Cryptocurrency Price Today: Bitcoin Stable At $72,000, Toncoin Gains Nearly 25%

Bitcoin (BTC), the oldest and most valued cryptocurrency in the world, appears to remain stable within the $72,000 range early Wednesday, as the excitement around BTC exchange-traded funds among investors continues to pay dividends. Other popular altcoins — including the likes of Ethereum (ETH), Dogecoin (DOGE), Ripple (XRP), Solana (SOL), and Litecoin (LTC) — saw a mix of minor dips and gains across the board. Toncoin (TON) remained the biggest gainer for the second consecutive day, with a 24-hour gain of nearly 25 percent. Kaspa (KAS), on the other hand, turned out to be the biggest loser, with a 24-hour dip of nearly 6 percent. 

The global crypto market cap stood at $2.73 trillion at the time of writing, registering a 24-hour gain of 0.78 percent.

Bitcoin (BTC) Price Today

Bitcoin price stood at $72,083.33, registering a 24-hour gain of 0.19 percent, as per CoinMarketCap. According to Indian exchange WazirX, BTC price stood at Rs 62.24 lakh.

Ethereum (ETH) Price Today

ETH price stood at $4,038.63, marking a 24-hour dip of 0.02 percent at the time of writing. As per WazirX, Ethereum price in India stood at Rs 3.49 lakh.

Dogecoin (DOGE) Price Today

DOGE registered a 24-hour loss of 1.03 percent, as per CoinMarketCap data, currently priced at $0.1728. As per WazirX, Dogecoin price in India stood at Rs 14.85.

Litecoin (LTC) Price Today

Litecoin saw a 24-hour dip of 1.38 percent. At the time of writing, it was trading at $97.79. LTC price in India stood at Rs 8,599.99.

Ripple (XRP) Price Today

XRP price stood at $0.695, seeing a 24-hour jump of 0.18 percent. As per WazirX, Ripple price stood at Rs 60.40.

Solana (SOL) Price Today

Solana price stood at $149.02, marking a 24-hour dip of 2.28 percent. As per WazirX, SOL price in India stood at Rs 12,874.02. 

Top Crypto Gainers Today (March 13)

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

Toncoin (TON)

Price: $4.39
24-hour gain: 24.59 percent

NEAR Protocol (NEAR)

Price: $8.38
24-hour gain: 22.46 percent

THORChain (RUNE)

Price: $11.32
24-hour gain: 18.52 percent

Injective (INJ)

Price: $49.49
24-hour gain: 16.57 percent

dogwifhat (WIF)

Price: $2.24
24-hour gain: 13.92 percent

Top Crypto Losers Today (March 13)

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

Kaspa (KAS)

Price: $0.1482
24-hour loss: 5.72 percent

Worldcoin (WLD)

Price: $9.86
24-hour loss: 4.80 percent

Immutable (IMX)

Price: $3.49
24-hour loss: 4.39 percent

Helium (HNT)

Price: $8.12
24-hour loss: 4.28 percent

Bonk (BONK)

Price: $0.00002959
24-hour loss: 4.01 percent

What Crypto Exchanges Are Saying About Current Market Scenario

Mudrex co-founder and CEO Edul Patel told ABP Live, “Bitcoin dropped a bit in the past 24 hours reacting to February’s higher-than-anticipated US CPI data. Despite this, it remains steady above $72,000, bolstered by ongoing investments in spot Bitcoin ETFs. Blackrock’s Bitcoin stash now nears 204K, with assets under management exceeding $14.76 billion. Over the last month, Bitcoin has soared by 44%, inching closer to the $76,000 threshold.”

CoinSwitch Markets Desk noted, “As the inflation data from yesterday’s CPI report showed an increased rate of inflation from the expectation, BTC tested the $69k level again but successfully managed to flip the long-term resistance as support. Interestingly, BTC also hit an all-time high yet again at $73k before sliding down causing more than $350 million of liquidation in the last 24 hrs. With the ETH Dencun upgrade going live at 7.25 PM today, it is expected that rollups can then post data on the Ethereum blockchain at 10 times lower rates than before. The blockchains being directly impacted positively by this upgrade will be the top layer-2 solutions including MATIC, OP, and ARB. However, it is worth noting that a major unlocking event of ARB is happening in the coming week, causing more than $2 billion worth of ARB tokens to come into circulation.”

Rajagopal Menon, Vice President, WazirX, said, “Bitcoin (BTC) surged to an all-time high above $73,000 but later dipped nearly 6%, now trading at $72,023, down by 0.08% over the last 24 hours. Ether (ETH) dropped by 2%, while Ripple (XRP), Dogecoin, and Litecoin (LTC) witnessed declines ranging from 6% to 8%. The volatility resulted in the liquidation of over $360 million in leveraged derivatives positions, primarily long positions. Bitcoin’s rally displayed signs of slowing momentum, with the Relative Strength Index (RSI) declining despite high prices. The $69,000 level may offer short-term support, reminiscent of the 2021 bull market peak.”

Sathvik Vishwanath, CEO and co-founder of Unocoin, said, “Bitcoin continues to command attention as it hovers above $71,000, maintaining a robust stance despite a minor 1.00% dip in the past day. This resilience fuels optimism among traders and analysts regarding its future trajectory. Critical price levels on a four-hour chart include a pivot point at $70,013, with resistance at $73,824, $76,749, and $79,904, potentially impeding upward movement. Conversely, support levels at $67,154, $64,861, and $62,192 offer buffers against downward pressure. Technical indicators, notably the Relative Strength Index (RSI) at 67, suggest a slightly overbought status, yet predominantly bullish sentiment persists. Investors weigh these factors in deciding whether now is the opportune time to enter the market.”

Shivam Thakral, CEO of BuyUcoin, said, “The original cryptocurrency, Bitcoin, made another ATH yesterday, surpassing $73,000. After dipping nearly 6%, Bitcoin managed to recover, trading at around $72,000. On the other hand, Ethereum has broken the $4,000 resistance several times over the last few days, which could target the next resistance at $4,200. Blockchain tokens like MOVR, NEAR, and AVAX saw modest gains of over 20%.” 

CoinDCX Research Team told ABP Live, “In the past 24 hours, BTC surged to a new all-time high, surpassing $73,000 in futures trading, while ETH approached $4,100, marking a new yearly high. However, following the bearish CPI announcement, which showed higher-than-expected data, coupled with significant BTC ETFs outflows from GBTC, both BTC and ETH experienced a quick 4-5% decline, dragging down altcoins as well. Later, both BTC and ETH managed to recover. Technically, BTC hasn’t shown any major signs of reversal yet, indicating a bullish sentiment, but the data on ETF inflows will be crucial to monitor. Meanwhile, ETH remains fundamentally strong and is expected to surpass the $4,100 mark soon.”

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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.