Crypto Price Today December 29 Check Global Market Cap Bitcoin BTC Ethereum Doge Solana Litecoin BSV Optimism ABP Live TV

Bitcoin (BTC), the world's oldest and most valuable cryptocurrency, fell below $43,000 early Friday as its total market capitalization fell past $1.7 trillion on Thursday. Popular altcoins – including Ethereum (ETH), Ripple (XRP), Litecoin (LTC), Solana (SOL) and Dogecoin (DOGE) – ended up in the red across the board. Bitcoin SV (BSV) remained the biggest gainer for the second day in a row with a 24-hour jump of over 7 percent. Optimism (OP) proved to be the biggest loser with a 24-hour decline of over 15 percent.

The global cryptocurrency market cap was $1.67 trillion at the time of writing, representing a 24-hour loss of 1.92 percent.

Bitcoin (BTC) price today

According to CoinMarketCap, Bitcoin price was at $42,690.05, down 2.02 percent in 24 hours. According to Indian exchange WazirX, the BTC price was at Rs 37.06 lakh.

Ethereum (ETH) price today

At the time of writing, ETH price was at $2,350.31, a 24-hour loss of 3.03 percent. According to WazirX, Ethereum price in India was at Rs 2.04 lakh.

Dogecoin (DOGE) price today

DOGE saw a 24-hour decline of 2.90 percent and is currently at $0.092, according to CoinMarketCap data. According to WazirX, Dogecoin price in India was at Rs 8.07.

Litecoin (LTC) price today

Litecoin recorded a 1.12 percent increase in 24 hours. At the time of writing, the transaction price was $77.07. The LTC price in India was Rs 6,700.

Ripple (XRP) price today

XRP price was at $0.6318, a 24-hour loss of 1.78 percent. According to WazirX, Ripple price was at Rs 54.83.

Solana (SOL) price today

Solana price was at $104.71, down 0.11 percent in 24 hours. According to WazirX, SOL price in India was Rs 9,167.79.

Top Crypto Gainers Today (December 29)

According to CoinMarketCap data, here are the five crypto winners from the last 24 hours:

Bitcoin SV (BSV)

Price: $82.50
24 hour profit: 7.75 percent

Uniswap (UNI)

Price: $7.65
24 hour profit: 3.20 percent

Helium (HNT)

Price: $6.72
24 hour profit: 2.20 percent

Kaspa (KAS)

Price: $0.1106
24 hour profit: 1.95 percent

Coat (MNT)

Price: $0.637
24 hour profit: 1.61 percent

Top Crypto Losers Today (December 29)

According to CoinMarketCap data, here are the top five crypto losers in the last 24 hours:

Optimism (OP)

Price: $3.46
24 hour loss: 15.24 percent

BitTorrent (New) (BTT)

Price: $0.000001205
24 hour loss: 14.23 percent

FTX token (FTT)

Price: $2.93
24 hour loss: 13.99 percent

Lido DAO (LDO)

Price: $2.61
24 hour loss: 11.34 percent

Arbitrage (ARB)

Price: $1.44
24 hour loss: 11.05 percent

What crypto exchanges say about the current market scenario

Edul Patel, co-founder and CEO of Mudrex, told ABP Live: “Bitcoin attempted to break above $43,700 yesterday but encountered resistance near $44,000. Profit booking ahead of the new year saw it fall below $43,200. The current consolidation level is $42,500, with immediate resistance at $43,000. A successful close above this level could push the price higher while support lies at $42,150.”

Sathvik Vishwanath, CEO and co-founder of Unocoin, said: “Bitcoin is currently facing a key point at $42,854, which is a critical moment for possible price movement.” The immediate resistance levels at $44,038, $44,693 and $45,973 pose significant obstacles Conversely, support lies at $41,714 with additional reserves at $40,653 and $39,520 against possible bearish moves. The Relative Strength Index (RSI) of 43 indicates bearish sentiment falling below the mid-50s. A bearish engulfing candle below the 50-day EMA at $43,000 reinforces the bearish trend. The two-day support level at $40,600 is crucial as a break could trigger a significant downtrend. Bitcoin’s overall trend appears to be bearish below $43,000, driven by the RSI, 50 EMA and observed chart patterns. Monitoring key levels is crucial as $41,714 is the key support and a possible reversal above $43,000 will change the bearish scenario.”

Shivam Thakral, CEO of BuyUcoin, said: “The latest action by the FIU demonstrates the government’s commitment to creating a safe and regulated digital asset ecosystem in India. The main aim of this measure is to protect investors and prevent the illegal use of digital assets. The decision to include foreign crypto exchanges as reporting entities is a crucial step and was highly anticipated by experts. The biggest impact will be on trading activities on the foreign crypto exchanges and there could be a significant shift in trading volumes towards Indian exchanges that are FIU compliant. I think the government should take a calculated approach in blocking URLs of foreign crypto exchanges as many Indian traders may have their digital assets stored on such exchanges.”

The CoinDCX research team told ABP Live: “In the last 24 hours, BTC recorded a 2% decline and ETH recorded a decline of more than 1%.” BTC has been moving sideways in the $41,900 and $44,500 range over the past few days and is currently at the support of the slope trend line. If it holds at this level, there may be a chance of reaching the resistance at $44,500 again. ETH is currently below the $2,380 resistance level and appears bullish on the lower time frame as it remains above the 20 EMA D.”

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Disclaimer: Crypto products and NFTs are unregulated and can be very risky. There may be no regulatory recourse for any losses arising from such transactions. Cryptocurrency is not legal tender and is subject to market risks. Readers are advised to seek professional advice and carefully read the offering documents and related relevant literature on the subject before making any type of investment. Cryptocurrency Market forecasts are speculative and any investment made is at the sole expense and risk of the readers.

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