Price of Cryptocurrency Today: Bitcoin Increases $88,000
The world’s oldest and most valuable cryptocurrency, Bitcoin (BTC), surpassed $88,000 early on Tuesday. As the overall Market Fear & Greed Index was at 38 (Fear) out of 100, according to CoinMarketCap data, other well-known altcoins, including as Ethereum (ETH), Solana (SOL), Ripple (XRP), and Litecoin (LTC), mostly placed in the green. With a 24-hour increase of about 14 percent, the Kaspa (KAS) emerged as the leading gainer. With a 24-hour loss of more than 5%, Aptos (APT) was the largest loser for the fourth day in a row.
At the time of writing, the total value of the global cryptocurrency market was $2.75 trillion, representing a 0.14 percent 24-hour increase.
Price of Cryptocurrency today list
Bitcoin (BTC) Price Today
According to CoinMarketCap, the price of bitcoin was $88,098.21, representing a 0.81 percent 24-hour increase. Indian markets reported that the cost of bitcoin was Rs 73.34 lakh.
Ethereum (ETH) Price Today
At the time of writing, the price of ETH was $1,577.81, a 3.80% 24-hour decline. In India, the price of Ethereum was Rs 1.38 lakh.
Dogecoin (DOGE) Price Today
DOGE registered a 24-hour loss of 0.25 percent, as per CoinMarketCap data, currently priced at $0.1607. Dogecoin price in India stood at Rs 13.24.
Litecoin (LTC) Price Today
Litecoin saw a 0.17 percent 24-hour decline. It was trading at $78.66 at the time of writing. In India, the price of LTC was Rs 6,727.30.
Ripple (XRP) Price Today
At $2.08, the price of XRP has dropped 1.82 percent in a day. In India, the price of a ripple was Rs 179.83.
Solana (SOL) Price Today
The price of Solana dropped 1.43 percent in 24 hours to $138.92. In India, the cost of SOL was Rs 11,898.04.
Top Crypto Gainers Today (April 22)
As per CoinMarketCap data, here are the top five crypto gainers over the past 24 hours:
Kaspa (KAS)
Price: $0.08963
24-hour gain: 13.85 percent
Fartcoin (FARTCOIN)
Price: $1.00
24-hour gain: 11.35 percent
Kaia (KAIA)
Price: $0.1132
24-hour gain: 9.00 percent
Stacks (STX)
Price: $0.7524
24-hour gain: 8.02 percent
POL (POL)
Price: $0.2043
24-hour gain: 6.14 percent
Top Crypto Losers Today (April 22)
As per CoinMarketCap data, here are the top five crypto losers over the past 24 hours:
Aptos (APT)
Price: $4.85
24-hour loss: 5.25 percent
Theta Network (THETA)
Price: $0.6256
24-hour loss: 5.11 percent
DeXe (DEXE)
Price: $14.56
24-hour loss: 4.97 percent
JasmyCoin (JASMY)
Price: $0.01422
24-hour loss: 4.37 percent
Ethereum Classic (ETC)
Price: $15.48
24-hour loss: 4.34 percent
Crypto Exchanges’ Reactions to the Present Market Situation
“Bitcoin continues its upward trajectory, driven by rising global liquidity and an expanding M2 money supply,” Edul Patel, CEO and co-founder of Mudrex, told ABP Live. Rekindled institutional interest has also improved market sentiment, as evidenced by the over $300 million inflows into BTC spot ETFs and the addition of 6,556 BTC to Strategy’s holdings.
Bitcoin has broken out of its downward trend and is trading above $88,000, indicating a healthy reversal from the previous sell-off. Bulls may move toward the $93K resistance, with support at $85,000, if they can maintain these levels. On-chain activity, meanwhile, reveals an Ethereum whale accumulation of 3,844 ETH, suggesting that the present levels are beginning to decline.
According to CoinSwitch Markets Desk, “Bitcoin is currently trading above both its 20- and 50-day moving averages after crossing the $88,500 level. As the U.S. Dollar Index fell below 98, a three-year low, after President Donald Trump renewed his criticism of Federal Reserve Chair Jerome Powell, gold reached an all-time high of $3,450 in Asian markets, indicating a growing desire for safe-haven assets. The comments sparked questions about the independence of the central bank, which further eroded investor trust in the American economy and exacerbated already-existing trade tensions throughout the world, especially between the US and China.
“Bitcoin is approaching the $90K mark thanks to halving momentum, rising open interest, and positive trader sentiment,” stated Avinash Shekhar, co-founder and CEO of Pi42. As traders celebrate significant achievements and look forward to more profits, the market is brimming with optimism. With more than $1.1 billion in ETF withdrawals and Vitalik Buterin’s proposal to switch from the EVM to RISC-V, which has caused division in the community, Ethereum is having trouble. As investors react to shifting conditions and search for fresh opportunities, altcoins are also seeing a resurgence in popularity.
“Bitcoin (BTC) is showing renewed bullish momentum, currently trading around $88,000 after breaking out of a key consolidation zone,” stated Sathvik Vishwanath, CEO and co-founder of Unocoin. This breakthrough points to a possible ascent toward the resistance level between $90,000 and $92,000. ETF inflows and strengthening macroeconomic indications are driving the market’s growing optimism. But since volatility is still present, if Bitcoin is unable to stay above $87,000, a correction might be triggered. Although cautious optimism is always wise, momentum indications suggest that upward pressure will continue. Bitcoin might soon retest its all-time high if positive volume continues. All things considered, it looks like Bitcoin is starting a new accumulation phase with upside potential through Q2 2025.
“As we saw the American dollar weaken, Bitcoin’s price jumped over the $88,000 mark,” stated Shivam Thakral, CEO of BuyUcoin. Investors’ interest in Bitcoin as a hedge to safeguard their capital during these tumultuous times increased as the dollar declined. We can anticipate that Bitcoin will surpass the $90,000 mark if the present trend holds. It’s interesting to note that prominent author and financial expert Robert Kiyosaki has forecast that Bitcoin would reach the $200k level in 2025.
“Bitcoin’s bullish trend continues as the price rises above $88,000 and is heading strongly to surpass the crucial resistance at $88,500,” the CoinDCX Research Team observed. The start of a possible comeback is suggested by the tenchincals’ recent bullish shift. The other altcoins, such as Ethereum, XRP, Solana, Dogecoin, etc., are still grouped within a small range, which suggests that Bitcoin will soon take the lead. Stacks and Decentraland climb by 8% and 4%, respectively, while Fartcoin soars by over 10% and Kaspa follows suit. In addition, there is a price drain for Aptos, JasmyCoin, Onyxcoin, and Theta Network.
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