Bitcoin (BTC), the world’s oldest and most valued crypto coin, appears to be stable within the $19,000 range on early Wednesday morning, while Ethereum (ETH) continues its bear run, dwelling within the $1,300 range. Other popular altcoins, including the likes of Dogecoin (DOGE) and Litecoin (LTC), managed to land in the greens on September 21. Ripple (XRP), on the other hand, emerged to be the biggest gainer in the last 24 hours. Among lesser-known coins, the Chiliz (CHZ) token saw the biggest dip.
At the time of writing, the global crypto market cap stood at $926.52 billion, marking a 0.87 percent dip in the last 24 hours, as per CoinMarketCap data.
Bitcoin (BTC) price today
As per CoinMarketCap, Bitcoin saw a 24-hour dip of 1.99 percent, priced at $19,008.58. As per Indian exchange WazirX, BTC price stood at Rs 16.21 lakhs.
Ethereum (ETH) price today
ETH price stood at $1,338.48, marking a 24-hour dip of 1.78 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 1.50 percent as per CoinMarketCap data, currently priced at $0.0595. As per WazirX, Dogecoin price in India stood at Rs 4.99.
Litecoin (LTC) price today
Litecoin saw a 24-hour gain of 0.63 percent. At the time of writing, it was priced at $52.38. LTC price in India stood at Rs 4,311.12.
Ripple (XRP) price today
XRP price stood at $0.4112, seeing a 24-hour gain of 8 percent. As per WazirX, Ripple price stood at Rs 34.30.
Solana (SOL) price today
Solana price stood at $31.95, marking a 24-hour dip of 1.62 percent. As per WazirX, SOL price in India stood at Rs 2,700.15.
Top crypto gainers today (September 21)
As per CoinMarketCap data, here are the top five crypto gainers over the past 24 hours:
24-hour gain: 8.33 percent
24-hour gain: 4.63 percent
Neutrino USD (USDN)
24-hour gain: 3.93 percent
24-hour gain: 2.96 percent
Huobi Token (HT)
24-hour gain: 2.92 percent
Top crypto losers today (September 21)
As per CoinMarketCap data, here are the top five crypto losers over the past 24 hours:
24-hour loss: 7.22 percent
24-hour loss: 5.89 percent
24-hour loss: 4.46 percent
24-hour loss: 4.34 percent
24-hour loss: 4.04 percent
What crypto exchanges are saying about the current market scenario
Mudrex co-founder and CEO Edul Patel told ABP Live, “The price of Bitcoin has been dipping after it breached the $20,000 mark. BTC has lost nearly 16 percent of its value in the past week. Despite BTC attempting to recover above $19,000, it could not sustain too long there. In the past 24 hours, BTC traded sideways between its support at $18,540 and the resistance at $20,415. Since the current price is closer to the support price, sellers are more active in the market. If bulls can return to the market and move towards $20,000, we might see an upward trend.”
Sathvik Vishwanath, CEO and co-founder of Unocoin said, “After a bloodbath during the weekend and Monday, we have seen a 1-3 percent increase in prices for almost all of the top 100 coins and tokens. The highest gaining category was NFT-related tokens, especially the ApeCoin, which saw a gain of 13 percent. Ethereum gained approximately 3 percent in the last 24 hours whereas it had lost close to 20 percent in the last 7 days. During the rest of the week, the after-effects of the Ethereum merger can be expected to lead to higher volatility in the token as this does not seem to be fully settled yet. Along with the recession news making rounds in Eastern European countries, inconsistency in the global crypto market is to be expected.”
weTrade founder Prashant Kumar offered his take on the market scenario as well, “The crypto market cap continued to stay in the red during Asia trading hours on Wednesday as the market awaited news from the US Federal Reserve meeting that could announce another interest rate hike. A similar trend can also be seen in the US stock market as the market reacts to high consumer price index readings and rate hikes. Bitcoin and Ethereum both declined further by approximately 2.5 percent over the last 24 hours. Similar trends could be seen in other key cryptocurrencies.”
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.