Today Cryptocurrency Price Bitcoin Remains Within $42,000 Range, ETHDYDX Becomes Top Gainer

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Today Cryptocurrency Price
Today Cryptocurrency Price


Crypto Market Overview

Today Cryptocurrency Price Bitcoin, the oldest and most valued cryptocurrency globally, held steady around the $42,000 mark on Thursday. Other prominent coins like Ethereum, Dogecoin, Solana, Ripple, and Litecoin experienced marginal losses. The ETHDYDX token emerged as the top gainer, jumping over 6 percent in the last 24 hours, while THORChain marked the largest loss with a 10 percent dip. Today Cryptocurrency Price

Cryptocurrency price on January 18 quick take: The global market cap dipped to $1.68 trillion.

Cryptocurrency Price Today Jan 17 2024
Cryptocurrency Price Today Jan 17 2024

As of now, the total global crypto market cap is $1.68 trillion, with a 1.20 percent loss in the past 24 hours.

Bitcoin Price Today

Bitcoin is currently priced at $42,594.04, reflecting a 0.68 percent decrease in the last 24 hours. According to WazirX, the price in India is Rs 37.30 lakh.

Ethereum Price Today

The current price of Ethereum is $2,529.24, showing a 1.70 percent dip in the last 24 hours. In India, Ethereum is valued at Rs 2.21 lakh.

Dogecoin Price Today

Dogecoin experienced a 1.31 percent loss, with the current price at $0.08018. In India, Dogecoin is priced at Rs 7.01.

Today Cryptocurrency Price
Today Cryptocurrency Price

Litecoin Price Today

Litecoin saw a 0.31 percent decrease and is trading at $69.20. In India, the price is Rs 6,049.49.

Ripple Price Today

Ripple’s price stands at $0.5659, with a 1.50 percent loss in the last 24 hours. In India, it is valued at Rs 49.51.

Solana Price Today

Solana’s current price is $99.81, reflecting a 0.13 percent dip. In India, it is priced at Rs 8,664.62.

Top Crypto Gainers Today (January 18)

According to CoinMarketCap, the top five gainers in the last 24 hours are:

  1. dYdX (ETHDYDX)
    • Price: $3.10
    • 24-hour gain: 6.47 percent
  2. Flare (FLR)
    • Price: $0.02187
    • 24-hour gain: 5.85 percent
  3. Render (RNDR)
    • Price: $4.22
    • 24-hour gain: 2.55 percent
  4. Helium (HNT)
    • Price: $7.65
    • 24-hour gain: 2.14 percent
  5. Sei (SEI)
    • Price: $0.7965
    • 24-hour gain: 1.67 percent

Top Crypto Losers Today (January 18)

Today Stock Market Report jan 16
Today Stock Market Report jan 16

As per CoinMarketCap, the top five losers in the last 24 hours are:

  1. THORChain (RUNE)
    • Price: $4.25
    • 24-hour loss: 10.56 percent
  2. Beam (BEAM)
    • Price: $0.02062
    • 24-hour loss: 9.76 percent
  3. Bonk (BONK)
    • Price: $0.00001289
    • 24-hour loss: 8.69 percent
  4. Lido DAO (LDO)
    • Price: $3.13
    • 24-hour loss: 8.06 percent
  5. Arbitrum (ARB)
    • Price: $1.96
    • 24-hour loss: 7.69 percent

Crypto Market Insights

Today Cryptocurrency Price
Today Cryptocurrency Price

Experts provide diverse perspectives on the current market scenario. Edul Patel from Mudrex notes Bitcoin’s consolidation at $42,000, while CoinSwitch Markets Desk observes altcoins showing weakness after BTC consolidation. Rajagopal Menon anticipates a favorable run for crypto post a potential Fed interest rate cut. Sathvik Vishwanath sees a significant selloff in Bitcoin, attributed to miners releasing substantial amounts. Shivam Thakral predicts a surge if Bitcoin closes above $43,000 this week, emphasizing the impact of ETF listings on market volatility.

Technical Analysis and Predictions : Today Cryptocurrency Price

The CoinDCX Research Team highlights bullish indicators for Bitcoin, including the 50-week SMA crossing above the 200-week SMA. However, mixed signals and a significant support level at $40,000-$41,000 for BTC are noted. Ethereum maintains its position above $2,500, with targets set at $2,660 and $2,940. Today Cryptocurrency Price

Disclaimer

Cryptocurrency investments are speculative and carry risks. Readers are advised to seek expert advice, carefully read related documents, and be aware of market risks. Cryptocurrency market predictions are speculative, and any investment involves potential loss.

also read …Crypto Market Update: A Friendly Look at Today’s Prices and Trends

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