Bitcoin (BTC), the world’s oldest and most valuable cryptocoin, appears stable in the $19,000 area early Wednesday morning, while Ethereum (ETH) continues its bear run and lingers in the $1,300 area. Other popular altcoins, including the likes of Dogecoin (DOGE) and Litecoin (LTC), managed to land in the green on September 21st. Ripple (XRP), on the other hand, turned out to be the biggest gainer of the last 24 hours. Among the lesser-known coins, the Chiliz (CHZ) token saw the biggest drop.
At the time of writing, the global crypto market cap stands at $926.52 billion, down 0.87 percent over the past 24 hours, according to CoinMarketCap data.
Bitcoin (BTC) price today
According to CoinMarketCap, Bitcoin recorded a 24-hour drop of 1.99 percent at a price of $19,008.58. According to Indian exchange WazirX, the BTC price was at 16.21 rupees.
Ethereum (ETH) price today
ETH price was at $1,338.48, which is a 24-hour drop of 1.78 percent at the time of writing. According to WazirX, Ethereum price in India was Rs 1.15 lakhs.
Dogecoin (DOGE) price today
DOGE posted a 24-hour gain of 1.50 percent, currently at $0.0595, according to CoinMarketCap data. According to WazirX, Dogecoin price in India was 4.99 rupees.
Litecoin (LTC) price today
Litecoin posted a 24-hour gain of 0.63 percent. At the time of writing, the price was $52.38. The LTC price in India stood at Rs 4,311.12.
Ripple (XRP) price today
XRP price was at $0.4112, up 8 percent over the 24-hour period. According to WazirX, Ripple price was 34.30 rupees.
Solana (SOL) price today
Solana price was at $31.95, down 1.62 percent over the 24-hour period. According to WazirX, the SOL price in India was 2,700.15 rupees.
Top Crypto Winners Today (September 21)
According to CoinMarketCap data, here are the top five crypto gainers over the past 24 hours:
24-hour gain: 8.33 percent
24-hour gain: 4.63 percent
Neutrino USD (USDN)
24-hour gain: 3.93 percent
24-hour gain: 2.96 percent
Huobi Token (HT)
24-hour gain: 2.92 percent
Top Crypto Losers Today (September 21)
According to CoinMarketCap data, here are the top five crypto losers over the past 24 hours:
24-hour loss: 7.22 percent
24-hour loss: 5.89 percent
24-hour loss: 4.46 percent
24-hour loss: 4.34 percent
24-hour loss: 4.04 percent
What crypto exchanges are saying about the current market scenario
Edul Patel, co-founder and CEO of Mudrex, told ABP Live, “Bitcoin’s price has fallen after surpassing the $20,000 mark. BTC has lost nearly 16 percent of its value over the past week. Although BTC attempted to rally above $19,000, it failed to stay there for too long. For the past 24 hours, BTC has been trading sideways between its support at $18,540 and resistance at $20,415. As the current price is closer to the support price, sellers are more active in the market. If the bulls can return to the market and move towards $20,000, we could see an upside.”
Sathvik Vishwanath, CEO and co-founder of Unocoin, said: “Following a bloodbath over the weekend and Monday, we have seen prices rise by 1 to 3 percent for almost all of the top 100 coins and tokens. The category with the highest gains was NFT-related tokens, most notably ApeCoin, which saw a 13 percent gain. Ethereum has gained about 3 percent over the past 24 hours while losing nearly 20 percent over the past 7 days. For the remainder of the week, expect the aftermath of the Ethereum merger to lead to higher volatility on the token as this doesn’t appear to be fully settled yet. Along with the recession news making the rounds in Eastern European countries, expect inconsistencies in the global crypto market.”
WeTrade founder Prashant Kumar also commented on the market scenario: “Crypto market cap remained in the red during Asian trading hours on Wednesday as the market awaited news from the US Federal Reserve meeting that could herald another rate hike . A similar trend can also be seen in the US stock market as the market reacts to high consumer price indices and rate hikes. Bitcoin and Ethereum are both down further by about 2.5 percent over the past 24 hours Similar trends have been seen in other key cryptocurrencies.”
Disclaimer: Crypto products and NFTs are unregulated and can be very risky. There may be no regulatory recourse for losses on such transactions. Cryptocurrency is not legal tender and is subject to market risks. Readers are advised to seek professional advice and carefully read the offering document(s) and relevant key literature on the subject before making any type of investment. Cryptocurrency market predictions are speculative and any investment made is at the sole expense and risk of the readers.