Today, the price of cryptocurrencies drops below $110,000, with OKB emerging as the top gainer.

The oldest and most valuable cryptocurrency in the world, Bitcoin (BTC), continued to decline and fell below $110,000 early on Friday. According to CoinMarketCap statistics, the overall Market Fear & Greed Index was 32 (Fear) out of 100, meaning that other well-known altcoins, such as Ethereum (ETH), Solana (SOL), Ripple (XRP), and Litecoin (LTC), had mostly moderate losses. OKB saw a 24-hour surge of almost 7 percent, making it the lot’s largest gainer. Story (IP) experienced a 24-hour decline of about 29 percent, making it the largest loser.

At the time of writing, the total value of the global cryptocurrency market was $3.75 trillion, representing a 1.94 percent 24-hour loss.

Bitcoin (BTC) Price Today

According to CoinMarketCap, the price of bitcoin was $109,502.31, representing a 1.95 percent 24-hour decline. The price of bitcoin was Rs 1.01 crore, according to Indian markets.

Ethereum (ETH) Price Today

ETH price stood at $3,957.66, marking a 24-hour loss of 1.12 percent at the time of writing. Ethereum price in India stood at Rs 3.77 lakh.

Dogecoin (DOGE) Price Today

According to CoinMarketCap data, DOGE saw a 2.73 percent 24-hour decline and is presently trading at $0.2267. In India, the price of Dogecoin was Rs 21.81.

Litecoin (LTC) Price Today

The 24-hour loss for Litecoin was 0.34 percent. It was trading at $103.32 at the time of publication. In India, the price of LTC was Rs 9,741.10.

Ripple (XRP) Price Today

The price of XRP was $2.76 after a 2.57 percent 24-hour decline. In India, the price of ripple was Rs 249.94.

Solana (SOL) Price Today

The price of Solana was $196.65, a 3.77 percent decline over the course of 24 hours. SOL price in India stood at Rs 20,319.09.

Top Crypto Gainers Today (September 26)

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

OKB (OKB)

Price: $190.37
24-hour gain: 6.59 percent

Mantle (MNT)

Price: $1.68
24-hour gain: 3.18 percent

Kaspa (KAS)

Price: $0.07843
24-hour gain: 3.13 percent

Cronos (CRO)

Price: $0.1953
24-hour gain: 2.19 percent

Bittensor (TAO)

Price: $304.17
24-hour gain: 1.28 percent

Top Crypto Losers Today (September 26)

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

Story (IP)

Price: $7.83
24-hour loss: 28.98 percent

Aster (ASTER)

Price: $1.80
24-hour loss: 12.64 percent

0G (0G)

Price: $3.80
24-hour loss: 10.27 percent

Flare (FLR)

Price: $0.02386
24-hour loss: 9.90 percent

Avalanche (AVAX)

Price: $28.22
24-hour loss: 9.20 percent

What Crypto Exchanges Are Saying About Current Market Scenario

The broader cryptocurrency market consolidated the red yesterday as expectations of short-term Fed rate reduction were dampened by lower-than-expected U.S. jobless claims, according to CoinSwitch Markets Desk. A significant countertrend is building as spot buyers are jumping in with higher allocation amounts, even though risk-off sentiment has fueled a wave of liquidations. This discrepancy implies that long-term participants’ convictions hold firm despite transient fluctuation. Such corrections are common when expectations are upset by macro unexpectedness. For other clues, market players should keep an eye on forthcoming macro releases, such as today’s PCE inflation data.

As traders reevaluate risk and hot economic data dashes hopes for a rate decrease, the cryptocurrency market is under tremendous pressure, according to Avinash Shekhar, co-founder and CEO of Pi42. Ahead of a $22 billion monthly options expiry, Bitcoin has dropped below $110,000, causing volatility to spike and necessitating about $1 billion in long liquidations. With more than $36 million liquidated, Ethereum has fallen below $4,000, intensifying the downward trend. As ETF speculation slows and XRP plummets, Solana has dropped below $200, pulling down stocks associated with cryptocurrencies. These actions show concentrated selling across sectors and quick unwinding. Traders are currently keeping an eye on whether important supports will hold till the options expire.

“Bitcoin is currently consolidating around $110,000 after a recent dip, reflecting short-term caution in the market,” stated Sathvik Vishwanath, CEO and co-founder of Unocoin. Strong institutional interest and the reduced supply from the 2024 halving underpin its bullish long-term outlook notwithstanding volatility. Support is located around $108,000, while key resistance is close to $120,000. The next big step may be driven by macroeconomic changes and regulatory clarity. Whales are holding solid, according to on-chain statistics, which reduces sell pressure. The general trend supports steady expansion, notwithstanding the conflicting feeling in the short term. By the end of the year, Bitcoin might retest all-time highs if momentum continues. As major triggers in this cycle, traders keep an eye on geopolitical threats, rate reductions, and ETF flows.

According to the CoinDCX Research Team, “Bitcoin falls below $110,000, sending a bearish wave through the markets.” Additionally, Solana falls below $200, Cardano falls below $0.8, and Dogecoin hovers above $0.22. Meanwhile, the price of BinaceCoin is below $1000 and Ethereum is showing strength by trading slightly around $4000. It is anticipated that these tokens will flourish once the current feelings, which are essentially fear, shift. The biggest winners are OKB, which has increased by more than 5.17%, and Mantle, which has increased by more than 1.16%. Story, on the other hand, has dropped more than 28%, followed by Aster and Flare by almost 14% each, and Avalanche and ether.fi by more than 11% apiece.

 

 

 

 

 

 

 

 

 

 

 

 

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