Bitcoin held steady at $64,000, Toncoin becomes top coin

Bitcoin (BTC), the world's oldest and most valuable cryptocurrency, managed to hold steady at $64,000 early Friday. Other popular altcoins – including Ethereum (ETH), Dogecoin (DOGE), Ripple (XRP), Solana (SOL), and Litecoin (LTC) – turned in the green as the overall Market Fear and Greed Index stood at 59. According to CoinMarketCap data, Greed) out of 100. Toncoin (TON) The token emerged as the biggest gainer with a surge of over 18 percent in 24 hours. Maker (MKR) became the biggest loser with a decline of more than 4 percent in 24 hours.

The global crypto market cap stood at $2.32 trillion at the time of writing, registering a gain of 4.21 percent in 24 hours.

Bitcoin (BTC) price today

According to CoinMarketCap, Bitcoin price stood at $64,551.01, registering a gain of 5.60 percent in 24 hours. According to Indian exchange WazirX, the price of BTC was Rs 58.81 lakh.

Ethereum (ETH) price today

ETH was priced at $3,117.04 at the time of writing, representing a gain of 4.83 percent in 24 hours. According to WazirX, Ethereum price in India stood at Rs 2.82 lakh.

Dogecoin (DOGE) price today

According to CoinMarketCap data, DOGE is up 6.57 percent in 24 hours, currently priced at $0.1543. According to WazirX, Dogecoin price in India was Rs 14.10.

Litecoin (LTC) price today

Litecoin saw a gain of 2.71 percent in 24 hours. At the time of writing, it was trading at $81.52. LTC price in India was Rs 7,264.09.

Ripple (XRP) price today

The price of XRP stood at $0.50, up 2 percent in 24 hours. According to WazirX, the price of Ripple was Rs 46.19.

Solana (SOL) price today

The price of Solana stood at $144.03, which shows a gain of 10.28 percent in 24 hours. According to WazirX, the price of SOL in India was Rs 13,000.

Top Crypto Gainers Today (April 19)

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

Toncoin (TON)

price: $6.91
24 Hour Profit: 18.50 percent

NEO

price: $19.26
24 Hour Profit: 16.97 percent

dogwifhat (WIF)

price: $2.70
24 Hour Profit: 15.17 percent

Celestia (TIA)

price: $10.90
24 Hour Profit: 14.68 percent

Gala

price: $0.04573
24 Hour Profit: 14.32 percent

Top crypto losers today (April 19)

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

Manufacturer (MKR)

price: $2,942.28
24 Hour Profit: 7.77 percent

core (core)

price: $1.92
24 Hour Profit: 7.46 percent

Chili's (CHZ)

price: $0.105
24 Hour Profit: 6.79 percent

Nervous Network (CKB)

price: $0.01957
24 Hour Profit: 6.40 percent

Polygon (MATIC)

price: $0.6533
24 Hour Profit: 3.27 percent

What are crypto exchanges saying about the current market scenario?

“Bitcoin hits $60,000 amid Israeli-Iranian clashes, leading to risk-on gains,” Mudrex co-founder and CEO Edul Patel told ABP Live. As geopolitical concerns drive a flight to safety, cryptocurrencies and “Powell's hint of a delayed rate cut increases the market. Bitcoin is expected to hit the $58,300 resistance level. Meanwhile, Ethereum has slipped below $3,000.”

CoinSwitch Markets Desk notes, “With less than a day to go until the BTC halving, BTC is testing its support at $60k for the third time in a week, with market participants already anticipating a dump Which has historically been the case after most BTC halving events. While the overall crypto market cap is trading at a 2 percent discount from yesterday at $2.2 trillion, the $2 trillion market cap can be seen as the next psychological support level for the markets. Another crypto worth watching on halving day 4/20 could be DOGE, as April 20th is celebrated as Doge Day by many in the crypto sector. DOGE is trading down 5% from its previous day.”

Rajagopal Menon, Vice President of WazirX, said, “Bitcoin (BTC) is facing turmoil, falling below the $60,000 support amid Middle East tensions. It touched $59,698 and then touched $61,352, down 5.44% in two hours. A breach of $59,000 could trigger a long-term liquidation of $243 million. Geopolitical unrest, including explosions at Isfahan airport, adds to pressure. The impending halving event adds to the uncertainty. The Fear and Greed Index fell 13 points to 66.

Satvik Vishwanath, CEO and co-founder of Unocoin, said, “Bitcoin price fell 1.74% to $60,547 amid volatile market conditions, prompting traders and analysts to closely monitor the trends of Bitcoin price predictions Went. Despite the recession, Bitcoin has maintained its dominance with a trading volume of $40.55 billion and a market cap of $1.19 trillion. Technical analysis shows that Bitcoin is facing challenges, with a pivot point at $62,216 and resistance levels at $64,606, $67,695, and $70,959. Support levels are at $59,418, $56,271 and $53,182. The Relative Strength Index (RSI) at 40 indicates potential oversold, while the 50-day EMA at $65,415 acts as resistance. Bitcoin's outlook remains bearish below $62,216 with a change to bullish sentiment possible if this line is broken.

“The world’s largest cryptocurrency is trading around $62,000 which is acting as a temporary support,” said Shivam Thakral, CEO of BuyUcoin. Over the past few hours, $34.03 million of Bitcoin long positions have been liquidated. But the overall sentiment remains bullish as on-chain metrics show that more than $1.7 billion worth of BTC has been deposited by holders over the past few days.

The CoinDCX research team told ABP Live, “Over the past 24 hours, both BTC and ETH saw declines of more than 3%, while some altcoins experienced a modest correction, with most following BTC’s trajectory in decline. The reason behind this decline can be attributed to geopolitical tensions as well as the upcoming BTC halving, which is known to historically generate high volatility. Negative ETF data also contributed to market sentiment. From a technical perspective, there is still no clear signal of a bullish reversal. However, historical patterns show that prices rise in the weeks following a halving event. Therefore, looking at the broader timeframe, the market remains bullish.

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