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Bitcoin Rises Above $69,000 For The First Time In 30 Days


Bitcoin (BTC), the world’s oldest and most valued cryptocurrency, rose above the $69,000 mark for the first time this month, resulting in record weekly inflows into spot ETFs, with $2 billion pouring in the past week. Other popular altcoins — including the likes of Ethereum (ETH), Dogecoin (DOGE), Solana (SOL), Ripple (XRP), and Litecoin (LTC) — landed in the greens across the board as the overall Market Fear & Greed Index stood at 63 (Greed) out of 100, as per CoinMarketCap data. The DYDX token became the biggest gainer with a 24-hour jump of over 27 percent. AERO became the top loser, with a 24-hour loss of over 2 percent. 

The global crypto market cap stood at $2.39 trillion at the time of writing, registering a 24-hour jump of 2.10 percent.

Bitcoin (BTC) Price Today

Bitcoin price stood at $69,046.29, registering a 24-hour jump of 1.46 percent, as per CoinMarketCap. According to Indian exchanges, BTC price stood at Rs 58.06 lakh.

Ethereum (ETH) Price Today

ETH price stood at $2,736.69, marking a 24-hour gain of 3.61 percent at the time of writing. Ethereum price in India stood at Rs 2.30 lakh.

Dogecoin (DOGE) Price Today

DOGE registered a 24-hour gain of 5.08 percent, as per CoinMarketCap data, currently priced at $0.1485. Dogecoin price in India stood at Rs 12.45.

Litecoin (LTC) Price Today

Litecoin saw a 24-hour loss of 0.89 percent. At the time of writing, it was trading at $74. LTC price in India stood at Rs 6,223.45.

Ripple (XRP) Price Today

XRP price stood at $0.5477, seeing a 24-hour gain of 1.09 percent. Ripple price in India stood at Rs 46.04.

Solana (SOL) Price Today

Solana price stood at $169.84, marking a 24-hour jump of 6.24 percent. SOL price in India stood at Rs 14,312.59. 

Top Crypto Gainers Today (October 21)

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

dYdX (Native) (DYDX)

Price: $1.26
24-hour gain: 27.09 percent

Apecoin (APE)

Price: $1.47
24-hour gain: 20.82 percent

Mina (MINA)

Price: $0.6592
24-hour gain: 14.22 percent

Popcat (SOL) (POPCAT)

Price: $1.40
24-hour gain: 11.77 percent

Mog Coin (MOG)

Price: $0.000002246
24-hour gain: 11.03 percent

Top Crypto Losers Today (October 21)

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

Aerodrome Finance (AERO)

Price: $1.28
24-hour loss: 2.03 percent

Mantra (OM)

Price: $1.48
24-hour loss: 1.47 percent

Litecoin (LTC)

Price: $74.08
24-hour loss: 0.72 percent

TRON (TRX)

Price: $0.1559
24-hour loss: 0.24 percent

UNUS SED LEO (LEO)

Price: $6.09
24-hour loss: 0.22 percent

What Crypto Exchanges Are Saying About Current Market Scenario

Mudrex co-founder and CEO Edul Patel told ABP Live, “Bitcoin is continuing its upward momentum, currently trading at $68,800. This surge has attracted record weekly inflows into spot ETFs, with $2 billion pouring in over the past seven days. The rally has also lifted other major cryptocurrencies like Ethereum, Dogecoin, and Solana, which have gained up to 6% in a single day. With the US presidential elections approaching soon, investors are optimistic about a more crypto-friendly environment, further driving market activity. Bitcoin now faces immediate resistance at $69,200, with key support at $67,300.”

CoinSwitch Markets Desk noted, “Bitcoin has surged past the $69,000 mark for the first time in three months, driven by October’s historically bullish trends. This movement suggests the potential for new all-time highs, as bullish sentiment continues to strengthen. We should note here that OND quarter (October-November-December) historically has always been bullish, specially if it is a BTC halving year.”

Avinash Shekhar, Co-founder & CEO, Pi42, said, “Bitcoin (BTC) rose around 9% within the week while approaching to the important level of $70,000. Bitcoin is currently trading at $68,700, fueled by Kamala Harris’s support for crypto, Trump’s 60% odds of reelection, low interest rates, and diminished fears of World War III. Bulls are positive and can see the price at around $72,000 as a near-term goal, while bears will defend against a drop below $66,500. Meanwhile, Ethereum (ETH) broke out of a symmetrical triangle and showing strong bullish momentum. It can continue going to $2,850, where selling pressure might emerge. The structure of a retest here would indicate buying on dips, whereas a drop below the 20-day EMA would indicate bearish sentiment. Solana (SOL) is approaching a critical resistance at $169. A close above completes a bullish ascending triangle, targeting $189. Today on Monday, the total global market capitalization hit $2.38 trillion, marking a 1.69% boost over the last day.” 

Sathvik Vishwanath, CEO and co-founder of Unocoin, said, “Bitcoin has a strong uptrend in the short,…



Read More: Bitcoin Rises Above $69,000 For The First Time In 30 Days

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