Bitcoin led cryptocurrency prices higher Friday, virtually recouping the week’s losses after falling to its lowest level since mid-March Wednesday night.

Cryptocurrency Price Action

Bitcoin was trading about $26,800 late Friday, after falling below $26,000 for the first time since March on Wednesday night. This month, Bitcoin fell from its April 14 high of $31,019, its highest level since last June. BTC has lost additional ground since May 5, when a transaction delay forced the price to fall on May 8. So far this year, the world’s largest cryptocurrency has fallen about 62%.

After falling to $1,763 late Wednesday night, Ethereum recovered to $1,836 on Friday. Ethereum reached a high of $2,139 on April 16 – its highest valuation since last May – and broke beyond the $2,000 barrier for the first time in nearly a year on April 13 following the Shanghai upgrade to a proof-of-stake network. Year to date, the No. 2 cryptocurrency has increased by approximately 53.4%.

Cryptocurrency Prices Heatmap:

Continue reading for more bitcoin news and pricing updates.

Investments in digital assets are particularly volatile. While the fundamentals and technical indicators of cryptocurrency may change, investors should focus on the same main objectives. First, protect yourself by learning when to sell, cut losses, or profit. Second, be ready to profit if the coin begins to recover.

Despite their original promise, cryptocurrencies have not served as inflation hedges. Instead, they’ve followed the larger indexes. To keep up with daily market movements, read The Big Picture and Market Pulse.

The largest cryptocurrency, Bitcoin, increased its gains by more than 2% to remain close to the $29,000 level. Ethereum, its biggest rival, increased 2% and reclaimed the $1,900 mark.

Bitcoin and Ethereum rose, but other cryptoassets were unable to follow suit. Following the mediocre performance of US financial stocks, bitcoin increased in value. Cryptocurrency legislation continued to be the hot subject in industrialised economies.

The largest cryptocurrency, Bitcoin, continued to rise, gaining by more than 2% to trade at or near the $29,000 level. Its biggest rival, Ethereum, also increased by 2% and reclaimed the $1,900 mark. The altcoin’s performance in the early trade was inconsistent.

This rise has reversed the week’s losses for Bitcoin and lifted it to its highest level in seven days. At the moment, Bitcoin is supported at $28,000 and is facing opposition at $29,400. In the meantime, Ethereum has surpassed $1,900 and reached a five-day high.

Only Cardano and Polygon, which both climbed by up to 2% during the early trade, were trading in the green aside from the leading names. On the contrary, there was a cap on the cuts. Litecoin, which fell by around 3%, and BNB, which fell by approximately 2%, were the losers. Each of XRP and Polkadot lost more than 1%.

The market capitalization of all cryptocurrencies was much higher, trading at close to $1.20 trillion, having increased by more than 1% over the previous day. The entire trade volume did, however, increase by roughly 73% to $70.12 billion.

Bitcoin, the most valuable cryptocurrency in the world, crossed the $30,000 threshold. The crypto winter that gripped the market in 2022 is clearly coming to an end, according to the cryptocurrency market. The legislative support demonstrated by developed economies like the UK and Europe will help the global crypto ecosystem develop.

As investors awaited the tech earnings on Tuesday, Bitcoin and other crypto tokens fell. Wall Street in the US is anticipating Microsoft and Alphabet’s earnings, which are slated on April 25. Traders have long used the wait-and-watch strategy.

The largest cryptocurrency asset, Bitcoin, fell more than 1% but managed to hold above the $28,313 mark after a brief comeback. Ethereum, its biggest rival, lost another 2% and slipped below $1,850. The pain was worse in the altcoins.

BTC is down more than 1% this morning and has traded in the $27,000 level for the previous day. According to Parth Chaturvedi, CoinSwitch’s lead for the cryptocurrency ecosystem, ETH lost roughly 2% and is currently trading in the $1800 to $1900 zone for the same time frame.

