Cryptocurrency Price Today (October 14): Bitcoin Rises Above $64,000, BRETT Becomes Top Gainer
Cryptocurrency price on October 14 quick take: The global market cap rose to $2.24 trillion.
Bitcoin (BTC), the world’s oldest and most valued cryptocurrency, managed to rise above the $64,000 mark early Monday, bouncing back from a low of $59,000 over the weekend. 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 45 (NEutral) out of 100, as per CoinMarketCap data. The BRETT token became the biggest gainer with a 24-hour jump of over 18 percent. POPCAT became the top loser, 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 2.08 percent.
Bitcoin (BTC) Price Today
Bitcoin price stood at $64,274.09, registering a 24-hour jump of 2.31 percent, as per CoinMarketCap. According to Indian exchanges, BTC price stood at Rs 53.02 lakh.
Ethereum (ETH) Price Today
ETH price stood at $2,536.72, marking a 24-hour gain of 3.03 percent at the time of writing. Ethereum price in India stood at Rs 2.06 lakh.
Dogecoin (DOGE) Price Today
DOGE registered a 24-hour jump of 1.18 percent, as per CoinMarketCap data, currently priced at $0.1127. Dogecoin price in India stood at Rs 9.48.
Litecoin (LTC) Price Today
Litecoin saw a 24-hour dip of 0.18 percent. At the time of writing, it was trading at $65.73. LTC price in India stood at Rs 5,714.78.
Ripple (XRP) Price Today
XRP price stood at $0.5387, seeing a 24-hour gain of 0.41 percent. Ripple price in India stood at Rs 45.29.
Solana (SOL) Price Today
Solana price stood at $153.01, marking a 24-hour jump of 4.89 percent. SOL price in India stood at Rs 12,233.13.
Top Crypto Gainers Today (October 14)
As per CoinMarketCap data, here are the top five crypto gainers over the past 24 hours:
Brett (Based) (BRETT)
Price: $0.1141
24-hour gain: 18.69 percent
Ethena (ENA)
Price: $0.3848
24-hour gain: 17.14 percent
Worldcoin (WLD)
Price: $2.30
24-hour gain: 14.03 percent
Celestia (TIA)
Price: $6.20
24-hour gain: 11.25 percent
The Graph (GRT)
Price: $0.1762
24-hour gain: 7.56 percent
Top Crypto Losers Today (October 14)
As per CoinMarketCap data, here are the top five crypto losers over the past 24 hours:
Popcat (SOL) (POPCAT)
Price: $1.39
24-hour loss: 6.79 percent
Helium (HNT)
Price: $6.29
24-hour loss: 3.25 percent
EigenLayer (EIGEN)
Price: $3.62
24-hour loss: 2.33 percent
Uniswap (UNI)
Price: $7.87
24-hour loss: 2.13 percent
Aptos (APT)
Price: $10.10
24-hour loss: 1.51 percent
What Crypto Exchanges Are Saying About Current Market Scenario
Mudrex co-founder and CEO Edul Patel told ABP Live, “Bitcoin bounced back from $59,000 level and traded around $62,500 over the weekend. Other major cryptocurrencies, such as Ethereum and Solana, have shown similar trends, stabilising after their respective rebounds. Bitcoin saw significant inflows of nearly $1 billion last week, signalling strong market sentiment. However, investors remain cautious due to ongoing tensions in the Middle East. Bitcoin's support lies at $61,500, with resistance now at $64,300.”
CoinSwitch Markets Desk noted, “Bitcoin surged past the resistance at around 63k USD to touch 64k quickly in the early hours of trading today as the finance ministry of China promised higher debt issuance on Saturday. However, they did not speak about their highly anticipated fiscal stimulus which might discourage traders from entering Chinese and related stocks causing other markets like crypto, to gain.”
Sathvik Vishwanath, CEO and co-founder of Unocoin, said, “After September's hotter-than-expected US inflation data, Bitcoin (BTC) stabilized just below $64,000. The Consumer Price Index (CPI) report revealed that the year-over-year headline inflation rate for September was 2.4%, slightly above the forecasted 2.3%. In addition, the core CPI, which excludes food and energy costs, registered at 3.3%, marginally exceeding the expected 3.2%. These figures highlight ongoing inflationary pressures, impacting market sentiment and Bitcoin's performance as investors react to the economic indicators.”
Shivam Thakral, CEO of BuyUcoin, said, “Bitcoin (BTC) has surged 2.13% in the last 24 hours, now valued at $64,162. This uptick aligns with Vice President Kamala Harris's recent announcement on enhancing AI governance, which aims to bolster public trust in technology and could positively influence engagement with digital currencies. Former President Donald Trump has launched a new cryptocurrency venture to position himself as a pro-crypto advocate ahead of the elections. The focus on innovation and financial independence may sway voter sentiment and shape future crypto regulations. With these advancements, the future of cryptocurrencies looks bright as they become more and more popular in political discourse.”
Avinash Shekhar, Co-founder & CEO, Pi42, said, “October has been a slow month for Bitcoin, with prices consolidating in a narrow range. Bitcoin has recovered its critical $60,000 level and is currently trading at $62,562. However, trading volume is declining, as lower volume is typically a signal of bearish momentum. Meanwhile, the Memecoin is in turbo mode it is experiencing double-digit gains and has become the highest-performing asset in 2024. Ethereum price continues to display significant volatility, currently trading at $2,449. Shiba Inu is currently trading above the $0.000017 level it could slip down to $0.000015 if it fails to hold buying pressure."
CoinDCX Research Team told ABP Live, “The crypto market continues to rally after Friday's bullish U.S. PPI data. With the upcoming U.S. elections next month and historically strong performance during Q4, a potential rally is anticipated. BTC has broken above $64,000, setting the stage for a possible new high above $70,000 in the coming days. ETH has also begun to outperform BTC since last week, with solid price action that may continue its upward trend. Key support levels for ETH include $2,330 and $2,200, while resistance levels to watch are $2,550 and $2,700.”
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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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