Crypto

Cryptocurrency Price Today: Bitcoin Touches $64,000 For The First Time Since November 2021

Published

2 years ago

February 29, 2024

Cryptocurrency Price Today: Bitcoin Touches ,000 For The First Time Since November 2021

Bitcoin (BTC), the oldest and most valued cryptocurrency in the world, briefly touched the $64,000 mark for the first time since November 2021, before settling down at around $62,500 early Thursday. The excitement among investors around BTC exchange-traded funds (ETF), which saw a daily trading volume of over $7.7 billion, is driving the latest rally. Other top coins, including the likes of — Ethereum (ETH), Dogecoin (DOGE), Solana (SOL), Ripple (XRP), and Litecoin (LTC) — saw notable gains across the board. Memecoin BONK emerged to be the biggest gainer of the lot, with a 24-hour jump of over 56 percent. Bitget Token (BGB) became the biggest loser, with a 24-hour dip of nearly 6 percent.

The global crypto market cap stood at $2.29 trillion at the time of writing, registering a 24-hour gain of 6.42 percent.

Bitcoin (BTC) Price Today

Bitcoin price stood at $62,538.10, registering a 24-hour gain of 9.37 percent, as per CoinMarketCap. According to Indian exchange WazirX, BTC price stood at Rs 54 lakh.

Ethereum (ETH) Price Today

ETH price stood at $3,268.95 marking a 24-hour gain of 1.20 percent at the time of writing. As per WazirX, Ethereum price in India stood at Rs 2.99 lakh.

Dogecoin (DOGE) Price Today

DOGE registered a 24-hour jump of 5.41 percent, as per CoinMarketCap data, currently priced at $0.09517. As per WazirX, Dogecoin price in India stood at Rs 10.99.

Litecoin (LTC) Price Today

Litecoin saw a 24-hour dip of 0.83 percent. At the time of writing, it was trading at $74.32. LTC price in India stood at Rs 6,999,79.

Ripple (XRP) Price Today

XRP price stood at $0.5816, seeing a 24-hour jump of 4.61 percent. As per WazirX, Ripple price stood at Rs 51.

Solana (SOL) Price Today

Solana price stood at $122.69, marking a 24-hour dip of 1.05 percent. As per WazirX, SOL price in India stood at Rs 9,991.

Top Crypto Gainers Today (February 29)

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

Bonk (BONK)

Price: $0.00002142
24-hour gain: 56.47 percent

JasmyCoin (JASMY)

Price: $0.02259
24-hour gain: 38.69 percent

Dogecoin (DOGE)

Price: $0.1253
24-hour gain: 31.29 percent

Shiba Inu (SHIB)

Price: $0.00001325
24-hour gain: 22.18 percent

Aptos (APT)

Price: $12.32
24-hour gain: 22.14 percent

Top Crypto Losers Today (February 29)

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

Bitget Token (BGB)

Price: $0.9495
24-hour loss: 5.35 percent

ApeCoin (APE)

Price: $1.90
24-hour loss: 4.87 percent

Pyth Network (PYTH)

Price: $0.6594
24-hour loss: 4.83 percent

Dymension (DYM)

Price: $6.04
24-hour loss: 4.36 percent

Theta Network (THETA)

Price: $1.90
24-hour loss: 4.25 percent

What Crypto Exchanges Are Saying About Current Market Scenario

Mudrex co-founder and CEO Edul Patel told ABP Live, “Bitcoin climbed above the $63,000 level in the past 24 hours gaining 7%. This surge is attributed to the ten spot Bitcoin ETFs in the US registering a new daily record by surpassing the $7.7 billion trading volume as retail investors jump on crypto rally. BlackRock’s Bitcoin ETF traded $3.3 billion on Wednesday, twice as much as its previous volume record. Bitcoin surged over 50% on a year-to-date surpassing the $60,000 threshold level for the first time since Nov 2021. Currently, Bitcoin is trading at the $61,000 level and is eyeing $65,000. If this momentum continues, it is likely that Bitcoin will beat its previous all-time high soon.”

