COINDCX RESEARCH TEAM
Best Crypto Exchanges & Apps in India for 2024
Cryptocurrency market in India flourishes with platforms like Mudrex leading the way. Investors benefit from diverse tokens, top-tier security, and simplified trading experiences offered by these platforms.
Crypto Price Today: Bitcoin, Ethereum fall up to 3% on Fed’s hawkish tone; Solana, Cardano defy trends with 2% gain
While Bitcoin’s (BTC) resilience over the last one hour was palpable, this crypto asset is still trading down nearly 3% from the previous session. Around 12 pm today, it was trading at $61,035.66. The slide in BTC had an impact on other altcoins including Ethereum (ETH), Tether, Dogecoin, Avalanche, and Shiba Inu which were down by up to 2.5%.
Crypto Price Today: Bitcoin gains over 4%, Altcoins Solana, Dogecoin, Cardano jump up to 7%
Bitcoin's bullish trend relies on breaking resistance at $61,500 amid key U.S. macro events like job openings. Market stability is crucial for sustained growth.
Crypto Price Today: Bitcoin, Solana, Cardano, others fall up to 7%. Here's why
Major crypto tokens like Bitcoin traded lower due to negative ETF flows. Bitcoin fell by 3% to $62,322.09. Other cryptos like Ethereum (4.04%), XRP (2.97%), and Dogecoin were also affected.
Bitcoin slips below $65,000 amid stronger US Dollar; BNB, Shiba Inu drop over 3%
On Friday, major cryptocurrency tokens experienced declines amidst a strengthening U.S. dollar, which reached an eight-week high. The Federal Reserve's cautious stance on interest rate cuts diverged from more accommodative approaches taken by other central banks.
Cryptocurrency prices on June 13: Bitcoin trades flat after hitting $70K mark post Fed outcome
Bitcoin reached $70,000 but later dipped to $67,600 after Federal Reserve's hawkish stance post FOMC announcement and lower-than-expected CPI data release.
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Cryptocurrency prices on June 11: Bitcoin falls below $68K ahead of US CPI data
Cryptocurrencies declined on Tuesday ahead of the Fed's policy decision and upcoming consumer price inflation data. Bitcoin and Ethereum dropped, with the global market cap decreasing.
Cryptocurrency prices on June 5: Bitcoin rises 3% to above $71,000 on Fed rate cut expectation
Bitcoin price surged by 3% to $71,000 in the last 24 hours, driven by expectations of a Federal Reserve rate cut in September following soft U.S. job openings data. Ethereum reached $3,807 and altcoins like BNB and Solana also saw significant increases.
Cryptocurrency price on June 3: Bitcoin approaches $69k on renewed US rate cut hopes
Cryptocurrencies surge as U.S. inflation stabilizes, hinting at Fed rate cuts. BTC and ETH prices rise with a market cap at $2.56 trillion. CEOs anticipate positive momentum amid moderate growth and weak consumer spending.
Cryptocurrency Price on May 31: Bitcoin holds above $68.3K ahead of key inflation data
Popular crypto tokens such as BNB, Solana, Dogecoin, Shiba Inu, Chainlink, and Polkadot declined up to 3%, while Cardano, Tron, Uniswap, and Litecoin surged up to 1%.
Bitcoin slips below $67.2k; Ethereum falls over 4% despite approval of spot Ether ETFs in US
Cryptocurrency markets, including Bitcoin and Ethereum, were trading lower on Friday due to profit-taking. BTC fell to $67,143, while Ethereum declined to $3,655. Edul Patel from Mudrex commented on the market movements.
Cryptocurrency Price on May 22: Bitcoin falls below $70k level; Ethereum, Uniswap surge up to 4%
Bitcoin and Ethereum prices fluctuate with a market cap of $2.6 trillion. Various factors including specific price levels, stablecoin volume, and Bitcoin dominance influenced market sentiment.
Cryptocurrency Price on May 21: Bitcoin jumps above $71k amid inflows in spot BTC ETFs; Ethereum, Avalanche rally up to 19%
During Tuesday's trading session, Bitcoin saw a significant surge of over 6%, reaching $71,178. This surge was driven by increased buying activity and renewed capital inflows into spot BTC ETFs.
Cryptocurrency Price on May 15: Bitcoin dips below $62k ahead of US inflation report today
Overnight data showed U.S. producer prices increased more than expected in April, indicating that inflation remained stubbornly high early in the second quarter.