A tremendous inflow of 571,950 ETH deposits worth over $1 billion for staking occurred following last week’s Ethereum Shanghai update. This week’s token influx for ETH was the highest ever recorded. Institutional staking service providers and investors who reinvest their profits after withdrawal were largely to blame for this spike.

All other popular tokens were trading lower on Tuesday, with the exception of stablecoins tethered to the US dollar. A 4% decline in Polygon was followed by a 3% decline in Solana. Other notable losers were Cardano, Polkadot, and XRP, each of which had a 2 percent decline.

The market capitalization of all cryptocurrencies was much lower, limping around the $1.15 trillion barrier after falling more than 1% in the previous day. But the overall trade volume increased by as much as 17% to $36.62 billion.

Cryptocurrencies continued to lose money. The market capitalization of all cryptocurrencies was $1.21 trillion, with a volume of $62.7 billion over the previous day. Investors are concerned about digital assets because of the SEC’s stance on cryptocurrency and potential rate increases in the future. In addition, the market showed a link between Bitcoin and the S&P following initial signs that the two had begun to move independently.

Bitcoin
The biggest and most used virtual currency in the world, Bitcoin, was down 4.3 percent at $28,931.8 as of the most recent tally. It was valued at $560.5 billion in the market. The value of the trade was $25.2 billion.

In the last 24 hours, Bitcoin has fallen below the $29,000 threshold after the UK released inflation data that came in higher than expected. The data showed a rise of 10.1% over the previous 12 months. Due to this, BTC dropped to its lowest level since April 10th, with the next significant support level being at $28,500.

Ethereum
Ethererum the second-largest virtual currency, lost 6.9% of its value to $1,948 and a $233 billion market cap. In the previous day, $14.2 billion worth of Ethereum was traded.

During the same time frame, Ethereum fell by seven percent and is now worth $1,900. As is customary when unexpected things happen, the market reacted, which led investors to flee riskier investments. Investors and traders may need some time to assess the potential effects of the inflation report and recover from the incident.

Dogecoin
The meme-based virtual currency Dogecoin dropped to $0.1 by 2.8%. It had a market value of over $12.7 billion. There were $1.4 billion worth of transactions.

Solana
Solana fell 7.2 percent to $22.9 and now has a $9.1 billion market worth. In the past 24 hours, Solana saw trades worth $845.7 million.

Shiba Inu
Shiba Inu market capitalization decreased by 5.4 percent to $6.5 billion. In the previous 24 hours, there were $320.9 million in transactions.

Polygon
Polygon with a market capitalization of $10.1 billion, fell 7.3 percent to $1.1 on the day. $520.2 million worth of transactions were made within the past 24 hours.

The price of Bitcoin and other popular cryptocurrency tokens as treasury yields increased, banking turbulence receded, and investors stayed away from riskier investments. Some experts claim that the appeal of cryptocurrencies is waning as the threat of banking instability seems to be decreasing.

The largest cryptocurrency token, Bitcoin, fell as much as 2% to breach the crucial psychological threshold of $30,000. This was due to some profit taking. The price of Ethereum dropped by around 2% to cross the $2,100 threshold. The pain was primarily greater in the altcoin.

All cryptocurrency tokens were trading down on Tuesday, with a few outliers. Solana saw a more than 5% decline, while Litecoin, Cardano, and BNB all experienced a 3% decline. On the other hand, Dogecoin increased by more than 2% and Avalanche marginally.

The market capitalization of all cryptocurrencies was down around $1.25 trillion, dropping more than 1% over the previous day. The total trade volume did, however, increase by as much as 8% to $43.65 billion.

Bitcoin (BTC) and Ethereum (ETH), two of the most valuable crypto coins, were able to surpass the $30,000 and $2,000 thresholds, respectively. BTC, however, suffered a loss of more than 1% in terms of performance measured in percentage. As overall values saw slight declines across the board, other well-known altcoins, such as Dogecoin (DOGE) and Ripple (XRP), also fell. The largest gainer, OKB (OKB), saw a 24-hour increase of more than 16.44 percent. Contrarily, Conflux (CFX) ended up being the greatest loser.

