Home Business & Economy Cryptocurrency Price 1 Feb: Bitcoin, Ethereum See Gains Ahead Of Union Budget

Cryptocurrency Price 1 Feb: Bitcoin, Ethereum See Gains Ahead Of Union Budget

Cryptocurrency price on February 1 quick take: The global market cap stood at $1.05 trillion as Finance Minister Nirmala Sitharaman prepares to present the Union Budget.

by News Desk
0 comment

Bitcoin (BTC) and Ethereum (ETH), two of the most popular crypto coins, managed to register gains ahead of the Union Budget 2023, set to be presented by Finance Minister Nirmala Sitharaman today. Other popular altcoins — including the likes of Dogecoin (DOGE), Solana (SOL), Ripple (XRP), and Litecoin (LTC) — managed to see a mix of gains and losses across the board.

The dYdX (DYDX) token emerged to be the biggest gainer, with a 24-hour jump of over 34 percent. Aptos (APT), on the other hand, became the top loser with a 24-hour dip of over 2 percent. 

The global crypto market cap stood at $1.05 trillion at the time of writing, registering a minor 24-hour gain of 0.91 percent.

Bitcoin (BTC) price today

Bitcoin price stood at $23,110.95, registering a 24-hour gain of 1.07 percent, as per CoinMarketCap. According to Indian exchange WazirX, BTC price stood at Rs 19.50 lakhs.

Ethereum (ETH) price today

ETH price stood at $1,584.18, marking a 24-hour jump of 0.92 percent at the time of writing. As per WazirX, Ethereum price in India stood at Rs 1.33 lakhs.


Dogecoin (DOGE) price today

DOGE registered a 24-hour gain of 0.79 percent, as per CoinMarketCap data, currently priced at $0.09307. As per WazirX, Dogecoin price in India stood at Rs 7.80.

Litecoin (LTC) price today

Litecoin saw a 24-hour gain of 1.37 percent. At the time of writing, it was trading at $97.02. LTC price in India stood at Rs 8,190.

Ripple (XRP) price today

XRP price stood at $0.4027, seeing a 24-hour gain of 2.90 percent. As per WazirX, Ripple price stood at Rs 33.90.

Solana (SOL) price today

Solana price stood at $23.87, marking a 24-hour loss of 0.70 percent. As per WazirX, SOL price in India stood at Rs 2,051. 

Top crypto gainers today (February 1)

As per CoinMarketCap data, here are the top five crypto gainers over the past 24 hours:


Price: $3.18
24-hour gain: 34.23 percent

Threshold (T)

Price: $0.05143
24-hour gain: 26.01 percent

Render Token (RNDR)

Price: $1.50
24-hour gain: 25.24 percent

Fantom (FTM)

Price: $0.5245
24-hour gain: 11.03 percent


Price: $0.521
24-hour gain: 10.69 percent

Top crypto losers today (February 1)

As per CoinMarketCap data, here are the top five crypto losers over the past 24 hours:

Aptos (APT)

Price: $16.49
24-hour loss: 2.64 percent

Mina (MINA)

Price: $0.8256
24-hour loss: 1.61 percent

Dash (DASH)

Price: $60.56
24-hour loss: 1.41 percent

Hedera (HBAR)

Price: $0.06397
24-hour loss: 1.33 percent


Price: $37.41
24-hour loss: 1.10 percent

What crypto exchanges are saying about the current market scenario

Mudrex co-founder and CEO Edul Patel told ABP Live, “On Tuesday, Bitcoin and Ethereum continued to trade in a narrow range as investors await the US Federal Reserve’s decision and India’s Union Budget today. BTC was seen trading at the $23,100 mark, with a slight increase of 1.5 percent in the past 24 hours, recovering from a minor dip and eyeing its next target. Despite a lack of significant profits over the past week, BTC is holding steady.

Meanwhile, Ethereum was trading at the $1,580 level and showed signs of improvement after bouncing back from its earlier lows. The next challenge for ETH would be to reach the $1,600 level.”

Sathvik Vishwanath, CEO and co-founder of Unocoin said, “The price of Bitcoin is currently $23,158, with a market cap of $22 billion and a market cap of $445 billion. Bitcoin price may drop to $22,600 or $22,350 if the $23,000 support level is broken.

Investing in buying positions above $23,000 is recommended with a target price of $23,550 or $24,000. Dogecoin supporters continue to aim for a medium to long-term price of $1.”

You may also like

Leave a Comment

Pro Indian provides Latest News, India News. Read Live Breaking News from India. Stay Up-to-date with Top news in India, current headlines, photos and live coverage on entertainment, business, politics, sports, technology and more.

Edtior's Picks

Latest Articles

Copy Rights © 2022. All Right Reserved.