On Wednesday morning, top cryptocurrencies Bitcoin and Ethereum climbed back above $29,000 and $18,000 respectively. Other major altcoins like Litecoin and Dogecoin also traded higher as the overall crypto market saw minor gains.
Curve DAO Token emerged as the biggest gainer with a 24-hour jump of over 15.58 percent. Quant was the biggest loser in the same period.
Currently, the global crypto market cap stands at $1.19 trillion, recording a 24-hour increase of 2.03 percent.
Leading cryptocurrencies have rebounded slightly from recent lows but overall market sentiment remains cautious. Traders are monitoring the price action for signs of a broader recovery or further downside amid high volatility.
- Bitcoin price currently stands at $29,634.79, seeing a 24-hour gain of 2.73 percent. In India, BTC is trading at around Rs 25 lakhs on WazirX.
- Ethereum is priced at $1,863.12, marking a 24-hour increase of 2.17 percent. On WazirX in India, ETH is trading at approximately Rs 1.60 lakhs.
- Dogecoin has registered a 24-hour gain of 1.83 percent and is currently priced at $0.07747. DOGE can be purchased for Rs 6.6874 in India according to WazirX.
- Litecoin has seen a 24-hour spike of 2.98 percent. It is now trading at $92.53. LTC is available for Rs 8,100.45 on WazirX in India.
- Ripple’s XRP token is priced at $0.7008 after a 1.74 percent gain over 24 hours. On WazirX in India, XRP can be bought for Rs 59.7500.
- Solana is currently valued at $23.69, up 1.55 percent in the last 24 hours. In India, SOL is selling for Rs 2,040.00 on WazirX.
The major cryptocurrencies are trading mildly higher but remain under pressure in the current market environment. Their prices on Indian exchanges like WazirX align with global averages.
- Curve DAO Token (CRV) gained 15.58% to trade at $0.5878.
- Frax Share (FXS) is up 14.86% to $6.00.
- Bone ShibaSwap (BONE) has risen 11.42% to $1.70.
- Maker (MKR) has increased 10.78% to $1,334.33.
- XDC Network (XDC) is trading 6.83% higher at $0.06314.
These major tokens have seen the largest upside movements in the last day despite the overall cautious environment. Curve DAO Token, Frax Share, and Bone ShibaSwap posted double-digit gains indicating strong positive momentum. The rising prices reflect strengthened positioning among select cryptocurrencies.
- Quant (QNT) is down 0.91% to $106.72.
- Synthetix (SNX) has fallen 0.84% to $2.45.
- Casper (CSPR) is trading 0.62% lower at $0.039.
- PAX Gold (PAXG) has dropped 0.56% to $1,938.08.
- Tether Gold (XAUt) is down 0.53% to $1,947.92.
These major cryptocurrencies have seen the steepest losses in price over the last day. Quant tops the list with a 0.91% decline, followed by drops of over 0.5% for PAX Gold and Tether Gold. The falling prices indicate downward pressure on these tokens amid the cautious market environment.
