Bitcoin (BTC) Price Today - August 23: Crypto Market Sees Rise After Jerome Powell Hints At Potential Rate Cut

Bitcoin (BTC), the world's oldest and most valued cryptocurrency, managed to rise above the $65,000 mark over the weekend, before setting at around $63,000 early Monday.

The world’s oldest and most valued cryptocurrency, Bitcoin (BTC), managed to rise above the $65,000 mark over the weekend, before setting at around $63,000 early Monday. Other popular altcoins — including the likes of Ethereum (ETH), Dogecoin (DOGE), Solana (SOL), Ripple (XRP), and Litecoin (LTC) — landed in the greens across the board as the overall Market Fear & Greed Index stood at 56 (Neutral) out of 100, as per CoinMarketCap data. The Artificial Superintelligence Alliance (FET) token emerged to be the biggest gainer of the lot, with a 24-hour jump of over 8 percent. Zcash (ZEC) became the biggest loser, with a 24-hour dip of nearly 6 percent.

The global crypto market cap stood at $2.25 trillion at the time of writing, registering a 24-hour dip of 0.45 percent.

Bitcoin (BTC) Price Today

Bitcoin price stood at $63,994.15, registering a 24-hour loss of 0.28 percent, as per CoinMarketCap. According to Indian exchanges, BTC price stood at Rs 53.65 lakh.

Ethereum (ETH) Price Today

ETH price stood at $2,746.04, marking a 24-hour dip of 0.66 percent at the time of writing. Ethereum price in India stood at Rs 2.30 lakh.

Dogecoin (DOGE) Price Today

DOGE registered a 24-hour dip of 1.48 percent, as per CoinMarketCap data, currently priced at $0.1093. Dogecoin price in India stood at Rs 9.15.

Litecoin (LTC) Price Today

Litecoin saw a 24-hour loss of 2.21 percent. At the time of writing, it was trading at $64.37. LTC price in India stood at Rs 5,394.71.

Ripple (XRP) Price Today

XRP price stood at $0.598, seeing a 24-hour dip of 1.70 percent. Ripple price in India stood at Rs 50.18.

Solana (SOL) Price Today

Solana price stood at $159.52, marking a 24-hour gain of 0.67 percent. SOL price in India stood at Rs 13,330.33.

Top Crypto Gainers Today (August 23)

As per CoinMarketCap data, here are the top five crypto gainers over the past 24 hours:

Artificial Superintelligence Alliance (FET)

Price: $1.3324-hour gain: 8 percent

Bittensor (TAO)

Price: $345.5024-hour gain: 4.78 percent

Tron (TRX)

Price: $0.165624-hour gain: 4.09 percent

Aptos (APT)

Price: $7.2424-hour gain: 2.99 percent

Floki (FLOKI)

Price: $0.000152424-hour gain: 2.70 percent

Top Crypto Losers Today (August 23)

As per CoinMarketCap data, here are the top five crypto losers over the past 24 hours:

Zcash (ZEC)

Price: $39.9724-hour loss: 5.73 percent

Brett (Based) (BRETT)

Price: $0.0923924-hour loss: 5.37 percent

Klaytn (KLAY)

Price: $0.169724-hour loss: 5.14 percent

Polygon (MATIC)

Price: $0.522224-hour loss: 4.79 percent

Helium (HNT)

Price: $6.2224-hour loss: 4.78 percent

What Crypto Exchanges Are Saying About Current Market Scenario

Mudrex co-founder and CEO Edul Patel told ABP Live, “Over the weekend, Bitcoin began climbing above the $60,000 mark after Jerome Powell hinted at a potential rate cut in September. Adding to the momentum, Robert F. Kennedy Jr. expressed support for Donald Trump in the presidential campaign, pledging a crypto-friendly stance. This pushed Bitcoin up to the $64,000 level. The next resistance is expected at $65,600

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