Cryptocurrency Price Today: Bitcoin, Ethereum Remain Stable; STX Becomes Top Gainer
Cryptocurrency price on April 10 quick take: The global market cap stood at $1.18 trillion, showing minimal movement over the weekend.
Bitcoin (BTC) and Ethereum (ETH), two of the most popular crypto coins, managed to remain stable within the $28,000 and $1,800 range, respectively, over the weekend. Other popular altcoins — including the likes of Dogecoin (DOGE), Ripple (XRP), Solana (SOL), and Litecoin (LTC) — saw a mix of minor gains and losses across the board. The Stacks (STX) token emerged to be the biggest gainer of the lot, with a 24-hour jump of over 8 percent. Chiliz (CHZ), on the other hand, became the biggest loser with a 24-hour dip of 5 percent.
The global crypto market cap stood at $1.18 trillion at the time of writing, registering a 24-hour gain of 0.45 percent.
Bitcoin (BTC) price today
Bitcoin price stood at $28,242.31, registering a 24-hour gain of 0.66 percent, as per CoinMarketCap. According to Indian exchange WazirX, BTC price stood at Rs 24.42 lakh.
Ethereum (ETH) price today
ETH price stood at $1,856.84, marking a 24-hour jump of 0.07 percent at the time of writing. As per WazirX, Ethereum price in India stood at Rs 1.63 lakh.
Dogecoin (DOGE) price today
DOGE registered a 24-hour gain of 0.81 percent, as per CoinMarketCap data, currently priced at $0.08302. As per WazirX, Dogecoin price in India stood at Rs 7.29.
Litecoin (LTC) price today
Litecoin saw a 24-hour dip of 0.24 percent. At the time of writing, it was trading at $90.48. LTC price in India stood at Rs 7,803.49.
Ripple (XRP) price today
XRP price stood at $0.5038, seeing a 24-hour loss of 0.73 percent. As per WazirX, Ripple price stood at Rs 43.36.
Solana (SOL) price today
Solana price stood at $20.23, marking a 24-hour gain of 0.49 percent. As per WazirX, SOL price in India stood at Rs 1,789.
Top crypto gainers today (April 10)
As per CoinMarketCap data, here are the top five crypto gainers over the past 24 hours:
Stacks (STX)
Price: $0.8647
24-hour gain: 8.05 percent
Injective (INJ)
Price: $5.71
24-hour gain: 4.68 percent
SingularityNET (AGIX)
Price: $0.395
24-hour gain: 3.37 percent
XDC Network (XDC)
Price: $0.04216
24-hour gain: 3.01 percent
Render Token (RNDR)
Price: $1.30
24-hour gain: 2.83 percent
Top crypto losers today (April 10)
As per CoinMarketCap data, here are the top five crypto losers over the past 24 hours:
Chiliz (CHZ)
Price: $0.1294
24-hour loss: 5.00 percent
Curve DAO Token (CRV)
Price: $1.00
24-hour loss: 2.81 percent
Frax Share (FXS)
Price: $8.79
24-hour loss: 2.70 percent
IOTA (MIOTA)
Price: $0.2206
24-hour loss: 2.20 percent
Terra Classic (LUNC)
Price: $0.0001238
24-hour loss: 1.98 percent
What crypto exchanges are saying about the current market scenario
Mudrex co-founder and CEO Edul Patel told ABP Live, “Following the release of the non-farm payrolls report, which revealed that the US economy added 236,000 jobs the previous month, most cryptocurrencies experienced a surge in value. Bitcoin's price surpassed $28,000, with its support level currently established at $27,900 and resistance at $29,200. In the meantime, Ethereum is progressing towards reaching the $1,900 mark and is presently trading at $1,850 in anticipation of the upcoming Shanghai update scheduled for April 12.”
WazirX Vice President Rajagopal Menon said, “Ahead of Ethereum’s Shanghai upgrade, most holders are not expected to sell their staked tokens as they sit at a loss. With a drop in Ethereum’s market cap, there has been a decline for ETH liquid staking tokens. After a few days of price fluctuations, BTC now stands around $28,000. Regulators continue to tighten their stance on crypto, taking cues from the FTX collapse and subsequent market crash.”
Sathvik Vishwanath, CEO and co-founder of Unocoin said, “If Bitcoin is able to break through its current resistance level, we may see a significant price increase, potentially reaching $28,900 or even $29,250. On the other hand, if the current downtrend continues, we can expect significant support around $26,500 and $25,500. As of now, Bitcoin is trading at around $28,200.”
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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