Cryptocurrency Price Today (September 24): Bitcoin Remains Stable At $63,000, TIA Becomes Top Gainer
Cryptocurrency price on September 24 quick take: The global market cap dipped to $2.22 trillion.
Bitcoin (BTC), the world’s oldest and most valued cryptocurrency, managed to hold on to the $63,000 mark early Tuesday. Other popular altcoins — including the likes of Ethereum (ETH), Dogecoin (DOGE), Solana (SOL), Ripple (XRP), and Litecoin (LTC) — saw minor losses across the board as the overall Market Fear & Greed Index stood at 51 (Neutral) out of 100, as per CoinMarketCap data. The Celestia (TIA) token, became the biggest gainer with a 24-hour jump of nearly 14 percent. The UNUS SED LEO (LEO) token became the top gainer, with a 24-hour loss of nearly 7 percent.
The global crypto market cap stood at $2.22 trillion at the time of writing, registering a 24-hour dip of 0.48 percent.
Bitcoin (BTC) Price Today
Bitcoin price stood at $63,357.65, registering a 24-hour dip of 0.60 percent, as per CoinMarketCap. According to Indian exchanges, BTC price stood at Rs 53.16 lakh.
Ethereum (ETH) Price Today
ETH price stood at $2,640.42, marking a 24-hour loss of 0.60 percent at the time of writing. Ethereum price in India stood at Rs 1.98 lakh.
Dogecoin (DOGE) Price Today
DOGE registered a 24-hour loss of 0.16 percent, as per CoinMarketCap data, currently priced at $0.1075. Dogecoin price in India stood at Rs 9.04.
Litecoin (LTC) Price Today
Litecoin saw a 24-hour dip of 2.15 percent. At the time of writing, it was trading at $66.49. LTC price in India stood at Rs 5,209.75.
Ripple (XRP) Price Today
XRP price stood at $0.5854, seeing a 24-hour loss of 1.22 percent. Ripple price in India stood at Rs 49.50.
Solana (SOL) Price Today
Solana price stood at $146.33, marking a 24-hour dip of 0.27 percent. SOL price in India stood at Rs 12,236.74.
Top Crypto Gainers Today (September 24)
As per CoinMarketCap data, here are the top five crypto gainers over the past 24 hours:
Celestia (TIA)
Price: $6.28
24-hour gain: 13.59 percent
Arweave (AR)
Price: $22.96
24-hour gain: 12.72 percent
NEAR Protocol (NEAR)
Price: $5.26
24-hour gain: 9.07 percent
Ronin (RON)
Price: $1.79
24-hour gain: 8.77 percent
Stacks (STX)
Price: $1.87
24-hour gain: 6.45 percent
Top Crypto Losers Today (September 24)
As per CoinMarketCap data, here are the top five crypto losers over the past 24 hours:
UNUS SED LEO (LEO)
Price: $5.56
24-hour loss: 6.70 percent
Sui (SUI)
Price: $1.52
24-hour loss: 5.75 percent
Monero (XMR)
Price: $166.23
24-hour loss: 5.31 percent
Akash Network (AKT)
Price: $2.81
24-hour loss: 5.24 percent
Helium (HNT)
Price: $7.28
24-hour loss: 4.65 percent
What Crypto Exchanges Are Saying About Current Market Scenario
Mudrex co-founder and CEO Edul Patel told ABP Live, “Bitcoin is experiencing slight profit booking from investors after a major rally since the Fed’s rate cut. While Bitcoin had breached the key resistance of $64,000, it could not sustain above the resistance level, retracing back to the $62,800 level. Bitcoin will need to surpass the new resistance at $64,500 to trigger another upward surge, while its support has shifted to $62,300. Ethereum also saw a strong rally, up 15% over the past week, currently trading at $2,600. Meanwhile, Bitcoin spot ETFs hit a record $17.7 billion in net inflows last week, signalling strong market sentiment across the crypto market.”
CoinSwitch Markets Desk noted, “Bitcoin is facing a tough battle at the key resistance level of $65,000, maintaining a Lower High pattern. For bulls to regain control, they will need to generate enough momentum to break through this critical barrier. Bitcoin’s initial support is at $62,500, with a more robust floor around $59,000 and the $65,000 level remains a key resistance. A clear break above this could open the path to the $70,000 mark. However, the daily RSI shows a bearish divergence, suggesting potential downside risks. Bitcoin must hold above $62,500 to invalidate these bearish signals.”
Avinash Shekhar, Co-founder & CEO, Pi42, said, “After the Federal Reserve intervened by lowering interest rates, there was a $321 million spike in the boosting of digital asset rally. With Bitcoin leading with $284 million inflows, Ethereum on the other hand shows outflows for the fifth consecutive week. Institutional investors drive the momentum, with Fidelity's FBTC reaching a total value of $138 million. Additionally, US markets account for the majority of the $277 million inflows. Although Bitcoin is now trading above its important resistance level of $63,000, a bullish divergence can be seen boosting investors confidence. Bitcoin's $63,000 Resistance Level appears to be brewing as the crypto fights for sustained positive momentum in the highly volatile market."
Sathvik Vishwanath, CEO and co-founder of Unocoin, said, “Bitcoin (BTC) has paused its recent upward movement, holding steady above the key $62,000 level after a 7.5% rise last week. On-chain data indicates neutral sentiment among traders, with Coinglass showing a long-to-short ratio of 1.0. US spot Bitcoin ETFs saw a slight 1.66% drop in inflows, down to $397.20 million. BTC’s technical indicators remain mixed, with the MACD signalling a bullish crossover, while the RSI suggests fading momentum. If $62,000 support holds, Bitcoin may retest $65,379. A break below $57,610 could lead to further declines, with support around $56,000.”
Shivam Thakral, CEO of BuyUcoin, said, “The cryptocurrency market has seen a significant upswing in the last day, primarily driven by artificial intelligence (AI) related tokens. Near (NEAR) and Render (RNDR) led this surge and saw impressive gains of 18%-20%. This momentum comes from the recent interest rate cut by the Federal Reserve, which has improved the environment for riskier assets such as cryptocurrencies. As a result of increased market optimism, the CoinDesk 20 Index increased by 1.5%.”
CoinDCX Research Team told ABP Live, “In the last 24 hours, BTC moved sideways following its recent upside move, while most other tokens continued to rise. AI tokens like TAO and NEAR outperformed the market. ETH also started outperforming BTC, delivering positive returns yesterday, but it remains below the key $2,800 level, which needs to be reclaimed for further bullish momentum. For BTC, holding above the $61,750 level is crucial for sustaining its current position.”
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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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