Cryptocurrency Price Today (March 20): Bitcoin Rises Above $85,000, Uniswap Becomes Top Gainer
Cryptocurrency price on March 20 quick take: The global market cap rose to $2.80 trillion.
Bitcoin (BTC), the world’s oldest and most valued crypto, managed to rise above the $85,000 mark early Thursday. Other popular altcoins — including the likes of Ethereum (ETH), Solana (SOL), Ripple (XRP), and Litecoin (LTC) — landed in the greens across the board as overall Market Fear & Greed Index stood at 31 (Fear) out of 100, as per CoinMarketCap data. It is largely believed that the US Fed keeping interest rates unchanged has led to this much-needed rally. The Uniswap (UNI) token became the biggest gainer, with a 24-hour jump of nearly 8 percent. EOS remained the biggest loser for the second consecutive day, with a 24-hour loss of nearly 9 percent.
The global crypto market cap stood at $2.80 trillion at the time of writing, registering a 24-hour jump of 3.16 percent.
Bitcoin (BTC) Price Today
Bitcoin price stood at $85,663.82, registering a 24-hour gain of 3.25 percent, as per CoinMarketCap. According to Indian exchanges, BTC price stood at Rs 72.37 lakh.
Ethereum (ETH) Price Today
ETH price stood at $2,020.16, marking a 24-hour jump of 4.52 percent at the time of writing. Ethereum price in India stood at Rs 1.65 lakh.
Dogecoin (DOGE) Price Today
DOGE registered a 24-hour gain of 3.89 percent, as per CoinMarketCap data, currently priced at $0.1745. Dogecoin price in India stood at Rs 14.94.
Litecoin (LTC) Price Today
Litecoin saw a 24-hour jump of 3.69 percent. At the time of writing, it was trading at $93.27. LTC price in India stood at Rs 8,079.98.
Ripple (XRP) Price Today
XRP price stood at $2.46, seeing a 24-hour gain of 7.53 percent. Ripple price in India stood at Rs 203.47.
Solana (SOL) Price Today
Solana price stood at $133.19, marking a 24-hour jump of 5.50 percent. SOL price in India stood at Rs 11,201.80.
Top Crypto Gainers Today (March 20)
As per CoinMarketCap data, here are the top five crypto gainers over the past 24 hours:
Uniswap (UNI)
Price: $6.86
24-hour gain: 7.84 percent
Four (FORM)
Price: $1.67
24-hour gain: 7.78 percent
Ripple (XRP)
Price: $2.46
24-hour gain: 7.46 percent
Lido DAO (LDO)
Price: $1.02
24-hour gain: 6.81 percent
XDC Network (XDC)
Price: $0.07126
24-hour gain: 6.65 percent
Top Crypto Losers Today (March 20)
As per CoinMarketCap data, here are the top five crypto losers over the past 24 hours:
EOS (EOS)
Price: $0.5806
24-hour loss: 8.26 percent
Mantra (OM)
Price: $6.83
24-hour loss: 3.32 percent
Maker (MKR)
Price: $1,286.90
24-hour loss: 1.84 percent
Polkadot (DOT)
Price: $4.46
24-hour loss: 1.56 percent
Tron (TRX)
Price: $0.2327
24-hour loss: 1.03 percent
What Crypto Exchanges Are Saying About Current Market Scenario
Edul Patel, CEO and co-founder, Mudrex told ABP Live, “The crypto market got a huge boost as the Fed kept interest rates unchanged, signalling two rate cuts this year. Additionally, Feds pausing the quantitative tightening increases the potential for further upside, boosting the market sentiment. Currently trading near $86,000, Bitcoin could move to reclaim the $90,000 mark if the momentum continues. Another positive development is the SEC dropping its long-running case against Ripple (XRP), leading to a 10% jump in the token. This move strengthens confidence in the SEC’s stance, hinting at more pro-crypto decisions going ahead.”
CoinSwitch Markets Desk noted, “Bitcoin (BTC) experienced a modest increase of nearly 4%, trading at approximately $86K. Ethereum (ETH) also saw gains, rising 5% to around $2,031. In a significant regulatory shift, the U.S. Securities and Exchange Commission (SEC) officially dropped its lawsuit against Ripple Labs. This decision led to a 10% surge in XRP's price, reaching nearly $2.5. Two exchange-traded funds (ETFs) tracking futures in Solana (SOL) are coming on the market this week.”
Avinash Shekhar, Co-founder & CEO, Pi42, said, “Bitcoin and the overall crypto space continue their rebound after the Fed maintained interest rates unchanged. Investors expect an all-time high in Q2, driven by dovish cues from Jerome Powell and increased institutional demand. Bitcoin Whale accumulation rose by a whopping $13 billion over the course of three days, demonstrating robust investor sentiment. Bitcoin touched an intraday high of $87,470 temporarily on support from loosening financial conditions and political support. Bitcoin is currently trading near $85,883, up by 3.6% over the last day.”
Sathvik Vishwanath, CEO and co-founder of Unocoin, said, “Bitcoin surged 4% to $85,900 after the Fed’s rate pause, aligning with expectations. Whale demand increased by $13 billion, and Bitcoin ETFs saw $512 million in inflows over three days. On-chain data from IntoTheBlock shows BTC large transactions rose 40% to $42.9 billion. The MACD indicator signals bullish momentum, with Bitcoin targeting $96,000. However, a potential sell-the-news event could trigger a pullback to $80,000 if whales exit. Failure to break $90,000 may lead to retracement, with key support at $76,606. Despite risks, market sentiment remains positive amid institutional accumulation and ETF growth.”
Shivam Thakral, CEO of BuyUcoin, said, “Bitcoin is surging toward the $86,000 mark following the Federal Reserve's decision to maintain interest rates steady while projecting two rate cuts in 2025. This move aligns with market expectations and has sparked optimism among traders. In the last 24 hours, Bitcoin reached an intraday high of approximately $85,950, reflecting a positive sentiment in the crypto market. Additionally, altcoins like Ethereum and XRP have also experienced notable gains of 4.69% and 7.88%, respectively.”
CoinDCX Research Team noted, “The bulls are gaining back some strength as the markets experienced a significant rise before the daily close. With the Bitcoin price reclaiming $87,000, Ethereum surged above $2000. Meanwhile, Litecoin remains consolidated below $100 and Cardano below $0.8. Solana is testing one of the pivotal resistances at $133 and if it manages to secure this range, a rise to $150 could be imminent. Overall the market sentiments have turned bullish, hinting towards a prolonged ascending trend for the rest of 2025.”
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.
Trending News
Top Headlines
