Crypto Price Today: Bitcoin remains at $34,000 as Ethereum drops to $1,800 and most other coins rise

While Ethereum saw a half-percent increase but stayed below the $1,800 mark, Bitcoin held steady, gaining roughly 1% to hover comfortably above 34,000 levels.
On Monday of this week, Bitcoin and other cryptocurrency tokens maintained their positive trend. Every cryptocurrency token entered the early trading, sustaining the momentum from the previous weekend. The recent increase in cryptocurrency was aided by the excitement surrounding the regulatory approval of a spot bitcoin exchange-traded fund (ETF) listing.
As the biggest cryptocurrency token gained almost 1% and managed to stay well above 34,000 levels, Bitcoin remained stable. But Ethereum, its biggest rival, saw a half-percent increase as well but managed to stay below the $1,800 mark. The majority of altcoins were seeing profitable trades.
Because of the general optimism about the possible approval of Bitcoin Spot ETF applications in the US, the cryptocurrency managed to keep its position above the $34,000 barrier.
With $1.7 billion in trading activity, the ProShares Bitcoin Strategy ETF (BITO) saw its second-largest trading week to date. Meanwhile, the Grayscale Bitcoin Trust (GBTC) posted $800 million in trading volume, which may have contributed to the optimistic mood of the market as a whole. Ethereum, however, continued to trade at a valuation higher than $1,700.
On Monday, the vast majority of popular cryptocurrency tokens saw increases in price. Chainlink and Polkadot both gained three percent, although Solana increased by almost one percent. In the early trade, XRP, Cardano, and Polygon all saw gains of roughly 2% apiece. Stablecoins tied to the dollar also increased slightly.
The value of the world’s cryptocurrency market was trading much higher, having increased by 6% on the previous day to reach the $1.26 trillion mark. Nonetheless, the total trading volume reached $27.37 billion, an increase of over 13%.
At the end of the week, Bitcoin had gained an incredible 15%. Although BTC stayed below its local resistance of $35,000, it remained in a favourable position throughout the weekend. At the moment, the price is centred at $34,300, while ETH is trading marginally above the $1,765 local support level.
Notably, a number of major macro events this week, including as the US FOMC meeting, the monthly release of the US unemployment rate, US job vacancies, and the US non-farm Employment Change, have a substantial impact on the cryptocurrency market. The cryptocurrency market may become more volatile as a result of these occurrences.
Bitcoin stayed firm, gaining roughly a percent to hover stubbornly above 34,000-levels, while Ethereum gained half a percent apiece but remained below $1,800.
On Monday, Bitcoin and other crypto currencies maintained their upward momentum in the new week. All crypto coins participated in the early trades, extending the weekend momentum. The recent crypto rally has been aided by the enthusiasm around regulatory approval of a spot bitcoin exchange-traded fund (ETF) listing.
Bitcoin maintained its strength, gaining roughly 1% and remaining strongly above the 34,000-levels. However, its greatest peer, Ethereum, saw a half-percentage-point increase but remained below the $1,800 mark. The majority of altcoins were trading at a profit.
Bitcoin maintained its position above the $34,000 mark, owing to the current bullish view for the likely approval of Bitcoin Spot ETF applications in the United States.
The ProShares Bitcoin Strategy ETF (BITO) had its second-largest trading week to date, with $1.7 billion in trading volume, while the Grayscale Bitcoin Trust (GBTC) had $800 million, potentially increasing the general market’s favourable attitude. In contrast, Ethereum’s trading value remained above $1,700.
On Monday, the bulk of the main crypto tokens were trading higher. Solana gained roughly 3%, while Chainlink and Polkadot gained 3% each. Polygon, Cardano, and XRP all climbed approximately 2% in early trading. Even dollar-pegged stablecoins increased in value.
The worldwide cryptocurrency market cap was trading much higher, reaching $1.26 trillion after increasing by around 1% in the last 24 hours. However, total trade volumes increased by more than 13% to $27.37 billion.
