Cryptocurrency Price Today: Bitcoin Surges To Reach $29,000, Other Top Coins See Minor Losses
Cryptocurrency price on March 30, quick take: The global crypto market cap stood at $1.19 trillion on Thursday morning
Bitcoin (BTC) managed to rise above the $28,500 mark on Thursday morning. Ethereum (ETH) on the other hand registered a minor loss while staying above the 1,700 mark. Other popular altcoins — including the likes of Dogecoin (DOGE), Solana (SOL), Ripple (XRP), and Litecoin (LTC) — landed in the red as overall prices saw minor losses across the board. The Conflux (CFX) token emerged to be the biggest gainer, seeing a 24-hour jump of over 10.66 percent. Mask Network (MASK), on the other hand, turned out to be the biggest loser.
At the time of writing, the global crypto market cap stood at $1.19 Trillion, registering a 24-hour gain of 1.97 percent.
Bitcoin (BTC) price today
Bitcoin price stood at $28,601.25, seeing a 24-hour gain of 2.10 percent, as per CoinMarketCap. According to Indian exchange WazirX, BTC price stood at Rs 24.86 lakhs.
Ethereum (ETH) price today
ETH price stood at $1,796.12, marking a 24-hour loss of 0.81 percent at the time of writing. As per WazirX, Ethereum price in India stood at Rs 1.55 lakhs.
Dogecoin (DOGE) price today
DOGE registered a 24-hour decline of 0.57 percent as per CoinMarketCap data, currently priced at $0.07528. As per WazirX, Dogecoin price in India stood at Rs 6.52.
Litecoin (LTC) price today
Litecoin saw a 24-hour decline of 1.34 percent. At the time of writing, it was trading at $90.22. LTC price in India stood at Rs 7,722.27.
Ripple (XRP) price today
XRP price stood at $0.5372, seeing a 24-hour loss of 1.58 percent. As per WazirX, the Ripple price stood at Rs 46.00.
Solana (SOL) price today
Solana price stood at $20.99, marking a 24-hour loss of 0.78 percent. As per WazirX, SOL price in India stood at Rs 1,950.
Top crypto gainers today (March 30)
As per CoinMarketCap data, here are the top five crypto gainers over the past 24 hours:
Conflux (CFX)
Price: $0.4214
24-hour gain: 10.66 percent
Arbitrum (ARB)
Price: $1.34
24-hour gain: 8.21 percent
Algorand (ALGO)
Price: $0.2255
24-hour gain: 7.58 percent
Hedera (HBAR)
Price: $0.06462
24-hour gain: 7.08 percent
Trust Wallet Token (TWT)
Price: $1.21
24-hour gain: 5.36 percent
Top crypto losers today (March 30)
As per CoinMarketCap data, here are the top five crypto losers over the past 24 hours:
Mask Network (MASK)
Price: $6.48
24-hour loss: 7.22 percent
Flare (FLR)
Price: $0.03812
24-hour loss: 6.13 percent
Immutable (IMX)
Price: $1.11
24-hour loss: 3.63 percent
SingularityNET (AGIX)
Price: $0.4235
24-hour loss: 3.57 percent
Stacks (STX)
Price: $0.9613
24-hour loss: 3.44 percent
What crypto exchanges are saying about the current market scenario
Mudrex co-founder and CEO Edul Patel told ABP Live, "Most cryptocurrencies continued to surge following the better-than-expected US Consumer Confidence report despite the ongoing tension stemming from Binance. In the past 24 hours, the price of Bitcoin has risen above $29,000, and BTC bulls appear to be aiming for a fresh surge to reach the $30,000 resistance level. Although BTC has slightly dipped since then, it is presently trading at the $28,400 level. BTC's price started a decent increase above the $27,500 level, gained pace, and was able to clear many hurdles near the $27,800 and $28,000 levels. Despite being 58% down from its all-time high, BTC has increased by 107% since its lowest cycle in January. Similarly, Ethereum also followed a comparable trend to BTC, rising above the $1,800 level and currently trading at the $1,700 level."
WazirX Vice President Rajagopal Menon said, "Crypto token prices beat the regulatory uncertainty in the US and surged to new levels with BTC reaching a new quarterly high since 2021. Ripple and Algorand prices increase with positive user sentiment. On WazirX, Swipe (SXP) and Cortex (CXTC) have been the top gainers in the last 24 hours. Crypto fundraising increased over the last week. Liquid staking tokens such as Lido see an increase in value with the upcoming Ethereum Shapella upgrade."
Sathvik Vishwanath, CEO and co-founder of Unocoin said, "BTC/USD may rise to $29,200 or $30,700 if it breaks the $28,950 resistance, but could find support at $26,600 or $25,200 in the downtrend. Bitcoin is currently trading at $28,254, up 5 per cent in 24 hours, with possible resistance at $28,900."
Kunji founder Anurag Dixit offered his take "BTC dominance saw a very slight pullback recently yet it's trying to inch to higher levels and crossed the $29,000 mark followed by a slight relief. based on current macroeconomic condition, big catalysts will be needed for BTC to push past the next resistance levels."
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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