Bitcoin (BTC), the world's oldest and most valued cryptocurrency, dipped below the $58,000 mark early Friday. Other popular altcoins — including the likes of Ethereum (ETH), Dogecoin (DOGE), Solana (SOL), Ripple (XRP), and Litecoin (LTC) — largely landed in the reds across the board
Bitcoin (CRYPTO: BTC) price fell 0.68% to $57,892.17 at the time of writing, as per CoinMarketCap data. According to Indian exchanges, BTC price stood at Rs 46.06 lakh.
The global crypto market cap stood at $2.04 trillion, registering a 24-hour dip of 0.21 percent.
Top Crypto Gainers Today (September 13)As per CoinMarketCap data, here are the top five crypto gainers over the past 24 hours:
Beam (CRYPTO: BEAM) price saw a 24-hour surge of 10.94%, priced at $0.014512.
Quant (CRYPTO: QNT) price rose 9.31% over 24 hours, currently trading at $77.12.
Worldcoin (CRYPTO: WLD) witnessed a 24-hour gain of 9.03%, priced at $1.53.
Popcat (SOL) (CRYPTO: POPCAT) price rose 6.73% over 24 hours, currently trading at $0.6619.
Pyth Network (CRYPTO: PYTH) price saw a 24-hour gain of 5.53%, priced at $0.2928.Top Crypto Losers Today (September 13)As per CoinMarketCap data, here are the top five crypto losers over the past 24 hours:
Aave (CRYPTO: AAVE) price fell 4.75% over 24 hours, currently trading at $143.22.
Helium (CRYPTO: HNT) price saw a 24-hour loss of 4.31%, priced at $7.71.
THORChain (CRYPTO: RUNE) price fell 3.50% over 24 hours, currently trading at $3.90.
UNUS SED LEO (CRYPTO: LEO) price saw a 24-hour loss of 3.36%, priced at $5.58.
Bitcoin SV (CRYPTO: BSV) price fell 3.04% over 24 hours, currently trading at $47.75.What Crypto Exchanges Are Saying About Current Market ScenarioMudrex co-founder and CEO Edul Patel told ABP Live, “Bitcoin has sustained at the $58,000 level maintaining the bullish trajectory. The announcement by Trump on plans to the launch his sons crypto business and the bullish predictions by Standard Chartered Bank for BTC have further strengthed the market sentiment. BTC’s resistance level stands at $59,100 and the support level remains at $56,500.”
Sathvik Vishwanath, CEO and co-founder of Unocoin, said, “Bitcoin's price has seen a slight decline of 0.97% since mid-August, currently trading around $58,360. Analysts are cautious, with some predicting a potential dip to the low $40,000s before a possible bull market resurgence. Markus Thielen from 10x Research forecasted that Bitcoin could fall into the low $40,000 range before rebounding. If Bitcoin drops to $45,000, it might trigger market fear and uncertainty, but a recovery to around $70,000 could lead to increased investor enthusiasm and fear of missing out (FOMO). Overall, the market sentiment remains fear-driven, as reflected in the Crypto Fear & Greed Index score of 31.”
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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.
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