Cryptocurrency Price Today: Ethereum Climbs Above $1,900, EGLD Becomes Top Gainer
Cryptocurrency price on April 27 quick take: The global market cap rose to $1.20 trillion.
Ethereum (ETH), arguably the most popular crypto after Bitcoin (BTC), managed to climb above the $1,900 mark for the first time this week. BTC, on the other hand, briefly climbed above the $30,000 mark but dipped to the $28,000 range yet again early Thursday morning. Other popular altcoins — including the likes of Dogecoin (DOGE), Ripple (XRP), and Solana (SOL) — registered minor losses. The MultiversX (EGLD) token managed to become the top gainer, with a 24-hour jump of over 23 percent.
The global crypto market cap stood at $1.20 trillion at the time of writing, registering a 24-hour gain of 1.47 percent.
Bitcoin (BTC) price today
Bitcoin price stood at $28,975.62, registering a 24-hour jump of 2.22 percent, as per CoinMarketCap. According to Indian exchange WazirX, BTC price stood at Rs 25.60 lakh.
Ethereum (ETH) price today
ETH price stood at $1,901.13, marking a 24-hour gain of 1.80 percent at the time of writing. As per WazirX, Ethereum price in India stood at Rs 1.67 lakh.
Dogecoin (DOGE) price today
DOGE registered a 24-hour loss of 0.06 percent, as per CoinMarketCap data, currently priced at $0.08011. As per WazirX, Dogecoin price in India stood at Rs 7.22.
Litecoin (LTC) price today
Litecoin saw a 24-hour dip of 2.47 percent. At the time of writing, it was trading at $88.92. LTC price in India stood at Rs 7,765.
Ripple (XRP) price today
XRP price stood at $0.4628, seeing a 24-hour loss of 1.22 percent. As per WazirX, Ripple price stood at Rs 41.21.
Solana (SOL) price today
Solana price stood at $21.66, marking a 24-hour dip of 0.95 percent. As per WazirX, SOL price in India stood at Rs 1,977.59.
Top crypto gainers today (April 27)
As per CoinMarketCap data, here are the top five crypto gainers over the past 24 hours:
MultiversX (EGLD)
Price: $47.67
24-hour gain: 23.53 percent
Render Token (RNDR)
Price: $2.34
24-hour gain: 14.63 percent
Casper (CSPR)
Price: $0.05397
24-hour gain: 6.16 percent
Injective (INJ)
Price: $8.69
24-hour gain: 6.11 percent
Osmosis (OSMO)
Price: $0.7927
24-hour gain: 5.16 percent
Top crypto losers today (April 27)
As per CoinMarketCap data, here are the top five crypto losers over the past 24 hours:
PancakeSwap (CAKE)
Price: $2.63
24-hour loss: 2.77 percent
NEAR Protocol (NEAR)
Price: $1.90
24-hour loss: 2.71 percent
Litecoin (LTC)
Price: $88.73
24-hour loss: 2.53 percent
EOS (EOS)
Price: $1.03
24-hour loss: 2.40 percent
Algorand (ALGO)
Price: $0.1822
24-hour loss: 2.35 percent
What crypto exchanges are saying about the current market scenario
Mudrex co-founder and CEO Edul Patel told ABP Live, “On Wednesday, concerns about First Republic Bank caused Bitcoin to revert to the $29,000 range. Yesterday, BTC surged from a low of $27,217 to $29,121. This upward trend resulted in Bitcoin reaching its highest point in the past week, effectively eliminating any losses sustained during that period. Bitcoin's support level currently stands at $28,000, with resistance at $29,400. Additionally, Ethereum has surpassed the $1,900 threshold and achieved a five-day high.”
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 was volatile and peaked above $30,000 before falling to around $28,275 and reaching a low of $27,264. The value of Ether also fluctuated, rising to $1,984 before falling to $1,789 — the lowest point since April. Traders suffered losses of around $310 million in liquidations due to wild price swings that affected both long and short positions.”
Shivam Thakral, the CEO of BuyUCoin, said, “The world’s largest crypto asset, Bitcoin, touched the $30,000 mark on Wednesday. The crypto market is showing strong signs of ending the crypto winter which dominated the crypto market in 2022. The regulatory support shown by major economies like UK and Europe will pave the way for a more mature crypto ecosystem across the globe. Ex-CFTC boss, Chris Giancarlo, made an important statement yesterday in support of the crypto industry in the US. Giancarlo reiterated the fact that regulators can engage with crypto entities if they have the will to do so. Banking giant Standard Chartered made a similar prediction that crypto winter is over and Bitcoin has the potential to touch the $100,000 mark by the end of 2024."
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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