Bitcoin (BTC) — the world’s oldest and most valued crypto — managed to remain stable within the $16,000 range on early Tuesday morning. Other top altcoins — including the likes of Ethereum (ETH), Dogecoin (DOGE), Litecoin (LTC), and Solana (SOL) — saw a mix of minor gains and dips as prices remained more or less stable across the board. The Terra Classic (LUNC) token emerged to be the biggest gainer of the lot, with a 24-hour jump of over 8 percent. Chain (XCN), on the other hand, became top loser, with a 24-hour loss of over 7 percent.
The global crypto market cap stood at $812.94 billion at the time of writing, registering a minor 24-hour jump of 0.02 percent.
Bitcoin (BTC) price today
Bitcoin price stood at $16,880.01, registering a 24-hour dip of 0.12 percent, as per CoinMarketCap. According to Indian exchange WazirX, BTC price stood at Rs 14.45 lakhs.
Ethereum (ETH) price today
ETH price stood at $1,223.13, marking a 24-hour gain of 0.15 percent at the time of writing. As per WazirX, Ethereum price in India stood at Rs 1.05 lakhs.
Dogecoin (DOGE) price today
DOGE registered a 24-hour loss of 1.42 percent as per CoinMarketCap data, currently priced at $0.07513. As per WazirX, Dogecoin price in India stood at Rs 6.52.
Litecoin (LTC) price today
Litecoin saw a 24-hour gain of 1.93 percent. At the time of writing, it was trading at $70.42. LTC price in India stood at Rs 5,900.
Ripple (XRP) price today
XRP price stood at $0.3596, seeing a 24-hour gain of 2.68 percent. As per WazirX, Ripple price stood at Rs 30.52.
Solana (SOL) price today
Solana price stood at $11.26, marking a 24-hour dip of 1.39 percent. As per WazirX, SOL price in India stood at Rs 1,005.
Top crypto gainers today (December 27)
As per CoinMarketCap data, here are the top five crypto gainers over the past 24 hours:
Terra Classic (LUNC)
Price: $0.0001623
24-hour gain: 8.84 percent
Quant (QNT)
Price: $113.77
24-hour gain: 6.62 percent
Lido DAO (LDO)
Price: $1.04
24-hour gain: 5.21 percent
Ripple (XRP)
Price: $0.3596
24-hour gain: 2.76 percent
Casper (CSPR)
Price: $0.0287
24-hour gain: 2.51 percent
Top crypto losers today (December 27)
As per CoinMarketCap data, here are the top five crypto losers over the past 24 hours:
Chain (XCN)
Price: $0.0151
24-hour loss: 7.07 percent
Toncoin (TON)
Price: $2.33
24-hour loss: 4.90 percent
Trust Wallet Token (TWT)
Price: $1.38
24-hour loss: 2.86 percent
GMX (GMX)
Price: $45.16
24-hour loss: 2.65 percent
Flow (FLOW)
Price: $0.7556
24-hour loss: 2.28 percent
What crypto exchanges are saying about the current market scenario
Mudrex co-founder and CEO Edul Patel told ABP Live, “Bitcoin has not witnessed any significant movement in the past 24 hours. It is currently hovering around the $16,700 support level, with resistance at $17,000. BTC has gained 2 percent in value over the past month. Ethereum, on the other hand, is seeing buyers attempting to push the price above the $1,352 level in an effort to increase upward momentum. Overall, most cryptos remained stable as markets remained muted following the Christmas and New Year holiday period.”
Sathvik Vishwanath, CEO and co-founder of Unocoin said, “Bitcoin is currently trading at $16,858 with a 24-hour trading volume of $12 billion. If Bitcoin breaks above $17,000, it may continue to rise towards $17,500. If it falls below $16,500, it may find support at $16,320. Ethereum is currently battling below $1,220 and may experience a negative reversal if the $1,180 support level is broken. If Ethereum prices rise above $1,220, they may continue to rise until they hit $1,270.”
weTrade founder Prashant Kumar offered his take on the market scenario as well, “Key cryptocurrencies continued to remain flat as Bitcoin and Ethereum saw a marginal increase over the past day. While Bitcoin is inching closer to $16,900, Ethereum is rising to $1,230. XRP and Dogecoin are regaining lost ground and have seen an increase of 7 percent and 2 percent, respectively, over the past week. If the trend continues, we could see some general upward movement in the market.”
Shivam Thakral, the CEO of BuyUCoin, said, “The Bitcoin hash rate dipped significantly as a lot of mining facilities were forced to cease operations due to the US storm-induced power crisis. The drop in hash rate is directly related to the lack of volatility in the Bitcoin prices lately. The overall crypto market is expected to remain calm due to decreased investor activity and we may see some action after the holiday season ends.”
Disclaimer: Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Cryptocurrency is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Cryptocurrency market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.