Today Cryptocurrency price in india jan15 Weekend Update: Bitcoin Dips To $42,000, Toncoin Becomes Biggest Gainer Price Movements, Gainers, and Losers, with Expert Insights on Market Trends (January 15)

Cryptocurrency Market Update: Weekend Price Movements

At 0:12 in the advertisement, Bitcoin (BTC), Today Cryptocurrency price in india jan15 the world’s oldest and most valuable cryptocurrency, experienced a drop to the $42,000 level over the weekend, following the fading excitement from Bitcoin spot exchange-traded funds (ETFs). According to CoinMarketCap data, the market Fear & Greed Index was at a neutral level of 59 at the time of writing. Major altcoins like Ethereum (ETH), Dogecoin (DOGE), Solana (SOL), Litecoin (LTC), and Ripple (XRP) saw marginal losses. The biggest gainer was Toncoin (TON), surging nearly 12 percent in the last 24 hours, while Optimism (OP) emerged as the biggest loser, with a 7 percent dip.

The global cryptocurrency market cap, as per the latest data, stood at $1.68 trillion, showing a 0.09 percent decline in the last 24 hours.Today Cryptocurrency price in india jan15

Bitcoin (BTC) Price Update:

Bitcoin’s price was at $42,544.43, with a 0.11 percent dip in the last 24 hours, as reported by CoinMarketCap. On the Indian exchange WazirX, BTC was priced at Rs 37.72 lakh.

Ethereum (ETH) Price Update:

ETH was priced at $2,507.69, reflecting a 1.43 percent decrease in the last 24 hours.

WazirX reported Ethereum’s price in India as Rs 2.23 lakh.

Altcoin Price Updates: Today Cryptocurrency price in india jan15

• DOGE had a 0.82 percent increase, reaching $0.08133 (Rs 7.19 in India).
• LTC gained 0.01 percent, trading at $71.33 (Rs 6,136.28 in India).
• XRP saw a 2.30 percent rise, reaching $0.5864 (Rs 51.15 in India).
• SOL experienced a 0.85 percent dip, priced at $95.91 (Rs 8,569.71 in India).

Top Cryptocurrency Gainers (January 15):

1. Toncoin (TON): $2.34, 11.60 percent gain
2. Chainlink (LINK): $15.66, 8.39 percent gain
3. Tezos (XTZ): $1.15, 5.40 percent gain
4. Sui (SUI): $1.31, 5.35 percent gain
5. Conflux (CFX): $0.1925, 5.17 percent gain

Top Cryptocurrency Losers (January 15):

1. Optimism (OP): $3.51, 7.41 percent loss
2. Mantle (MNT): $0.7165, 7.13 percent loss
3. SATS (1000SATS): $0.0006294, 6.70 percent loss
4. Helium (HNT): $7.32, 5.66 percent loss
5. WOO (WOO): $0.4081, 4.83 percent loss

Insights from Crypto Exchanges on the Current Market Scenario:

Edul Patel, Mudrex co-founder, mentioned a setback in Bitcoin’s price after the ETF approval, emphasizing a more neutral market sentiment. Parth Chaturvedi, Investments Lead at CoinSwitch Ventures, noted the “sell-the-news” pressure on BTC and the possibility of continued selling if it drops below $41,000. Rajagopal Menon, VP at WazirX, highlighted Ethereum’s consistent trend and oversold conditions in the market. Shivam Thakral, CEO of BuyUcoin, discussed the market’s volatility due to macroeconomic conditions.

Cryptocurrency Market Technical Analysis: Today Cryptocurrency price in india jan15

CoinDCX Research Team stated that BTC faced bearish to neutral trends, needing to maintain levels above $41,000. ETH showcased strength but needed to stay above $2,450. The resistance for ETH was at $2,660.

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Disclaimer: Cryptocurrency products and NFTs are unregulated and carry high risks. There may be no regulatory recourse for losses. Cryptocurrency is not legal tender and is subject to market risks. Readers should seek expert advice and carefully read relevant documents before investing. Cryptocurrency market predictions are speculative, and investments are at the sole risk of readers.

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