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Bitcoin’s Price Rise Up To $66,750 Saw An Increase In Liquidations.

By May 17, 20241 minute read

The price of Bitcoin is $66,322.20. There was a 0.28% increase in its price in the last 24 hours. The 7-day Bitcoin is up by 5.46%.

Ethereum (ETH) is currently trading at $3,025.66. There has been an increase of 0.29% in its price in the last 24 hours. The 7-day ETH is down by 0.39%.

Technical indicators reveal a slowing hourly MACD in the bullish zone, while the RSI for BTC/USD remains above 50. Key support levels are at $65,150 and $63,800. On the upside, major resistance levels are $66,000, $66,500, and $67,200. These levels will be crucial in determining Bitcoin’s next move in the market.

As of 01:30 PM, 17th May 2024, on WazirX, Bitcoin’s current price is ₹57,83,157. Its price has increased by 4.60% in the last 24 hours. In the past seven days, Bitcoin has increased by 5.12%.

Ethereum (ETH) is trading at ₹2,62,010, up by 1.17% in the last 24 hours. The 7-day ETH is up 0.58%.

The top gainers on WazirX include Chainlink (LINK), Loom Network (LOOM), and Polymesh (POLYX), with price increases of 17.47%, 15.84%, and 15.53%, respectively.

However, the tokens that underperformed comprised (ETHFI), Frontier (FRONT), and Radicle (RAD), with a price decrease of 10.77%, 9.49%, and 8.22%, respectively.

Shiba Inu (SHIB) saw a price decrease of 1.67% and is now priced at ₹0.002168. Dogecoin (DOGE) saw a decrease of 2.36% and is now priced at ₹13.1805.

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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