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BTC Trades Near $60k Faces Selling Pressure And Market Volatility

By June 27, 20241 minute read

The price of Bitcoin is $60,753.85. Its price decreased by 1.50% in the last 24 hours, but the 7-day Bitcoin is down by 7.55%.

Ethereum (ETH) is currently trading at $60,753.85. Its price has decreased by 0.77% in the last 24 hours, and the 7-day ETH is down by 6.28%.

Technical indicators for BTC/USD show the hourly MACD gaining momentum in the bearish zone. The hourly RSI, below the 50 level, indicates weakening buying momentum. The $60,500 and $60,000 support levels are key, while resistance levels stand at $62,000 and $62,500.

As of 1:30 PM, June 27, 2024, on WazirX, Bitcoin’s current price is ₹55,00,600. Its price has decreased by 0.92% in the last 24 hours and decreased by 7.75% in the past seven days.

Ethereum (ETH) is trading at ₹3,03,354, down by 0.47% in the last 24 hours. The 7-day ETH is down 6.47%.

The top gainers on WazirX include Beta Finance (BETA), Radicle (RAD), and Vulcan Forged PYR (PYR), with price increases of 36.9%, 12.09%, and 10.02%, respectively.

However, the tokens that underperformed comprised Cream Finance (CREAM), Ardor (ARDR), and Bluzelle (BLZ), with a price decrease of 16.01%, 11.62%, and 10.83%, respectively.

Shiba Inu (SHIB) saw a 4.99% price decrease and is now priced at ₹0.001523. Dogecoin (DOGE) saw a 2.66% price decrease and is now priced at ₹11.0000.

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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