Bitcoin finished the week with a whopping 15% increase. Throughout the weekend, BTC remained positive while remaining below its local resistance at $35,000. The price is currently hovering around $34,300, with ETH trading slightly above the local support level of $1,765.
It’s worth mentioning that the crypto market will be heavily influenced this week by a number of macro events, including the US FOMC meeting, the monthly announcement of the US unemployment rate, US job vacancies, and the US non-farm Employment Change. These occurrences have the potential to cause volatility in the cryptocurrency market.
Bitcoin witnessed some profit booking as it fell more than 1% but managed to retain around 34,000-levels, while Ethereum was also seen in red, slightly lower, and remained around $1,800-levels.
Bitcoin and other cryptocurrencies took a breather on Friday ahead of the weekend’s lack of events. However, a slowdown in the digital asset market was expected following a significant gain in the previous few days. Analysts expect buying enthusiasm to stay in the digital asset market in the coming days.
Bitcoin experienced some profit booking as the largest crypto asset fell more than 1% but managed to stay around 34,000 levels. However, its greatest peer, Ethereum, was also in the red, somewhat lower, and remained below the $1,800 mark. The vast majority of altcoins were trading with cuts.
The cryptocurrency market appears to be cooling off after a seven-day rise. With a score of 70/100, the crypto fear and greed index is likewise firmly into the greed zone, indicating bullish feelings among crypto investors. The broader crypto market has reacted similarly and appears to be cooling off following the rise.
In related news, Deutsche Bank and Standard Chartered’s SC Ventures are testing UDPN, a system that allows blockchain, stablecoins, and CBDCs to connect in the same way that SWIFT does in traditional banking. UDPN connects blockchains, implements digital identification standards, and allows for controlled transactions.
The bulk of popular crypto coins were trading down on Friday, with a few outliers. Polkadot fell more than 3%, while Toncoin, Polygon, and Chainlink each fell 2%. Among the gainers, Solana and BNB each gained nearly 1%, while Dogecoin rose somewhat.
The worldwide cryptocurrency market cap was trading much lower, down to $1.26 trillion, after losing more than 1% in the previous 24 hours. However, total trade volumes fell by nearly 7% to $46.88 billion.
Quick take on the cryptocurrency price on October 21: The global market capitalization remained unchanged at $1.26 trillion.
Bitcoin (BTC), the world’s oldest and most valuable cryptocurrency, managed to cling onto the $34,000 level over the weekend, while the broader market’s Fear & Greed Index stood at 72 (greed) early Monday morning, according to CoinMarketCap. Popular altcoins, including as Ethereum (ETH), Dogecoin (DOGE), Ripple (XRP), Solana (SOL), and Litecoin (LTC), had slight increases. Gala (GALA) went on to become the top gainer, gaining more over 16 percent in a 24-hour period. Maker (MKR), on the other hand, became the biggest loser, with a more than 2% drop in a 24-hour period.
At the time of writing, the worldwide crypto market valuation was $1.26 trillion, up 0.85 percent in 24 hours.
Bitcoin Price Today
According to CoinMarketCap, the price of bitcoin was $34,290.95, a 0.82 percent increase in a 24-hour period. BTC was trading at Rs 29.65 lakh on the Indian market WazirX.
Ethereum Price Today
At the time of writing, the price of ETH was $1,748.48, representing a 0.51 percent 24-hour increase. According to WazirX, the current price of Ethereum in India is Rs 1.55 lakh.
Dogecoin Price Today
DOGE gained 0.49 percent in a 24-hour period, according to CoinMarketCap data, and is currently trading at $0.06871. According to WazirX, the Dogecoin price in India is Rs 5.98.
Litecoin Price Today
Litecoin gained 1.24 percent in a 24-hour period. It was trading at $68.28 at the time of writing. In India, the price of LTC was Rs 5,920.01.
