Cryptocurrency Price Today: Bitcoin, Ethereum Fail To Gain Steam; Toncoin Becomes Top Gainer
Cryptocurrency price on October 21 quick take: The global crypto market stood at $914.87 billion early Friday morning.
Bitcoin (BTC) and Ethereum (ETH), the two most valued cryptocurrencies, failed to gain steam on Friday morning, registering minor movements over the last 24 hours. Other popular altcoins — including the likes of Dogecoin (DOGE), Solana (SOL), Ripple (XRP), and Litecoin (LTC) — saw a mixed bag of minor gains and losses across the board. Among lesser-known altcoins, the Toncoin (TON) token emerged to be the biggest gainer in the last 24 hours, with a gain of nearly 10 percent. Ethereum Name Service (ENS), on the other hand, turned out to be the biggest loser.
At the time of writing, the global crypto market cap stood at $914.87 billion, seeing no change in the last 24 hours, as per CoinMarketCap data.
Bitcoin (BTC) price today
Bitcoin price stood at $19,056.19, seeing a minor 24-hour dip of 0.02 percent, as per CoinMarketCap. As per Indian exchange WazirX, BTC price stood at Rs 16.27 lakhs.
Ethereum (ETH) price today
ETH price stood at $1,287.98, marking a 24-hour gain of 0.58 percent at the time of writing. As per WazirX, Ethereum price in India stood at Rs 1.11 lakhs.
Dogecoin (DOGE) price today
DOGE registered a 24-hour dip of 0.34 percent as per CoinMarketCap data, currently priced at $0.05897. As per WazirX, Dogecoin price in India stood at Rs 5.
Litecoin (LTC) price today
Litecoin saw a 24-hour gain of 0.09 percent. At the time of writing, it was trading at $50.99. LTC price in India stood at Rs 4,321.03.
Ripple (XRP) price today
XRP price stood at $0.4469, seeing a 24-hour dip of 2.15 percent. As per WazirX, Ripple price stood at Rs 38.10.
Solana (SOL) price today
Solana price stood at $28.10, marking a 24-hour loss of 2.86 percent. As per WazirX, SOL price in India stood at Rs 2,498.97.
Top crypto gainers today (October 21)
As per CoinMarketCap data, here are the top five crypto gainers over the past 24 hours:
Toncoin (TON)
Price: $1.35
24-hour gain: 9.58 percent
Lido DAO (LDO)
Price: $1.50
24-hour gain: 6.74 percent
Casper (CSPR)
Price: $0.04286
24-hour gain: 4.80 percent
Kava (KAVA)
Price: $1.40
24-hour gain: 3.52 percent
Huobi Token (HT)
Price: $7.81
24-hour gain: 3.33 percent
Top crypto losers today (October 21)
As per CoinMarketCap data, here are the top five crypto losers over the past 24 hours:
Ethereum Name Service (ENS)
Price: $17.02
24-hour loss: 7.84 percent
TerraClassicUSD (USTC)
Price: $0.0369
24-hour loss: 6.57 percent
Axie Infinity (AXS)
Price: $9.26
24-hour loss: 6.56 percent
Terra Classic (LUNC)
Price: $0.0002384
24-hour loss: 4.97 percent
Uniswap (UNI)
Price: $6.10
24-hour loss: 4.65 percent
What crypto exchanges are saying about the current market scenario
Mudrex co-founder and CEO Edul Patel told ABP Live, “After a two-day losing streak, the price of Bitcoin rebounded at a key point of support on Thursday. BTC has hit a peak of $19,280 as the bulls rejected a breakout below the vital support at $18,900. As bulls have become active in the market, we might see BTC touching $19,600 in the coming days.”
Sathvik Vishwanath, CEO and co-founder of Unocoin said, “According to the federal regulator's annual report released Thursday, the CFTC celebrated several of its big wins for the fiscal year, including the filing of charges against Tether and Bitfinex that settled last October for a combined $42.5 million. LUNC represents a reduction from the original 1.2 percent tax rate, with excess cryptocurrency being given to communities in the decentralized finance (DeFi) space to increase liquidity. LUNC is trading at $0.000249, up 0.89 percent in the last 24 hours. Bitcoin has hovered around $19,000 for most of the month, and its 30-day price volatility is at its lowest level in nearly two years at 31 percent. Despite the current bear market, several assets continue to show the promise of gains.”
Shivam Thakral, the CEO of BuyUCoin, said, “The overall crypto market cap is up by 0.08 percent to touch the $916.05 billion mark. Bitcoin is currently up by 0.17 percent and is currently trading at $19,077.46 while Ether is up by 0.68 percent and is exchanging hands at $1,288.09. In the altcoin space, SOL, ADA, MATIC, and DOT witnessed a dip in their value by 2-3 percent owing to the broader sell-off in the Asian markets. Global inflation continues to touch news highs and escalating war between Russia and Ukraine has spooked the financial markets around the globe. The investors will continue with their conservative approach till the macroeconomic factors surrounding the financial markets show signs of improvement.”
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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