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Economic Times
4 days ago
- 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
4 days ago
- 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.
