Cryptocurrency Price Today: Top Coins Register Minor Losses, SSV Becomes Biggest Gainer
Cryptocurrency price on March 27 quick take: The global market cap stood at $1.16 trillion.
Bitcoin (BTC), the oldest and most valued crypto coin in the world, managed to hold on to the $27,000 mark over the weekend. Ethereum (ETH), on the other hand, lost the $1,800 peg as the overall market registered minor losses. Other popular altcoins — including the likes of Dogecoin (DOGE), Ripple (XRP), and Solana (SOL) — saw a mix of reds and greens across the board. The ssv.network (SSV) token emerged to be the biggest gainer of the lot, with a 24-hour gain of over 8 percent.
The global crypto market cap stood at $1.16 trillion at the time of writing, registering a minor 24-hour gain of 0.84 percent.
Bitcoin (BTC) price today
Bitcoin price stood at $27,909.60, registering a 24-hour gain of 1.26 percent, as per CoinMarketCap. According to Indian exchange WazirX, BTC price stood at Rs 24.15 lakh.
Ethereum (ETH) price today
ETH price stood at $1,766.57, marking a 24-hour jump of 0.87 percent at the time of writing. As per WazirX, Ethereum price in India stood at Rs 1.53 lakh.
Dogecoin (DOGE) price today
DOGE registered a 24-hour dip of 0.72 percent, as per CoinMarketCap data, currently priced at $0.07388. As per WazirX, Dogecoin price in India stood at Rs 6.42.
Litecoin (LTC) price today
Litecoin saw a 24-hour loss of 0.58 percent. At the time of writing, it was trading at $92.61. LTC price in India stood at Rs 8,199.49.
Ripple (XRP) price today
XRP price stood at $0.4543, seeing a 24-hour jump of 1.02 percent. As per WazirX, Ripple price stood at Rs 39.79.
Solana (SOL) price today
Solana price stood at $20.69, marking a 24-hour gain of 0.25 percent. As per WazirX, SOL price in India stood at Rs 1,974.99.
Top crypto gainers today (March 27)
As per CoinMarketCap data, here are the top five crypto gainers over the past 24 hours:
ssv.network (SSV)
Price: $37.11
24-hour gain: 8.36 percent
Rocket Pool (RPL)
Price: $42.14
24-hour gain: 8.00 percent
Conflux (CFX)
Price: $0.3416
24-hour gain: 7.50 percent
Neo (NEO)
Price: $12.74
24-hour gain: 6.02 percent
Arbitrum (ARB)
Price: $1.29
24-hour gain: 5.17 percent
Top crypto losers today (March 27)
As per CoinMarketCap data, here are the top five crypto losers over the past 24 hours:
ApeCoin (APE)
Price: $4.03
24-hour loss: 3.52 percent
Monero (XMR)
Price: $158.89
24-hour loss: 3.15 percent
Nexo (NEXO)
Price: $0.7396
24-hour loss: 2.78 percent
Flare (FLR)
Price: $0.03504
24-hour loss: 2.49 percent
SingularityNET (AGIX)
Price: $0.4316
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, “Bitcoin started a fresh week by maintaining its position above the support level of $27,000, following a downward correction when it could not surpass the $28,000 resistance zone the previous week. Despite this setback, bullish activity appears to be around the $27,000 support mark. Currently, the immediate obstacle for BTC stands at the $28,150 level, and a breakthrough above this point could trigger a significant upswing. Meanwhile, Ethereum remains above the $1,700 level.”
WazirX Vice President Rajagopal Menon said, “The Crypto market sees a green uptick as Bitcoin rebounds above $28,000 with a 3.8 percent gain in the past 24 hours, despite a recent US Fed interest rate hike and regulatory concerns. This upward momentum has driven BTC to a 22 percent gain this month and a more than 65 percent increase since the start of the year. Bitcoin's ability to withstand regulatory pressure and banking turmoil is a testament to its resilience and strength in the crypto market.”
Kunji founder Anurag Dixit offered his take, “BTC is holding up its price in the $27,500-$28,000 range amidst the challenging macro and banking environment. BTC'S momentum in past few weeks was reassuring, but significant headwinds aren't over yet for the broader market to propel to higher highs in the near future."
Sathvik Vishwanath, CEO and co-founder of Unocoin said, “Bitcoin's current price is $28,500 with a 24-hour trading volume of $27.6 billion, up 1.5 percent. It is the highest-ranked cryptocurrency on CoinMarketCap with a market cap of $550 billion. The BTC/USD pair is consolidating around $27,800 and broke the $29,250 resistance level. The current bullish trend suggests the possibility of further growth in the value of Bitcoin to $29,250 or even $30,700. ETH is trading around 1766, BNB at $328.”
Shivam Thakral, the CEO of BuyUCoin, said, “The crypto market remained relatively flat over the weekend with BTC still hovering around the $28,000 mark while ETH is marginally up and is trading at the $1,763 level. The latest developments at Coinbase may keep investors on their toes in the coming weeks and will have a significant impact on investor sentiment. The crypto market has absorbed the impact of the rate hike pushed by FOMC.”
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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