Cryptocurrency Price Today: Ethereum Climbs Above $1,800 As Top Coins See Minor Movements
Cryptocurrency price on March 31 quick take: The global market cap rose to $1.18 trillion.
Ethereum (ETH), arguably the most popular crypto coin after Bitcoin (BTC), managed to climb above the $1,800 mark early Friday morning. BTC, on the other hand, appeared to be stable within the $28,000 range. Other popular altcoins — including the likes of Dogecoin (DOGE), Ripple (XRP), Litecoin (LTC), and Solana (SOL) — saw minor gains and losses across the board. The Arbitrum (ARB) token emerged to be the top gainer of the lot, with a 24-hour jump of over 10 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 $28,120.06, registering a 24-hour loss of 1.41 percent, as per CoinMarketCap. According to Indian exchange WazirX, BTC price stood at Rs 24.40 lakh.
Ethereum (ETH) price today
ETH price stood at $1,800.66, marking a 24-hour gain of 0.57 percent at the time of writing. As per WazirX, Ethereum price in India stood at Rs 1.56 lakh.
Dogecoin (DOGE) price today
DOGE registered a 24-hour loss of 0.58 percent, as per CoinMarketCap data, currently priced at $0.07468. As per WazirX, Dogecoin price in India stood at Rs 6.45.
Litecoin (LTC) price today
Litecoin saw a 24-hour dip of 0.49 percent. At the time of writing, it was trading at $89.75. LTC price in India stood at Rs 7,768.06.
Ripple (XRP) price today
XRP price stood at $0.5362, seeing a 24-hour jump of 0.65 percent. As per WazirX, Ripple price stood at Rs 46.60.
Solana (SOL) price today
Solana price stood at $20.55, marking a 24-hour dip of 2.70 percent. As per WazirX, SOL price in India stood at Rs 1,919.
Top crypto gainers today (March 31)
As per CoinMarketCap data, here are the top five crypto gainers over the past 24 hours:
Arbitrum (ARB)
Price: $1.43
24-hour gain: 10.62 percent
Hedera (HBAR)
Price: $0.07143
24-hour gain: 9.12 percent
Stellar (XLM)
Price: $0.1097
24-hour gain: 7.95 percent
Optimism (OP)
Price: $2.33
24-hour gain: 5.12 percent
Zcash (ZEC)
Price: $37.98
24-hour gain: 2.99 percent
Top crypto losers today (March 31)
As per CoinMarketCap data, here are the top five crypto losers over the past 24 hours:
Flare (FLR)
Price: $0.03546
24-hour loss: 6.85 percent
Stacks (STX)
Price: $0.923
24-hour loss: 4.87 percent
SinguarityNET (AGIX)
Price: $0.4112
24-hour loss: 4.52 percent
MultiversX (EGLD)
Price: $42.28
24-hour loss: 3.60 percent
Mask Network (MASK)
Price: $6.33
24-hour loss: 3.45 percent
What crypto exchanges are saying about the current market scenario
Mudrex co-founder and CEO Edul Patel told ABP Live, “Bitcoin was seen consolidating above the crucial $28,000 mark in the past 24 hours following a recent surge past $29,000. This consolidation could be due to the anticipation of the upcoming U.S. GDP report. There is a bullish trend line providing support of around $27,900. Although BTC is currently facing resistance at the $28,500 level and the $28,850 zone, its key uptrend support remains robust despite lacking the momentum for a significant move. Meanwhile, Ethereum has traded steadily above the $1,800 level in the past day.”
WazirX Vice President Rajagopal Menon said, “The exponential moving average for Bitcoin has indicated a ‘Buy’ signal as the token briefly touched $29,000 levels in the last 24 hours. Bitcoin’s correlation with the stock market is at an all-time low since 2021, with a shift in narrative favouring Crypto over TradFi. On WazirX, Icon (ICX) and Stellar (XLM) have been the top gainers in the last 24 hours.”
Kunji founder Anurag Dixit offered his take, “The US GDP QoQ data marked in at 2.6 instead of the expected 2.7 mark, which led to a slight pullback in BTC."
Sathvik Vishwanath, CEO and co-founder of Unocoin said, “The current market price of Bitcoin is $28,108. The current technical outlook remains relatively stable, hovering around the $27,900 price level. A break of the resistance at $28,950 could lead to a potential rally for Bitcoin to $29,200 or even $30,700, while strong support levels are expected around $26,600 and $25,200 if the downtrend continues.”
Shivam Thakral, the CEO of BuyUCoin, said, “The crypto market remains flat with BTC and ETH showing marginal movement in their prices. BTC is still hovering around the $28,000 mark while ETH is exchanging hands at $1,803.24 while the overall crypto market cap stands at $1.18 trillion. Bitcoin volatility is expected as options worth $4 billion will expire today.”
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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