The worldwide crypto market cap was $1.27 trillion at the time of writing, representing a 1.14 percent decline over the previous day.

Bitcoin price today
The worldwide crypto market cap was $1.27 trillion at the time of writing, representing a 1.14 percent decline over the previous day.

Ethereum price today
At the time of writing, the price of ETH was $2,084.25, a drop of 1.41 percent over the previous 24 hours. According to WazirX, the price of ethereum in India was Rs 1.78 lakhs.

Dogecoin price today
According to data from CoinMarketCap, DOGE, which is presently trading at $0.08807, saw a 24-hour loss of 2.58 percent. The price of Dogecoin in India was 7.4500 rupees, according to WazirX.

Litecoin price today
Litecoin lost 3.16 percent throughout the course of a day. Its price at the time of writing was $95.43. The price of LTC was Rs 8,162.02 in India.

Ripple price today
The price of XRP was $0.5193, down 0.83 percent over the previous 24 hours. WazirX reported that the price of ripple was Rs 44.4000.

Solana price today
Solana price was $24.09, down 4.24 percent over the previous 24 hours. SOL was priced at Rs 2,080.00 in India, according to WazirX.

The largest cryptocurrency, Bitcoin, resumed trading on Tuesday after surpassing $30,000 for the first time since June 10, 2022. The most recent banking turmoil alienated investors, who became more confident in the monetary policies of the US central bank. The emotions and other tokens rose sharply in response to the increase in Bitcoin.

Among the leading crypto tokens, Bitcoin was the biggest gainer, rising more than 6% to surpass the $30,000 threshold. Ethereum, its biggest rival, also increased by more than 3% to reach the $1,900 mark. While trading with significant gains, altcoins lagged behind their more well-known counterparts.

For the first time since June of last year, Bitcoin crossed the $30k mark after trading in a narrow range for around 10 days. As of April 11, the cryptocurrency fear and greed index has risen 6 points from yesterday, reaching 68 and leaning towards greed.

With the Wednesday rollout of the Shapella update, Ethereum’s two-year journey to proof of stake will be complete. The market’s attention is still mostly on the withdrawals of staked ETH. Bullish attitude surrounding ETH staking upgrades, which may draw in new investors for rewards, but some worry that a supply overhang may result from the sale of locked-up ETH.

All of the biggest cryptocurrency tokens were trading considerably higher on Tuesday, not just Bitcoin and Ethereum. Each of Solana, Litecoin, and BNB saw price increases of over 4%. Cardano and Solana each saw price increases of over 3%. XRP, Polygon, and Polkadot all had significant increases.

The market capitalization of all cryptocurrencies was trading considerably higher, at over $1.23 trillion, up more than 4% in the previous day. The entire trade volume, however, increased by more than 50% to $45.02 billion.

Crypto Price Today:

Cryptocurrency movements were uneven. The market capitalization of all cryptocurrencies was $1.2 trillion, with $29.7 billion in volume traded in the previous day.

Bitcoin
The biggest and most well-known virtual currency in the world, Bitcoin, increased 0.8 percent to $28,309.7. It was valued at $540.4 billion in the market. $10.7 billion in transaction volume was involved.

Ethereum
Ethererum is the second-largest virtual currency, decreased 0.4 percent to $1,851.2 and has a $224.3 billion market capitalization. In the previous day, $8.2 billion worth of Ethereum was traded.

Dogecoin
A virtual currency based on memes, increased 0.7 percent on Monday. It had a market value of $1 billion. A total of $813.9 million was traded.

Shiba Inu
Shiba Inu market capitalization decreased by 0.5 percent to $6.4 billion. In the previous 24 hours, there were $120.2 million in trades.

