Bitcoin (BTC), the world’s oldest and most valued cryptocurrency, remained stable at $56,000 early Wednesday. Other popular altcoins — including the likes of Ethereum (ETH), Dogecoin (DOGE), Solana (SOL), Ripple (XRP), and Litecoin (LTC) — largely landed in the greens across the board as the overall Market Fear & Greed Index stood at 32 (Neutral) out of 100, as per CoinMarketCap data. The AAVE token emerged to be the biggest gainer of the lot, with a 24-hour jump of nearly 8 percent. Memecoin dogwifhat (WIF) became the biggest loser, with a 24-hour dip of over 8 percent.
The global crypto market cap stood at $1.99 trillion at the time of writing, registering a 24-hour dip of 1.17 percent.
Bitcoin (BTC) Price Today
Bitcoin price stood at $56,622.53, registering a 24-hour dip of 1.04 percent, as per CoinMarketCap. According to Indian exchanges, BTC price stood at Rs 46.06 lakh.
Ethereum (ETH) Price Today
ETH price stood at $2,321.36, marking a 24-hour loss of 1.33 percent at the time of writing. Ethereum price in India stood at Rs 1.93 lakh.
Dogecoin (DOGE) Price Today
DOGE registered a 24-hour dip of 3.76 percent, as per CoinMarketCap data, currently priced at $0.1001. Dogecoin price in India stood at Rs 8.12.
Litecoin (LTC) Price Today
Litecoin saw a 24-hour jump of 0.74 percent. At the time of writing, it was trading at $61.30. LTC price in India stood at Rs 5,077.50.
Ripple (XRP) Price Today
XRP price stood at $0.5332, seeing a 24-hour dip of 1.10 percent. Ripple price in India stood at Rs 44.34.
Solana (SOL) Price Today
Solana price stood at $131.14, marking a 24-hour loss of 2.99 percent. SOL price in India stood at Rs 10,990.25.
Top Crypto Gainers Today (September 11)
As per CoinMarketCap data, here are the top five crypto gainers over the past 24 hours:
Aave (AAVE)
Price: $149.16
24-hour gain: 7.49 percent
Internet Computer (ICP)
Price: $8.53
24-hour gain: 7.40 percent
Bitcoin SV (BSV)
Price: $49.47
24-hour gain: 2.50 percent
THORChain (RUNE)
Price: $4
24-hour gain: 2.46 percent
Uniswap (UNI)
Price: $6.72
24-hour gain: 1.62 percent
Top Crypto Losers Today (September 11)
As per CoinMarketCap data, here are the top five crypto losers over the past 24 hours:
dogwifhat (WIF)
Price: $1.54
24-hour loss: 8.53 percent
Arweave (AR)
Price: $18.71
24-hour loss: 6.99 percent
Popcat (SOL) (POPCAT)
Price: $0.5712
24-hour loss: 6.65 percent
Starknet (STRK)
Price: $0.3822
24-hour loss: 6.22 percent
Celestia (TIA)
Price: $3.94
24-hour loss: 5.74 percent
What Crypto Exchanges Are Saying About Current Market Scenario
Mudrex co-founder and CEO Edul Patel told ABP Live, “Bitcoin began a recovery, surpassing the $57,000 mark, as inflows returned to Bitcoin spot ETFs following a week of outflows. Positive market sentiment was further boosted by comments from Michael Saylor. Investors are now focused on upcoming U.S. inflation data. For further gains, BTC must break through the $58,000 resistance, with key support holding at $55,000.”
CoinSwitch Markets Desk noted, “After two weeks of consistent outflows, Bitcoin saw a positive shift yesterday, with $117 million in inflows signaling renewed buying interest by institutions.With U.S. CPI data due at 6:00 PM IST, market volatility is expected. If inflation comes in lower than anticipated, a short-term rally could be on the horizon. The Fear & Greed Index stands at 37, reflecting fear, but it's a notable improvement from last week's more extreme fear sentiment.Overall, today promises to be an exciting one, setting the stage for price action that could shape market momentum for the weeks ahead.”
Avinash Shekhar, Co-founder & CEO, Pi42, said, "The concern increases as the US presidential election approaches. A recent outflow of funds from Bitcoin and Ethereum ETFs, combined with a fall in stablecoin supply, implies that investors may have given up. The Crypto Fear & Greed Index at 37 remains in the “Fear” area which points to the fact that the market is still anxious. However, two major events could turn the tide: The presidential debate may give a temporary reprieve, while a positive CPI report could drive Bitcoin and boost the investors spirit."
Sathvik Vishwanath, CEO and co-founder of Unocoin, said, “Bitcoin fell as much as 1.5% before settling at $56,895 as of 9:49 p.m. Tuesday in New York. Meanwhile, U.S. stock futures and the dollar index fell slightly, while Treasuries were flat. Often associated with former President Trump's endorsement of digital assets, Bitcoin is closely watched for political influence over the cryptocurrency. Vice President Harris has yet to clarify her stance on cryptopolitics, though a campaign adviser has mentioned her support for measures that would encourage industry growth and ensure regulatory protections.”
Shivam Thakral, CEO of BuyUcoin, said, “In the last 24 hours, the crypto market has witnessed significant developments; the global crypto market cap increased by 0.31% over the day despite recent price fluctuations. Additionally, a recent survey finds that 73% of U.S. crypto investors will consider candidates' positions on crypto regulation in the upcoming presidential election.”
CoinDCX Research Team told ABP Live, “The crypto market saw an uptick yesterday but experienced a small decline today after the Kamala-Trump debate ended without any discussion on cryptocurrency. This resulted in Trump's chances of winning the election declining from 51% to 49% on Polymarket. On higher time frames (HTF), the market still looks positive, but the open CME gap at $53,000 is a concern. Today's CPI data release will be very important for setting the direction.”
Subscribe And Follow ABP Live On Telegram: t.me/officialabplive
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.