Bitcoin (BTC), the world’s oldest and most valued cryptocurrency, dipped below the $65,000 mark early Monday as the onset of Iran-Israel conflict led to heavy liquidations among investors. BTC dipped down to as low as $62,000 on Sunday. Other popular altcoins — including the likes of Ethereum (ETH), Dogecoin (DOGE), Ripple (XRP), Solana (SOL), and Litecoin (LTC) — managed to recover today as the overall Market Fear & Greed Index stood at 65 (Greed) out of 100, as per CoinMarketCap data. The NEO token emerged as the biggest gainer of the lot, with a 24-hour jump of over 18 percent. JASMY became the biggest loser, with a 24-hour dip of over 4 percent.
The global crypto market cap stood at $2.36 trillion at the time of writing, registering a 24-hour gain of 2.29 percent.
Bitcoin (BTC) Price Today
Bitcoin price stood at $64,965.38, registering a 24-hour gain of 1.60 percent, as per CoinMarketCap. According to Indian exchange WazirX, BTC price stood at Rs 61.92 lakh.
Ethereum (ETH) Price Today
ETH price stood at $3,139.01, marking a 24-hour gain of 3.26 percent at the time of writing. As per WazirX, Ethereum price in India stood at Rs 2.98 lakh.
Dogecoin (DOGE) Price Today
DOGE registered a 24-hour jump of 2.48 percent, as per CoinMarketCap data, currently priced at $0.1582. As per WazirX, Dogecoin price in India stood at Rs 15.15.
Litecoin (LTC) Price Today
Litecoin saw a 24-hour gain of 1.86 percent. At the time of writing, it was trading at $78.56. LTC price in India stood at Rs 7,475.28.
Ripple (XRP) Price Today
XRP price stood at $0.4985, seeing a 24-hour jump of 3.61 percent. As per WazirX, Ripple price stood at Rs 46.63.
Solana (SOL) Price Today
Solana price stood at $148.40, marking a 24-hour gain of 6.15 percent. As per WazirX, SOL price in India stood at Rs 14,249.99.
Top Crypto Gainers Today (April 15)
As per CoinMarketCap data, here are the top five crypto gainers over the past 24 hours:
Neo (NEO)
Price: $19.67
24-hour gain: 18.95 percent
Ondo (ONDO)
Price: $0.8909
24-hour gain: 18.36 percent
AIOZ Network (AIOZ)
Price: $0.6803
24-hour gain: 17.15 percent
Pendle (PENDLE)
Price: $6.60
24-hour gain: 16.13 percent
dogwifhat (WIF)
Price: $2.83
24-hour gain: 15.69 percent
Top Crypto Losers Today (April 15)
As per CoinMarketCap data, here are the top five crypto losers over the past 24 hours:
JasmyCoin (JASMY)
Price: $0.01861
24-hour gain: 4.55 percent
ORDI (ORDI)
Price: $45.95
24-hour gain: 2.14 percent
Celestia (TIA)
Price: $10
24-hour gain: 1.60 percent
Pepe (PEPE)
Price: $0.000005204
24-hour gain: 0.58 percent
KuCoin Token (KCS)
Price: $8.72
24-hour gain: 0.02 percent
What Crypto Exchanges Are Saying About Current Market Scenario
Mudrex co-founder and CEO Edul Patel told ABP Live, “Bitcoin saw a drop to $62,000 before recovering to $65,000 over the weekend, driven by heightened liquidations and escalating geopolitical tensions between Iran and Israel. The cryptocurrency is currently range-bound between $60,000 and $73,000. However, the $60,775 level is being defended by bullish investors. Bitcoin faces immediate resistance at $67,900 and support at $64,500.”
Parth Chaturvedi, Investments Lead, CoinSwitch Ventures, said, “Crypto markets underwent a major dip over the weekend due to the selloff triggered by the Israel-Iran conflict. The markets, however, seem to be now gaining lost ground. With expected volatility ahead of the halving event, BTC (+3.9%) is trading at around $65k. If BTC fails to maintain this level, we may see a bearish trend reversal in its price. Technical analysis of ETH (+7.3%) showcases a strong trend formation, indicating that the best is yet to come. Some analysts are even predicting ETH to cross $6,000.”
Rajagopal Menon, Vice President, WazirX, said, “Bitcoin maintained its dominance at nearly $65,000 while altcoins faced turbulence, hinting at unique market dynamics. Bitcoin does not usually hit all-time highs before its halving, indicating significant investor interest and constrained supply. Altcoins like Ethereum, Cardano, Chainlink, and Solana experienced erratic movements, dropping by 15-20%, contrasting historical trends post-Bitcoin halving.”
Sathvik Vishwanath, CEO and co-founder of Unocoin, said, “Bitcoin rose 3.9% to $64,400, rebounding from a sharp selloff amid escalating tensions in the Middle East. The cryptocurrency, along with smaller coins like Polkadot and Uniswap, surged more than 10% as investors reacted to Iran’s attack on Israel. Bitcoin’s surge comes amid the liquidation of roughly $1.5 billion in bullish crypto bets over the weekend, signalling heightened volatility. But uncertainty looms as the conflict between Israel and Iran escalates, testing the narrative of cryptocurrencies as havens during geopolitical upheavals. Additionally, expectations are building around a bitcoin halving expected around April 20, a historically bullish catalyst but now facing growing scepticism following recent market swings.”
Shivam Thakral, CEO of BuyUcoin, said, “Bitcoin slid below $60,000 over the weekend, which prompted high volatility across the crypto market, liquidating around $1.5 billion futures longs. Today, the largest cryptocurrency has rebounded above $65,000 amid the news of a spot ETF approval from Hong Kong regulators. If approved, this move can bring back the same momentum the Bitcoin price showcased in January 2024.”
CoinDCX Research Team told ABP Live, “Over the past few days, the crypto market experienced a notable decline due to escalating tensions between Iran and Israel. BTC dropped to $60,700, while ETH reached $2,850. Although both have recovered slightly, there’s no clear reversal yet. Today’s ETF data and the market reaction when the US market opens will be crucial. For BTC, the $59,000 level is a significant high-time frame support, while for ETH, it’s the $2,800-$2,900 range. Additionally, with the Bitcoin halving approaching, we may see increased volatility in the market.”
Subscribe And Follow ABP Live On Telegram: t.me/officialabplive
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.
No Comment! Be the first one.