Bitcoin (BTC), the oldest and most valuable cryptocurrency in the world, has surpassed the $52,000 mark as the highly anticipated BTC Halving event draws near on April 18. Other top coins such as Ethereum (ETH), Dogecoin (DOGE), Solana (SOL), Ripple (XRP), and Litecoin (LTC) have also seen gains across the board. The Stack (STX) token saw the biggest increase, with a jump of over 28% in the past 24 hours. However, PYTH, which was the biggest gainer yesterday, experienced a dip of over 2%.
At the time of writing, the global crypto market cap is sitting at $1.96 trillion, with a 24-hour increase of 5.22%.
Bitcoin (BTC) Price Today:
According to CoinMarketCap, the current price of Bitcoin stands at $52,268.18, with a 24-hour gain of 5.43%. In India, on the WazirX exchange, BTC is priced at Rs 44.88 lakh.
Ethereum (ETH) Price Today:
ETH is currently priced at $2,796.20, marking a 24-hour gain of 6.02%. In India, on WazirX, the price of Ethereum is Rs 2.41 lakh.
Dogecoin (DOGE) Price Today:
DOGE has seen a 24-hour increase of 7.13%, with a current price of $0.08703. In India, DOGE is priced at Rs 7.32 on WazirX.
Litecoin (LTC) Price Today:
Litecoin has seen a 24-hour gain of 1.84%, with a current price of $70.40. In India, on WazirX, the price of LTC is Rs 6,055.02.
Ripple (XRP) Price Today:
XRP has seen a 24-hour increase of 5.53%, with a current price of $0.5543. In India, XRP is priced at Rs 47.11 on WazirX.
Solana (SOL) Price Today:
SOL has seen a 24-hour gain of 4.05%, with a current price of $116.63. In India, on WazirX, SOL is priced at Rs 9,700.59.
Top Crypto Gainers Today (February 15):
According to CoinMarketCap data, these are the top five crypto gainers in the past 24 hours:
– Stacks (STX)
Price: $2.75
24-hour gain: 28.57%
– Sei (SEI)
Price: $0.9155
24-hour gain: 22.78%
– Dymension (DYM)
Price: $8.13
24-hour gain: 14.57%
– Mantle (MNT)
Price: $0.7855
24-hour gain: 14.01%
– Bonk (BONK)
Price: $0.00001414
24-hour gain: 12.61%
Top Crypto Losers Today (February 15):
According to CoinMarketCap data, these are the top crypto losers in the past 24 hours:
– Pyth Network (PYTH)
Price: $0.6359
24-hour loss: 2.51%
– Monero (XMR)
Price: $126.77
24-hour loss: 1.96%
– Astar (ASTR)
Price: $0.1762
24-hour loss: 1.89%
What Crypto Exchanges Are Saying About Current Market Scenario:
According to Edul Patel, the co-founder and CEO of Mudrex, Bitcoin’s market value has exceeded $1 trillion for the first time since November 2021, and a firm close above $52,700 could open the door for a potential climb to $60,000 and beyond.
CoinSwitch Markets Desk noted that Bitcoin and Ethereum have reached their highest points of the year, with Blackrock alone holding over 100,000 BTC. They predict that a small retracement can be expected around the $53k mark, but an altcoin season might be on the horizon as we approach the Bitcoin halving in April.
Rajagopal Menon, Vice President of WazirX, said that despite a dip below $50,000 on U.S. inflation data, Bitcoin bounced back and its market value has now surpassed $1 trillion. He also mentioned that altcoins like Cardano (ADA) and Dogecoin (DOGE) have also seen gains.
Sathvik Vishwanath, CEO and co-founder of Unocoin, believes that the recent decline in Bitcoin’s price was a typical bull market correction and that the worst of Grayscale’s selloff may be behind us.
Shivam Thakral, CEO of BuyUcoin, noted that the Total Crypto Market has increased by 5% from the last day to $1.95 trillion and that we should pay attention to the recent Genesis court approval to redeem its Grayscale Bitcoin Trust holdings valued at $1.3 billion.
The CoinDCX Research Team also mentioned the positive sentiment about the upcoming halving event and the strong trading volumes for new ETFs, predicting that an altcoin season may be on the horizon.
Disclaimer:
Cryptocurrency and NFTs are unregulated and can be highly risky. It is advised to seek expert advice and carefully read offer documents before making any investments. Cryptocurrency is not a legal tender and is subject to market risks. Cryptocurrency predictions are speculative, and any investment made is at the sole risk of the reader.