Ripple Price Today
The price of XRP was $0.555, up 2.09 percent in 24 hours. According to WazirX, the current price of Ripple is Rs 47.42.
Solana Price Today
Solana was trading at $32.86, up 3.57 percent in 24 hours. According to WazirX, the SOL price in India was Rs 2,731.
On a daily basis, the Bitcoin (BTC) price exhibits not one, but numerous sell signals. To make matters worse, on-chain data reveal widespread profit-taking. While the rise fueled by the probable ETF approval has boosted BTC so far, the lack of it could send the pioneer cryptocurrency lower.
Bitcoin ETF news is critical to the continued rally.
For some years, the approval of a Bitcoin spot Exchange-Traded Fund (ETF) has been a speculative event. However, ETF-related innovations have recently accelerated. After losing a run of crypto lawsuits, the US Securities and Exchange Commission (SEC), which approves or disapproves ETF products, has been on the defensive.
The initial run-up in Bitcoin prices began in mid-October, following the SEC’s dismissal of Grayscale’s lawsuit for transforming the GBTC product into a spot ETF offering, as well as other ETF-related news. However, because there have been no updates, BTC has been trading sideways.
Regardless, the speculative Bitcoin trading frenzy will reach new heights in January 2024, the next critical deadline for the ETF decision. This event will either make or break the cryptocurrency space. However, investors should be prepared for a regression before then, especially given that the Bitcoin price has been emitting multiple sell signals.
Bitcoin’s price may fall soon
Bitcoin’s (BTC) price increased by 30% between October 16 and 24, reaching a local high of $35,280. Because of the tremendous bullish momentum, this move was spectacular. However, since the formation of this swing high, BTC has been trading sideways. The daily candlestick closures have generated an upward slope since October 25, which may appear bullish to the naked eye. A closer examination of the Relative Strength Index (RSI) reveals that it is sliding downward. This deviation is known as bearish divergence, and it frequently results in a pullback or correction.
This is the first major sell signal that investors should be aware of.
In addition to the bearish divergence, the Momentum Reversal Indicator (MRI) has flashed two sell signals. The first sell signal was posted in the shape of a red down arrow following the daily candlestick closure on September 13. The MRI showed another red down arrow nine days later. This indicator predicts one to four down candlesticks.
As a result, investors may see the Bitcoin price fall. The Fair Value Gap (FVG) range, which stretches from $30,248 to $32,832, and its midpoint of $31,540, are important support levels to monitor.
Quick analysis of cryptocurrency prices on October 10: The value of the worldwide market grew to $1.27 trillion.
The world’s oldest and most valuable cryptocurrency, Bitcoin (BTC), started Thursday morning stable around the $34,000 range. After falling below $1,800 yesterday, Ethereum (ETH) was able to reclaim the mark today. Other well-known altcoins, including as Litecoin (LTC), Dogecoin (DOGE), Ripple (XRP), and Solana (SOL), performed well overall. Memecoin Pepe (PEPE) has seen an incredible wild ride. It started out as the top gainer on Tuesday, turned into the biggest loss on Wednesday, and then managed to turn things around again to become the biggest gainer today—a perfect example of severe cryptocurrency volatility.
The value of the entire cryptocurrency market was $1.27 trillion at the time of writing, a 1.33 percent increase in only one day.
Bitcoin Price Today
According to CoinMarketCap, the price of bitcoin was $34,792.09, representing a gain of 2.27 percent in a day. As to the Indian exchange WazirX, the current value of Bitcoin was Rs 29.51 lakh.
Ethereum Price Today
At the time of writing, the price of ETH was $1,811.83, a 1.29 percent increase in just 24 hours. Ethereum’s price in India was Rs 1.53 lakh, according to WazirX.
Dogecoin Price Today
As of right now, DOGE is trading at $0.07167, having gained 8.39 percent in a day, according to statistics from CoinMarketCap. The price of Dogecoin in India was Rs 6.13, according to WazirX.
