Cryptocurrency Price Today: Bitcoin Remains Stable At $70,000, CORE Gains Over 68%
Cryptocurrency price on April 1 quick take: The global market cap rose to $2.68 trillion.
Bitcoin (BTC), the world’s oldest and most valued cryptocurrency, remained stable within the $70,000 range over the weekend. Other popular altcoins — including the likes of Ethereum (ETH), Dogecoin (DOGE), Ripple (XRP), Solana (SOL), and Litecoin (LTC) — largely landed in the greens across the board. The CORE token became the biggest gainer of the lot, with a 24-hour jump of a whopping 68 percent. Fetch.ai (FET) became the biggest loser of the lot, with a 24-hour dip of over 5 percent.
The global crypto market cap stood at $2.68 trillion at the time of writing, registering a 24-hour gain of 1.53 percent.
Bitcoin (BTC) Price Today
Bitcoin price stood at $70,535.19, registering a 24-hour gain of 0.61 percent, as per CoinMarketCap. According to Indian exchange WazirX, BTC price stood at Rs 59.50 lakh.
Ethereum (ETH) Price Today
ETH price stood at $3,610.58, marking a 24-hour jump of 2.06 percent at the time of writing. As per WazirX, Ethereum price in India stood at Rs 3.06 lakh.
Dogecoin (DOGE) Price Today
DOGE registered a 24-hour gain of 6.78 percent, as per CoinMarketCap data, currently priced at $0.2162. As per WazirX, Dogecoin price in India stood at Rs 18.16.
Litecoin (LTC) Price Today
Litecoin saw a 24-hour jump of 6.94 percent. At the time of writing, it was trading at $110.32. LTC price in India stood at Rs 9,300.23.
Ripple (XRP) Price Today
XRP price stood at $0.6278, seeing a 24-hour gain of 0.85 percent. As per WazirX, Ripple price stood at Rs 53.19.
Solana (SOL) Price Today
Solana price stood at $203.27, marking a 24-hour jump of 4.56 percent. As per WazirX, SOL price in India stood at Rs 16,845.94.
Top Crypto Gainers Today (April 1)
As per CoinMarketCap data, here are the top five crypto gainers over the past 24 hours:
Core (CORE)
Price: $2.75
24-hour gain: 68.81 percent
Jupiter (JUP)
Price: $1.84
24-hour gain: 24.71 percent
Bitcoin Cash (BCH)
Price: $682.62
24-hour gain: 15.31 percent
Pendle (PENDLE)
Price: $5.22
24-hour gain: 11.45 percent
Theta Network (THETA)
Price: $3.09
24-hour gain: 10.29 percent
Top Crypto Losers Today (April 1)
As per CoinMarketCap data, here are the top five crypto losers over the past 24 hours:
Fetch.ai (FET)
Price: $3.01
24-hour loss: 5.67 percent
ORDI (ORDI)
Price: $68.22
24-hour loss: 4.78 percent
SATS (1000SATS)
Price: $0.0005323
24-hour loss: 3.80 percent
Conflux (CFX)
Price: $0.4572
24-hour loss: 3.08 percent
SingularityNET (AGIX)
Price: $1.27
24-hour loss: 2.88 per cent
What Crypto Exchanges Are Saying About Current Market Scenario
Mudrex co-founder and CEO Edul Patel told ABP Live, “Much like the majority of last week, the last 24 hours have seen Bitcoin's price mostly moving sideways, consolidating around the $71,000 mark. Bitcoin trading volume has risen by roughly 19% in the last day, with over $20 billion worth of Bitcoin traded during this time. Bitcoin's next resistance level is at $71,781, while its next support level is at $70,708. Meanwhile, Ethereum has been experiencing consistent buying pressure, a trend that persisted in the last 24 hours. Overall, the crypto market continues to exhibit extreme greed.”
Parth Chaturvedi, Investments Lead, CoinSwitch Ventures, said, “The crypto markets continued to climb over the weekend, as overall M.Cap. hit its highest point in the last 15 days. BTC (+1.4%) was rangebound with an upward bias, trading between $70k and $71k. For BTC to continue its upward march, it will have to break the crucial resistance of $71.5k, which may open strong possibilities for BTC to cross $75k. Simultaneously, ETH (+2.4%) continued its upward price performance over the weekend. While ETH is experiencing an overall positive price action, its liquid supply seems to be declining. As per Glassnode data, just 11% of ETH’s total supply is currently available for active trading, down from 15.8% same time last year. However, given the investor sentiment and whale accumulation pattern, this has only bolstered ETH’s price by over 50% since the beginning of 2024.”
Rajagopal Menon, Vice President, WazirX, said, “Bitcoin (BTC) continues consolidating around $70,000, with bulls eyeing a breakout in the upcoming week. However, a significant sell-wall looms at $72,500. Industry analysts suggest BTC could surge well beyond $150,000, reaching $700,000 by the next decade's end. The recent rally, propelled by ETF approvals, might see further momentum after the halving event. Historical trends indicate Bitcoin's price typically peaks months post-halving. Ethereum (ETH) maintains robust support above $3,600, signalling bullish sentiment, while SOL trades steadily above $200, indicating promising prospects for future gains.”
Sathvik Vishwanath, CEO and co-founder of Unocoin, said, “Bitcoin's daily trading volume fell to $16 billion, prompting caution among investors despite a slight rise to $70,098. The rise of spot bitcoin ETFs, which have amassed $30 billion in three months, signals Wall Street's acceptance of the cryptocurrency. Regulatory hurdles remain, but the trend suggests wider institutional adoption. Economist Peter Schiff warns of a looming financial crisis, citing inflationary pressures as the reason and advocating a reassessment of policy. Renowned author Robert Kiyosaki advises ditching the US dollar for bitcoin, gold and silver amid economic uncertainty and predicts a surge in bitcoin's value. Bitcoin's current price at $70,050 with resistance at $71,600 suggests a cautious but optimistic market stance. Holding support above $68,770 is key to maintaining bullish momentum.”
Shivam Thakral, CEO of BuyUcoin, said, “Since last week, Bitcoin has been trying to break the $71500 resistance only to fall back to the $70,000 level. An important level to hold for the largest cryptocurrency is the support of $69,000, failure to do so might push it to $65,000. It would be interesting to see how the Bitcoin price action unfolds this halving with just 22 days left roughly for the 4th Bitcoin halving.”
CoinDCX Research Team told ABP Live, “Over the weekend, the market remained bullish, with ETH leading the charge over BTC. BTC maintains its upward trend with the halving on the horizon, holding above the crucial $69,000 level and the 20 EMA D. A decline in BTC dominance favours altcoins. ETH's performance has been notable, and it's poised for further gains. Technically, clearing the $3650 mark is essential for sustained momentum. Key support levels for BTC are around $69,000, $65,550, and $62,000, with resistance at $71,400 and $72,700. For ETH, support levels include $3425, $3300, and $3200, while resistance is at $3,650, $3,870, and $4,070.”
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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.
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