Bitcoin (BTC), the world’s oldest and most valued cryptocurrency, dipped below the $28,000 mark early Tuesday. Popular altcoins — including the likes of Ethereum (ETH), Dogecoin (DOGE), Ripple (XRP), and Litecoin (LTC) — landed in the reds across the board. Bitcoin SV (BSV) went on to become the biggest gainer, with a 24-hour jump of over 14 percent. Memecoin PEPE became the biggest loser, with a 24-hour dip of nearly 8 percent. 


The global crypto market cap stood at $1.09 trillion at the time of writing, registering a 24-hour loss of 1.81 percent.


Bitcoin (BTC) Price Today


Bitcoin price stood at $27,592.38, registering a 24-hour dip of 1.84 percent, as per CoinMarketCap. According to Indian exchange WazirX, BTC price stood at Rs 23.33 lakh.


Ethereum (ETH) Price Today


ETH price stood at $1,666.10, marking a 24-hour loss of 3.68 percent at the time of writing. As per WazirX, Ethereum price in India stood at Rs 1.43 lakh.


Dogecoin (DOGE) Price Today


DOGE registered a 24-hour dip of 2.17 percent, as per CoinMarketCap data, currently priced at $0.06217. As per WazirX, Dogecoin price in India stood at Rs 5.30.


Litecoin (LTC) Price Today


Litecoin saw a 24-hour loss of 2.48 percent. At the time of writing, it was trading at $66.17. LTC price in India stood at Rs 5,605.01.


Ripple (XRP) Price Today


XRP price stood at $0.5138, seeing a 24-hour dip of 2.24 percent. As per WazirX, Ripple price stood at Rs 43.90.


Solana (SOL) Price Today


Solana price stood at $23.67, marking a 24-hour loss of 1.80 percent. As per WazirX, SOL price in India stood at Rs 1,995.48. 


Top Crypto Gainers Today (October 3)


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


Bitcoin SV (BSV)


Price: $41.14
24-hour gain: 14.31 percent


Mantle (MNT)


Price: $0.4096
24-hour gain: 2.13 percent


Bitcoin Cash (BCH)


Price: $247.51
24-hour gain: 1.73 percent


UNUS SED LEO (LEO)


Price: $3.72
24-hour gain: 1.70 percent


dYdX (DYDX)


Price: $2.07
24-hour gain: 1.18 percent


Top Crypto Losers Today (October 3)


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


Pepe (PEPE)


Price: $0.0000007451
24-hour loss: 7.84 percent


Frax Share (FXS)


Price: $5.41
24-hour loss: 7.52 percent


GMX (GMX)


Price: $39.57
24-hour loss: 7.45 percent


THORChain (RUNE)


Price: $2.02
24-hour loss: 7.18 percent


ApeCoin (APE)


Price: $1.18
24-hour loss: 7.05 percent


What Crypto Exchanges Are Saying About Current Market Scenario


Mudrex co-founder and CEO Edul Patel told ABP Live, “The price of Bitcoin rose above the $28,000 level, reaching its highest point in the last 30 days, before consolidating around $27,500. This price movement could be because of the US 10-year Treasury yield surging by 11 basis points to 4.69 percent, impacting the gains caused by positive events such as the approval of Ether futures ETFs by the US SEC. It's worth noting that October has historically been a strong month for Bitcoin prices and that Bitcoin’s value has seen increase of 68.21 percent over the year. Meanwhile, Ethereum has maintained a position above the $1,650 mark. Notably, Grayscale filed an SEC application just yesterday to transform its Ethereum Trust into a spot ETF.”


Shubham Hudda, Senior Manager, CoinSwitch Markets Desk, said, “Bitcoin (BTC, -1.4 percent) momentarily broke above the extremely important resistance of $28,500, which is the 50-day Exponential Moving Average (50EMA) as well before bears took the grip and BTC fell back to around $27,500. This volatility means that the market saw its highest volumes in more than a month. More volumes will attract more traders to the market. In an interesting development yesterday, a Twitter account named @satoshi became active after 5 years and claimed that Bitcoin is a predicate machine with different aspects yet to be explored. However, the person seemingly controlling this account is Craig Wright, who was unable to prove in a court of law that he is the real Satoshi.”


Rajagopal Menon, Vice President, WazirX, said, “Prices of key tokens such as Bitcoin and Ethereum increase, keeping up with the annual trend of price recovery in October. With anticipated ETF approvals on the horizon, the surge could likely be a unique one this year. The market is also looking forward to a final decision on interest rate hikes even though the possibility of the same appears less likely. Solana’s price exploded by 14 percent as its series of partnership efforts to enable easy adoption of crypto seems to be bearing fruit.”


Sathvik Vishwanath, CEO and co-founder of Unocoin, said, “Cryptocurrency markets experienced a dramatic turn of events when more than $70 million worth of crypto shorts were unexpectedly liquidated following a sudden surge in the prices of Bitcoin (BTC) and Ether (ETH). Bitcoin posted an impressive 3 percent gain in just 15 minutes, reaching a price of over $28,000. At the same time, the price of Ether rose by as much as 4.7 percent and briefly reached $1,755. Currently, bitcoin is trading at around $27,600 and Ethereum is trading around $1666. This surprising upward movement has left the crypto community confused, and many attribute it to ‘Uptober,’ a term used to describe October as historically bullish for Bitcoin and other cryptocurrencies. According to CoinGlass data, October has only produced negative monthly returns twice since 2013.”


Shivam Thakral, CEO of BuyUcoin, said, “Bitcoin had an exciting start to the week as it breached the $28,000 mark on Monday, its best performance since August. The overall crypto market cap touched $1.09 trillion with BTC and ETH leading the effort. BTC lost support above the $28,000 mark and slipped to $27,500 at the time of writing showing a high level of volatility in the market. Markets are expected to remain choppy in the coming weeks due to uncertain macroeconomic factors.” 


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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.