Cryptocurrency Price Today: Ethereum Climbs Above $2,000 For The First Time Since May 2022
Cryptocurrency price on April 14 quick take: The global market cap rose to $1.28 trillion following the ETH Shanghai Upgrade.
Ethereum (ETH), the second-most popular coin after Bitcoin (BTC), managed to rise above the $2,000 mark for the first time since May last year, riding high on the success of the Shanghai Upgrade. BTC managed to remain stable within the $30,000 mark early Friday morning. Other popular altcoins — Dogecoin (DOGE), Ripple (XRP), Solana (SOL), and Litecoin (LTC) — saw notable gains across the board. Arbitrum (ARB) emerged to be the top gainer, with a 24-hour jump of over 27 percent.
The global crypto market cap stood at $1.28 trillion at the time of writing, registering a 24-hour gain of 4.12 percent.
Bitcoin (BTC) price today
Bitcoin price stood at $30,781.01, registering a 24-hour gain of 2.27 percent, as per CoinMarketCap. According to Indian exchange WazirX, BTC price stood at Rs 26.30 lakh.
Ethereum (ETH) price today
ETH price stood at $2,114.68, marking a 24-hour gain of 10.40 percent at the time of writing. As per WazirX, Ethereum price in India stood at Rs 1.81 lakh.
Dogecoin (DOGE) price today
DOGE registered a 24-hour jump of 8.33 percent, as per CoinMarketCap data, currently priced at $0.09042. As per WazirX, Dogecoin price in India stood at Rs 7.70.
Litecoin (LTC) price today
Litecoin saw a 24-hour gain of 6.72 percent. At the time of writing, it was trading at $98.75. LTC price in India stood at Rs 8,260.14.
Ripple (XRP) price today
XRP price stood at $0.5225, seeing a 24-hour jump of 3.42 percent. As per WazirX, Ripple price stood at Rs 44.90.
Solana (SOL) price today
Solana price stood at $25.16, marking a 24-hour gain of 4.76 percent. As per WazirX, SOL price in India stood at Rs 2,102.
Top crypto gainers today (April 14)
As per CoinMarketCap data, here are the top five crypto gainers over the past 24 hours:
Arbitrum (ARB)
Price: $1.52
24-hour gain: 27.40 percent
Rocket Pool (RPL)
Price: $52.91
24-hour gain: 24.08 percent
WOO Network (WOO)
Price: $0.2773
24-hour gain: 13.97 percent
Optimism (OP)
Price: $2.58
24-hour gain: 13.12 percent
Aptos (APT)
Price: $12.68
24-hour gain: 11.12 percent
Top crypto losers today (April 14)
As per CoinMarketCap data, here are the top four crypto losers over the past 24 hours:
UNUS SED LEO (LEO)
Price: $3.39
24-hour loss: 5.25 percent
Dai (DAI)
Price: $0.9999
24-hour loss: 0.04 percent
TrueUSD (TUSD)
Price: $1.00
24-hour loss: 0.04 percent
USD Coin (USDC)
Price: $0.3793
24-hour loss: 1.78 percent
What crypto exchanges are saying about the current market scenario
Mudrex co-founder and CEO Edul Patel told ABP Live, “In the last 24 hours, Bitcoin experienced a surge above the $30,800 level as the markets continued to react to the latest US inflation data. However, it has since decreased a bit and is currently being traded at the $30,600 level. The $30,400 level serves as BTC's support, while resistance is found at the $30,800 level. Meanwhile, Ethereum outperformed BTC by increasing more than 10 percent in the previous day, currently trading at the $2,000 level after the successful Shanghai upgrade. Since June 2022, ETH has grown by 135 percent from its lowest cycle. DOGE also increased by 7 percent following Twitter's collaboration with eToro, allowing users to trade crypto and stocks. Overall, market sentiment seems positive at the moment.”
WazirX Vice President Rajagopal Menon said, “Ethereum retains its $2,000+ levels in the light of the Shapella upgrade. Bitcoin’s case becomes stronger amidst suspected macroeconomic risks emerging from the US. DOGE continues to see a price surge after Twitter’s partnership with eToro for crypto and stock trading options on its app. On WazirX, BLUR and DYDX have been the top gainers. DYDX being built on ethereum and enabling participating in staking pools, is looking at a price increase.”
Sathvik Vishwanath, CEO and co-founder of Unocoin said, “Bitcoin is trading around $30,750 and Ethereum around $2,100, The Shapell upgrade, also known as the Ethereum Shanghai hard fork, completed the transition of the Ethereum network from PoW to a PoS consensus mechanism. Market watchers had mixed opinions on ETH's price reaction, with some predicting selling pressure, while others saw little impact or an increase in price. Bitcoin is up 1.8 percent and institutional investors see it as an uncorrelated asset that stands on its own.”
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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