Cryptocurrency Price Today: Bitcoin Remains Stable At $63,000, PEPE Becomes Top Gainer

Cryptocurrency price on March 4 quick take: The global market cap rose to $2.38 trillion.

Bitcoin price stood at $63,442.52 on Monday. ( Image Source :Getty )

Bitcoin (BTC), the oldest and most valued cryptocurrency in the world, managed to remain stable in the $63,000 range over the weekend as it held on to its streak from last week. Other top coins, including the likes of — Ethereum (ETH), Dogecoin (DOGE), Solana (SOL), Ripple (XRP), and Litecoin (LTC) — saw a mix of gains and losses across the board. Memecoin PEPE turns out to be the biggest gainer of the lot, with a 24-hour jump of over 56 percent. Bitcoin SV (BSV), on the other hand, became the biggest loser, with a 24-hour dip of over 13 per cent. 

The global crypto market cap stood at $2.38 trillion at the time of writing, registering a 24-hour gain of 1.51 percent.

Bitcoin (BTC) Price Today

Bitcoin price stood at $63,442.52, registering a 24-hour gain of 2.39 percent, as per CoinMarketCap. According to Indian exchange WazirX, BTC price stood at Rs 54.42 lakh.

Ethereum (ETH) Price Today

ETH price stood at $3,471.52 marking a 24-hour jump of 1.13 percent at the time of writing. As per WazirX, Ethereum price in India stood at Rs 2.99 lakh.

Dogecoin (DOGE) Price Today

DOGE registered a 24-hour gain of 11.29 percent, as per CoinMarketCap data, currently priced at $0.1565. As per WazirX, Dogecoin price in India stood at Rs 13.21.

Litecoin (LTC) Price Today

Litecoin saw a 24-hour dip of 3.35 percent. At the time of writing, it was trading at $89.76. LTC price in India stood at Rs 7,663.61.

Ripple (XRP) Price Today

XRP price stood at $0.6348, seeing a 24-hour loss of 0.15 percent. As per WazirX, Ripple price stood at Rs 54.42.

Solana (SOL) Price Today

Solana price stood at $128.91, marking a 24-hour dip of 1.03 percent. As per WazirX, SOL price in India stood at Rs 11,000. 

Top Crypto Gainers Today (March 4)

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

Pepe (PEPE)

Price: $0.0000065448
24-hour gain: 56.20 percent

Fantom (FTM)

Price: $0.7059
24-hour gain: 31.20 percent

Bonk (BONK)

Price: $0.00003173
24-hour gain: 27.22 percent

JasmyCoin (JASMY)

Price: $0.02524
24-hour gain: 23.63 percent

Axelar (AXL)

Price: $2.41
24-hour gain: 20.25 percent

Top Crypto Losers Today (March 4)

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

Bitcoin SV (BSV)

Price: $105.68
24-hour loss: 13.80 percent

Bitcoin Cash (BCH)

Price: $459.18
24-hour loss: 11.53 percent

Axie Infinity (AXS)

Price: $10.33
24-hour loss: 8.27 percent

Sei (SEI)

Price: $0.7953
24-hour loss: 7.52 percent

ApeCoin (APE)

Price: $2.21
24-hour loss: 7.25 percent

What Crypto Exchanges Are Saying About Current Market Scenario

Mudrex co-founder and CEO Edul Patel told ABP Live, “Bitcoin traded above the $63,000 level over the weekend, showcasing a 23% climb in the last week and an impressive 45% surge in the preceding 30 days. IntoTheBlock reports that 97% of all Bitcoin addresses are currently profitable, marking a milestone unseen in over two years.  The upswing in price is credited to the growing mainstream adoption of spot Bitcoin ETFs and the upcoming Bitcoin Halving event. Bulls are currently active in the market and are eyeing $67,150”

Parth Chaturvedi, Investments Lead, CoinSwitch Ventures, said, “With the overall crypto market rising, global crypto M.Cap continues to pick up; crossing the $2.5 trillion level for the first time since December 2021. Simultaneously, with weekly gains of over 23%, BTC (+2.7% in the last 24 hours) is currently trading at over $63.5K; ETH (+1.4%) is trading at over $3.4K. Data shows that BTC withdrawals from exchanges are happening at a rapid pace, indicating rising investor activity. This could be a signal of a bullish future, given that BTC’s prices are maintained and the Crypto Fear and Greed Index continues to stay in the ‘Extreme Greed’ region with a score of 82/100.”

Rajagopal Menon, Vice President, WazirX, said, “Bitcoin soared above $64,000 on Monday, nearing its all-time high from November 2021. Over the past 24 hours, $59.27 million in Bitcoin positions were liquidated, with $38.52 million in shorts. The surge is linked to growing mainstream adoption, notably through Spot Bitcoin ETFs, fostering a stronger holding mentality. Long-term Bitcoin holders have reaped the most significant profits in this new wave of enthusiasm.”

Sathvik Vishwanath, CEO and co-founder of Unocoin, said, “Bitcoin's price at $62,000 sees a slight dip of 0.10% amid regulatory shifts and market movements. The UK's expanded seizure powers under the Economic Crime Act may bolster investor confidence, while Marathon Digital's Anduro platform aims to enhance Bitcoin's capabilities, potentially impacting its value. Nigeria's clarification on Binance fines underscores regulatory uncertainties. Despite challenges, Bitcoin remains bullish above $60,750, supported by technical indicators. Green Bitcoin introduces Gamified Green Staking, promoting eco-consciousness and offering rewards, shaping a sustainable financial landscape.”

Shivam Thakral, CEO of BuyUcoin, said, "Bitcoin surged above $64,000 again, being only 10% away from its ATH ($69,000). Bitcoin's market capitalization currently stands at $1.25 trillion with market dominance at 52.23%, after seeing an increase of 0.54% in the last 24 hours. Ethereum, on the other hand, is trying to break the $3,600 level, which could potentially push the second-largest cryptocurrency beyond $4,000."

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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.