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Bitcoin Surged Past $69k, Hinting At Potential Bullish Attempts.

By May 27, 20241 minute read

The price of Bitcoin is $68,553.32. There was a 1.00% decrease in its price in the last 24 hours. The 7-day Bitcoin is up by 2.65%.

Ethereum (ETH) is currently trading at $3,910.40. There has been an increase of 3.31% in its price in the last 24 hours. The 7-day ETH is down by 26.5%.

Bitcoin’s technical indicators depict a weakening bearish trend, with the hourly MACD losing momentum and the RSI for BTC/USD dipping below the 50 level, suggesting possible downward momentum. Key support levels lie at $67,500 and $67,000, while resistance levels stand at $69,100 and $69,500, indicating pivotal points for price movement.

As of 03:00 PM, 27th May 2024, on WazirX, Bitcoin’s current price is ₹59,91,597. Its price has decreased by 1.11% in the last 24 hours. In the past seven days, Bitcoin has increased by 2.38%.

Ethereum (ETH) is trading at ₹3,40,997, up by 4.03% in the last 24 hours. The 7-day ETH is up 25.81%.

The top gainers on WazirX include JasmyCoin (JASMY), Floki (FLOKI), and Kyber Network Crystal v2 (KNC), with price increases of 22.59%, 13.85%, and 13.1%, respectively.

However, the tokens that underperformed comprised Cream Finance (CREAM), Audius (AUDIO), and Toncoin (TON), with a price decrease of 13.22%, 8.41%, and 7.13%, respectively.

Shiba Inu (SHIB) saw a price increase of 0.6% and is now priced at ₹0.002164. Dogecoin (DOGE) saw a decrease of 2.5% and is now priced at ₹14.1431.

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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