![Cryptocurrency Price on March 23: Bitcoin holds near $66,200; BNB, XRP jump over 5%](https://img.etimg.com/thumb/msid-108699836,width-210,height-158,imgsize-119946,resizemode-75/cryptocurrency-price-on-march-23-bitcoin-holds-near-66200-bnb-xrp-jump-over-5.jpg)
However, over the last 24 hours, Bitcoin experienced a slight decline, with its latest trading price showing a 0.3% decline to $66,190 as of 10:58 am IST. It also touched an intraday low of $64,580.
"Bitcoin slipped to $65,000 level amid a stronger US dollar which might be due to the Swiss central bank cutting interest rate by 25 basis points," said Edul Patel, CEO of Mudrex.
Other popular altcoins such as BNB (5.5%), XRP (5.8%), Cardano (1.5%), Avalanche (3%), Dogecoin (5%), Shiba Inu (4.1%), and Toncoin (3.2%) surged. On the other hand, Solana fell 4%. Meanwhile, the global cryptocurrency market cap increased 0.3% to around $2.52 trillion in the last 24 hours.
The total volume in DeFi is currently $10.56 billion, 9.25% of the total crypto market 24-hour volume. The volume of all stablecoins is now $102.4 billion, which is 89.71% of the total crypto market 24-hour volume, as per data available on CoinMarketCap.
In the last 24 hours, the market cap of Bitcoin, the world's largest cryptocurrency, fell to $1.3 trillion. Bitcoin's dominance is currently 51.67%, according to CoinMarketCap. BTC volume in the last 24 hours fell 31.6% to $41.4 billion.
Tech view by Rajagopal Menon, Vice President at WazirX
BTC's Exponential Moving Average for a 10-day EMA indicates “Sell” at 66760, and a 200-day EMA indicates “Buy” at 45003. The Simple Moving Average for a 10-day SMA indicates “Sell” at 67642, and a 200-day SMA indicates “Buy” at 41403.
The Relative Strength Index (14) sits at 53, indicating “Neutral”. The Stochastic %K (14, 3, 3) at 44 indicates “Neutral,” and the Average Directional Index (14) at 38 indicates a “Neutral” outlook.
The MACD Level (12, 26), at 2296, indicates “Sell”. The Stochastic RSI Fast (3, 3, 14, 14) at 22 indicates ‘Neutral’, and William's Percentage at -60 indicates ‘Neutral’.
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
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Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.
Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price