Cryptocurrency Price Today (October 28): Bitcoin Stable Within $67,000 Over The Weekend, Mantra Becomes Top Gainer
Cryptocurrency price on October 28 quick take: The global market cap dipped to $2.3 trillion.
Bitcoin (BTC), the world’s oldest and most valued cryptocurrency, managed to remain stable within the $67,000 range over the weekend. 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 54 (Neutral) out of 100, as per CoinMarketCap data. The MANTRA (OM) token became the biggest gainer with a 24-hour jump of nearly 11 percent. Memecoin cat in a dogs world (MEW) became the biggest loser, with a 24-hour loss of nearly 11 percent.
The global crypto market cap stood at $2.3 trillion at the time of writing, registering a 24-hour jump of 0.58 percent.
Bitcoin (BTC) Price Today
Bitcoin price stood at $67,807.14, registering a 24-hour jump of 1.09 percent, as per CoinMarketCap. According to Indian exchanges, BTC price stood at Rs 57.04 lakh.
Ethereum (ETH) Price Today
ETH price stood at $2,481.89, marking a 24-hour gain of 0.19 percent at the time of writing. Ethereum price in India stood at Rs 2.09 lakh.
Dogecoin (DOGE) Price Today
DOGE registered a 24-hour jump of 3.43 percent, as per CoinMarketCap data, currently priced at $0.1425. Dogecoin price in India stood at Rs 12.
Litecoin (LTC) Price Today
Litecoin saw a 24-hour jump of 2.58 percent. At the time of writing, it was trading at $70.69. LTC price in India stood at Rs 5,943.60.
Ripple (XRP) Price Today
XRP price stood at $0.5126, seeing a 24-hour loss of 0.25 percent. Ripple price in India stood at Rs 43.14.
Solana (SOL) Price Today
Solana price stood at $173.99, marking a 24-hour jump of 0.25 percent. SOL price in India stood at Rs 14,951.54.
Top Crypto Gainers Today (October 28)
As per CoinMarketCap data, here are the top five crypto gainers over the past 24 hours:
Mantra (OM)
Price: $1.40
24-hour gain: 10.22 percent
Dogecoin (DOGE)
Price: $0.143
24-hour gain: 3.67 percent
Fantom (FTM)
Price: $0.6662
24-hour gain: 3.23 percent
ORDI (ORDI)
Price: $33.05
24-hour gain: 3.17 percent
Raydium (RAY)
Price: $3.29
24-hour gain: 2.76 percent
Top Crypto Losers Today (October 28)
As per CoinMarketCap data, here are the top five crypto losers over the past 24 hours:
cat in a dogs world (MEW)
Price: $0.00912
24-hour loss: 10.21 percent
Sui (SUI)
Price: $1.68
24-hour loss: 7.56 percent
Mog Coin (MOG)
Price: $0.000001677
24-hour loss: 6.14 percent
Celestia (TIA)
Price: $5.06
24-hour loss: 5.91 percent
Sei (SEI)
Price: $0.3599
24-hour loss: 4.77 percent
What Crypto Exchanges Are Saying About Current Market Scenario
Mudrex co-founder and CEO Edul Patel told ABP Live, “Bitcoin is on an upward trend, trading around $67,600 after experiencing a weekend of high volatility due to Middle East tensions. Despite this, BTC remains strong above $67,000, supported by ETF inflows totalling at $3 billion in October. With Bitcoin’s market dominance nearing 60%, momentum is likely to continue, fueled by growing interest from retail and institutional investors. BTC faces resistance at $68,300, with key support at $66,100.”
CoinSwitch Markets Desk noted, “BTC closed the very important weekly close last week above the 68k USD mark, meaning we could soon see a rally to all time highs, if there are no more hiccups like a full-fledged war in the Israel region. With the result of next president of the United States just a week away, a likely Trump win is also been seen as a positive development by the crypto community. It is to be noted that Trump has already announced his plan to make Elon Musk lead the new Department Of Government Efficiency (D.O.G.E.) if elected, which could also start a rally in Musk's favorite crypto Dogecoin again.”
Avinash Shekhar, Co-founder & CEO, Pi42, said, “Bitcoin is at a critical point, trading at $67,822. BTC lost over 2% this week but buyers have successfully defended the $65,000 level and forwarded the price back above $67,500. Bitcoin's momentum remains constructive as long as it stays above $65,000. If buyers can push the price above $69,550, then the bullish trend can move to the top of the range at $73,777 where the price may find resistance at $70,000.”
Sathvik Vishwanath, CEO and co-founder of Unocoin, said, “On October 25, sellers attempted to drive Bitcoin below the 20-day exponential moving average of $66,201, but buyers maintained support, indicating positive market sentiment. For upward momentum, buyers need to push Bitcoin above $69,550, with significant resistance at $70,000, potentially leading to a target of $72,000. Conversely, a close below $65,000 would shift momentum to the bears, risking a decline to the 50-day simple moving average at $63,259, and crucial support at $60,000. The 4-hour chart shows flattened moving averages and an RSI near the midpoint, reflecting a balance in supply and demand.”
Shivam Thakral, CEO of BuyUcoin, said, “In the last 24 hours, Bitcoin (BTC) rose by 0.71% to $67,613, while Solana (SOL) gained an impressive 3.13% over the past week, reaching $174. FTX's $228 million settlement of its lawsuit against Bybit, which permits the withdrawal of $175 million in digital assets, is one of the major events this weekend that should boost market confidence. This development signals a positive shift as FTX moves closer to repaying affected customers. Furthermore, the increasing demand for AI meme coins has positioned Solana as a leader in this new market, accelerating its price growth.”
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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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