Cryptocurrency Market Update: Bitcoin Slips Below $30,000, Ethereum Reaches Shanghai Upgrade

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Cryptocurrency prices were mostly in the red Wednesday as Bitcoin (BTC) slid below the $30,000 mark and Ethereum (ETH) awaited the much-anticipated Shanghai Upgrade. Dogecoin (DOGE), Ripple (XRP), and Litecoin (LTC) were all affected by the bearish trading, though Solana (SOL) experienced a 24-hour jump of over 5 percent. Rocket Pool (RPL) was the biggest loser, with a 24-hour dip of over 11 percent.

The global crypto market capitalization stood at $1.22 trillion at the time of writing, with a 24-hour decrease of 1.48 percent.

Bitcoin (BTC) Current Price

At the moment, Bitcoin price was at $29,982.40 — a 0.30 percent dip in the last 24 hours. According to Indian exchange WazirX, BTC price was at Rs 25.92 lakh.

Ethereum (ETH) Current Price

ETH price stood at $1,867.37, with a 2.66 percent loss in the past 24 hours. As per WazirX, Ethereum price in India was Rs 1.65 lakh.

Dogecoin (DOGE) Current Price

DOGE was down 3.43 percent in the last 24 hours, trading at $0.08157. As per WazirX, Dogecoin price in India stood at Rs 7.23.

Litecoin (LTC) Current Price

Litecoin saw a 4.94 percent drop in the last 24 hours, with the price at $91.53. LTC price in India was Rs 7,920.01.

Ripple (XRP) Current Price

XRP price was at $0.5087, a 1.32 percent decrease in the past 24 hours. As per WazirX, Ripple price was Rs 44.40.

Solana (SOL) Current Price

Solana price stood at $22.61, a 4.66 percent rise in the last 24 hours. As per WazirX, SOL price in India was Rs 1,974.99.

Top Crypto Gainers Today (April 12)

As per CoinMarketCap, here are the top five crypto gainers over the past 24 hours:

Solana (SOL)

Price: $22.61
24-hour gain: 5.69 percent

Flare (FLR)

Price: $0.03632
24-hour gain: 4.32 percent

Injective (INJ)

Price: $6.42
24-hour gain: 1.94 percent

Render Token (RNDR)

Price: $1.56
24-hour gain: 1.87 percent

Fantom (FTM)

Price: $0.4828
24-hour gain: 1.75 percent

Top Crypto Losers Today (April 12)

As per CoinMarketCap, here are the top five crypto losers over the past 24 hours:

Rocket Pool (RPL)

Price: $42.22
24-hour loss: 11.09 percent

Conflux (CFX)

Price: $0.3879
24-hour loss: 10.49 percent

Lido DAO (LDO)

Price: $2.21
24-hour loss: 10.40 percent

SingularityNET (AGIX)

Price: $0.3847
24-hour loss: 6.39 percent

Optimism (OP)

Price: $2.20
24-hour loss: 6.18 percent

What Crypto Exchanges Are Saying About the Market

Mudrex co-founder and CEO Edul Patel told ABP Live, “Most cryptocurrencies faced a slight decline before the release of the US CPI data for March. Yesterday, Bitcoin surpassed its resistance level of $30,450 but has now stabilized at $29

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