Cryptocurrency Price Today: Bitcoin Rises Above $70,000, Memecoin dogwifhat Becomes Top Gainer

Cryptocurrency price on March 29 quick take: The global market cap rose to $2.65 trillion.

Bitcoin price stood at $70,476.70 on Friday.

Source : 3D Animation Production Company/Pixabay

Bitcoin (BTC), the world’s oldest and most valued cryptocurrency, managed to rise above the $70,000 mark after a day of slump. Other popular altcoins — including the likes of Ethereum (ETH), Dogecoin (DOGE), Ripple (XRP), Solana (SOL), and Litecoin (LTC) — saw a mix of reds and greens across the board. Memecoin dogwifhat (WIF) became the biggest gainer of the lot, with a 24-hour jump of over 22 percent. Aptos (APT) became the biggest loser of the lot, with a 24-hour dip of over 5 percent. 

The global crypto market cap stood at $2.65 trillion at the time of writing, registering a 24-hour gain of 1.29 percent.

Bitcoin (BTC) Price Today

Bitcoin price stood at $70,476.70, registering a 24-hour gain of 1.21 percent, as per CoinMarketCap. According to Indian exchange WazirX, BTC price stood at Rs 60.05 lakh.

Ethereum (ETH) Price Today

ETH price stood at $3,565.54, marking a 24-hour gain of 1.51 percent at the time of writing. As per WazirX, Ethereum price in India stood at Rs 3.05 lakh.

Dogecoin (DOGE) Price Today

DOGE registered a 24-hour jump of 8.57 percent, as per CoinMarketCap data, currently priced at $0.2137. As per WazirX, Dogecoin price in India stood at Rs 18.20.

Litecoin (LTC) Price Today

Litecoin saw a 24-hour dip of 1.32 percent. At the time of writing, it was trading at $94.29. LTC price in India stood at Rs 8,000.01.

Ripple (XRP) Price Today

XRP price stood at $0.6212, seeing a 24-hour gain of 1.57 percent. As per WazirX, Ripple price stood at Rs 53.40.

Solana (SOL) Price Today

Solana price stood at $188.13, marking a 24-hour jump of 2.33 percent. As per WazirX, SOL price in India stood at Rs 16,246.99. 

Top Crypto Gainers Today (March 29)

As per CoinMarketCap data, here are the top five crypto gainers over the past 24 hours:

dogwifhat (WIF)

Price: $3.77
24-hour gain: 22.12 percent

Maker (MKR)

Price: $3,830.42
24-hour gain: 14.53 percent

FLOKI (FLOKI)

Price: $0.0002491
24-hour gain: 12.06 percent

BitTorrent (New) (BTT)

Price: $0.000001646
24-hour gain: 10.16 percent

Dogecoin (DOGE)

Price: $0.2159
24-hour gain: 9.55 percent

Top Crypto Losers Today (March 29)

As per CoinMarketCap data, here are the top five crypto losers over the past 24 hours:

Aptos (APT)

Price: $17.15
24-hour loss: 5.77 percent

Axelar (AXL)

Price: $2.00
24-hour loss: 5.42 percent

Bittensor (TAO)

Price: $521.44
24-hour loss: 4.53 percent

Internet Computer (ICP)

Price: $17.67
24-hour loss: 3.67 percent

NEAR Protocol (NEAR)

Price: $7.08
24-hour loss: 2.90 per cent

What Crypto Exchanges Are Saying About Current Market Scenario

Mudrex co-founder and CEO Edul Patel told ABP Live, “Over the last 24 hours, Bitcoin has seen mostly sideways price movement, consolidating around $70,400. Despite this, Bitcoin's trading volume has decreased by about 20%. The next resistance level for Bitcoin is at $71,855, while the next support level is at $69,231. Ethereum has also exhibited sideways price action, currently trading around $3,550. Both Bitcoin and Ethereum are expected to face increased volatility due to approximately $15 billion worth of options expiring. Overall, the market remains extremely greedy.”

Parth Chaturvedi, Investments Lead, CoinSwitch Ventures, said, “Being one of the most important developments in the last 24 hours, FTX founder and former CEO Sam Bankman-Fried has been sentenced to 25 years in prison. On the market front, the top 10 crypto assets by M.Cap. have traded in the green in the last 24 hours, with DOGE (+9.4%) leading the gains. Technical analysis shows that DOGE’s performance could be attributed to a prolonged reversal, with a flattened-out bottom. We can expect a strong support around $0.15 with resistance at $0.21. Simultaneously, there have been new predictions around BTC’s price. According to Bitfinex, BTC (+2.3%) could reach $120k by the end of 2024. According to another prediction from Acheron Trading, BTC could attain gains as high as 150% during the current bull run. On the other hand, Ethereum has reached a pivotal achievement by surpassing one million active validators on the network. The second largest crypto by M.Cap. underwent a transition to proof-of-stake in September 2022. ”

Sathvik Vishwanath, CEO and co-founder of Unocoin, said, “Bitcoin jumped to $70,750, up 1.75% in 24 hours, as the total cryptocurrency market cap approaches $2 trillion. Institutional interest is evident, BlackRock's BIT Bitcoin ETF amassed 250,000 BTC worth $17.7 billion in just 11 weeks. The Fidelity FBTC ETF also surpassed $10 billion in assets. Robert Kiyosaki predicts Bitcoin's peak of $100,000 by September, which he attributes to the upcoming event by half. He is a proponent of acquiring bitcoins and tangible assets such as silver and gold. Immediate resistance levels for BTC/USD are at $71,677, $73,543 and $75,116, with support at $66,802, $64,875 and $63,078. RSI at 60 and 50 day EMA at $68,090 indicate strong buying interest and bullish trend.”

CoinDCX Research Team told ABP Live, “In the crypto market, both BTC and ETH maintained their momentum as positive inflows into BTC ETFs resumed. Technically, BTC is still consolidating sideways in lower timeframes, providing opportunities for strong tokens to surge. BTC remains above the key level of $69,000, signalling positivity. ETH regained momentum and reclaimed the 20EMA D, yet it still lags behind BTC. For a significant move, ETH needs to surpass $3,650. The ETH/BTC pair is hovering near a major support level, suggesting a potential boost for ETH and alts if it rises from here.”

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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.