Bitcoin (BTC) dips below $83K mark; broader crypto market displays mixed trends

On the other hand, PI continued its downward trend for the second consecutive day, recording a loss of nearly 7 percent in the past 24 hours.

Bitcoin (BTC) price slipped slightly on Wednesday, falling below the $83,000 mark. The broader cryptocurrency market displayed mixed trends, with major altcoins like Ethereum (ETH), Solana (SOL), Ripple (XRP), and Litecoin (LTC) showing minor gains or losses. The Market Fear & Greed Index was at 23, indicating ‘Fear’ sentiment among investors, as per CoinMarketCap.

Among the biggest market movers, EOS was the top gainer, surging nearly 33 percent in the past 24 hours. On the other hand, PI continued its downward trend for the second day, reporting a loss of almost 7 percent.

Global crypto market performance:

The global cryptocurrency market cap stood at $2.72 trillion, reflecting a 0.35 percent increase over the last 24 hours, as of writing.

Bitcoin (BTC) price update

At press time, Bitcoin was trading at $82,894.92, marking a 24-hour dip of 0.34 percent. In Indian markets, BTC was priced at Rs 72.37 lakh.

Also Read: Bitcoin Price Remains Stable Despite U.S. Inflation Data

Ethereum (ETH) price update

Ethereum registered a modest gain of 1.50 percent in the last 24 hours, trading at $1,935.20. In India, ETH was valued at Rs 1.65 lakh.

Other major cryptocurrencies:

CryptocurrencyPrices (24h change)

Dogecoin (DOGE) $0.1682 (-0.03%)

Litecoin (LTC) $90.25 (+0.10%)

Ripple (XRP) $2.28 (-0.12%)

Solana (SOL) $125.89 (-0.96%)

Top crypto gainers (March 19):

According to CoinMarketCap, the biggest gainers in the past 24 hours include:

CryptocurrencyPrice (24h change)

EOS (EOS)$0.6484 (+32.12%)

Raydium (RAY)$1.94 (+16.02%)

Kava (KAVA)$0.5251 (+8.65%)

Maker (MKR)$1,291.93 (+8.21%)

DeXe (DEXE)$18.25 (+8.06%)

Top crypto losers (March 19):

Conversely, the top losers in the last 24 hours were:

CryptocurrencyPrices (24h change)

Pi (PI)$1.16 (-6.96%)

Cronos (CRO)$0.07773 (-5.18%)

Berachain (BERA)$5.96 (-5.17%)

PancakeSwap (CAKE)$2.39 (-3.05%)

Mantle (MNT)$0.8018 (-2.80%)