Litecoin Price Today
Litecoin gained 0.41 percent in a 24-hour period. As of writing, its trade price was $69.89. The price of LTC in India was Rs 5,905.01.
Ripple Price Today
The price of XRP was $0.5575 after rising 0.72 percent in a day. WazirX reported that the price of ripple was Rs 48.
Solana Price Today
The price of solana was $32.57, up 4.91 percent over the previous day. The price of SOL in India was Rs 2,760.30, according to WazirX.
With the rise of cryptocurrency not likely to stop anytime soon, casinos and gambling services have jumped in and are trying to cater to this market. Everything basically works like in a normal casino, the only difference is the currency you pay. However, there are some different mechanics and games in this ever-changing market. Almost all changes and new developments in the market have been for the better. Some are skeptical because the value of currencies can fluctuate greatly.
But we explain that and much more here.
What currencies are most commonly used?
With most online gambling services, you will find that the most accepted coin would be Bitcoin, the king of cryptocurrencies. But if you look closely, there are plenty of other coins accepted, such as ETH (Etherium), DOGE (Dogecoin), XRP (Ripple), LTH (Litecoin) and DASH (Dash).
It’s basically the same thing – some coins can fluctuate in price a bit more than others. We recommend that you have some knowledge of cryptocurrencies before embarking on this journey, but the best crypto gambling sites can be found at CryptoGambe.tips, so that’s a good place to start.
Cryptocurrency Casino Bonuses
Probably one of the best parts of the whole cryptocurrency casino scene is the bonuses you get. However, with most casinos you will get some kind of deposit bonus, but with cryptocurrency they really try to give you a big bonus as a new player or even as a more advanced player. So this is really where the cryptocurrency casino shines.
Most bonuses come in the form of deposit bonuses or free spins. But you often get free credits after you sign up!
Let’s talk about transaction fees, payments and customer identity
Most online casinos offer zero transaction fees, which means unlimited free transactions per day. Most of them require no verification, ensuring the safety of players’ funds and identities. Another big thing that is overlooked in cryptogambling is payouts, payouts are processed instantly and an average crypto transfer takes about 30 minutes – 2 hours to complete, depending on the number of coins in the network.
Not going through KYC (Know Your Customer) is also a big plus as it is time consuming and could be a breach point for your privacy.
Analytics Insight presents the top 10 current cryptocurrency prices on July 28, 2022
Crypto investors can get relief from constant crypto crashes in the most popular cryptocurrencies and crypto market. Bitcoin reached 23 thousand USD, while the market capitalization of cryptocurrencies reached 1 trillion USD after a long time. So here is a list of top ten cryptocurrency prices that bring significant profit in crypto wallets by making smart decisions.
At the time of writing, Analytics Insight lists the top 10 current cryptocurrency prices on July 28, 2022.
Bitcoin (BTC) – $23,130.29 (up 0.00%)
Ethereum (ETH) – $1,639.85 (down 0.47%)
Tether (USDT) – $1.00 (down 0.00%)
USD Coin (USDC) – $0.9999 (down 0.00%)
Binance Coin (BNB) – $268.47 (down 0.35%)
Binance USD (BUSD) – $0.9994 (up 0.01%)
XRP (XRP) – $0.3584 (down 0.04%)
Cardano (ADA) – $0.5071 (down 0.61%)
Solana (SOL) – $39.82 (up 0.10%)
Dogecoin (DOGE) – $0.06655 (down 0.32%)
According to CoinMarketCap, the global crypto market capitalization is $1.06t with a volume of $91.75 billion in the last 24 hours, an increase of 50.77%.
Disclaimer: The information provided in this article is the opinion of the author only and not investment advice – it is provided for educational purposes only. By using this, you agree that the information does not constitute any investment or financial advice. Do your own research and consult a financial advisor before making any investment decisions.
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