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Bitcoin Fell Below $68,000 And Is Moving Toward The $66,250 Support Zone.

By May 30, 20241 minute read

The price of Bitcoin is $67,922.76. There was a 1.12% decrease in its price in the last 24 hours. The 7-day Bitcoin is down by 3.04%.

Ethereum (ETH) is currently trading at $3,775.51. There has been a decrease of 1.83% in its price in the last 24 hours. The 7-day ETH is down by 2.35%.

Technical indicators for Bitcoin show the hourly MACD is losing pace in the bearish zone, while the RSI for BTC/USD is now above the 50 level. Major support levels are identified at $67,100 and $66,250. On the upside, significant resistance levels are positioned at $68,000 and $68,800, indicating potential hurdles for any upward movement.

As of 01:45 PM, 30th May 2024, on WazirX, Bitcoin’s current price is ₹58,67,467. Its price has increased by 0.46% in the last 24 hours. In the past seven days, Bitcoin has decreased by 2.09%.

Ethereum (ETH) is trading at ₹3,23,005, down by 1.46% in the last 24 hours. The 7-day ETH is up 0.40%.

The top gainers on WazirX include Auction (AUCTION), Orchid (OXT), and Bitgert (BRISE), with price increases of 40.75%, 32.1%, and 15.43%, respectively.

However, the tokens that underperformed comprised Floki (FLOKI), Bonk (BONK), and cat in a dogs world (MEW), with a price decrease of 16.16%, 15.66%, and 14.7%, respectively.

Shiba Inu (SHIB) saw a price decrease of 5.2% and is now priced at ₹0.002270. Dogecoin (DOGE) saw a decrease of 2.07% and is now priced at ₹13.8096.

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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