CoinSwitch Markets Desk noted, “In the last 24 hours, unprecedented volumes were seen in Bitcoin spot ETFs with a total of $7.5 billion being traded, doubling the previous record as BTC hit an all-time high in the Indian markets. Bitcoin is now up by more than 44% in February which is the highest monthly move since December 2020. All Indian investors who had previously invested in Bitcoin are now in a profitable position with the market sentiment slowly moving towards the ‘extreme greed’ category. A glimpse of what might happen if you are too late was visible yesterday. After BTC reached $64k, there was a sudden dip due to sudden profit booking and BTC’s price fell below $59k within minutes, causing close to $200 million worth of liquidations within just one hour. Simultaneously, the world’s largest fiat-based exchange Coinbase went down for a bit.”

Rajagopal Menon, Vice President, WazirX, said, “Bitcoin’s volatile ride saw a sudden 7% plunge from its $64,000 peak, causing chaos for leveraged traders. After briefly soaring above $60,000 for the first time since November 2021, BTC dropped to $59,400, rebounding to $61,587. The major cryptos, including ETH, SOL, XRP, ADA, DOGE, and AVAX, also faced 4% to 9% declines within an hour. The market turmoil led to $700 million in liquidations, marking the most significant wipe-out since last August. Despite the crypto carnage, spot bitcoin ETFs, notably BlackRock’s IBIT, experienced record-breaking volumes, reaching $3.3 billion.”

Sathvik Vishwanath, CEO and co-founder of Unocoin, said, “Bitcoin’s bullish trajectory extends to its performance against the Indian Rupee (INR), with key resistance levels identified at $61,544, $64,848, and $68,242, mirroring its USD counterpart. Notably, the INR’s previous ATH is also surpassed, indicating broader market strength. Support levels at $54,425, $52,597, and $47,572 offer stability against pullbacks, while the RSI at 85 suggests heightened buying pressure, warranting caution for potential corrections. The formation of the “three white soldiers” candlestick pattern and the INR’s upward trendline support reinforce bullish sentiment, augmented by the 50-day EMA at $47,818. Breaking resistance at $61,500 could signal continued bullish momentum, emphasizing careful monitoring amid potential fluctuations despite overall positive market sentiment.”

Shivam Thakral, CEO of BuyUcoin, said, “Bitcoin has gained more than 10% in a day, briefly touching $64,000 for the first time since November 2021. The cryptocurrency price is one step closer to its all-time high as Bitcoin ETFs broke their trading volume record with a huge day at $7.69 billion. Blackrock’s iShares Bitcoin Trust, IBIT, broke its own trading volume records at $3.3 billion. Ethereum hasn’t matched the pace of Bitcoin but is steadily rallying, crossing $3,400. It may be possible to see a new all-time high in Bitcoin before halving this year.”

CoinDCX Research Team told ABP Live, “BTC surged to $64,000, nearing its all-time high, while ETH reached $3,400, marking new highs for the year. This rally is driven by historical trends before halving events, strong inflows into BTC spot ETFs, and support from major institutions. Following its ascent to $64,000, BTC experienced a rapid drop to $59,000, triggering high-leverage liquidations on both sides. It has since stabilized above $61,500. This volatile movement led to liquidations in altcoins as well. BTC’s stability is crucial for altcoins to regain momentum. The next key levels for BTC are $65,000-$66,000, followed by its all-time high at $69,000. Despite attempting to breach the $3,500 level, ETH underperformed BTC as the ETH/BTC pair weakened. Currently, ETH is holding slightly above $3,400.”

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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.

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Crypto

Attorney General Jackley Proposes Legislation To Strengthen State’s Digital Cryptocurrency Investigations

Published

6 hours ago

January 6, 2026

Press Room

South Dakota Attorney General Marty Jackley says he will propose 2026 legislation allowing law enforcement to seize digital cryptocurrency accounts tied to criminal investigations, citing millions in reported losses to scams and fraud.

Crypto

Venezuela Crisis Watch: Bitcoin Exchange Netflows Signal Caution, Not Crypto Fear

Published

18 hours ago

January 6, 2026

Press Room

Venezuela’s return to the geopolitical spotlight is rattling crypto traders, but on-chain data shows limited stress, muted bitcoin selling, and a market increasingly resilient to headline-driven shocks rather than systemic financial threats.

