Crypto Price Today: Bitcoin prices steady above $61k as buying returns. Ethereum, BNB, Solana, Dogecoin gain up to 3%
Bitcoin prices saw stable trading on Wednesday, gaining marginally by 1% to $61,598 around 12 pm India time. Other major crypto coins traded with a positive bias too. Among them were Etehreum, BNB, Solana, Dogecoin, Tron, Cardano, Shiba Inu and Avalanche which were up by up to 3% around this time.
A few of them were also on the losing side viz. XRP, Polygon, XRP and Toncoin which were down by 1.5%.
«Bitcoin continues to hold the $61,000 mark and is expected to test $70,000 again,» a CoinSwitch Markets Desk note said. The overall market structure remains perfectly in balance for both bulls and bears to make their respective cases, it said while holding that it would need significant selling to break the 4-month low of $56,500.
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Even as the BTC has been feeling selling pressure due to negative ETF flows and poor macro data from prior weeks, altcoins have held on to their forts.
«In altcoins, memecoins continued to dominate the top movers of the day, with Coinbase L2’s leading memecoin, BRETT, and Ethereum’s PEPE topping the charts. Both
