Bitcoin Price at $92,410 Today: Crypto Markets Volatility

On April 24, Bitcoin opened trading at the $93,000 level, with CoinDCX describing it as “price consolidation around recent gains.” As the largest cryptocurrency by market capitalization, Bitcoin maintains a dominant 63.55% share in the crypto market—up 0.23% over the past 24 hours, according to CoinMarketCap.

By around 9:30 AM, the price had dipped slightly to $92,410.81, reflecting a 0.78% decline. Its market capitalization was recorded at $1.83 trillion, with a 24-hour trading volume of $37.7 billion.

Ryan Lee, Chief Analyst at Bitget Research, attributed the recent rise to $93,000 to easing trade tensions. However, he noted resistance near $91,275, which corresponds to the average cost basis of short-term holders. “This overlap suggests potential selling pressure as traders seek to break even,” Lee said. “While the recent price action seems optimistic, futures premiums remain subdued and options skews are neutral, signaling cautious sentiment rather than strong bullish conviction.” Lee recommends investors monitor macroeconomic indicators and market liquidity, as these will likely steer Bitcoin’s short-term trajectory.

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Crypto Market Overview: Ether, Solana, Tether — April 24

As of 9:40 AM on April 24, most major cryptocurrencies showed minor declines. The global crypto market cap stood at $2.9 trillion, marking a 0.92% drop in the last 24 hours, according to CoinMarketCap.

Ethereum (ETH), the second-largest cryptocurrency, was priced at $1,763.11, with a market cap of $212.83 billion and a trading volume of $20.01 billion. Avinash Shekhar, Co-founder and CEO of Pi42, highlighted that Bitcoin, Ethereum, and Dogecoin were affected by Donald Trump's recent reversal on China tariffs.

Tether (USDT), the USD-pegged stablecoin, remained steady at $1, with a market cap of $145.65 billion and trade volume at $83.47 billion.

Solana (SOL), a popular meme token favored by US President Donald Trump, was priced at $148.02, boasting a market cap of $76.57 billion and a trading volume of $4.6 billion.

CoinDCX's research team pointed to significant momentum in the official Trump meme coin, $TRUMP, which exhibited “massive bullish candles” following Trump’s announcement of a dinner with crypto industry leaders. CoinSwitch Markets Desk reported a 60% surge in $TRUMP. As of now, the token is trading at $11.99, up 27.80%, with a market cap of $2.39 billion and trading volume of $4.85 billion.

Expert Opinions: Steady Prices, But Cautious Outlook

Edul Patel, Co-founder and CEO of Mudrex, said Bitcoin was holding firm around the $93,500 mark, aligning with a robust 12% rally over the past week. He expects prices to stabilise, depending on macroeconomic indicators like US jobless claims data.

“Today’s jobless claims data could influence near-term sentiment. Bitcoin is now facing resistance at $96,300, while $91,700 serves as immediate support,” Patel added.

Shekhar echoed a cautious tone, stating, “Bitcoin’s trend leans upward, but geopolitical risks and shifting macroeconomic conditions make the climb precarious. Traders are weighing short-term gains against long-term sustainability, with global factors capable of rapidly altering bullish momentum.”

On the more optimistic end, Piyush Walke, Derivatives Research Analyst at Delta Exchange, believes Bitcoin is consolidating recent gains and could soon break above the $94,000 level.

Shivam Thakral, CEO of BuyUcoin, noted, “According to Glassnode, US Bitcoin ETFs saw nearly $1 billion in inflows on April 22, 2025. This signals renewed institutional interest and builds a strong base for Bitcoin’s next upward move, possibly retesting its all-time high.”

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