Cryptocurrency Price Today: Bitcoin crosses $96,800 mark, majority of altcoins hold profits
Cryptocurrency price charts reflected more gains than losses for the third day in a row on Friday, January 3. Bitcoin witnessed a price increase of 1.82 percent on international stock exchanges during the past 24 hours. With this, the asset is currently trading at $96,863 (roughly Rs. 83.05 lakh) on global exchanges, CoinMarketCap data showed. Meanwhile, on Indian exchanges like BuyUCoin, Bitcoin is worth $97,042 (about Rs 83.2 lakh) reflecting a 2.28 percent gain over the past day.
“Bitcoin It continues to show its upward momentum. The Fear and Greed Index is on the rise, reflecting a positive shift in investor sentiment. Additionally, the total 24-hour trading volume rose by 57.3% to $131.74 billion (about Rs 11,29,372 crore) demonstrating increased participation from retail and institutional investors. Currently, BTC is facing immediate resistance at $98,400 (roughly Rs. 84.3 lakh) while support is at $95,000 (roughly Rs. 81.4 lakh),” said Idul Patel, CEO, Mudrex tild Gadgets 360.
ether It also manages to sustain gains on the price charts. On international exchanges, Ethereum recorded a price rise of 2.05 per cent, taking its price to $3,460 (about Rs 2.96 lakh), CoinMarketCap showed. On Indian exchanges like CoinSwitch and CoinDCX, the price of ETH is around $3,711 (about Rs 3.18 lakh).
“Ethereum is still below the crucial mark of $3,500 (about Rs 3 lakh). However, Ethereum saw record inflows from ETFs in December – closing at $2 billion (about Rs 17,145 crore) – which is twice what it was. It will be released in November,” CoinSwitch Markets Desk told Gadgets 360.
the Cryptocurrency price chart Gadgets 360 showed that most cryptocurrencies were trading with profits alongside Bitcoin and Ether on Friday.
These include ripple, pregnancy, Solana, Dogecoin, Cardano, You seeand Avalanche.
Chain link, excellent, Shiba Inu, Dotted, com.uniswapand Leo Profits are also recorded on the price charts.
The total market capitalization of cryptocurrencies increased by 2.03 percent in the past 24 hours. With this, the sector’s valuation rose to $3.41 trillion (about Rs 2,92,29,974 crore), according to the data. CoinMarketCap Show.
Meanwhile, cryptocurrencies are trading with losses on Friday Binance coin, Litecoin, Cronos, EOS coinand Zikash Friday.
“While regulatory pressures and market instability may create bearish sentiment and bearish price movements, bullish pattern formations such as the ascending triangle are fundamental technical and psychological moves for Ethereum. It is a recovery phase,” Avinash Shekhar, co-founder and CEO of Pi42, told Gadgets 360. Crucial to 2025 paves the way for increased adoption due to technological advances and renewed hope.”
Cryptocurrency is an unregulated digital currency, not legal tender and is subject to market risks. The information contained in the article is not intended to be and does not constitute financial advice, business advice or any other advice or recommendation of any kind given or endorsed by NDTV. NDTV will not be liable for any loss arising from any investment based on any recommendation, forecast or any other information contained in the article.
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