Crypto price today March 27 check global market cap bitcoin BTC ethereum doge solana litecoin dogwifhat kucoin Live TV

Bitcoin (BTC), the world's oldest and most valuable cryptocurrency, managed to remain stable in the $70,000 range on Wednesday. It is largely believed that the London Stock Exchange's friendly stance on Bitcoin and Ethereum exchange-traded notes (ETNs) and their upcoming launch on March 28 has translated into the recent rally. Other popular altcoins like Ethereum (ETH), Dogecoin (DOGE), Ripple (XRP), Solana (SOL), and Litecoin (LTC) also performed positively. With a jump of more than 19 percent in 24 hours, Memecoin Dogecoin (WIF) became the biggest gainer of the lot. KuCoin token (KCS) became the biggest loser with a decline of more than 13 percent in 24 hours.

The global crypto market cap stood at $2.66 trillion at the time of writing, registering a 24-hour decline of 0.07 percent.

Bitcoin (BTC) price today

According to CoinMarketCap, Bitcoin price recorded a 24-hour decline of 0.20 percent at $70,349.99. According to Indian exchange WazirX, the price of BTC was Rs 60.76 lakh.

Ethereum (ETH) price today

The price of ETH was $3,604.53 at the time of writing, showing a loss of 0.63 percent in 24 hours. According to WazirX, Ethereum price in India was Rs 3.10 lakh.

Dogecoin (DOGE) price today

According to CoinMarketCap data, DOGE recorded a 24-hour jump of 3.32 percent, currently priced at $0.1832. According to WazirX, the price of Dogecoin in India was Rs 15.76.

Litecoin (LTC) price today

Litecoin saw a gain of 6.80 percent in 24 hours. At the time of writing, it was trading at $96.80. LTC price in India was Rs 8,201.03.

Ripple (XRP) price today

The price of XRP stood at $0.6315, which saw a decline of 1.97 percent in 24 hours. According to WazirX, the price of Ripple was Rs 54.98.

Solana (SOL) price today

The price of Solana was $189.95, showing a decline of 0.87 percent in 24 hours. According to WazirX, SOL price in India was Rs 16,621.79.

Today's Top Crypto Gainers (March 27)

Here are the top five crypto gainers in the last 24 hours, according to CoinMarketCap data:

dogwifhat (WIF)

price: $3.25
24 Hour Profit: 19.92 percent

Sui (SUI)

price: $2.07
24 Hour Profit: 18.06 percent

Aptos (APT)

price: $18.55
24 Hour Profit: 8.41 percent

Mental (MNT)

price: $0.9478
24 Hour Profit: 8.07 percent

Shiba Inu (SHIB)

price: $0.00003114
24 Hour Profit: 7.66 percent

Top crypto losers today (March 27)

Here are the top five crypto losers in the last 24 hours, according to CoinMarketCap data:

KuCoin Token (KCS)

price: $12.45
24 hour loss: 13.19 percent

Bittensor (TAO)

price: $584.86
24 hour loss: 8.07 percent

Toncoin (TON)

price: $4.96
24 hour loss: 7.18 percent

Akash Network (AKT)

price: $5.41
24 hour loss: 6.91 percent

Kaspa (KAS)

price: $0.1376
24 hour loss: 6.22 percent

What are crypto exchanges saying about the current market scenario?

“Bitcoin experienced balanced buying and selling activity over the past day, resulting in price fluctuations but ultimately closing around $70,500,” Mudrex co-founder and CEO Edul Patel told ABP Live. The London Stock Exchange's announcement about launching Bitcoin and Ethereum exchange-traded notes (ETNs) starting March 28 contributed to positive market sentiment. The next resistance level for Bitcoin is $70,979, the next support level is $68,955. Ethereum also consolidated at around $3,600 over the last 24 hours. “The prevailing sentiment in the market is extreme greed.”

CoinSwitch Markets Desk notes, “Although BTC bulls have been able to manage BTC prices above $70k after holding $69k support, many analysts predict that a short squeeze could also be on the cards. However, Ethereum has been quite weak compared to BTC as the ETH/BTC chart has been unable to strongly bounce back from the 0.05 mark and the chances of ETF approval for Ethereum in May have also diminished. Yesterday, the biggest altcoin loser was Fantom's native token FTM, as after showing a 200% surge in two weeks, people are booking some profits on the token. However, with its Sonic upgrade set to be released in the next few weeks, it will be interesting to see if the Phantom will be able to live up to its hype.

Rajagopal Menon, Vice President of WazirX, said, “Bitcoin's upside continues after hitting the $70,000 milestone, with expectations of an imminent rally as the pre-halve retracement halts. Selling pressure on short sellers has increased amid rising prices, yet liquidity is expected to increase due to ETF inflows. The goal of $80,000 is achievable under current circumstances. Ethereum saw a peak of $3,680 before a minor correction, with bulls maintaining dominance at its moving averages amid upbeat market sentiment.

Satvik Vishwanath, CEO and co-founder of Unocoin, said, “There was a change in fortunes with net inflows of $15.7 million into spot Bitcoin ETFs, breaking a five-day losing streak, according to SOSO Value data. Fidelity's FBTC led with inflows of $261 million, while Grayscale's GBTC had outflows of $350 million. Despite assets under management recently stagnating at $30.62 billion, investor confidence is evident. The London Stock Exchange's plans to launch BTC and ETH ETNs in May helped push Bitcoin above $71,000. ETFs and ETNs are structurally different; However, both offer asset risk. QCP Capital sees increased demand for BTC allocations and structured products and expects Bitcoin's momentum to continue, potentially surpassing $100,000, which is attractive due to its independent returns amid market unpredictability.

“Over the past day, the crypto market experienced significant volatility, initially showing strength but turning bearish as the US markets opened,” the CoinDCX research team told ABP Live. Both BTC and ETH fell by about 2% during the US market session, but have since recovered. The fall in BTC led to the decline in altcoins. Overall, the trend remains bullish, with positive ETF inflows after a few days of outflows, indicating continued interest. Tomorrow's US final GDP (QoQ) announcement may bring further volatility in the market.

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Disclaimer: Crypto products and NFTs are unregulated and can be extremely risky. There may be no regulatory recourse for any losses arising from such transactions. Cryptocurrencies are not legal tender and are subject to market risks. Readers are advised to seek expert advice and carefully read the offer documents as well as relevant important literature on the subject before making any investment. cryptocurrency Market predictions are hypothetical and any investment made will be at the readers' sole cost and risk.

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