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BTC’s Price Decline Triggered A Broader Altcoin Sell-Off.

By June 26, 20241 minute read

The price of Bitcoin is $61,943.02. Its price increased by 0.99% in the last 24 hours, but the 7-day Bitcoin is down by 5.22%.

Ethereum (ETH) is currently trading at $3,395.13. Its price has increased by 0.40% in the last 24 hours, and the 7-day ETH is down by 4.80%.

Bitcoin’s (BTC) technical indicators show positive momentum. The hourly MACD is gaining pace in the bullish zone, while the hourly RSI (Relative Strength Index) is now above the 50 level, indicating strength. Major support levels are $60,500 and $60,000, providing a safety net for potential declines. On the upside, major resistance levels are at $62,500 and $63,000, which BTC has the potential to surpass for further gains.

As of 9:00 AM, June 26, 2024, on WazirX, Bitcoin’s current price is ₹56,09,093. Its price has increased by 1.11% in the last 24 hours and decreased by 5.47% in the past seven days.

Ethereum (ETH) is trading at ₹3,05,468, up by 0.90% in the last 24 hours. The 7-day ETH is down 4.41%.

The top gainers on WazirX include WOO Network (WOO), Icon (ICX), and Bluzelle (BLZ), with price increases of 21.11%, 17.61%, and 15.12%, respectively.

However, the tokens that underperformed comprised Radicle (RAD), Yield Guild Games (YGG), and Auction (AUCTION), with a price decrease of 12.73%, 11.55%, and 10.35%, respectively.

Shiba Inu (SHIB) saw a 2.53% price increase and is now priced at ₹0.001618. Dogecoin (DOGE) saw a 2.26% price increase and is now priced at ₹11.4423.

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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