Bitcoin (BTC), the world’s oldest and most valued cryptocurrency, fell below the $70,000 mark early Thursday. Other popular altcoins – including the likes of Ethereum (ETH), Dogecoin (DOGE), Ripple (XRP), Solana (SOL) and Litecoin (LTC) – saw a mix of small gains and declines across the board. The Mantle token (MNT) became the biggest gainer of the lot, with a 24-hour jump of over 26 percent. Lido DAO (LDO) became the biggest loser of the lot, with a 24-hour drop of over 11 percent.
Global crypto market capitalization stood at $2.60 trillion at the time of writing, registering a 24-hour decline of 2.52 percent.
Bitcoin (BTC) price today
The price of bitcoin stood at $69,704.75, registering a 24-hour decline of 0.61 percent, according to CoinMarketCap. According to the Indian exchange WazirX, the price of BTC stands at Rs 60.31 lakh.
Ethereum (ETH) price today
The price of ETH stood at $3,512.24, marking a 24-hour loss of 2.10 percent at the time of writing. According to WazirX, Ethereum price in India stands at Rs 3.04 lakh.
Dogecoin (DOGE) Price Today
DOGE registered a 24-hour jump of 7.11 percent, according to CoinMarketCap data, currently priced at $0.1975. According to WazirX, Dogecoin price in India stands at Rs 16.88.
Litecoin (LTC) price today
Litecoin posted a 24-hour drop of 1.05 percent. At the time of writing, it was trading at $95.54. LTC price in India stands at Rs 8,181.52.
Ripple (XRP) price today
The price of XRP stood at $0.6114, marking a 24-hour loss of 2.83 percent. According to WazirX, the price of Ripple was Rs 52.99.
Solana (SOL) price today
Solana was priced at $182.01, marking a 24-hour drop of 4.83 percent. According to WazirX, the price of SOL in India stands at Rs 15,920.
Top Profitable Cryptos Today (March 28)
According to CoinMarketCap data, here are the top five crypto gainers in the last 24 hours:
Mantle (MNT)
Price: $1.19
24 hour profit: 26.89 percent
Bitcoin Cash (BCH)
Price: $534.70
24 hour profit: 8.75 percent
Dogecoin (DOGE)
Price: $0.1962
24 hour profit: 6.25 percent
Arweave (AR)
Price: $43.86
24 hour profit: 6.09 percent
SingularityNET (AGIX)
Price: $1.26
24 hour profit: 5.09 percent
Top Crypto Losers Today (March 28)
According to CoinMarketCap data, here are the top five losing cryptocurrencies in the last 24 hours:
Lido DAO (LDO)
Price: $2.91
24 hour loss: 11.53 percent
FLOKI (FLOKI)
Price: $0.0002196
24 hour loss: 9.13 percent
Bittensor (TAO)
Price: $528.82
24 hour loss: 9.06 percent
flow (FLOW)
Price: $1.36
24 hour loss: 8.91 percent
Flare (FLR)
Price: $0.03386
24 hour loss: 8.87 per cent
What crypto exchanges say about the current market scenario
Mudrex co-founder and CEO Edul Patel told ABP Live, “Bitcoin briefly crossed $71,200 in the last 24 hours before falling back to $69,200 as markets saw little selling pressure. Larry Fink, CEO of BlackRock, is reportedly very bullish on BTC as his ETF surpassed $17 billion in inflows. Bitcoin’s next resistance level is $70,814, while the previous support level is $67,744. Meanwhile, Ethereum saw a little selling pressure as it fell 3.70% in the last 24 hours to settle around $3,400. Overall, market sentiment remains extremely greedy.”
CoinSwitch Markets Desk noted, “In a mixed day for both bulls and bears, BTC first breached the $71k mark before breaking below $69k, causing over $175 million long liquidations as well as over $80 million short liquidations. The short selling began when a federal judge in New York ruled that the SEC could continue its lawsuit against Coinbase for unregistered securities sales and offerings. In other news, Fidelity Investments became the eighth institution to apply for a spot in the Ethereum ETF late in the evening, as BlackRock, Ark Invest, etc. are already queuing for the same. However, ETH prices continued to decline during the day. “
Rajagopal Menon, Vice President of WazirX said, “Bitcoin and Ethereum are trading sideways amid minor price corrections. With KuCoin facing over $1 billion in outflows following allegations of criminal conspiracy, the market is witnessing a slight slowdown. HODLers are still holding onto their tokens amid selling pressure as both BTC and ETH face resistance at $70k and $3.5k. While Bitcoin’s indicators point to bullish sentiment that could potentially break through the $70,000 resistance, Ethereum’s indicators suggest price correction range despite bullish momentum.”
Satvik Vishwanath, CEO and co-founder of Unocoin, said: “Bitcoin price remains stable around $70,355, indicating a 0.45% gain and highlighting its sustainability and growth potential. The launch of Hashdex’s Spot Bitcoin ETF provides US traders with a new avenue for investment, despite a higher management fee. In addition, the anticipation surrounding Bitcoin’s halving event highlights its scarcity and demand dynamics, which could lead to a sharp increase in prices. Strategic moves by companies like Bitdeer to expand Bitcoin’s mining infrastructure further bolster confidence in its long-term value. Robert Kiyosaki’s endorsement of bitcoin as a mainstream investment underscores its growing appeal amid criticism of fiat currencies. Overall, these developments and price predictions suggest an upward trajectory for Bitcoin, supported by strong buy zones and resistance levels.”
Shivam Thakral, CEO of BuyUcoin said, “Bitcoin lost the $70,000 level as the crypto market saw a slight decline across the board. A weekly close above $70,000 could confirm the breakout and push the cryptocurrency to new highs. Meanwhile, Bitcoin ETFs saw net inflows totaling $243.5 million.”
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Disclaimer: Crypto products and NFTs are unregulated and can be very risky. There may be no regulatory protection for losses from such transactions. Cryptocurrency is not legal tender and is subject to market risks. Readers are advised to seek expert advice and read the offer document(s) carefully together with relevant relevant literature before making any investment. Cryptocurrency Market forecasts are speculative and any investment made is entirely at the readers’ own risk.