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Bitcoin Struggles To Break The $70k Mark Due To Limited Purchasing Power.

By June 13, 2024June 18th, 20241 minute read

The price of Bitcoin is $67,604.25. Its price increased by 0.31% in the last 24 hours, but the 7-day Bitcoin is down by 4.60%.

Ethereum (ETH) is currently trading at $3,508.25. Its price has decreased by 0.16% in the last 24 hours, and the 7-day ETH is down by 8.61%.

Technical indicators show that the daily MACD is losing momentum in the bearish zone, while the daily RSI for BTC/USD has fallen below the 50 level but stands neutral. The 10-day Exponential Moving Average (EMA) indicates “Sell” at 68676, and a 200-day EMA indicates “Buy” at 57180. The 10-day Simple Moving Average (SMA) indicates “Sell” at 69353, and a 200-day SMA indicates “Buy” at 56214.

As of 02:30 PM, June 13, 2024, on WazirX, Bitcoin’s current price is ₹60,41,058. Its price has decreased by 0.57% in the last 24 hours and decreased by 4.72% in the past seven days.

Ethereum (ETH) is trading at ₹3,13,562, down by 0.39% in the last 24 hours. The 7-day ETH is down 8.86%.

The top gainers on WazirX include Bakery Token (BAKE), Omni Network (OMNI), and Illuvium (ILV), with price increases of 30.74%, 15.44%, and 12.31%, respectively.

However, the tokens that underperformed comprised Curve DAO Token (CRV), Ardor (ARDR), and Venus (XVS), with a price decrease of 21.99%, 13%, and 11.76%, respectively.

Shiba Inu (SHIB) saw a price decrease of 2.9% and is now priced at ₹0.001942. Dogecoin (DOGE) saw an increase of 0.23% and is now priced at ₹12.7000.

Happy Trading 🚀

Disclaimer: Cryptocurrency is not a legal tender and is currently unregulated. Kindly ensure that you undertake sufficient risk assessment when trading cryptocurrencies as they are often subject to high price volatility. The information provided in this section doesn't represent any investment advice or WazirX's official position. WazirX reserves the right in its sole discretion to amend or change this blog post at any time and for any reasons without prior notice.
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