Cryptocurrency Price Today: Bitcoin, Ethereum Continue To Slide; FXS Becomes Top Gainer
Cryptocurrency price on April 21 quick take: The global market cap dipped to 1.20 trillion.
Bitcoin (BTC) and Ethereum (ETH), two of the most popular cryptocurrencies, saw further decline early Friday as selling woes continue. Other popular altcoins — including the likes of Dogecoin (DOGE), Ripple (XRP), Solana (SOL), and Litecoin (LTC) — landed in the reds across the board. The Frax Share (FXS) token managed to be the top gainer, with a 24-hour jump of just over 2 percent. Synthetix (SNX), on the other hand, became the top loser, with a 24-hour dip of nearly 10 percent.
The global crypto market cap stood at $1.20 trillion at the time of writing, registering a 24-hour dip of 1.19 percent.
Bitcoin (BTC) price today
Bitcoin price stood at $28,308.21, registering a 24-hour loss of 1.87 percent, as per CoinMarketCap. According to Indian exchange WazirX, BTC price stood at Rs 24.66 lakh.
Ethereum (ETH) price today
ETH price stood at $1,945.60, marking a 24-hour dip of 6.84 percent at the time of writing. As per WazirX, Ethereum price in India stood at Rs 1.70 lakh.
Dogecoin (DOGE) price today
DOGE registered a 24-hour loss of 5.76 percent, as per CoinMarketCap data, currently priced at $0.08428. As per WazirX, Dogecoin price in India stood at Rs 7.51.
Litecoin (LTC) price today
Litecoin saw a 24-hour dip of 0.28 percent. At the time of writing, it was trading at $90.33. LTC price in India stood at Rs 7,776.50.
Ripple (XRP) price today
XRP price stood at $0.4754, seeing a 24-hour loss of 3.84 percent. As per WazirX, Ripple price stood at Rs 41.70.
Solana (SOL) price today
Solana price stood at $22.27, marking a 24-hour dip of 2.64 percent. As per WazirX, SOL price in India stood at Rs 1,943.01.
Top crypto gainers today (April 21)
As per CoinMarketCap data, here are the top five crypto gainers over the past 24 hours:
Frax Share (FXS)
Price: $9.05
24-hour gain: 2.17 percent
Conflux (CFX)
Price: $0.3252
24-hour gain: 1.52 percent
UNUS SED LEO (LEO)
Price: $3.45
24-hour gain: 1.15 percent
1inch Network (1INCH)
Price: $0.5174
24-hour gain: 1.13 percent
Bitcoin SV (BSV)
Price: $34.37
24-hour gain: 050 percent
Top crypto losers today (April 21)
As per CoinMarketCap data, here are the top five crypto losers over the past 24 hours:
Synthetix (SNX)
Price: $2.72
24-hour loss: 9.54 percent
Casper (CSPR)
Price: $0.04994
24-hour loss: 7.76 percent
Rocket Pool (RPL)
Price: $46.72
24-hour loss: 7.14 percent
BitTorrent(NEW) (BTT)
Price: $0.0000006439
24-hour loss: 5.52 percent
Render Token (RNDR)
Price: $1.85
24-hour loss: 5.31 percent
What crypto exchanges are saying about the current market scenario
Mudrex co-founder and CEO Edul Patel told ABP Live, “Bitcoin experienced a second consecutive session of decline on Thursday, causing its price to drop to the $28,200 level due to increased selling pressure. As a result, the gains made by Bitcoin this week were erased. Although there is strong support at the $26,500 level, which is the late-March low, Bitcoin is still up 40 per cent in the past six weeks. Meanwhile, Ethereum remained steady over the past 24 hours, trading at the $1,900 level.”
WazirX Vice President Rajagopal Menon said, “Bitcoin's value dropped below $28,000 in a two-day decline, with 3iQ's chief of research citing US regulatory challenges and predominant market liquidity as contributing factors. Ether was trading around $1,936, slightly down and significantly lower than its recent peak above $2,100 following the Shanghai upgrade. On WazirX, Hifi Finance (HIFI) and Ardor (ARDR) have been the top gainers in the last 24 hours.”
Sathvik Vishwanath, CEO and co-founder of Unocoin said, “Dogecoin price has increased by 4.5 percent in the last 24 hours to reach $0.091902 due to the arrival of 'Doge Day'. This increase came as the overall cryptocurrency market was down 1 percent, indicating the event's effect on traders. The bitcoin price could potentially fall to a long-term support level that has turned to resistance in the $25,200-$25,400 area, with support at $26,500. Despite this, dogecoin has seen a 10 percent increase over the past week, a 27 percent increase over the past 30 days, and a 30 percent year-to-date return.”
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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