Solana
Solana traded unchanged at $20.2 and has a $7.9 billion market cap. In the previous 24 hours, Solana saw trades of $165 million.

Polygon
Polygon market capitalization of $10.1 billion decreased by 1.6 percent. In the previous 24 hours, there were $193.5 million in trades.

Thursday saw a decline in cryptocurrency prices as ethereum and bitcoin pared gains from previous rallies.

In other news, the price of Dogecoin increased by about 36% on Monday, reaching a high of 10.46 cents per token when Elon Musk’s Twitter changed the bird icon on its homepage to a Shiba Inu, the dogecoin cryptocurrency’s mascot. Musk has frequently praised Dogecoin and shared memes that are in favour of the cryptocurrency. His widespread popularity led to a $258 billion racketeering lawsuit against him last June for allegedly operating a pyramid scheme to artificially inflate the price of the meme coin.

Late on Wednesday, DOGE currency fell back towards 9.35; it had been trading at about 7.7 cents before the new design.

Price Movement of Cryptocurrencies

From $28,300 on Wednesday, bitcoin dropped to $28,000 by late on Thursday. Since the beginning of April, Bitcoin has been circling about the $28,000 mark, and its uptrend has slowed after it soared by about 20% in March to post its greatest month since January, when it gained 38.7%. BTC surged to its highest level since June 10 on March 30 when it reached a high of $29,173. The biggest cryptocurrency in the globe has increased by 69% so far in 2018.

Thursday afternoon saw a decline in the price of Ethereum from its peak on Wednesday of $1,941, which was its highest point since mid-August and the first time it has above $1,900 in nine months. The Shanghai upgrade, which is due for April 12 and will complete ETH’s switch from a proof-of-work network to a proof-of-stake network, is gaining momentum.

Investments in digital assets are very erratic. Investors should keep in mind the same primary goals despite potential differences between cryptocurrency’s fundamentals and technical indicators. First, keep yourself safe by understanding when to sell, trim losses, or take profits. Second, get ready to make money if the price of bitcoin starts to increase.

In spite of their initial promise, cryptocurrencies have not proven to be effective inflation hedges. Instead, they have followed the broad indexes’ trajectory. To keep up with daily market movements, read The Big Picture and Market Pulse.

After the nerves over the weekend, Bitcoin was back in the black as Asia arrived at work on Monday. Coinbase, which recently got a notice from the SEC, was closely followed by cryptocurrency traders, who prevented any significant movement in the market.

However, following the most recent US FOMC rate hikes, sentiment in the cryptocurrency markets is still generally positive. Intriguingly, in the current crypto market, liquidity is a major worry.

Following a dip from its failed attempt to exceed the US$28,000 resistance area last week, Bitcoin maintained its consolidation above the $27,000 support level at the start of the week. Bulls, however, appear to be busy close to the $27,000 support.

BTC’s current level of imminent resistance is $28,150; a break above this level could result in another sizable upsurge.

The price of Bitcoin increased by 1% to trade around $28,000, while the price of Ethereum, the biggest peer, increased by more than 0.50% to surge past $1,750. It didn’t quite reach $1,800, though. Altcoin activity stayed inconsistent.

Bitcoin passed the $29,250 resistance level in the cryptocurrency market, consolidated near $27,800, and then began to rise. Given the present bullish trend, it is possible that Bitcoin’s value will increase even further, reaching $29,250 or even $30,700.

On Monday, the major crypto assets traded with a variety of signals. However, the most well-known digital assets’ price movement was restrained. BNB and Polygon were among the gainers, rising by about 1% each, while Dogecoin, Litecoin, and Cardano experienced comparable declines.

The global cryptocurrency market cap was trading with gains at $1.16 trillion, rising as much as a per cent in the last 24 hours. However, the total trading volumes were almost flat, falling just a per cent to $32.05 billion.

The latest developments at Coinbase may keep investors on their toes in the coming weeks and will have a significant impact on investor sentiment.