Bitcoin (BTC), the world’s oldest and most valued crypto coin, managed to climb above the $19,000 mark, showing signs of recovery after a few days of slump. Ethereum (ETH), on the other hand, failed to climb above the $1,400 mark on Tuesday morning, continuing to see a post-Merge bear run. Other popular altcoins, including the likes of Dogecoin (DOGE), Ripple (XRP), and Litecoin (LTC), landed in the greens on early Tuesday morning. The TerraClassicUSD (USTC) token emerged to be the biggest gainer of the lot, with a 24-hour gain of over 16 percent.
At the time of writing, the global crypto market cap stood at $934.42 billion, marking a 2.59 percent gain in the last 24 hours, as per CoinMarketCap data.
Bitcoin (BTC) price today
As per CoinMarketCap, Bitcoin saw a 24-hour gain of 2.60 percent, priced at $19,316.35. As per Indian exchange WazirX, BTC price stood at Rs 16.61 lakhs.
Ethereum (ETH) price today
ETH price stood at $1,355.76, marking a 24-hour gain of 3.83 percent at the time of writing. As per WazirX, Ethereum price in India stood at Rs 1.15 lakhs.
Dogecoin (DOGE) price today
DOGE registered a 24-hour gain of 2.25 percent as per CoinMarketCap data, currently priced at $0.05846. As per WazirX, Dogecoin price in India stood at Rs 4.93.
Litecoin (LTC) price today
Litecoin saw a 24-hour gain of 1.14 percent. At the time of writing, it was priced at $51.99. LTC price in India stood at Rs 4,400.
Ripple (XRP) price today
XRP price stood at $0.379, seeing a 24-hour gain of 9.17 percent. As per WazirX, Ripple price stood at Rs 31.02.
Solana (SOL) price today
Solana price stood at $32.29, marking a 24-hour gain of 2.99 percent. As per WazirX, SOL price in India stood at Rs 2,702.
Top crypto gainers today (September 20)
As per CoinMarketCap data, here are the top five crypto gainers over the past 24 hours:
24-hour gain: 16.11 percent
24-hour gain: 13.22 percent
24-hour gain: 13.16 percent
24-hour gain: 8.90 percent
24-hour gain: 8.56 percent
Top crypto losers today (September 20)
As per CoinMarketCap data, here are the top five crypto losers over the past 24 hours:
24-hour loss: 1.65 percent
Huobi Token (HT)
24-hour loss: 0.59 percent
24-hour loss: 0.54 percent
24-hour loss: 0.25 percent
24-hour loss: 0.06 percent
What crypto exchanges are saying about the current market scenario
Mudrex co-founder and CEO Edul Patel told ABP Live, “Bitcoin regained its floor on Monday after falling to its lowest since June. BTC has been trading lower in consecutive sessions following the CPI’s data release. Not only are cryptocurrencies experiencing a downward trend, but stocks and equities are also going through a similar trend as investors worry over recession and interest rate hikes. If buyers can hold above the current level, we might see BTC reaching to $20,000 level soon.”
Sathvik Vishwanath, CEO and co-founder of Unocoin said, “Monday presented the continuation of a bear market when it comes to prices of cryptos. Every single coin and token among the top 100 was in red losing between 7 percent to 12 percent. Ether was on the higher side of the percentage as the hope of leading to a forked chain and token is closer to being dead. No patterns were noticed in terms of categorisation of the coins and tokens.”
weTrade founder Prashant Kumar offered his take on the market scenario as well, “The global crypto market cap saw some mild correction on Tuesday morning with a 2 percent increase during Asia trading hours. The two top cryptocurrencies — Bitcoin and Ethereum saw a decline of approximately 15 percent over the last seven days and are currently trading at $19,450 and $1,360, respectively. Other cryptocurrencies also saw a similar movement as macroeconomic conditions play a role in the market.”
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.