Cryptocurrency Price on April 26: Bitcoin rises marginally above $64.3K; Solana, Toncoin shed over 2%
Bitcoin, Ethereum, BNB, XRP,
Shiba Inu, Tron, and Chainlink recorded gains, trading up to 3% higher.
Conversely, Ethereum, Solana, Dogecoin, Toncoin, and Cardano saw losses, trading down by up to 2%.
Meanwhile, the global cryptocurrency market cap surged marginally by 0.08% to around $2.37 trillion in the last 24 hours.
Bitcoin was up 0.2% at $64,331 as of 12:13 pm IST, while Ethereum was below the $3,150 level.
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Data on Thursday showed that the US economy grew at its slowest pace in nearly two years in the first quarter, while inflation accelerated, dampening hopes that the Federal Reserve would begin cutting interest rates this year.
CoinDCX Research Team, said, «In the last 24 hours, the crypto market saw a downturn as US GDP data came in lower than expected, coupled with concerns over BTC ETF inflows, particularly from BlackRock, which reported zero inflows for the first time.»
Meanwhile, Rajagopal Menon, Vice President at WazirX, said, «Currently, BTC faces resistance at $64,500, followed by $65k and $65.5k levels.
