Bitcoin (BTC), the oldest and most popular cryptocurrency in the world, managed to cross the $ 21,000 mark after a drastic drop seen last week. Ethereum (ETH), the second most popular cryptocurrency after Bitcoin, has surpassed the $ 1,700 mark. Most of the other popular altcoins including Dogecoin (DOGE), Ripple (XRP) and Litecoin (LTC) found themselves in the red on Monday morning. Among the lesser known altcoins, the ApeCoin (APE) token has emerged as the biggest gainer in the last 24 hours.
At the time of writing, the global cryptocurrency market cap was $ 1.05 trillion, marking a less than 0.76% decline in the past 24 hours, according to data from CoinMarketCap.
Bitcoin (BTC) price today
According to CoinMarketCap, Bitcoin recorded a 0.54% increase over 24 hours, priced at $ 21,695.85. According to the Indian exchange WazirX, the price of BTC was Rs 17.78 lakh.
Ethereum (ETH) price today
The price of ETH was $ 1,722.96, marking a 24-hour drop of 2.28 percent at the time of writing. According to WazirX, the price of Ethereum in India was Rs 1.42 lakh.
Dogecoin (DOGE) price today
According to data from CoinMarketCap, DOGE posted a 24-hour loss of 1.60%, currently priced at $ 0.06319. According to WazirX, the price of Dogecoin in India was Rs 5.23.
Litecoin (LTC) price today
Litecoin recorded a loss of 3.33% in the 24 hours. At the time of writing, it was priced at $ 61.19. The price of LTC in India was Rs 5,100.
Ripple Price (XRP) today
The price of XRP stood at $ 0.3518, posting a decrease of 1.22% over the 24-hour period. According to WazirX, Ripple’s price stood at Rs 28.91.
Solana (SOL) price today
Solana’s price stood at $ 34.77, marking a 0.20 percent increase over the 24-hour period. According to WazirX, the SOL price in India was Rs 2,947.
Best Cryptocurrency Earnings Today (September 12)
According to data from CoinMarketCap, here are the top five cryptocurrency gains in the past 24 hours:
Price: $ 5.41
Earnings of 24 hours: 5.59 percent
Pancake Swap (CAKE)
Price: $ 4.54
Earnings of 24 hours: 5.54 percent
Price: $ 0.05518
Earnings of 24 hours: 4.93 per cent
Price: $ 0.04745
Earnings of 24 hours: 3.66 percent
Price: $ 107.22
Earnings of 24 hours: 3.60 percent
Top Cryptocurrency Losers Today (September 12)
According to data from CoinMarketCap, here are the top five cryptocurrency losers in the past 24 hours:
Price: $ 0.05105
Loss of 24 hours: 17.14 per cent
Price: $ 5.28
Loss of 24 hours: 12.90 percent
Classic Earth (LUNC)
Price: $ 0.000407
Loss of 24 hours: 10.38 per cent
Price: $ 1.67
Loss of 24 hours: 6.17 per cent
Price: $ 4.81
Loss of 24 hours: 5.04 percent
What cryptocurrency exchanges say about the current market scenario
Mudrex co-founder and CEO Edul Patel told ABP Live: “Bitcoin returned to the $ 21,700 zone over the weekend after forming a bullish divergence. If BTC’s price manages to close above the $ 21,700 zone. its current level at $ 21,700, we may soon see it rise towards the $ 24,000 level this week. But if it fails to break through this region, we may see it retest the $ 20,700 level. On the other hand, Ethereum is moving towards its immediate resistance at $ 1,800 as market participants react positively as the most anticipated Merge approaches. If ETH closes above the $ 1,800 level, the next key resistance level would be $ 2,000. “
Sathvik Vishwanath, CEO and co-founder of Unocoin said: “Over the weekend, the market is close to 10%. The highest gain has been CEL with a whopping 24% in the past 24 hours, even though its bankruptcy crisis. and investor problems continue to exist. LUNA gained 207% as its community gained confidence in the coin’s troubled return. While coins like Bitcoin and Ethereum gained around 2% and 3% each. With the merger of Ethereum scheduled for next week, more cautious trading decisions need to be made than normal. “
WeTrade founder Prashant Kumar also offered his take on the market scenario: “The week started on a positive note for investors as the global cryptocurrency market cap managed to make up some of the ground lost over the weekend and Monday morning is at $ 1.07 trillion. Bitcoin, which was trading below $ 20,000 last week, also saw an upward movement and reached $ 22,000 with an increase of 11% over the past seven days. Ethereum, with the merger, also gained 12% in the last week and is approaching $ 1,800. The largest peak, however, was recorded by Terra Luna, which rose 215% in the last week. activity could ensure a constructive movement for buyers in the market. “
Disclaimer: Crypto products and NFTs are unregulated and can be highly risky. There can be no regulatory recourse for any losses resulting from such transactions. The cryptocurrency is not legal tender and is subject to market risks. Readers are advised to seek expert advice and carefully read the offering documents along with relevant relevant literature on the subject before making any type of investment. The forecasts of the cryptocurrency market are speculative and any investments made will be at the sole cost and risk of the readers.