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Bitcoin (BTC) Surged 7.54% in 24 hours, Hitting The $65k Mark.

By May 16, 20241 minute read

The price of Bitcoin is $65,801.49. There was a 6.18% increase in its price in the last 24 hours. The 7-day Bitcoin is up by 7.32%.

Ethereum (ETH) is currently trading at $3,008.50. There has been an increase of 3.48% in its price in the last 24 hours. The 7-day ETH is up by 0.34%.

BTC/USD’s hourly MACD indicates bullish momentum is increasing. The hourly RSI has surpassed the 50 level, suggesting strengthening buying pressure. Key support levels stand at $65,150 and $64,500, while resistance levels are at $66,400, $66,800, and $67,200, delineating potential price movements in the immediate future.

As of 01:00 AM, 16th May 2024, on WazirX, Bitcoin’s current price is ₹57,34,270. Its price has increased by 6.02% in the last 24 hours. In the past seven days, Bitcoin has increased by 7.39%.

Ethereum (ETH) is trading at ₹2,61,500, up by 0.82% in the last 24 hours. The 7-day ETH is up 1.72%.

The top gainers on WazirX include Fantom (FTM), Chromia (CHR), and WAX (WAXP), with price increases of 21.5%, 20.18%, and 16.13%, respectively.

However, the tokens that underperformed comprised Qtum (QTUM), Pepe (PEPE), and Optimism (OP), with a price decrease of 9.32%, 8.6%, and 7.57%, respectively.

Shiba Inu (SHIB) saw a price increase of 5.36% and is now priced at ₹0.002211. Dogecoin (DOGE) saw a decrease of 5.23% and is now priced at ₹13.4798.

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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