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Bitcoin's market capitalisation stood at $1.88 trillion, the highest among the cryptocurrencies

SI ReporterNew Delhi

3 min read Last Updated : Apr 30 2025 | 11:37 AM IST

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Bitcoin (BTC) continues to remain range-bound and hovers near the $95,000 mark. Though it has scaled past the $95,400 levels, Bitcoin has not yet breached its major resistance at the $96,000 levels.

 

At 11:04 AM on Wednesday, April , the flagship currency was quoted trading at around $95,071.11 levels, higher by 0.75 per cent. The world’s most popular cryptocurrency has a 24-hour trading volume of $26.27 billion. Bitcoin's market capitalisation stood at $1.88 trillion, the highest among the cryptocurrencies.

 

Bitcoin has traded in the range of $93,498.21 to $95,598.49 in the last 24 hours, according to data from CoinMarketCap. 

Analysts see breakout potential amid market consolidation

Bitcoin, Piyush Walke – derivatives research analyst, Delta Exchange, said, is currently in a consolidation phase, with potential for significant price movement. "The upper boundary is positioned close to the peak of its recent trading range, indicating that a breakout above $96,000 may be imminent if the upward momentum continues. Prices remain elevated, and the market appears to be positioning for another move higher," said Walke. 

ALSO READ: Bitcoin holds steady above $94k; will it break through $96k resistance?