Bitcoin (BTC), the world’s oldest and most valued cryptocurrency, managed to remain stable within the $67,000 range early Thursday. Other popular altcoins — including the likes of Ethereum (ETH), Dogecoin (DOGE), Solana (SOL), Ripple (XRP), and Litecoin (LTC) — saw a mix of gains and dips across the board as the overall Market Fear & Greed Index stood at 52 (Neutral) out of 100, as per CoinMarketCap data. Memecoin Goatseus Maximus (GOAT) became the biggest gainer with a 24-hour jump of nearly 26 percent. ApeCoin (APE) remained the top loser for the third consecutive day, with a 24-hour loss of nearly 9 percent.
The global crypto market cap stood at $2.32 trillion at the time of writing, registering a 24-hour dip of 0.12 percent.
Bitcoin (BTC) Price Today
Bitcoin price stood at $67,312.47, registering a 24-hour loss of 0.71 percent, as per CoinMarketCap. According to Indian exchanges, BTC price stood at Rs 58.06 lakh.
Ethereum (ETH) Price Today
ETH price stood at $2,551.76, marking a 24-hour dip of 2.26 percent at the time of writing. Ethereum price in India stood at Rs 2.30 lakh.
Dogecoin (DOGE) Price Today
DOGE registered a 24-hour jump of 1.34 percent, as per CoinMarketCap data, currently priced at $0.1405. Dogecoin price in India stood at Rs 12.45.
Litecoin (LTC) Price Today
Litecoin saw a 24-hour jump of 1.60 percent. At the time of writing, it was trading at $70.26. LTC price in India stood at Rs 6,223.45.
Ripple (XRP) Price Today
XRP price stood at $0.5311, seeing a 24-hour gain of 0.38 percent. Ripple price in India stood at Rs 46.04.
Solana (SOL) Price Today
Solana price stood at $172.96, marking a 24-hour jump of 5.18 percent. SOL price in India stood at Rs 14,312.59.
Top Crypto Gainers Today (October 24)
As per CoinMarketCap data, here are the top five crypto gainers over the past 24 hours:
Goatseus Maximus (GOAT)
Price: $0.7062
24-hour gain: 25.91 percent
Popcat (SOL) (POPCAT)
Price: $1.63
24-hour gain: 17.23 percent
cat in a dogs world (MEW)
Price: $0.01045
24-hour gain: 15.17 percent
Juptier (JUP)
Price: $1.07
24-hour gain: 10.16 percent
dogwifhat (WIF)
Price: $2.56
24-hour gain: 6.51 percent
Top Crypto Losers Today (October 24)
As per CoinMarketCap data, here are the top five crypto losers over the past 24 hours:
ApeCoin (APE)
Price: $1.18
24-hour loss: 8.71 percent
Beam (BEAM)
Price: $10.01828
24-hour loss: 5.43 percent
Flare (FLR)
Price: $0.01403
24-hour loss: 4.40 percent
Axie Infinity (AXS)
Price: $5.04
24-hour loss: 4.17 percent
Aptos (APT)
Price: $10.08
24-hour loss: 3.36 percent
What Crypto Exchanges Are Saying About Current Market Scenario
Mudrex co-founder and CEO Edul Patel told ABP Live, “Bitcoin is stabilising at $67,200 after dipping to a low of $65,200, while Ethereum dropped 2.5%, currently trading at $2,550. The sell-off was largely driven by a 400-point drop in the Dow Jones, mirroring weakness in the traditional markets. Adding to the pressure, Trump’s Polymarket odds slipped from 65% to 63%, creating a negative sentiment in the market. Bitcoin faces immediate resistance at $67,500, with support holding firm at $65,950.”
CoinSwitch Markets Desk noted, “Yesterday, Bitcoin experienced a notable decline, dropping from around $66,000 to a low of $65,260. This downturn coincided with negative performance in the SPY and Nasdaq. However, Bitcoin quickly rebounded, climbing back up to $67,300, suggesting it may have found a local bottom. If it breaks yesterday's low, the next support level to watch is $64,000. Notably, the Bitcoin ETFs saw a net inflow of $198.5 Million, signalling institutional demand.”
Avinash Shekhar, Co-founder & CEO, Pi42, said, “Bitcoin's key support level at $66,600 needs to hold to continue bullish momentum a breakdown can revive the scenario seen in previous drops which could be a bearish trend at $55,000 for a confirmed bullish momentum, BTC must rise above $70,500. Ethereum too has issues as recent weakness has driven prices down 9.6% from October 20 to October 23, even as increasing transaction fees have dropped people's incentives, making it lag behind in comparison with the greater market. The volumes on Ethereum DEXs fell by 13% across the reporting period and also suffered a net lock drop indicating a decline in interest. Moreover, uncertainty about the Prague-Electra network upgrade hangs over the near-term horizon as there is fear it may not find a difficult solution to blocking on the network where Ether's prospects of long-term growth depend. Market sentiments are neutral. Today on Thursday, the total global market capitalization hit $2.31 trillion, marking a 0.15% decrease over the last day.”
Sathvik Vishwanath, CEO and co-founder of Unocoin, said, “Bitcoin is currently stabilizing around $67,000, with bullish sentiment potentially attracting institutional interest. The cryptocurrency is showing notable volatility, testing support levels and exhibiting a mixed trend. Recent inflows into Bitcoin and Ethereum ETFs indicate growing confidence in the market. A recent breakout above the 50-day Exponential Moving Average at $67,250 could signal further upward momentum, with immediate resistance at $67,900. However, traders should remain cautious of bearish pressures, with key support levels at $65,230 and $63,760. Overall, the market's resilience suggests potential for continued interest and price movement in Bitcoin.”
Shivam Thakral, CEO of BuyUcoin, said, “In the past 24 hours, Bitcoin has seen a modest uptick, with Bitcoin (BTC) rising by 0.32% to reach $67,224. Notably, Solana (SOL) outperformed with a significant gain of 5.27%, showcasing resilience within the sector. Investors anticipate that the upcoming U.S. election may create further volatility, yet there is optimism for recovery in November. Investors are still hoping for a cryptocurrency recovery as sentiment stabilizes and possible regulatory clarity appears.”
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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.