Crypto

OnePay by Walmart Allows Shoppers to Convert Cryptocurrency to Cash Immediate

Published

1 day ago

January 5, 2026

Press Room

OnePay by Walmart Allows Shoppers to Convert Cryptocurrency to Cash Immediate

Key Takeaway:

OnePay, which is supported by Walmart, is working on the incorporation of Bitcoin and Ethereum trading and custody services into its mobile banking app.
The new feature enables users to convert digital assets to U.S. dollars immediately and use them to make in-store purchases and pay using a credit card.
The backend is being provided by fintech infrastructure provider ZeroHash, which is similar to institutional designs at Morgan Stanley and Interactive Brokers.

Walmart is enthusiastically increasing its financial technology presence by introducing digital asset utility to its huge retail ecosystem. The retail giant is transitioning out of the conventional banking business through its majority-owned fintech business, OnePay, to provide a gateway between cryptocurrency and consumer spending.

OnePay Closes the Cryptocurrency and Commerce Gap

The Walmart partner Ribbit Capital has created OnePay, which is a joint venture that is planned to launch cryptocurrency trading and custodial services by the close of 2025. This integration is a major change that the platform has already achieved having already become one of the top-five finance applications on the Apple App Store. OnePay is launching Bitcoin and Ethereum, as well as its existing range of high-yield savings, debit cards, and its buy now, pay later offerings, which puts the company in a position to become a one-stop, one-app shopping experience to the American customer.

The most striking feature of this rollout is that it has a smooth conversion mechanism. In opposition to the old-fashioned methods when it could require days to transfer money to a bank account, OnePay users will have the opportunity to convert their crypto assets into U.S. dollars in the app in almost real-time. Such money can be immediately redeemed in Walmart checkouts or charged to balances in OnePay credit cards. This service is a good way of eliminating the technical obstacles that have traditionally divided the digital resources and the weekly grocery shopping.

Read More: Amazon and Walmart’s Stablecoin Ambitions Could Disrupt Crypto Payments Landscape

Technical Infrastructure and Partnerships

In order to support such services, OnePay is collaborating with ZeroHash, a Chicago-based infrastructure company focused on the settlement of digital assets. ZeroHash recently announced the close of a $104 million financing round with Interactive Brokers highlighting its expanding position as the plumbing of mainstream crypto adoption. Through an existing third party supplier, OnePay does not encounter the regulatory and technical challenges of developing a custom trading engine.

The presented infrastructure option will guarantee that OnePay will be able to accommodate large-volume transactions and still be compliant with the financial rules of the U.S. ZeroHash offers the APIs needed to bridge the blockchain networks to the standard banking rails that Walmart operates in the traditional banking infrastructure. This arrangement is similar to the approach taken by large brokerage firms such as the E-Trade of Morgan Stanley which is also gearing up to provide direct exposure to crypto to its clients.

Cryptomic Utility Scaling 150M Weekly Shoppers

The move by Walmart into the crypto-to-cash world is noteworthy due to the huge number of its users. The retailer has a customer base of about 150 million customers each week in the United States alone. Whereas crypto-native products, such as Coinbase and Kraken, are aimed at investors, OnePay targets a market segment, which, perhaps, does not care about professional trading features as much as they care about the practical utility of their assets.

The program arrives when the institutional interest in the digital asset sector grows. Bitcoin has just exceeded the figure of 120,000 and market capitalization of the stablecoins has increased to an all-time high of 300 billion. These milestones have generated a new demand for retail friendly crypto products which are not simply speculative, but are efficient in terms of payments.

Read More: Coinbase Bets Big on Prediction Markets, Acquiring The Clearing Company to Scale Onchain Event Trading

walmart

Influence on the Retail Fintech Scene

The shift places OnePay in the full-fledged competition with leading fintech companies such as PayPal, Venmo, and Cash App offered by Block. These solutions have been providing different types of crypto support over the years, but the fact that Walmart is thoroughly integrated with traditional retail is what provides OnePay an edge over the competition. As a user, the fact that one can manage a paycheck, get rewards, and use Bitcoin in the same ecosystem to purchase their household items is an impressive value proposition.

According to industry observers, it is one of several trends that are moving toward financialization of retailing. By providing a digital wallet that can be used with both fiat and crypto, Walmart is effectively proving to take over a larger portion of the financial life-cycle of the consumer. This decreases the dependence on the conventional banks and credit card networks, which may minimize transaction costs to the retailer and provide greater freedom to the customer.