Bitcoin (BTC) value remained beneath the $26,000 mark early Wednesday and most popular altcoins together with Ethereum (ETH), Dogecoin (DOGE), Ripple (XRP), Litecoin (LTC) and Solana (SOL) had been within the purple. The Astar (ASTR) token was the most important gainer with a 24-hour bounce of almost 7 %, whereas Toncoin (TON) was the most important loser, with a 24-hour dip of above 4 %. The international crypto market cap stood at $1.04 trillion on the time of writing, registering a 24-hour achieve of 1 %.
Bitcoin (BTC) Price
Bitcoin was buying and selling at $25,778.34, registering a 24-hour bounce of 0.52 %, as per CoinMarketCap. According to Indian trade WazirX, BTC was priced at Rs 22.51 lakh.
Ethereum (ETH) Price
ETH was buying and selling at $1,633.40, seeing a 24-hour achieve of 1.23 % on the time of writing. As per WazirX, Ethereum was priced at Rs 1.44 lakh.
Dogecoin (DOGE) Price
DOGE registered a 24-hour achieve of 1.66 %, as per CoinMarketCap information, presently priced at $0.06422. According to WazirX, Dogecoin was priced at Rs 5.54.
Litecoin (LTC) Price
Litecoin noticed a 24-hour dip of 0.10 %. At the time of writing, it was buying and selling at $63.26. LTC was priced at Rs 5,502.04.
Ripple (XRP) Price
XRP was buying and selling at $0.5043, seeing a 24-hour lack of 0.01 %. As per WazirX, Ripple was priced at Rs 44.44.
Solana (SOL) Price
Solana was buying and selling at $20.23, marking a 24-hour achieve of 4.97 %. According to WazirX, SOL was priced at Rs 1,791.98.
Top Crypto Gainers Today (September 6)
As per CoinMarketCap information, the highest 5 crypto gainers over the previous 24 hours had been Astar (ASTR), Solana (SOL), Chainlink (LINK), Synthetix (SNX) and Neo (NEO).
Top Crypto Losers Today (September 6)
As per CoinMarketCap information, the highest 5 crypto losers over the previous 24 hours had been Toncoin (TON), XDC Network (XDC), Mantle (MNT), Stellar (XLM) and APENFT (NFT).
What Crypto Exchanges Are Saying About Current Market Scenario
Mudrex co-founder and CEO Edul Patel mentioned that Bitcoin traded above the $25,800 threshold following Grayscale Investments’ communication to the US SEC, stating that there have been no valid grounds for rejecting its Bitcoin ETF conversion. Further, Coinbase unveiled a new cryptocurrency lending service designed for institutional buyers, sparking optimism amongst those concerned within the market.
Shubham Hudda, Senior Manager, CoinSwitch Markets Desk, defined that historically, September is the worst-performing month for BTC, which sees near -7 % of return on average during the month. He additionally highlighted the excessive volatility of some small and mid-cap cryptos.
WazirX Vice President Rajagopal Menon mentioned that Bitcoin faced resistance at $25,900 and found support at $25,700. He additionally highlighted the growing prominence of DeFi, boasting a total volume of $2.19 billion.
Sathvik Vishwanath, CEO and co-founder of Unocoin, said that Bitcoin is presently buying and selling beneath $26,000, with indicators pointing to potential bearish sentiment. He added that failure to interrupt above $26,000 may result in a decline towards $25,350 with critical support at $25,000.
Shivam Thakral, the CEO of BuyUCoin, mentioned that the crypto market has surged with a 2.38 % increase, reaching a total volume of $24.7 billion. He additional defined that Bitcoin is holding steady at $25,836.80.
It is suggested that buyers search skilled recommendation and browse supply doc(s) together with associated necessary literature on the topic rigorously earlier than making any type of funding in any way. Cryptocurrency market predictions are speculative and any funding made shall be on the sole price and danger of the readers.