Cryptocurrency Price on May 10: Bitcoin rises over 2% to $62.9k on renewed global rate cut optimism
Other major crypto tokens such as Solana (7%), Toncoin (12.1%), Dogecoin (3.4%), Shiba Inu (2.6%), Avalanche (3.7%), Chainlink (2%), and NEAR Protocol (4.4%) also surged. The volume of all stablecoins is now $58.67 billion, which is 92.17% of the total crypto market 24-hour volume, as per data available on CoinMarketCap.
Cryptocurrency Price on May 9: Bitcoin below $61.8K; Cardano, Toncoin surge up to 4%
In the last 24 hours, the m-cap of Bitcoin, the world's largest cryptocurrency, fell to $1.214 trillion. Bitcoin's dominance is currently 53.13%, according to CoinMarketCap.
Cryptocurrency Price on May 7: Bitcoin falls below $63,700; Shiba Inu, Dogecoin tank 5%
As of 12:14 p.m., Bitcoin was trading 1% lower at $63,649, while Ethereum experienced a 3.5% drop to $3,068. Additionally, altcoins like BNB (-1.1%), Dogecoin (-4.9%), Toncoin (2.6%), Cardano (3.3%), Avalanche (-3.1%), and Shiba Inu (-5.2%) followed suit in the downward trend.
Cryptocurrency Price on May 3: Bitcoin rebounds above $59,000 ahead of U.S. jobs data; Solana, Toncoin jump up to 11%
Ahead of the U.S. nonfarm payrolls data later in the day, major cryptocurrencies rallied on Friday, recovering from recent declines. Concurrently, the global cryptocurrency market cap surged 3.1% to approximately $2.22 trillion over the last 24 hours.
Cryptocurrency Price on May 2: Bitcoin slides below $58,000 after Fed decides to keep rates steady
Bitcoin declined on Thursday after the US Federal Reserve decided to maintain interest rates unchanged and its indication that rate cuts might be delayed.
Cryptocurrency market sees decline as Bitcoin and Ethereum slip
The global cryptocurrency market cap decreased by 2.94% to approximately $2.31 trillion over the last 24 hours.
Cryptocurrency Price on April 26: Bitcoin rises marginally above $64.3K; Solana, Toncoin shed over 2%
The global cryptocurrency m-cap rose marginally by 0.08% to around $2.37 trillion in the last 24 hours. Bitcoin was up 0.2% at $64,331 as of noon, while Ethereum was below the $3,150 level.
Cryptocurrency Price on April 25: Bitcoin drops below $65.3K; Solana, Avalanche tumble up to 9%
CoinDCX Research Team said, "The crypto market faced a downturn due to renewed conflict in the Middle East and worries about China's economic health, affecting investor confidence. Additionally, slowed ETF inflows contributed to the negative sentiment."
Cryptocurrency Price on April 24: Bitcoin holds above $66.5k; Solana, Toncoin surge up to 4%
In the last 24 hours, the m-cap of Bitcoin rose to $1.311 trillion. Bitcoin's dominance is currently 53.27%, according to CoinMarketCap. BTC volume in the last 24 hours fell 3.2% to $24.26 billion.
Bitcoin surges amid rising geopolitical concerns; Ethereum and Altcoins experience mixed performance
As of 10:36 am IST, Bitcoin was trading 0.9% higher at $62,200. Meanwhile, Solana (3.8%), Toncoin (13%), Chainlink (1%), and Internet Computer (4.3%) were also trading higher.
Cryptocurrency Price on April 10: Bitcoin falls below $69,400 ahead of US inflation data
The global cryptocurrency market cap slipped 3.2% to around $2.59 trillion in the last 24 hours.
Crypto Price Today: Bitcoin falls below $41,000 ahead of Fed policy decision; Avalanche declines over 14%
The cryptocurrency markets were trading lower on Wednesday after US data reignited inflation concerns and elevated bets of a delay in rate cuts, ahead of the Federal Reserve's policy decision.
Major Indian crypto platforms delist stable coin TerraUST, Luna after collapse of Terra Network
On May 6, the token had been trading at $80 before the slide started. Alt coin Luna was popular with Indian crypto investors after rising from $1 to touch $119.18 in a matter of 12 months.
ETtech Deals Digest: CoinDCX, Rario, VideoVerse raise funds this week
Cricket non-fungible tokens (NFTs) platform Rario has raised $120 million, led by Dream Capital, the corporate venture capital and M&A arm of Dream Sports.
As crypto booms, exchanges need a variety of engineers
Market research firms have put Indians among the biggest users and holders of cryptocurrency. Several cryptocurrency exchanges – which allow you to trade in cryptocurrency, and even use them to purchase goods & services – have emerged in India, and most are doing phenomenal business.
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