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Economic Times
04-06-2025
- Business
- Economic Times
Crypto Prices Today: Bitcoin holds steady above $105k; altcoins trade mixed
Bitcoin remained largely flat on Tuesday, trading at $105,378 as of 1:11 PM IST, up just 0.1% over the past 24 hours. The world's largest cryptocurrency has now held above the $100,000 mark for more than 25 consecutive days, suggesting a possible bullish revival. ADVERTISEMENT Ethereum rose 0.5% to $2,627, continuing its recent outperformance, while the global cryptocurrency market cap edged up 0.12% to $3.32 trillion, according to CoinMarketCap. Among key altcoins, XRP gained 1.7%, BNB and Chainlink rose 0.6% each, and Litecoin advanced 0.75%. On the other hand, Solana fell 2.3%, Dogecoin slipped 0.3%, and Cardano declined 0.2%. Bitcoin's market dominance held steady at 63.7%. 'The market shows some stagnation, with major tokens like Bitcoin, Ethereum, and XRP trading within a range-bound consolidation,' said the CoinDCX Research Team. 'However, Bitcoin holding above $100K for over 25 days indicates a revival in bullish trend, even as investor sentiment remains neutral.''Bitcoin is holding steady near $105,500 after facing resistance at $106,800,' said Alankar Saxena, Co-founder and CTO at Mudrex. 'A break above $110,000 could trigger short liquidations and push BTC to fresh all-time highs.'Saxena added that Ethereum is also showing strength above $2,600, buoyed by sustained ETF inflows and improving sentiment. 'Support for BTC is now seen at $104,700, with resistance at $106,800.' ADVERTISEMENT Vikram Subburaj, CEO of Giottus, said Bitcoin remains in a clear accumulation phase between $105,000 and $106,500. 'Spot ETF flows have rebounded after three days of outflows, likely aiding price stability,' he Sehgal, Research Analyst at Delta Exchange, said BTC is consolidating in a rising 4-hour channel. 'A break above $108K–$109K could resume the uptrend, while a fall below $105K may test support at $100K–$102K,' she said. ADVERTISEMENT She also noted strong institutional accumulation: 'Mid-to-large wallets added over 79,000 BTC this week, and BlackRock's ETH holdings crossed $4 billion after adding 29,580 ETH worth $77 million.'Bitcoin's market cap rose to $2.094 trillion, but daily trading volume dipped 6% to $44.87 billion, suggesting reduced activity as the market waits for a decisive move. ADVERTISEMENT (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times) (You can now subscribe to our ETMarkets WhatsApp channel)
Time of India
04-06-2025
- Business
- Time of India
Crypto Prices Today: Bitcoin holds steady above $105k; altcoins trade mixed
Bitcoin remained largely flat on Tuesday, trading at $105,378 as of 1:11 PM IST, up just 0.1% over the past 24 hours. The world's largest cryptocurrency has now held above the $100,000 mark for more than 25 consecutive days, suggesting a possible bullish revival. Ethereum rose 0.5% to $2,627, continuing its recent outperformance, while the global cryptocurrency market cap edged up 0.12% to $3.32 trillion, according to CoinMarketCap. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like War Thunder - Register now for free and play against over 75 Million real Players War Thunder Play Now Undo Among key altcoins , XRP gained 1.7%, BNB and Chainlink rose 0.6% each, and Litecoin advanced 0.75%. On the other hand, Solana fell 2.3%, Dogecoin slipped 0.3%, and Cardano declined 0.2%. Bitcoin's market dominance held steady at 63.7%. Crypto Tracker TOP COIN SETS BTC 50 :: ETH 50 -2.79% Buy Smart Contract Tracker -4.47% Buy DeFi Tracker -6.42% Buy Web3 Tracker -10.67% Buy NFT & Metaverse Tracker -11.13% Buy TOP COINS (₹) XRP 193 ( 3.09% ) Buy Ethereum 227,045 ( 1.92% ) Buy BNB 57,711 ( 1.46% ) Buy Bitcoin 9,066,559 ( 0.96% ) Buy Tether 86 ( 0.45% ) Buy 'The market shows some stagnation, with major tokens like Bitcoin, Ethereum, and XRP trading within a range-bound consolidation,' said the CoinDCX Research Team. 