Cryptocurrency Price Today: Bitcoin Rises Above $70,000, JASMY Becomes Top Gainer

12 views 12:17 pm 0 Comments April 12, 2024

Bitcoin (BTC), the world’s oldest and most valued cryptocurrency, managed to rise above the $70,000 mark early Thursday after a day of slump. Other popular altcoins — including the likes of Ethereum (ETH), Dogecoin (DOGE), Ripple (XRP), Solana (SOL), and Litecoin (LTC) — landed in the greens across the board as the overall Market Fear & Greed Index stood at 76 (Greed) out of 100, as per CoinMarketCap data. The JasmyCoin (JASMY) token emerged as the biggest gainer of the lot, with a 24-hour jump of over 16 percent. Uniswap (UNI) became the biggest loser, with a 24-hour dip of over 16 percent.

The global crypto market cap stood at $2.64 trillion at the time of writing, registering a 24-hour gain of 1.33 percent.

Bitcoin (BTC) Price Today

Bitcoin price stood at $70,752.14, registering a 24-hour gain of 1.90 percent, as per CoinMarketCap. According to Indian exchange WazirX, BTC price stood at Rs 62.07 lakh.

Ethereum (ETH) Price Today

ETH price stood at $3,581.39, marking a 24-hour gain of 1.08 percent at the time of writing. As per WazirX, Ethereum price in India stood at Rs 3.11 lakh.

Dogecoin (DOGE) Price Today

DOGE registered a 24-hour jump of 3.40 percent, as per CoinMarketCap data, currently priced at $0.197. As per WazirX, Dogecoin price in India stood at Rs 17.32.

Litecoin (LTC) Price Today

Litecoin saw a 24-hour loss of 0.28 percent. At the time of writing, it was trading at $97.70. LTC price in India stood at Rs 8,506.15.

Ripple (XRP) Price Today

XRP price stood at $0.6172, seeing a 24-hour jump of 0.47 percent. As per WazirX, Ripple price stood at Rs 54.52.

Solana (SOL) Price Today

Solana price stood at $174.14, marking a 24-hour gain of 0.67 percent. As per WazirX, SOL price in India stood at Rs 15,263.22.

Top Crypto Gainers Today (April 11)

As per CoinMarketCap data, here are the top five crypto gainers over the past 24 hours:

JasmyCoin (JASMY)

Price: $0.02405
24-hour gain: 16.32 percent

Neo (NEO)

Price: $23.14
24-hour gain: 14.74 percent

Helium (HNT)

Price: $6.24
24-hour gain: 12.51 percent

ORDI (ORDI)

Price: $76.88
24-hour gain: 10.06 percent

Toncoin (TON)

Price: $7.42
24-hour gain: 9.53 percent

Top Crypto Losers Today (April 11)

As per CoinMarketCap data, here are the top five crypto losers over the past 24 hours:

Uniswap (UNI)

Price: $9.38
24-hour loss: 16.91 percent

Nervox Network (CKB)

Price: $0.03187
24-hour loss: 11.02 percent

Core (CORE)

Price: $2.24
24-hour loss: 6.28 percent

Wormhole (W)

Price: $0.8178
24-hour loss: 5.79 percent

Bittensor (TAO)

Price: $611.97
24-hour loss: 5 per cent

What Crypto Exchanges Are Saying About Current Market Scenario

The CoinSwitch Markets Desk noted, “After a slight correction in prices, BTC (+3.2%) has started to see strength again as the world’s number one crypto has found a new base around $70k. It is yet to be seen, with just 8 days remaining in Bitcoin halving, whether the heavy resistance zone between $72k to $74k gets finally breached before that or not. Yesterday, the major market mover was the CPI data which showed that rate of inflation has been on the rise and it was the second straight monthly increase since September 2023 causing BTC to retest $67.5k soon after the data with the major stock index S&P 500 also crashing by more than 100 points or 1.8% on the news.”

CoinDCX Research Team told ABP Live, “In the last 24 hours, the market experienced volatility following the announcement of higher-than-expected CPI data. This led to a brief dip in the crypto market, but it has since recovered. BTC ended the day with a strong close. It only needs to surpass the $71,400 level to signal further upside potential; otherwise, it may remain range-bound. Similarly, ETH continues to trade within a range, with the potential for an upward movement upon clearing the $3,650 level.”

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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.