Cryptocurrency Price Today: Bitcoin Manages To See Gains As Top Coins Land In Greens
Cryptocurrency price on April 26 quick take: The global market cap stood at $1.18 trillion.
Bitcoin (BTC), the world's oldest and most valued crypto, managed to see a 24-hour gain of nearly 4 percent, making it stable within the $28,000 range early Wednesday morning. Riding high on the optimistic Q1 earnings report of tech giants such as Microsoft and Alphabet, popular altcoins such as Ethereum (ETH), Dogecoin (DOGE), Ripple (XRP), Solana (SOL), and Litecoin (LTC) managed to land in the greens across the board. The Injective (INJ) token emerged to be the biggest gainer of the lot, with a 24-hour gain of over 15 percent.
The global crypto market cap stood at $1.18 trillion at the time of writing, registering a 24-hour gain of 2.43 percent.
Bitcoin (BTC) price today
Bitcoin price stood at $28,321.92, registering a 24-hour jump of 3.57 percent, as per CoinMarketCap. According to Indian exchange WazirX, BTC price stood at Rs 25.01 lakh.
Ethereum (ETH) price today
ETH price stood at $1,863.64, marking a 24-hour gain of 1.86 percent at the time of writing. As per WazirX, Ethereum price in India stood at Rs 1.66 lakh.
Dogecoin (DOGE) price today
DOGE registered a 24-hour jump of 2.01 percent, as per CoinMarketCap data, currently priced at $0.07993. As per WazirX, Dogecoin price in India stood at Rs 7.20.
Litecoin (LTC) price today
Litecoin saw a 24-hour gain of 4.14 percent. At the time of writing, it was trading at $91.04. LTC price in India stood at Rs 8,047.20.
Ripple (XRP) price today
XRP price stood at $0.4675, seeing a 24-hour jump of 1.88 percent. As per WazirX, Ripple price stood at Rs 41.08.
Solana (SOL) price today
Solana price stood at $21.81, marking a 24-hour gain of 4.49 percent. As per WazirX, SOL price in India stood at Rs 1,947.80.
Top crypto gainers today (April 26)
As per CoinMarketCap data, here are the top five crypto gainers over the past 24 hours:
Injective (INJ)
Price: $8.15
24-hour gain: 15.89 percent
Render Token (RNDR)
Price: $2.04
24-hour gain: 15.51 percent
Conflux (CFX)
Price: $0.3153
24-hour gain: 7.95 percent
dYdX (DYDX)
Price: $2.56
24-hour gain: 5.10 percent
The Graph (GRT)
Price: $0.1404
24-hour gain: 5.04 percent
Top crypto losers today (April 26)
As per CoinMarketCap data, here are the top five crypto losers over the past 24 hours:
Ziliqa (ZIL)
Price: $0.02953
24-hour loss: 6.84 percent
PancakeSwap (CAKE)
Price: $2.70
24-hour loss: 6.05 percent
Toncoin (TON)
Price: $2.27
24-hour loss: 1.29 percent
XDC Network (XDC)
Price: $0.04133
24-hour loss: 0.77 percent
Flare (FLR)
Price: $0.03202
24-hour loss: 0.49 percent
What crypto exchanges are saying about the current market scenario
Mudrex co-founder and CEO Edul Patel told ABP Live, “Bitcoin has surpassed the $28,000 level in the past 24 hours as investors responded favourably to Alphabet and Microsoft's moderately optimistic Q1 earnings report. The surge in Bitcoin's value could also be linked to concerns regarding banking stability, prompted by First Republic Bank's announcement of a $100 billion deposit loss during its Q1 earnings presentation on Monday. Within this timeframe, BTC has risen by more than 3 percent, while Ethereum has gained almost 2 percent and currently trades at the $1,860 mark.”
WazirX Vice President Rajagopal Menon said, “After hovering below the $28,000 mark for five days, Bitcoin surprised the market with a sudden upward movement, propelling its value above $28,300, marking a 3.7 percent gain in the last 24 hours. The exact reasons for this surge are uncertain. In the meantime, Ether also experienced positive momentum, with its value reaching around $1,870, showing a 1.8 percent increase since Monday. On WazirX, Siacoin (SC) and Push Protocol (PUSH) have been the top gainers in the last 24 hours.”
Sathvik Vishwanath, CEO and co-founder of Unocoin said, “The price of Bitcoin is currently trading around $28,300 and ETH at $1,860. Bitcoin's recent rally is driven by technical buying and a short-term buy signal, while macro risk events could affect sentiment. Long-term indicators suggest a new bull market.”
Shivam Thakral, the CEO of BuyUCoin, said, “BTC successfully broke the downward trend and witnessed a mini-rally on Tuesday. BTC, in a surprise move, surged by 3.82 percent and is trading at $28,438, the reason behind this surprise rally is not known but it may be due to continued support for decentralized finance after the recent banking crisis. BTC pulled the entire crypto market in the green zone with ETH and other digital assets following a similar upward trajectory.”
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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