'However, Bitcoin holding above $100K for over 25 days indicates a revival in bullish trend, even as investor sentiment remains neutral.' Did you Know? The world of cryptocurrencies is very dynamic. Prices can go up or down in a matter of seconds. Thus, having reliable answers to such questions is crucial for investors. View Details » 'Bitcoin is holding steady near $105,500 after facing resistance at $106,800,' said Alankar Saxena, Co-founder and CTO at Mudrex. 'A break above $110,000 could trigger short liquidations and push BTC to fresh all-time highs.' Live Events Saxena added that Ethereum is also showing strength above $2,600, buoyed by sustained ETF inflows and improving sentiment. 'Support for BTC is now seen at $104,700, with resistance at $106,800.' Vikram Subburaj, CEO of Giottus, said Bitcoin remains in a clear accumulation phase between $105,000 and $106,500. 'Spot ETF flows have rebounded after three days of outflows, likely aiding price stability,' he noted. Riya Sehgal, Research Analyst at Delta Exchange, said BTC is consolidating in a rising 4-hour channel. 'A break above $108K–$109K could resume the uptrend, while a fall below $105K may test support at $100K–$102K,' she said. She also noted strong institutional accumulation: 'Mid-to-large wallets added over 79,000 BTC this week, and BlackRock's ETH holdings crossed $4 billion after adding 29,580 ETH worth $77 million.' Bitcoin's market cap rose to $2.094 trillion, but daily trading volume dipped 6% to $44.87 billion, suggesting reduced activity as the market waits for a decisive move.
Time of India
02-06-2025
- Business
- Time of India
Crypto Prices Today: Bitcoin tops $105,000 as market eyes Fed signals and institutional flows
Bitcoin climbed past $105,000 on Monday, rebounding from weekend lows amid strong institutional demand and cautious investor optimism ahead of key macroeconomic events. As of 1:23 PM IST, the world's largest cryptocurrency was trading at $105,366, up 1% in the last 24 hours. Ethereum, however, slipped marginally by 0.1% to $2,506. The global cryptocurrency market cap rose 0.9% to $3.29 trillion, according to CoinMarketCap, with gains seen across several altcoins. XRP, Solana, Dogecoin, and Cardano edged up between 0.3% and 1.2%, while Bitcoin's dominance remained steady at 63.7%. Crypto Tracker TOP COIN SETS BTC 50 :: ETH 50 -3.95% Buy Smart Contract Tracker -6.00% Buy Web3 Tracker -8.04% Buy DeFi Tracker -10.01% Buy NFT & Metaverse Tracker -13.01% Buy TOP COINS (₹) Bitcoin 9,002,818 ( 0.86% ) Buy XRP 185 ( 0.48% ) Buy BNB 56,131 ( 0.4% ) Buy Ethereum 214,056 ( -0.23% ) Buy Tether 85 ( -0.27% ) Buy The market witnessed heightened volatility over the weekend after US President Donald Trump escalated trade tensions with new tariff threats, triggering risk-off sentiment across global markets. According to CoinSwitch Markets Desk, Bitcoin briefly dropped below $104,000, triggering over $600 million in liquidations—the highest in four months—before bouncing back above $105,000, supported by institutional buying around the $103,000 level. Did you Know? The world of cryptocurrencies is very dynamic. Prices can go up or down in a matter of seconds. Thus, having reliable answers to such questions is crucial for investors. View Details » 'Bitcoin is trading steadily above $105,000, bouncing back from weekend lows of $103,200,' said Alankar Saxena, Co-founder and CTO of Mudrex. 'The market is now focused on macroeconomic cues, especially Fed Chair Jerome Powell's upcoming speech. Technically, $106,000 is a key resistance zone. A breakout above $106,800 could push the price toward $108,000.' Live Events On the flip side, failure to hold current levels could send Bitcoin back toward $103,500, he added. Delta Exchange's research analyst Riya Sehgal noted that Bitcoin is testing support near $103,900 within a descending broadening wedge pattern. 