Bitcoin (BTC), the world’s oldest and most valued cryptocurrency, managed to rise above the $65,000 mark early Tuesday, staying on its growth curve for the 2nd consecutive day this week. Other popular altcoins — including the likes of Ethereum (ETH), Dogecoin (DOGE), Solana (SOL), Ripple (XRP), and Litecoin (LTC) — landed in the greens across the board as the overall Market Fear & Greed Index stood at 56 (Neutral) out of 100, as per CoinMarketCap data. The Book Of Meme (BOME) token became the biggest gainer with a 24-hour jump of over 21 percent. Bittensor (TAO) became the top loser, with a 24-hour loss of over 6 percent.
The global crypto market cap stood at $2.28 trillion at the time of writing, registering a 24-hour jump of 2.20 percent.
Bitcoin (BTC) Price Today
Bitcoin price stood at $65,315.93, registering a 24-hour jump of 1.52 percent, as per CoinMarketCap. According to Indian exchanges, BTC price stood at Rs 53.02 lakh.
Ethereum (ETH) Price Today
ETH price stood at $2,605.74, marking a 24-hour gain of 2.86 percent at the time of writing. Ethereum price in India stood at Rs 2.06 lakh.
Dogecoin (DOGE) Price Today
DOGE registered a 24-hour jump of 2.46 percent, as per CoinMarketCap data, currently priced at $0.1165. Dogecoin price in India stood at Rs 9.48.
Litecoin (LTC) Price Today
Litecoin saw a 24-hour gain of 1.76 percent. At the time of writing, it was trading at $66.75. LTC price in India stood at Rs 5,714.78.
Ripple (XRP) Price Today
XRP price stood at $0.5467, seeing a 24-hour jump of 1.47 percent. Ripple price in India stood at Rs 45.29.
Solana (SOL) Price Today
Solana price stood at $155.12, marking a 24-hour gain of 1.60 percent. SOL price in India stood at Rs 12,233.13.
Top Crypto Gainers Today (October 15)
As per CoinMarketCap data, here are the top five crypto gainers over the past 24 hours:
Book Of Meme (BOME)
Price: $0.0107524-hour gain: 21.97 percent
Cat In A Dogs World (MEW)
Price: $0.0087624-hour gain: 17.55 percent
Bitcoin Cash (BCH)
Price: $369.7324-hour gain: 12.75 percent
eCash (XEC)
Price: $0.0000375424-hour gain: 8.70 percent
Ethena (ENA)
Price: $0.406724-hour gain: 8.56 percent
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Top Crypto Losers Today (October 15)
As per CoinMarketCap data, here are the top five crypto losers over the past 24 hours:
Bittensor (TAO)
Price: $632.6524-hour loss: 6.02 percent
Sei (SEI)
Price: $0.479924-hour loss: 5.57 percent
Avalanche (AVAX)
Price: $28.7324-hour loss: 3.37 percent
Brett (Based) (BRETT)
Price: $0.113324-hour loss: 2.90 percent
Popcat (SOL) (POPCAT)
Price: $1.3724-hour loss: 2.57 percent
What Crypto Exchanges Are Saying About Current Market Scenario
Mudrex co-founder and CEO Edul Patel told ABP Live, “Bitcoin and other major cryptocurrencies have surged by as much as 7% in a day, fueled by a series of crypto-friendly developments worldwide. A major boost came from the U.S., where the Trump-backed DeFi project reported 100,000 sign-ups, sparking excitement in the market. Additionally, Vice President Harris’ commitment to supporting a crypto legal framework specifically aimed at empowering Black men has further uplifted investor sentiment. Meanwhile, in the UAE, the in-principle approval of the AED Stablecoin under the Payment Token Service Regulation framework also added to the run-up. Currently trading at $65,700, BTC could break the $67,300 resistance level if the upward momentum continues. Support has shifted higher to $63,200.”
CoinSwitch Markets Desk noted, “Bitcoin started the week on a strong note, reaching as high as $66,500. The big question now is whether this momentum will hold or fade. Over the past seven months, most of Bitcoin’s upward moves have been stopped short at key resistance levels. Most recently, the $65,000 to $66,000 range has posed a significant challenge, with Bitcoin struggling to close above it daily.”
Avinash Shekhar, Co-founder & CEO, Pi42, said, “Uptober finally begins, with Bitcoin showing bullish momentum and currently trading at $65,668. US spot BTC ETFs log a net cash inflow of more than $500 million. BTC needs to get above the $68,224 line to confirm a bullish breakout toward a new all-time high. A retrace below $63,000 might show bearish sentiment. Bitcoin has surged above $66,000 on Monday since 27th Sep 2024. Meanwhile, Ethereum rose to $2,623. Today on Tuesday, the total global market capitalization hit $2.29 trillion, marking a 4.87% boost over the last day. As shown by the recent trends in the crypto market, optimism seems to be renewed, because top assets have experienced significant gains. Given that the market did experience a recovery, it has been evident that investors had regained their confidence in the market. Thus, this momentum will pave the road to further growth in the market.”
Shivam Thakral, CEO of BuyUcoin, said, “In the last 24 hours, the crypto market has seen a remarkable upswing, with Bitcoin climbing 2.19% to hit $65,560, its highest since July 30. Despite the Chinese government’s stimulus announcements falling short of expectations, the Shanghai Composite Index rose over 2%. Memecoins have also become very popular; recently, some have increased by over 100%. A strong fourth quarter is anticipated, as the upcoming U.S. election is predicted to increase optimistic sentiment in the cryptocurrency community even more. It is hoped that institutional interest will keep increasing, which could result in more transparent regulations and widespread usage of cryptocurrencies.”
Disclaimer: Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Cryptocurrency is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Cryptocurrency market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.
