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Bitcoin (BTC) Price Today – October 4; BTC Dips Below $62,000 Mark, ETH Falls Below $2,400

Barbara Streisand
Barbara StreisandOriginal
2024-10-04 15:48:15605browse

Bitcoin (BTC), the world's oldest and most valued cryptocurrency, remained below the $62,000 mark early Thursday.

Bitcoin (BTC) Price Today – October 4; BTC Dips Below ,000 Mark, ETH Falls Below ,400

Bitcoin (BTC) price fell below the $62,000 mark early Thursday, while Ethereum (ETH), Dogecoin (DOGE), Solana (SOL), Ripple (XRP), and Litecoin (LTC) landed in the reds across the board.

At the time of writing, Bitcoin price stood at $60,985.07, registering a 24-hour dip of 0.61 percent, as per CoinMarketCap. According to Indian exchanges, BTC price stood at Rs 54.06 lakh.

ETH price stood at $2,367.03, marking a 24-hour loss of 1.15 percent at the time of writing. Ethereum price in India stood at Rs 2.21 lakh.

DOGE price saw a 24-hour jump of 0.88 percent, as per CoinMarketCap data, and was priced at $0.1068. Dogecoin price in India stood at Rs 10.30.

Litecoin saw a 24-hour gain of 0.44 percent. At the time of writing, it was trading at $64.09. LTC price in India stood at Rs 5,725.42.

XRP price stood at $0.5255, seeing a 24-hour dip of 2.36 percent. Ripple price in India stood at Rs 54.14.

Solana price stood at $137.71, marking a 24-hour loss of 3.29 percent. SOL price in India stood at Rs 12,236.74.

Top Crypto Gainers Today (October 4)

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

* Flare (FLR)

Price: $0.0173324-hour gain: 17.54 percent

* Wormhole (W)

Price: $0.344724-hour gain: 7.97 percent

* Stacks (STX)

Price: $1.8324-hour gain: 5.47 percent

* Aptos (APT)

Price: $8.2024-hour gain: 5.26 percent

* eCash (XEC)

Price: $0.0000344924-hour gain: 3.67 percent

Top Crypto Losers Today (October 4)

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

* Sui (SUI)

Price: $1.6524-hour loss: 14.96 percent

* Bonk (BONK)

Price: $0.000019924-hour loss: 12.62 percent

* Conflux (CFX)

Price: $0.161124-hour loss: 11.87 percent

* Sei (SEI)

Price: $0.384624-hour loss: 10.76 percent

* dogwifhat (WIF)

Price: $2.0324-hour loss: 9.45 percent

What Crypto Exchanges Are Saying About Current Market Scenario

Mudrex co-founder and CEO Edul Patel told ABP Live, “Bitcoin is trading within a tight range of $60,000 to $61,000 as investors await further geopolitical clarity. BTC’s support level remains at $60,000 and resistance at $61,500. With Blackrock’s report stating that Bitcoin’s volatility has significantly decreased and will continue to do so over time, investor’s confidence in BTC remain strong. On the other hand, Ethereum is also facing a sell-off, correcting by 10% in one week, currently trading at 2,350 levels.”

Sathvik Vishwanath, CEO and co-founder of Unocoin, said, “According to CoinMarketCap's quarterly report, three key US-related factors will affect the price of Bitcoin in Q4. BTC is currently trading at $60,954, down 0.81%, with support at $60,000 and resistance at $64,000. First, macroeconomic conditions, particularly the Federal Reserve's rate decisions and signs of a recession, could limit Bitcoin's growth. Second, US regulatory policy on cryptocurrencies could either boost or dampen market enthusiasm. Finally

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