(Source: ECI/ABP News/ABP Majha)
Cryptocurrency Price Today: Bitcoin Remains Below $27,000 Over The Weekend
Cryptocurrency price on September 25 quick take: The global market cap dipped to $1.04 trillion.
Bitcoin (BTC), the world’s oldest and most valued cryptocurrency, remained below the $27,000 mark over the weekend. Popular altcoins — including the likes of Ethereum (ETH), Dogecoin (DOGE), Ripple (XRP), Solana (SOL), and Litecoin (LTC) — traded sideways across the board. Curve DAO Token (CRV) went on to become the biggest gainer, with a 24-hour jump of over 8 percent. Toncoin (TON) became the biggest loser, with a 24-hour dip of over 4 percent.
The global crypto market cap stood at $1.04 trillion at the time of writing, registering a 24-hour dip of 1.08 percent.
Bitcoin (BTC) Price Today
Bitcoin price stood at $26,165.51, registering a 24-hour loss of 1.57 percent, as per CoinMarketCap. According to Indian exchange WazirX, BTC price stood at Rs 22.58 lakh.
Ethereum (ETH) Price Today
ETH price stood at $1,578.07, marking a 24-hour loss of 0.91 percent at the time of writing. As per WazirX, Ethereum price in India stood at Rs 1.36 lakh.
Dogecoin (DOGE) Price Today
DOGE registered a 24-hour dip of 1.05 percent, as per CoinMarketCap data, currently priced at $0.06093. As per WazirX, Dogecoin price in India stood at Rs 5.27.
Litecoin (LTC) Price Today
Litecoin saw a 24-hour loss of 0.85 percent. At the time of writing, it was trading at $64.35. LTC price in India stood at Rs 5,440.89.
Ripple (XRP) Price Today
XRP price stood at $0.5027, seeing a 24-hour dip of 1.17 percent. As per WazirX, Ripple price stood at Rs 42.90.
Solana (SOL) Price Today
Solana price stood at $19.49, marking a 24-hour loss of 0.41 percent. As per WazirX, SOL price in India stood at Rs 1,666.24.
Top Crypto Gainers Today (September 25)
As per CoinMarketCap data, here are the top five crypto gainers over the past 24 hours:
Curve DAO Token (CRV)
Price: $0.5172
24-hour gain: 8.80 percent
Aptos (APT)
Price: $5.42
24-hour gain: 5.57 percent
Terra Classic (LUNC)
Price: $0.00006186
24-hour gain: 3.48 percent
Pepe (PEPE)
Price: $0.0000006937
24-hour gain: 3.27 percent
Axie Infinity (AXS)
Price: $4.57
24-hour gain: 2.92 percent
Top Crypto Losers Today (September 25)
As per CoinMarketCap data, here are the top five crypto losers over the past 24 hours:
Toncoin (TON)
Price: $2.21
24-hour loss: 4.01 percent
UNUS SED LEO (LEO)
Price: $3.72
24-hour loss: 3.80 percent
Zcash (ZEC)
Price: $26.13
24-hour loss: 2.27 percent
Quant (QNT)
Price: $88.78
24-hour loss: 2.24 percent
Bitcoin SV (BSV)
Price: $30.88
24-hour loss: 2.24 percent
What Crypto Exchanges Are Saying About Current Market Scenario
Mudrex co-founder and CEO Edul Patel told ABP Live, “Bitcoin is trading above the $26,000 level, with the bulls actively countering the bearish sentiment in the market. Bitcoin currently faces resistance at the $27,500 mark. However, if the price falls below the current level, it may cause Bitcoin to revisit the $25,400 support zone. Meanwhile, Ethereum has been maintaining a range-bound trading pattern, trading between $1,550 and $1,600.”
Parth Chaturvedi, Investments Lead, CoinSwitch Ventures, said, “The crypto market traded sideways with a downward bias. As per CoinGecko, the global crypto M.Cap (-0.9 percent) is currently around $1.08 trillion. Alternatively jumping between the neutral and the fear zone over the weekend, the fear and greed index is back in the neutral zone with a score of 47/100. The overall trend in the crypto market continues to be down, with bearish sentiments, particularly after the remarks from the Feds. BTC (-1.4 percent) entered Monday below $26,300. The $26,000 support is crucial, as failure to maintain it with lead to additional selling pressure on BTC. The market is expecting BTC volatility to see an uptick as Bitcoin options worth $3 billion expire on September 29.”
Rajagopal Menon, Vice President, WazirX, said, “Bitcoin and Ether both dipped and traded below $26,300 and $1,600, respectively. This decline followed the U.S. Federal Reserve's hawkish stance at its September meeting, signalling an upcoming rate increase and prolonged higher rates. Bitcoin's failure to surpass its 50-day moving average at $26,876 suggests a bearish trend and further downward movement could occur if it falls below $26,000. Despite October's historical bullishness for Bitcoin, caution is advised without a 50-day M.A. breakthrough. On WazirX, Frontier (FRONT) and Tomochain (TOMO) have been the top gainers in the last 24 hours.”
Sathvik Vishwanath, CEO and co-founder of Unocoin, said, “Support for bitcoin is at $26,350 and fundamental at $26,200. A break of $26,200 could intensify the bearish momentum towards the $25,400 support. The ETH/USD trading pair is showing considerable volatility, hitting resistance at $1,600 and support at $1,575. A deviation from this range can trigger further price movements. ETH could face resistance at $1,625 and $1,660 if it breaks above $1,600, while a break below $1,575 could lead to a drop to $1,535. Key indicators such as the 50-day EMA, RSI and MACD point to a bearish trend. Watching the $1,575 level is key for potential selling opportunities.”
Atulya Bhat, CMO, BuyUcoin, said, “The markets remained calm over the weekend with BTC failing to retain the $27,000 level. BTC is hovering around the $26,162 mark while ETH is changing hands at the $1,577 level which is a marginal fluctuation in their value from the previous day. The rising crude oil process and geopolitical uncertainty may restrict the crypto market momentum in the coming weeks.”
CoinDCX Research Team told ABP Live, “Over the weekend, both Bitcoin (BTC) and Ethereum (ETH) maintained a steady price range. Bitcoin remained above the $26,000 mark despite stock market declines and a stronger US dollar, indicating its resilience. From a technical standpoint, Bitcoin's price action is currently influenced by two key levels: the 200-weekly Exponential Moving Average (EMA) at $24,700, which could provide support, and the 200-weekly Simple Moving Average (SMA) at $27,800, which may act as resistance. These levels are expected to play significant roles in shaping Bitcoin's price movement in the coming weeks.”
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.
Top Headlines
Trending News
