Cryptocurrency Price Today (September 27): Bitcoin Climbs Above $65,000, Memecoin SHIB Becomes Biggest Gainer
Cryptocurrency price on September 27 quick take: The global market cap jumped to $2.29 trillion.
Bitcoin (BTC), the world’s oldest and most valued cryptocurrency, managed to rise above the $65,000 mark early Friday. 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 54 (Neutral) out of 100, as per CoinMarketCap data. Memecoin Shiba Inu (SHIB) became the biggest gainer with a 24-hour jump of nearly 22 percent. Monero (XMR) remained the top loser for the second consecutive day, with a 24-hour loss of over 2 percent.
The global crypto market cap stood at $2.29 trillion at the time of writing, registering a 24-hour gain of 2.48 percent.
Bitcoin (BTC) Price Today
Bitcoin price stood at $65,280.48, registering a 24-hour jump of 2.51 percent, as per CoinMarketCap. According to Indian exchanges, BTC price stood at Rs 53.16 lakh.
Ethereum (ETH) Price Today
ETH price stood at $2,647.30, marking a 24-hour gain of 1.26 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 jump of 10.39 percent, as per CoinMarketCap data, currently priced at $0.1211. Dogecoin price in India stood at Rs 9.04.
Litecoin (LTC) Price Today
Litecoin saw a 24-hour gain of 3.24 percent. At the time of writing, it was trading at $69.34. LTC price in India stood at Rs 5,209.75.
Ripple (XRP) Price Today
XRP price stood at $0.5899, seeing a 24-hour jump of 1.03 percent. Ripple price in India stood at Rs 49.50.
Solana (SOL) Price Today
Solana price stood at $150.82, marking a 24-hour jump of 0.85 percent. SOL price in India stood at Rs 12,236.74.
Top Crypto Gainers Today (September 27)
As per CoinMarketCap data, here are the top five crypto gainers over the past 24 hours:
Shiba Inu (SHIB)
Price: $0.00001901
24-hour gain: 21.47 percent
Conflux (CFX)
Price: $0.1856
24-hour gain: 17.65 percent
Bonk (BONK)
Price: $0.0000221
24-hour gain: 16.99 percent
Brett (Based) (BRETT)
Price: $0.1018
24-hour gain: 15.45 percent
eCash (XEC)
Price: $0.00003921
24-hour gain: 14.77 percent
Top Crypto Losers Today (September 27)
As per CoinMarketCap data, here are the top five crypto losers over the past 24 hours:
Monero (XMR)
Price: $162.29
24-hour loss: 2.24 percent
Aptos (APT)
Price: $8.32
24-hour loss: 1.81 percent
UNUS SED LEO (LEO)
Price: $5.87
24-hour loss: 1.41 percent
Artificial Superintelligence Alliance (FET)
Price: $1.65
24-hour loss: 0.59 percent
Aave (AAVE)
Price: $166.77
24-hour loss: 0.82 percent
What Crypto Exchanges Are Saying About Current Market Scenario
Mudrex co-founder and CEO Edul Patel told ABP Live, “Bitcoin is trading at $65,100 rallying up over 3% in a day as S&P 500 touches another all-time high. The rally is fueled by the hope that the US would manage a 'soft landing' on inflation, optimistic macroeconomic trends and renewed buying interest from institutional investors as China too cuts its interest rates. BTC is facing major resistance at the $65,700 level with key support at the $63,900 level.”
CoinSwitch Markets Desk noted, “Bitcoin reached its highest price in two months as the monetary stimulus in two of the largest economies, US and China continues to boast investor confidence. Bitcoin crossed its resistance at 65k USD mark with good volumes, making paths for its way across the next resistance path extremely soon.”
Avinash Shekhar, Co-founder & CEO, Pi42, said, “This week has been great for the crypto market as this week's market has shown a significant upturn. Bitcoin is ready for the big move as it is very close to the $70,000 threshold. A price break above $70,000 can be a catalyst for new investors coming in the picture. Bitcoin is currently trading at $64,958. There's a crucial moment for Ethereum because it needs to stay over the support level of $2,600 to continue the momentum. Ethereum is currently trading just above $2,600. Other assets are also showing gains. Polygon rose 4%. NEAR Protocol is up 7.8% as interest in the decentralized apps of the coin grew. Shiba Inu is up 22% in a day as big investors have bought it. Dogecoin's 8.93% lifts it closer to a key benchmark. Investors are relieved, but the crypto market is highly volatile, and investors are watching this closely. Optimism is that the gains in BTC and other assets can lead to changes in positive market sentiments."
Sathvik Vishwanath, CEO and co-founder of Unocoin, said, “Bitcoin is trending upwards in the long term, as investors have consistently bought at higher prices, signaling positive growth. Currently, it is trading within a rectangle pattern, with support at 53,252 and resistance at 67,753. A decisive breakout above or below these levels will define its next direction. Approaching resistance at 71,000 could trigger a negative reaction, but a breakout beyond 71,000 would be a bullish signal. The rising RSI curve supports the positive momentum. Overall, Bitcoin's long-term outlook remains technically neutral until a clear break of support or resistance occurs.”
Shivam Thakral, CEO of BuyUcoin, said, “The crypto market has experienced a significant resurgence in the past 24 hours, with Bitcoin surpassing $65,408 for the first time since early August. The U.S. Federal Reserve's recent interest rate cut and positive macroeconomic conditions fuel this rally and the resurgence of investor interest in spot Bitcoin ETFs. Furthermore, during the past day, there have been noteworthy gains of 9.83%, 23.04%, and 7.15% for altcoins such as Dogecoin, Shiba Inu, and ThorChain.”
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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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