BTC’s current resistance lies at $64,000 while the support stands at $62,100.”
CoinSwitch Markets Desk noted, “Bitcoin (BTC) is holding firm near its critical support at $62.5K after a volatile but positive Sunday. Notably, BTC has posted seven consecutive green daily candles, a streak not seen since February of this year—right before its remarkable 50% rally from $48K to $72K. This pattern suggests a strong potential for another bullish run, especially in light of recent Fed rate cuts, which may inject renewed optimism into the market.”
Avinash Shekhar, Co-founder & CEO, Pi42, said, “Bitcoin is at a crucial point. A major surge could begin if it closes above $70,000. If it fails to close above that level, it might drop toward $60,000. Currently, Bitcoin is trading just above $64,200. Ethereum is bouncing off a critical support level against Bitcoin, raising the question of whether this could be a reversal for ETH—we’ll have to wait and see. XRP’s recent breakthrough looks promising, and Solana narrowly avoided a serious fall by bouncing off support last week. The global crypto market cap stands at $2.23 trillion, a 0.97% increase over the last day.”
Sathvik Vishwanath, CEO and co-founder of Unocoin, said, “Ethereum (ETH) and Lido Staked Ether (STETH) rose 4.8% to $2,547, while Bitcoin (BTC) rose 1.7% to $63,497. German public prosecutor shut down 47 exchange platforms involved in illegal activities. Terraform Laboratories, led by Do Kwon, received court approval to cease operations during bankruptcy. Tether has invested $1.5 million in Sorted Wallet to promote financial inclusion in Africa and South Asia. PancakeSwap celebrated its 4th anniversary with 43 million unique addresses, $836 billion in trade volume and a deflationary CAKE burn. Unstoppable Domains has partnered with LFG to launch the LFG domain for the Gala Games ecosystem.
Shivam Thakral, CEO of BuyUcoin, said, “In the past 24 hours, the global crypto market cap rose to $2.25 trillion, reflecting a 1.93% increase. Bitcoin surged by 2.02% to reach $64,376, following Vice President Kamala Harris making headlines by addressing cryptocurrency for the first time, emphasizing a balanced approach to innovation and consumer protection. This occurred during a major market shift that saw altcoins outperform Bitcoin and Ethereum after the Federal Reserve lowered interest rates. The future of cryptocurrency is optimistic, as increased liquidity suggests bullish sentiment among investors. As the 2024 election approaches, Harris’ comments may influence regulatory perspectives and shape the crypto landscape moving forward.”
CoinDCX Research Team told ABP Live, “Over the weekend, the crypto market remained stable. Currently, BTC’s performance looks healthy on higher time frames, with a strong possibility of breaking the six-month consolidation phase and reaching new all-time highs in the coming weeks. This week, BTC could target the $66-67k range. ETH also appears poised for bullish movement, especially with BTC dominance pausing and the ETH/BTC pair showing a reversal. ETH needs to reclaim the crucial $2,800 level for a long-term bullish continuation.”
Subscribe And Follow ABP Live On Telegram: t.me/officialabplive
Disclaimer: Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Cryptocurrency is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Cryptocurrency market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.