'A decisive move above $106,800 could lead to targets near $110,000. However, if $106,500 fails to hold, prices may dip toward $102,500 or even the $93,000–$97,000 range.' Ethereum faces resistance at $2,620. A breakout may lead to $2,720, but downside risks to $2,470 and $2,420 persist if bulls fail to reclaim control, Sehgal added. While Bitcoin ETFs saw $616 million in outflows over the last two days—led by BlackRock's IBIT and Ark 21Shares' ARKB—Ethereum ETFs attracted inflows for a tenth straight day, signalling continued institutional interest in the altcoin despite broader market choppiness. Sathvik Vishwanath, Co-founder and CEO of Unocoin, said Bitcoin's current consolidation near $105,000 comes after a record high of $111,970 in May 2025. 'This healthy pause shows investor confidence amid growing institutional inflows and declining exchange supply. With increasing regulatory clarity and the U.S. government's supportive stance, the long-term sentiment remains positive.' Vishwanath added that forecasts are pointing toward potential peaks of $180,000 to $250,000 by year-end, though short-term volatility should be expected. 'Investors should focus on macro trends and avoid being swayed by daily swings,' he said. 'This phase may be the calm before Bitcoin's next major leg up.'
Time of India
29-05-2025
- Business
- Time of India
Crypto Prices Today: Bitcoin slips below $108,000; Altcoins trade mixed
Bitcoin dipped below $108,000 on Wednesday, trading at $107,954 as of 12:47 PM IST, after touching an intraday low of $106,812. The global crypto market capitalisation declined 0.26% to $3.42 trillion, according to CoinMarketCap. Ethereum , in contrast, gained 3.5% to $2,728, supported by technical strength and positive momentum. Among altcoins , Solana, Tron, Sui, Hyperliquid, Chainlink, and Stellar fell up to 3%, while BNB, Dogecoin, Cardano, Avalanche, and Shiba Inu rose as much as 2%. 'Bitcoin bounced back after testing support near $106,800,' said Alankar Saxena, Co-founder and CTO of Mudrex. He noted that the market is anticipating fresh liquidity from FTX's $5 billion creditor payouts, which could boost both Bitcoin and Ethereum. Additionally, $2.4 billion worth of Ether options are set to expire this week, potentially supporting ETH's attempt to break above the $3,000 level. Crypto Tracker TOP COIN SETS DeFi Tracker 4.67% Buy BTC 50 :: ETH 50 -0.11% Buy Smart Contract Tracker -0.19% Buy Web3 Tracker -4.76% Buy NFT & Metaverse Tracker -7.60% Buy TOP COINS (₹) Ethereum 233,480 ( 3.57% ) Buy BNB 58,548 ( 0.43% ) Buy Tether 86 ( 0.07% ) Buy XRP 195 ( -0.58% ) Buy Bitcoin 9,224,586 ( -0.89% ) Buy Riya Sehgal, Research Analyst at Delta Exchange, said Bitcoin is currently ranging between $106,500 and $110,000. 'A breakout above $110,000 could signal continuation, while a dip below $106,500 may open downside toward $104,000,' she said, adding that market structure remains 'neutral to slightly bullish.' Did you Know? The world of cryptocurrencies is very dynamic. Prices can go up or down in a matter of seconds. Thus, having reliable answers to such questions is crucial for investors. View Details » While retail sentiment has turned cautious amid geopolitical tensions and U.S. tariff concerns, institutional flows continue to support the market. Sehgal highlighted that BlackRock's iShares Bitcoin Trust alone saw $970 million in inflows on May 28, contributing to over $3 billion in total ETF inflows last week. Live Events Shivam Thakral, CEO of BuyUcoin, attributed some of the recent selling pressure to profit booking by short-term holders. 'The Crypto Fear & Greed Index indicates heightened fear, suggesting the market may remain choppy in the coming weeks,' he said. Ethereum shows relative strength Ethereum has managed to hold above $2,720, supported by its 100-hour simple moving average and a key trend line at $2,610. Sehgal noted that ETH appears stronger than Bitcoin near critical levels, with resistance seen at $2,780, $2,800, and $2,840. A break above $2,800 could open the way to $2,950, she added. Meanwhile, Bitcoin's dominance fell to 62.7%, with a market cap of $2.145 trillion. Daily trading volume declined 2% to $50.73 billion.
