Synopsis
Cryptocurrency, Cryptocurrency news, Cryptocurrency prices, Bitcoin, Bitcoin rate today, Ethereum, Dogecoin, Toncoin, Cardano, Shiba Inu, Avalanche
Major crypto tokens displayed mixed performance on Thursday. Bitcoin, BNB, Solana, Tron, and Near Protocol gained up to 4.8%, while Ethereum, Dogecoin, Toncoin, Cardano, Shiba Inu, Avalanche, and Chainlink faced losses of up to 4.2%.
The global cryptocurrency market cap rose by 0.13%, reaching approximately $2.31 trillion over the last 24 hours.
As of 11:52 a.m. IST, Bitcoin was trading at $67,381, up 0.3%, while Ethereum remained below the $2,600 mark. Earlier in the day, Bitcoin had dipped below $65,200.
Crypto Tracker
TOP COIN SETSNFT & Metaverse Tracker2.45% BuySmart Contract Tracker1.14% BuyCrypto Blue Chip – 50.36% BuyWeb3 Tracker0.30% BuyBTC 50 :: ETH 50-1.05% BuyTOP COINS (₹) Solana14,594 (5.05%)BuyBNB49,641 (0.64%)BuyBitcoin5,650,614 (0.45%)BuyTether84 (-0.05%)BuyEthereum214,403 (-2.36%)Buy“Bitcoin is stabilising at $67,200 after a low of $65,200. The recent sell-off was largely driven by a 400-point drop in the Dow Jones, reflecting weakness in traditional markets. Additionally, Trump’s Polymarket odds slipped from 65% to 63%, contributing to negative sentiment,” said Edul Patel, CEO of Mudrex. “Bitcoin faces immediate resistance at $67,500, with strong support at $65,950,” he added.
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The world of cryptocurrencies is very dynamic. Prices can go up or down in a matter of seconds. Thus, having reliable answers to such questions is crucial for investors.
View Details »The CoinSwitch Markets Desk noted, “Bitcoin experienced a significant decline yesterday, falling from around $66,000 to a low of $65,260, coinciding with negative performance in the SPY and Nasdaq. However, it quickly rebounded to $67,300, suggesting it may have found a local bottom. If it breaks yesterday’s low, the next support level to watch is $64,000. Notably, Bitcoin ETFs saw a net inflow of $198.5 million, indicating institutional demand.”
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The volume of all stablecoins is now $76.99 billion, which is 91.71% of the total crypto market 24-hour volume, as per data available on .
In the last 24 hours, the market cap of Bitcoin, the world’s largest cryptocurrency, rose to $1.329 trillion. Bitcoin’s dominance is currently 57.48%, according to . BTC volume in the last 24 hours rose 19% to $34.6 billion.
Vikram Subburaj, CEO of Giottus, stated, “Bitcoin is holding strong above $67,000, a critical level for continued consolidation. Sustained momentum at these levels could serve as a catalyst for further upside.”
Sathvik Vishwanath, Co-founder & CEO of Unocoin, mentioned, “A recent breakout above the 50-day Exponential Moving Average at $67,250 could signal upward momentum, with immediate resistance at $67,900. However, traders should remain cautious of bearish pressures, with key support levels at $65,230 and $63,760. Overall, the market’s resilience suggests potential for continued interest and price movement in Bitcoin.”
(Disclaimer: Recommendations, suggestions, views, and opinions given by the experts are their own. These do not represent the views of the Economic Times)
