Cryptocurrency Price Today (April 23): Bitcoin Rises Above $93,000, DEEP Jumps Nearly 125%
Bitcoin (BTC), the world’s oldest and most valued crypto, managed to rise above the $93,000 mark early Wednesday, thanks to a major uptick in institutional buying. Other popular altcoins — including the likes of Ethereum (ETH), Solana (SOL), Ripple (XRP), and Litecoin (LTC) — landed in the greens as the overall Market Fear & Greed Index stood at 52 (Neutral) out of 100, as per CoinMarketCap data. The DeepBook Protocol (DEEP) token became the top gainer, with a 24-hour jump of nearly 125 percent. Tether Gold (XAUt) became the biggest loser, with a 24-hour loss of over 4 percent.
The global crypto market cap stood at $2.93 trillion at the time of writing, registering a 24-hour jump of 6.41 percent.
Bitcoin (BTC) Price Today
Bitcoin price stood at $93,529.67, registering a 24-hour jump of 5.89 percent, as per CoinMarketCap. According to Indian exchanges, BTC price stood at Rs 73.34 lakh.
Ethereum (ETH) Price Today
ETH price stood at $1,799.92, marking a 24-hour gain of 13.80 percent at the time of writing. Ethereum price in India stood at Rs 1.38 lakh.
Dogecoin (DOGE) Price Today
DOGE registered a 24-hour jump of 13.13 percent, as per CoinMarketCap data, currently priced at $0.1825. Dogecoin price in India stood at Rs 13.24.
Litecoin (LTC) Price Today
Litecoin saw a 24-hour gain of 7.26 percent. At the time of writing, it was trading at $84.32. LTC price in India stood at Rs 6,727.30.
Ripple (XRP) Price Today
XRP price stood at $2.22, seeing a 24-hour jump of 6.89 percent. Ripple price in India stood at Rs 179.83.
Solana (SOL) Price Today
Solana price stood at $151.09, marking a 24-hour gain of 8.50 percent. SOL price in India stood at Rs 11,898.04.
Top Crypto Gainers Today (April 23)
As per CoinMarketCap data, here are the top five crypto gainers over the past 24 hours:
DeepBook Protocol (DEEP)
Price: $0.2068
24-hour gain: 124.11 percent
Immutable (IMX)
Price: $0.6533
24-hour gain: 39.46 percent
Sui (SUI)
Price: $2.92
24-hour gain: 30.89 percent
Bonk (BONK)
Price: $0.00001596
24-hour gain: 27.38 percent
Walrus (WAL)
Price: $0.5117
24-hour gain: 24.68 percent
Top Crypto Losers Today (April 23)
As per CoinMarketCap data, here are the top five crypto losers over the past 24 hours:
Tether Gold (XAUt)
Price: $3,372.50
24-hour loss: 4.08 percent
PAX Gold (PAXG)
Price: $3,369.40
24-hour loss: 3.96 percent
UNUS SED LEO (LEO)
Price: $9.07
24-hour loss: 1.28 percent
JasmyCoin (JASMY)
Price: $0.01422
24-hour loss: 4.37 percent
Ethereum Classic (ETC)
Price: $15.48
24-hour loss: 4.34 percent
What Crypto Exchanges Are Saying About Current Market Scenario
Alankar Saxena, CTO and co-founder, Mudrex, told ABP Live, “The Crypto market saw a strong breakout, with Bitcoin trading at $93,000 and major altcoins like Ethereum, Solana, and XRP gaining up to 13% in a day. This rally is largely driven by increased institutional buying, with Bitcoin spot ETFs seeing net inflows reach a multi-month high of over $700 million, totalling over $1 billion in inflows this week alone. Additionally, the Fear and Greed Index now stands at ‘Neutral’, indicating that retail investors are re-entering the markets. Another bullish metric is the decline in exchange inflows, suggesting reduced selling pressure, helping build momentum. If bulls stay in control, a move towards $100k is expected, with the support moving up to $88,000.”
CoinSwitch Markets Desk noted, “Bitcoin surged past $93,000, marking a nearly 7% increase and reaching its highest level since early March. Ethereum experienced a significant gain of nearly 13% in the past 24 hours. While Bitcoin led the crypto rally, other major cryptocurrencies like XRP and Solana (SOL) showed mixed performances. XRP displayed patterns indicating a potential significant price movement, as volatility indicators mirrored those from late 2024. Solana led gains among major altcoins with a 6% increase, driven by renewed investor interest.”
Avinash Shekhar, Co-founder & CEO, Pi42, said, “The crypto market is undergoing a robust rally, with Bitcoin reaching a six-week high around $94,000. This is driven by several bullish influences, such as rising hopes for Federal Reserve policy changes, technical signals like the golden cross, and rising institutional demand. There is an optimism in the market for Bitcoin that it will likely hit new all-time highs on fears of Fed independence, supporting the bullish sentiment.”
Sathvik Vishwanath, CEO and co-founder of Unocoin, said, “Bitcoin surged past $93K today, marking strong bullish momentum with a 5.6% daily gain. The breakout from the $88K resistance has triggered renewed buying interest, backed by institutional inflows and macro optimism. However, RSI is nearing overbought at 78, hinting at a possible short-term cooldown. Whales have strategically opened large shorts near $92.5K with 6x leverage, signaling expectations of a pullback. If BTC sustains above $91K, it may target $95K next. A drop below $90.5K could test $88K again. Market participants should stay cautious as U.S. trading hours may bring volatility and decisive moves in either direction.”
Shivam Thakral, CEO of BuyUcoin, said, “Bitcoin seems to be preparing for its next rally as it breaks above the $90,000 mark. The shaky US markets and soaring gold prices have positioned BTC and other digital assets as a lucrative option to protect wealth from global uncertainties. The macroeconomic uncertainty is fuelling interest in assets that are decentralized and immune from government actions. We are witnessing strong institutional inflows that will sustain the momentum in the BTC prices in the coming weeks.”
CoinDCX Research Team noted, “Bitcoin jumped with flying colours after gaining over 8% and bragged in above $93,000 before the day’s close. Meanwhile, the bears continue to remain passive suggesting there could be more room for the bulls to thrive. Besides, altcoins have also closely followed the start token and attracted massive gains, while memecoin surged with a huge margin of over 20% to 25%. The global market capitalisation surged over $2.9 trillion while the trading volume increased by over 45% in the past 24 hours. Among the top gainers are DeepBook Protocol (DEEP) with over 125% jump, followed by Immutable (IMX), Bonk (BONK), Sui (SUI) and Walrus (WAL).”
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Disclaimer: Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Cryptocurrency is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Cryptocurrency market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.
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