Bitcoin (BTC), the world's oldest and most valuable cryptocurrency, managed to see a nearly 4 percent gain in 24 hours, holding steady within the $28,000 range early Wednesday morning. On top of the upbeat first-quarter earnings report from tech giants like Microsoft and Alphabet, popular altcoins like Ethereum (ETH), Dogecoin (DOGE), Ripple (XRP), Solana (SOL), and Litecoin (LTC) managed to land on the greens across the board. The Injective (INJ) token turned out to be the biggest gainer of the batch, gaining more than 15 percent in 24 hours.
The global crypto market capitalization stood at $1.18 trillion at the time of writing, posting a 24-hour gain of 2.43 percent.
Bitcoin (BTC) price today
The Bitcoin price stood at $28,321.92, recording a 24-hour jump of 3.57 percent, according to CoinMarketCap. According to the Indian exchange WazirX, the BTC price stood at Rs 25.01 lakh.
Ethereum (ETH) price today
ETH price sat at $1863.64, marking a 24-hour gain of 1.86 percent at the time of writing. According to WazirX, the Ethereum price in India stood at Rs 1.66 lakh.
Dogecoin (DOGE) price today
DOGE posted a 24-hour jump of 2.01 percent, according to data from CoinMarketCap, currently trading at $0.07993. According to WazirX, the Dogecoin price in India was Rs 7.20.
Litecoin (LTC) price today
Litecoin saw a 24-hour gain of 4.14 percent. At the time of this writing, she was trading at $91.04. The LTC price in India stood at Rs 8,047.20.
Ripple Price (XRP) Today
XRP price settled at $0.4675, with a 24-hour jump of 1.88 percent. According to WazirX, the Ripple price stood at Rs 41.08.
Solana (SOL) price today
Solana price settled at $21.81, marking a 24-hour gain of 4.49 percent. According to WazirX, the SOL price in India was Rs 1,947.80.
Top cryptocurrency gainers today (April 26)
Based on CoinMarketCap data, here are the top five cryptocurrency gainers in the last 24 hours:
Injective (INJ)
Price: $8.15
24 hour gain: 15.89 percent
Processing Token (RNDR)
Price: $2.04
24 hour gain: 15.51 percent
Conflux (CFX)
Price: $0.3153
24 hour gain: 7.95 percent
dYdX (DYDX)
Price: $2.56
24 hour gain: 5.10 percent
The graph (GRT)
Price: $0.1404
24 hour gain: 5.04 percent
Top Crypto Losers Today (April 26)
Based on CoinMarketCap data, here are the top five cryptocurrency losers in the last 24 hours:
Jealousy (ZIL)
Price: $0.02953
Loss of 24 hours: 6.84 percent
Pancake Exchange (CAKE)
Price: $2.70
Loss of 24 hours: 6.05 percent
Toncoin (TON)
Price: $2.27
Loss of 24 hours: 1.29 percent
XDC Network (XDC)
Price: $0.04133
Loss of 24 hours: 0.77 percent
Flare (FLR)
Price: $0.03202
Loss of 24 hours: 0.49 percent
What crypto exchanges are saying about the current market scenario
Mudrex co-founder and CEO Edul Patel told ABP Live: โBitcoin has breached the $28,000 level in the last 24 hours as investors responded favorably to the moderately upbeat first-quarter earnings report from Alphabet and Microsoft. . The rise in Bitcoin's value could also be related to concerns about banking stability, sparked by First Republic Bank's announcement of a $100 billion deposit loss during its first-quarter earnings presentation on Monday. Within this time frame, BTC has risen by more than 3 percent, while Ethereum has gained nearly 2 percent and is currently trading at the $1,860 mark."
WazirX Vice President Rajagopal Menon said: โAfter holding below the $28,000 mark for five days, Bitcoin surprised the market with a sudden bullish move, driving its value above $28,300, marking a gain. 3.7% in the last 24 hours. The exact reasons for this increase are uncertain. Meanwhile, Ether also saw positive momentum, with its value reaching around $1,870, showing an increase of 1.8 percent since Monday. On WazirX, Siacoin (SC) and Push Protocol (PUSH) have been the top gainers in the last 24 hours."
Sathvik Vishwanath, CEO and co-founder of Unocoin, said: โBitcoin price is currently trading around $28,300 and ETH at $1,860. Bitcoin's recent rally is driven by technical buying and a short-term buy signal, while macro event risk could weigh on sentiment. Long-term indicators suggest a new bull market."
Shivam Thakral, CEO of BuyUCoin, said: โBTC successfully broke the downtrend and witnessed a mini rally on Tuesday. BTC, in a surprise move, rose 3.82 percent and is trading at $28,438, the reason behind this surprise rally is not known, but may be due to continued support for decentralized finance after the recent banking crisis. BTC pulled the entire crypto market into the green zone with ETH and other digital assets following a similar upward trajectory."
Disclaimer: Crypto products and NFTs are unregulated and can be very risky. There may be no regulatory recourse for any loss from such transactions. Cryptocurrency is not legal tender and is subject to market risk. Readers are advised to seek expert advice and carefully read the offering documents along with relevant relevant literature before making any type of investment. cryptocurrency market predictions are speculative and any investment made will be at the sole risk and account of the readers.
