Cryptocurrency Price Today: Bitcoin Dips Below $30,000 As Ethereum Remains Stable
Cryptocurrency price on April 17 quick take: The global market cap stood at $1.27 trillion.
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 $1.27 trillion at the time of writing, registering a 24-hour gain of 0.19 percent.
Bitcoin (BTC) price today
Bitcoin price stood at $29,996.48, registering a minor 24-hour dip of 0.87 percent, as per CoinMarketCap. According to Indian exchange WazirX, BTC price stood at Rs 26.08 lakh.
Ethereum (ETH) price today
ETH price stood at $2,097.63, marking a 24-hour gain of 0.49 percent at the time of writing. As per WazirX, Ethereum price in India stood at Rs 1.80 lakh.
Dogecoin (DOGE) price today
DOGE registered a 24-hour jump of 0.09 percent, as per CoinMarketCap data, currently priced at $0.0893. As per WazirX, Dogecoin price in India stood at Rs 7.68.
Litecoin (LTC) price today
Litecoin saw a 24-hour gain of 2.97 percent. At the time of writing, it was trading at $98.87. LTC price in India stood at Rs 8,340.02.
Ripple (XRP) price today
XRP price stood at $0.514, seeing a 24-hour loss of 0.65 percent. As per WazirX, Ripple price stood at Rs 44.25.
Solana (SOL) price today
Solana price stood at $25.79, marking a 24-hour gain of 6.06 percent. As per WazirX, SOL price in India stood at Rs 2,200.
Top crypto gainers today (April 17)
As per CoinMarketCap data, here are the top five crypto gainers over the past 24 hours:
Render Token (RNDR)
Price: $1.95
24-hour gain: 16.49 percent
Rocket Pool (RPL)
Price: $59.42
24-hour gain: 12.37 percent
Injective (INJ)
Price: $9.42
24-hour gain: 9.67 percent
Casper (CSPR)
Price: $0.05538
24-hour gain: 8.98 percent
Avalance (AVAX)
Price: $20.80
24-hour gain: 8.76 percent
Top crypto losers today (April 17)
As per CoinMarketCap data, here are the top five crypto losers over the past 24 hours:
OKB (OKB)
Price: $52.61
24-hour loss: 4.30 percent
WOO Network (WOO)
Price: $0.3182
24-hour loss: 4.14 percent
Klaytn (KLAY)
Price: $0.2574
24-hour loss: 3.35 percent
Neo (NEO)
Price: $13.39
24-hour loss: 2.01 percent
Shiba Inu (SHIB)
Price: $0.00001143
24-hour loss: 1.94 percent
What crypto exchanges are saying about the current market scenario
Mudrex co-founder and CEO Edul Patel told ABP Live, “Over the weekend, Bitcoin remained consolidated around the $30,000 mark, after peaking at $31,005 on Friday, its highest level since June 2022. This led to bullish investors securing their profits. Conversely, Ethereum, the second most popular cryptocurrency, attained a fresh 11-month high of $2,141, arousing renewed optimism among investors after the successful Shanghai upgrade. ETH is now trading at $2,101, representing a 134 percent surge from its low point in June 2022. Overall, the market appears to be bullish.”
WazirX Vice President Rajagopal Menon said, “Ethereum retained its $2,000+ levels while Bitcoin slid slightly below $30,000 levels which it had retained in the last few days. Potential interest rate hike contributed to the same. Shiba Inu saw a price increase following the launch of the beta version of its Layer 2 network. On WazirX, Cartesi and Celer Network tokens have been the top gainers. Cartesi has introduced a set of new features on its network such as mainnet for Web3 dApps and new initiatives for developer communities across the world.”
Sathvik Vishwanath, CEO and co-founder of Unocoin said, “Bitcoin is trading sideways between $29,800 and $30,500, while an upside move above $30,500 could lead to another resistance area of $30,700 or $31,000. Ethereum hit a one-year high of $2,123.”
Shivam Thakral, the CEO of BuyUCoin, said, “In a rare development, Ethereum outperformed Bitcoin after witnessing a jump of over 13 percent in the last 24 hours and trading at $2,100.57 level. BTC, on the other hand, is holding strong above the $30,000 mark with a jump of 5.98 percent during the same period. The crypto market continued its upward trend with most of the crypto assets trading in green. In 2023, crypto heavyweights like BTC and Ether are up by 80 percent and 75 percent, respectively, delivering unmatched ROI.”
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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