Cryptocurrency Price Today (September 30): Bitcoin Briefly Climbs Above $66,000, FTX Token Becomes Biggest Gainer
Cryptocurrency price on September 30 quick take: The global market cap stood at $2.28 trillion.
Bitcoin (BTC), the world’s oldest and most valued cryptocurrency, briefly managed to rise above the $66,000 mark early Monday, before settling down within the $64,000 range. Other popular altcoins — including the likes of Ethereum (ETH), Dogecoin (DOGE), Solana (SOL), Ripple (XRP), and Litecoin (LTC) — saw a mix of reds and grees across the board as the overall Market Fear & Greed Index stood at 56 (Neutral) out of 100, as per CoinMarketCap data. FTX Token (FTT) became the biggest gainer with a 24-hour jump of over 35 percent. Memecoin SHIB became the top loser, with a 24-hour loss of over 4 percent.
The global crypto market cap stood at $2.28 trillion at the time of writing, registering a 24-hour dip of 0.77 percent.
Bitcoin (BTC) Price Today
Bitcoin price stood at $64,560.20, registering a 24-hour dip of 1.39 percent, as per CoinMarketCap. According to Indian exchanges, BTC price stood at Rs 54.06 lakh.
Ethereum (ETH) Price Today
ETH price stood at $2,638.11, marking a 24-hour loss of 0.04 percent at the time of writing. Ethereum price in India stood at Rs 2.21 lakh.
Dogecoin (DOGE) Price Today
DOGE registered a 24-hour loss of 2.69 percent, as per CoinMarketCap data, currently priced at $0.1228. Dogecoin price in India stood at Rs 10.30.
Litecoin (LTC) Price Today
Litecoin saw a 24-hour dip of 0.79 percent. At the time of writing, it was trading at $68.25. LTC price in India stood at Rs 5,725.42.
Ripple (XRP) Price Today
XRP price stood at $0.645, seeing a 24-hour jump of 2.78 percent. Ripple price in India stood at Rs 54.14.
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 30)
As per CoinMarketCap data, here are the top five crypto gainers over the past 24 hours:
FTX Token (FTT)
Price: $2.16
24-hour gain: 35.76 percent
Ethena (ENA)
Price: $0.4157
24-hour gain: 16.37 percent
Mina (MINA)
Price: $0.604
24-hour gain: 12.78 percent
Conflux (CFX)
Price: $0.1961
24-hour gain: 11.49 percent
Bittensor (TAO)
Price: $595.39
24-hour gain: 10.46 percent
Top Crypto Losers Today (September 30)
As per CoinMarketCap data, here are the top five crypto losers over the past 24 hours:
Shiba Inu (SHIB)
Price: $0.00001874
24-hour loss: 4.16 percent
Nervos Network (CKB)
Price: $0.01744
24-hour loss: 3.20 percent
Akash Network (AKT)
Price: $2.86
24-hour loss: 2.98 percent
Dogecoin (DOGE)
Price: $0.1228
24-hour loss: 2.90 percent
Chainlink (LINK)
Price: $12.27
24-hour loss: 2.67 percent
What Crypto Exchanges Are Saying About Current Market Scenario
Mudrex co-founder and CEO Edul Patel told ABP Live, “Bitcoin saw profit-booking after briefly reaching $66,000. It is currently trading at $64,500. BTC is struggling to break past resistance. Despite this, strong gains in September, backed by strong spot ETF inflows and increasing interest from institutions like MicroStrategy, are keeping the momentum. As September ends, Bitcoin faces key resistance at $66,500, with support at $64,200. Additionally, FTX is also set to repay $16 Billion from today which could also impact the broader market.”
CoinSwitch Markets Desk noted, “BTC tested the key psychological support of 65k USD on the early hours of Monday as Japanese stock market index Nikkie 225 opened close to 2% lower than the previous close on Friday - indicating that even as the world seems to be running towards risk-on assets, Japanese are doing otherwise. This data comes in as the Chinese stock market has grown more than 16% in the last week with the the news of China putting in more stimulus in the market, creating a post-covid scenario where risk-on assets showed tremendous growth in a short period of time.”
Avinash Shekhar, Co-founder & CEO, Pi42, said, “The recent surge in net inflows for spot Bitcoin ETFs, exceeding $1 billion in just one week, reflects a strong resurgence of investor confidence, particularly following the Federal Reserve's interest rate cut. This momentum highlights a critical turning point in market sentiment, with Ark Invest leading the charge. Moreover, the renewed interest in spot Ethereum ETFs, which recorded their second-best week since launch, signals a potential shift in market dynamics. As investors diversify their portfolios, we may be witnessing the beginning of a broader recovery in the crypto space. The trends we are observing indicate that the market is increasingly receptive to digital assets, suggesting promising opportunities for both Bitcoin and Ethereum moving forward."
Sathvik Vishwanath, CEO and co-founder of Unocoin, said, “Several factors indicate a potential rise in Bitcoin's price this quarter. Seasonality, coupled with expectations of a global central bank easing cycle, could boost gains. The upcoming U.S. Presidential election in November may also impact market sentiment, particularly with Donald Trump, a known crypto supporter, running against Vice President Kamala Harris, who has recently shown a more positive stance toward cryptocurrencies. Historically, Bitcoin rallies intensify around 170 days post-halving, suggesting bullish trends ahead. Institutional demand from Bitcoin ETFs is rising, likely to drive further attention. Bulls are eyeing resistance levels starting at $70,000, with speculation around a possible $100,000 target as favourable economic conditions and political events unfold.”
Shivam Thakral, CEO of BuyUcoin, said, “In the last 24 hours, Bitcoin has shown remarkable recovery, trading over $64,000 and approaching the significant $70,000 mark. Ethereum and Solana are also gaining traction, reflecting positive momentum across the market. Notably, with a potential return on investment of 1200%, CYBRO's presale has surpassed $2.5 million, drawing interest from cryptocurrency whales. The positive sentiment in the market and the existence of significant support levels give Bitcoin and other major cryptocurrencies a promising future.”
CoinDCX Research Team told ABP Live, “BTC continues its upward trend, having crossed the $66,000 mark last week. The positive sentiment surrounding Bitcoin remains strong, and it's expected to maintain momentum. BTC has officially formed a higher high, a key bullish indicator. Historically, the fourth quarter (OND) has been the most bullish period, and a similar trend is anticipated this cycle.”
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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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