Time of India
27-05-2025
- Business
- Time of India
Crypto Prices Today: Bitcoin slips below $110,000 amid profit booking; Altcoins fall up to 5%
Bitcoin and other major cryptocurrencies were trading lower on Tuesday, reflecting cautious sentiment among traders despite continued institutional interest in the digital asset space. As of 12:49 PM IST, Bitcoin dropped 0.7% to $1,09,153, after briefly touching a high of $110,376. Ethereum also edged lower, down 0.11% to $2,583. The global cryptocurrency market capitalisation declined by 1% to $3.42 trillion, according to CoinMarketCap. 'Bitcoin briefly reclaimed the $110,000 mark before seeing some profit-taking at higher levels,' said Alankar Saxena, Co-founder and CTO of Mudrex. He added that despite the dip, market makers remain confident as Bitcoin options trade at a negative 6%—a pattern typically seen in bullish conditions. BTC faces resistance at $111,000 and support around $105,200, he noted. Crypto Tracker TOP COIN SETS DeFi Tracker 8.39% Buy Smart Contract Tracker 3.01% Buy BTC 50 :: ETH 50 2.95% Buy NFT & Metaverse Tracker 1.24% Buy Web3 Tracker -3.41% Buy TOP COINS (₹) Ethereum 222,755 ( 1.47% ) Buy BNB 58,108 ( 1.3% ) Buy Tether 85 ( 0.42% ) Buy Bitcoin 9,359,964 ( -0.03% ) Buy XRP 197 ( -1.53% ) Buy Shivam Thakral, CEO of BuyUcoin, echoed the sentiment, saying, 'The reason for the current dip might be profit booking by short-term traders who liquidated their positions to create fresh ones.' Did you Know? The world of cryptocurrencies is very dynamic. Prices can go up or down in a matter of seconds. Thus, having reliable answers to such questions is crucial for investors. View Details » Despite the short-term weakness, analysts pointed to sustained institutional interest. Vikram Subburaj, CEO of Giottus, noted that while Bitcoin triggered $185 million in long liquidations on Binance in the past week, 'spot ETF inflows remain strong' and options data 'point to a market driven by demand and not leverage.' Live Events 'Recent moves like Strategy's $427 million Bitcoin purchase and JPMorgan opening access to Bitcoin ETFs signal growing institutional conviction,' he added. Delta Exchange Research Analyst Riya Sehgal also highlighted continued ETF inflows. 'Bitcoin's uptrend remains intact with higher highs and higher lows. The market is consolidating near the $110,000 level, awaiting a decisive breakout or breakdown. Meanwhile, Ethereum is range-bound between $2,450 and $2,750,' she said. Altcoins traded broadly in the red. Solana dropped 2.2%, Cardano 1.2%, Dogecoin 1.4%, Sui 5.2%, Avalanche 1.6%, XRP 2.6%, and Hyperliquid 4.4%. Bitcoin's dominance rose to 63.2%, with its market cap at $2.169 trillion. Daily trading volume, however, jumped 10.6% to $49.19 billion. Adding to the cautious sentiment, traders are monitoring macro developments such as the delayed U.S. tariffs on EU imports and potential crypto regulations. 'The U.S. Senate is expected to vote on the GENIUS Act, which could influence innovation in the sector,' said Thakral. FTX's second round of repayments could also inject liquidity into the market, potentially boosting trading activity.
