Cryptocurrency price today: Bitcoin climbs above $19,000, Ethereum shows signs of recovery

Bitcoin (BTC), the world’s oldest and most valuable cryptocurrency, managed to break through $19,000 on September 29th. Ethereum (ETH) is also showing signs of recovery, seeing an almost 5 percent gain over the past 24 hours. Other popular altcoins — including the likes of Dogecoin (DOGE), Solana (SOL), Ripple (XRP), and Litecoin (LTC) — managed to land in the green across the board. Among the lesser-known altcoins, the token Helium (HNT) proved to be the biggest gainer with a 24-hour jump of almost 12 percent.

At the time of writing, the global crypto market cap is $943.80 billion, up 3.12 percent over the past 24 hours, according to CoinMarketCap data.

Bitcoin (BTC) price today

Bitcoin price stood at $19,519.37 and posted a 4.22 percent 24-hour gain, according to CoinMarketCap. According to Indian exchange WazirX, the BTC price was at 16.40 rupees.

Ethereum (ETH) price today

ETH price was at $1,341.62, a 24-hour gain of 4.55 percent at the time of writing. According to WazirX, Ethereum price in India was Rs 1.14 lakhs.

Dogecoin (DOGE) price today

DOGE posted a 2.33 percent 24-hour gain, currently at $0.06081, according to CoinMarketCap data. According to WazirX, Dogecoin price in India was 5.06 rupees.

Litecoin (LTC) price today

Litecoin posted a 24-hour gain of 3.18 percent. At the time of writing, the price was $53.47. The LTC price in India stood at Rs 4,415.47.

Ripple (XRP) price today

XRP price was at $0.4435, a 24-hour jump of 4.53 percent. According to WazirX, Ripple price was 37.83 rupees.

Solana (SOL) rate today

Solana price was at $33.82 for a 24-hour gain of 4.82 percent. According to WazirX, the SOL price in India was 2,876 rupees.

Top Crypto Winners Today (September 29)

According to CoinMarketCap data, here are the top five crypto gainers over the past 24 hours:

Helium (HNT)

Price: $5.18
24-hour gain: 11.56 percent

Synthesis (SNX)

Price: $2.43
24-hour gain: 10.33 percent

Kusama (KSM)

Price: $43.89
24-hour gain: 7.08 percent

loop ring (LRC)

Price: $0.3078
24-hour gain: 6.86 percent

PancakeSwap (cake)

Price: $4.98
24-hour gain: 6.79 percent

Top Crypto Losers Today (September 29)

According to CoinMarketCap data, here are the top five crypto losers over the past 24 hours:

Quantity (QNT)

Price: $132.55
24-hour loss: 4.65 percent

chain link (LINK)

Price: $7.76
24-hour loss: 3.79 percent

centigrade

Price: $1.47
24-hour loss: 2.64 percent

STEP (GMT)

Price: $0.6545
24-hour loss: 2.17 percent

ONE BUT LEO (LEO)

Price: $4.11
24-hour loss: 1.55 percent

What crypto exchanges are saying about the current market scenario

Edul Patel, co-founder and CEO of Mudrex, told ABP Live, “After falling to the bottom of a strong trendline on Tuesday, bitcoin regained its bottom at $19,000 on Wednesday as traditional US markets opened. BTC has been trading in a tight range between $18,600 and $19,500 this month. If BTC closes above $19,500, we could see further growth in the coming weeks of a new month. On the upside, Ethereum rallied off the $1,262 support, showing that the bears are selling while the bulls are buying the dips. If the bulls can push the price above the $1,410 resistance level, we might see a positive trend.”

Sathvik Vishwanath, CEO and co-founder of Unocoin said: “Bitcoin price attempted a strong rally above the $20K resistance zone but failed and fell well below $19K. It is currently showing bearish signs but is testing the major support at $18,500. Similarly, most major altcoins have started a sustained decline. ETH broke the $1,300 support and fell to $1,265. XRP is down more than 10 percent and it is trading near the $0.42 support. ADA could also move towards the $0.42 support zone. The category that has been in the green all day and ended up positive 2-6 percent are the tokens belonging to decentralized exchanges. Lack of depth in exchanges for major cryptos suggests the next few days would be a dull market.”

WeTrade founder Prashant Kumar also commented on the market scenario: “Crypto market cap saw minor corrections during Asian trading hours on Thursday morning as major cryptocurrencies including Bitcoin and Ethereum regained some of their lost ground. The stronger US dollar raised the rate Rate hikes and calls for broader regulations for stablecoins by the Federal Reserve Chair are impacting the market. With spot volumes up, Bitcoin is up 4.5 percent over the past 24 hours and is sitting on the way back to normality at $20,000 Ethereum and other top cryptocurrencies are also making similar gains.”

Disclaimer: Crypto products and NFTs are unregulated and can be very risky. There may be no regulatory recourse for losses on such transactions. Cryptocurrency is not legal tender and is subject to market risks. Readers are advised to seek professional advice and carefully read the offering document(s) and relevant key literature on the subject before making any type of investment. Cryptocurrency market predictions are speculative and any investment made is at the sole expense and risk of the readers.

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