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

On April 24th, Bitcoin trading opened at $93,000, with CoinDCX characterizing it as "price consolidation around recent gains." Bitcoin, the largest cryptocurrency by market capitalization, held a dominant 63.55% market share—a 0.23% increase over the previous 24 hours, according to CoinMarketCap.

By approximately 9:30 AM, the price had slightly dipped to $92,410.81, a 0.78% decrease. 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, aligning with the average cost basis of short-term holders. "This overlap suggests potential selling pressure as traders seek to break even," Lee explained. "While recent price action appears optimistic, futures premiums remain subdued and options skews are neutral, indicating cautious sentiment rather than strong bullish conviction." Lee advised investors to monitor macroeconomic indicators and market liquidity, as these will likely influence Bitcoin's short-term trajectory.

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

As of 9:40 AM on April 24th, most major cryptocurrencies showed minor declines. The global crypto market cap stood at $2.9 trillion, 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, noted that Bitcoin, Ethereum, and Dogecoin were affected by Donald Trump's recent reversal on China tariffs.

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

Solana (SOL), was priced at $148.02, holding a market cap of $76.57 billion and a trading volume of $4.6 billion.

CoinDCX's research team highlighted significant momentum in the $TRUMP token, exhibiting "massive bullish candles" following Trump’s announcement of a dinner with crypto industry leaders. CoinSwitch Markets Desk reported a 60% surge in $TRUMP. At the time of writing, the token was trading at $11.99, up 27.80%, with a market cap of $2.39 billion and a trading volume of $4.85 billion.

Expert Opinions: Steady Prices, Cautious Outlook

Edul Patel, Co-founder and CEO of Mudrex, stated that Bitcoin was holding steady around $93,500, consistent with a robust 12% rally over the past week. He anticipated price stabilization, contingent upon macroeconomic indicators such as US jobless claims data. "Today's jobless claims data could influence near-term sentiment. Bitcoin is currently facing resistance at $96,300, while $91,700 serves as immediate support," Patel added.

Shekhar echoed a cautious perspective, stating, "Bitcoin's trend is 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 a more optimistic note, Piyush Walke, Derivatives Research Analyst at Delta Exchange, believes Bitcoin is consolidating recent gains and could soon surpass the $94,000 level.

Shivam Thakral, CEO of BuyUcoin, observed, "According to Glassnode, US Bitcoin ETFs saw nearly $1 billion in inflows on April 22, 2025. This indicates renewed institutional interest and establishes a strong foundation for Bitcoin's next upward movement, potentially retesting its all-time high."