Cryptocurrency Price Today (October 30): Bitcoin Rises Above $72,000 As Bull Run Continues
Cryptocurrency price on October 30 quick take: The global market cap rose to $2.39 trillion.
Bitcoin (BTC), the world’s oldest and most valued cryptocurrency, rose above the $72,000 mark early Wednesday, continuing its much-needed rally. 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 67 (Greed) out of 100, as per CoinMarketCap data. The SUI token became the biggest gainer for the second consecutive day, with a 24-hour jump of over 12 percent. Kaspa (KAS) became the biggest loser, with a 24-hour loss of nearly 7 percent.
The global crypto market cap stood at $2.39 trillion at the time of writing, registering a 24-hour jump of 1.37 percent.
Bitcoin (BTC) Price Today
Bitcoin price stood at $72,534.70, registering a 24-hour jump of 1.94 percent, as per CoinMarketCap. According to Indian exchanges, BTC price stood at Rs 57.04 lakh.
Ethereum (ETH) Price Today
ETH price stood at $2,681.15, marking a 24-hour gain of 2.29 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 7.22 percent, as per CoinMarketCap data, currently priced at $0.1767. Dogecoin price in India stood at Rs 12.
Litecoin (LTC) Price Today
Litecoin saw a 24-hour jump of 1.36 percent. At the time of writing, it was trading at $72.95. LTC price in India stood at Rs 5,943.60.
Ripple (XRP) Price Today
XRP price stood at $0.526, seeing a 24-hour gain of 0.45 percent. Ripple price in India stood at Rs 43.14.
Solana (SOL) Price Today
Solana price stood at $180.28, marking a 24-hour loss of 0.36 percent. SOL price in India stood at Rs 14,951.54.
Top Crypto Gainers Today (October 30)
As per CoinMarketCap data, here are the top five crypto gainers over the past 24 hours:
Sui (SUI)
Price: $2.07
24-hour gain: 12.04 percent
Maker (MKR)
Price: $1,206.21
24-hour gain: 7.91 percent
Sei (SEI)
Price: $0.4115
24-hour gain: 7.34 percent
Dogecoin (DOGE)
Price: $0.1766
24-hour gain: 7.13 percent
FLOKI (FLOKI)
Price: $0.0001507
24-hour gain: 5.04 percent
Top Crypto Losers Today (October 30)
As per CoinMarketCap data, here are the top five crypto losers over the past 24 hours:
Kaspa (KAS)
Price: $0.1122
24-hour loss: 6.24 percent
Brett (Based) (BRETT)
Price: $0.09937
24-hour loss: 3.57 percent
Bitcoin SV (BSV)
Price: $50.99
24-hour loss: 3.13 percent
First Neiro On Ethereum (NEIRO)
Price: $0.001663
24-hour loss: 2.56 percent
cat in a dogs world (MEW)
Price: $0.009925
24-hour loss: 2.40 percent
What Crypto Exchanges Are Saying About Current Market Scenario
Mudrex co-founder and CEO Edul Patel told ABP Live, “Continuing the momentum, Bitcoin rallied to $73,500 before investors turned to profit booking, coming close to the previous all-time high of $73,750. Currently stabilising at $72,400, BTC saw a record trading volume of $3 billion into spot ETFs fueling BTC’s price action. With the technical charts looking strong, BTC is all set to create a new ATH in the next few days. Bitcoin’s resistance stands at $74,000 and strong support lies at $70,000.”
Avinash Shekhar, Co-founder & CEO, Pi42, said, “Bitcoin's latest rally, nearing all-time highs, showcases the growing momentum and confidence in digital assets. With over $3 billion in spot ETF trading volume and significant short liquidations, it's clear that investor interest is accelerating as we approach the U.S. presidential elections. The outcome of this election could have substantial effects on global markets, and Bitcoin, as a key digital asset, will likely see heightened volatility. As institutional adoption grows, Bitcoin continues to establish itself as a major strategic asset, with near-term market responses shaped by both political and economic developments.”
Sathvik Vishwanath, CEO and co-founder of Unocoin, said, “Bitcoin is targeting a new all-time high in October, trading around $72,200 as it aims to close the month on a strong note, boosted by heightened buying pressure. BTC recently surpassed a resistance of $73,700, reaching a $1.45 trillion market cap. Exchange reserves are at record lows, suggesting robust investor demand, while Bitcoin ETFs have seen inflows of $3.9 billion since October 11. The price surge is linked to rising odds of Donald Trump’s election campaign, promising a pro-crypto stance. If BTC surpasses its all-time high of $73,777, it could further bolster October’s historical bullish trend.”
Shivam Thakral, CEO of BuyUcoin, said, “In the last 24 hours, Bitcoin (BTC) has soared above $73,000, reaching an impressive peak of $73,500, its all-time high. This surge is driven by robust institutional demand, with U.S. Bitcoin ETF holdings hitting a record $66 billion. The market is optimistic as Bitcoin open interest surged by $2 billion in just 48 hours, reflecting heightened trading activity. Factors such as successful spot ETFs and favorable economic conditions further bolster the positive outlook for Bitcoin. Investors are optimistic that BTC must close above $76,000 to confirm a sustained breakout, indicating strong bullish momentum as institutional interest continues to grow.”
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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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