Crypto market right this moment is caught in the zone, with Bitcoin buying and selling steadily between $92K and $96K. Altcoins, following Bitcoin’s range-bound motion, have seen notable value drops. Virtual Protocols (VIRTUAL) plunged by 11% in the final 24 hours, adopted by AI16Z, which dropped 8%.
The total cryptocurrency value motion displays rising market issues, together with FTX liquidations and rumors of a possible U.S. authorities sell-off of Silk Road-related Bitcoin holdings. These occasions have weighed closely on investor sentiment.
The world crypto market declined by roughly 1%, bringing the entire market cap to round $3.3 trillion. Trading quantity additionally dropped in comparison with final week, now standing at $74 billion.
Here’s an outline of some main cryptocurrencies and their costs on Jan 13.
Crypto Market Today: Bitcoin Holds Range, Altcoins Decline
Bitcoin value fell by 0.5% over the previous 24 hours, buying and selling inside its common vary on Jan 13. Meanwhile, main altcoins like Ethereum (ETH), Ripple (XRP), and Solana (SOL) dropped between 1% and 5%.
The crypto market right this moment stays cautious as traders look ahead to key developments forward of pro-crypto President Donald Trump’s inauguration subsequent week. His stance on digital property may considerably affect the market’s course in the approaching weeks.
Bitcoin Market Today
Bitcoin (BTC) value was buying and selling at $94,275, with its 24-hour low at $93,743 and excessive at $95,869. BTC’s market cap slipped beneath the $2 trillion mark, now standing at roughly $1.86 trillion.
In crypto market right this moment, BTC recorded a movement of $900 million on the sixteenth anniversary of the historic “Bitcoin” tweet. Despite the excitement, Bitcoin’s value motion stays range-bound, reflecting broader market warning.
Ethereum Market Today
Ethereum (ETH) value was buying and selling at $3,257, down by roughly 1% in the final 24 hours. Its 24-hour high and low stood at $3,225 and $3,336, respectively.
According to Coinglass data, ETH value noticed liquidations price $7.7 million in the previous 24 hours. Out of this, $1.1 million got here from lengthy positions, whereas a major $6.6 million was from quick positions, reflecting elevated market volatility.
XRP Market Today
XRP value was buying and selling at $2.52, with a drop of lower than 1% during the last 24 hours. Its 24-hour high and low stood at $2.47 and $2.56, respectively.
Veteran dealer Peter Brandt highlighted that XRP’s value chart is forming a bull flag sample on the day by day timeframe. If this sample confirms, XRP could skyrocket a possible value goal of $3.40. In the crypto market right this moment, XRP stays one to look at for merchants eyeing bullish momentum.
Solana Market Today
Solana (SOL) value was buying and selling at $185, with its 24-hour low at $184 and excessive at $191. The crypto market right this moment exhibits SOL sustaining its place regardless of broader market strain.
Top Crypto Market Gainers Today
As per crypto costs right this moment, listed here are the highest 5 crypto gainers during the last 24 hours:
Hyperliquid (HYPE)
Price: $21.51
24-hour acquire: +5%
KuCoin Token (KCS)
Price: $11.31
24-hour acquire: +4.5%
Raydium (RAY)
Price: $4.59
24-hour acquire: +2%
Monero (XMR)
Price: $199
24-hour acquire: +1.8%
XDC Network (XDC)
Price: $0.1012
24-hour acquire: +1%
Top Crypto Loser Market Today
As per crypto costs right this moment, listed here are the highest 5 crypto losers during the last 24 hours:
Virtual Protocols (VIRTUAL)
Price: $2.58
24-hour loss: -11%
AI16Z (AI16Z)
Price: $1.08
24-hour loss: -8%
SPX6900 (SPX)
Price: $0.997
24-hour loss: -7.5%
Ondo (ONDO)
Price: $1.16
24-hour loss: -7%
Bitget Token (BGB)
Price: $6.78
24-hour loss: -6.35%
Meme Crypto Market Today
Meme cryptocurrencies have additionally seen a dip in the final 24 hours. Dogecoin (DOGE) value was down by 1.87%, buying and selling at $0.3329, with its 24-hour high and low at $0.3319 and $0.3453, respectively. According to Coingape report, Dogecoin open interest surged to $3.5 billion amid information surrounding Trump’s inauguration. Similarly, Shiba Inu (SHIB) value fell by 3.2% and is now buying and selling at $0.00002101.
Other notable meme cash, together with PEPE, BONK, PENGU, and WIF, additionally skilled a 3-5% decline in the final 24 hours.
On a constructive notice, Bitcoin (BTC) value noticed a slight rise of 0.2% in the previous hour, providing some optimism. Ethena (ENA) value led with a 2% acquire in the final hour, whereas most different altcoins confirmed bearish momentum, remaining in the crimson on the time of writing. The crypto market right this moment stays combined with some pockets of restoration amidst ongoing losses.
Coingape Staff
CoinGape includes an skilled staff of native content material writers and editors working around the clock to cowl information globally and current information as a reality reasonably than an opinion. CoinGape writers and reporters contributed to this text.
Disclaimer: The introduced content material could embrace the private opinion of the creator and is topic to market situation. Do your market analysis earlier than investing in cryptocurrencies. The creator or the publication doesn’t maintain any duty in your private monetary loss.
