Cryptocurrency Prices Today: Bitcoin (BTC) and prime altcoins encountered vital turbulence on Monday, tumbling in opposition to the backdrop of an uncertain investor sentiment proper forward of FOMC. Bitcoin (BTC) value dropped to the $101K stage immediately, whereas Ethereum (ETH), XRP, and Solana (SOL) cracked 4%-8%. Meanwhile, U.S. shares additionally took a success amid Chinese AI DeepSeek’s rise.
So, let’s take a better have a look at among the main crypto by market cap, their value motion, and broader market tendencies on January 27.
Cryptocurrency Prices Today: Market Tumbles Ahead of FOMC
In gentle of the looming FOMC set to happen as of January 29, the broader crypto market displays a considerably uncertain investor sentiment. The world crypto market cap fell by over 3% intraday and was evaluated to be $3.47 trillion. However, the overall market quantity witnessed a 21% enhance from yesterday to $106.54 billion.
While BTC and prime altcoins tanked notably intraday, main meme cash Dogecoin (DOGE), Shiba Inu(SHIB), and others additionally mimicked a waning motion. Here’s a short overview of some famend cryptocurrency costs immediately.
Bitcoin Price Down To $101K As Cryptocurrency Prices Take Hit
BTC value cracked over 3% prior to now 24 hours and is presently buying and selling at $101,239. The coin’s 24-hour high and low have been $100,721.57 and $105,438.64, respectively. The waning value motion aligns with the broader market pattern, though Bitcoin’s dominance was up 0.36% intraday. Besides, main crypto market analyst Ali Martinez has conversely maintained a bullish perspective on the asset’s future perspective, spotlighting a $122,000 value goal looms.
BTC noticed over $57 million in liquidations, per current Coinglass data, additional aligning with the worth drop. As talked about above, the looming FOMC has appeared to have pushed merchants to be cautious.
Ethereum Price Tanks 5%
ETH price pulled again 5% prior to now 24 hours and is presently buying and selling at $3,172. The coin’s intraday high and low have been $3,161.93 and $3,359.31, respectively. Ethereum presently mimics the broader market pattern, with practically $30 million in liquidations recorded immediately. However, it’s noteworthy that weekly web inflows totaled $139,32 million for Ethereum ETFs as of Jan 24. The present market sentiment for the asset stays unsure.
XRP Price Drops 5%
XRP value additionally fell by practically 5% prior to now 24 hours and is presently resting at $2.99. The crypto’s intraday high and low have been $2.95 and $3.14, respectively. Notably, the Ripple-backed asset’s fall beneath $3 sparked extreme considerations amongst buyers. Meanwhile, XRP recorded practically $5 million in liquidations as of Monday.
SOL Price Cracks 10%
SOL price chart showcased a ten% drop in worth on the time of reporting, reaching $233.18. Solana’s 24-hour high and low have been $233.23 and $259.63, respectively. The cryptocurrency has adopted the broader market pattern, recording over $10 million in liquidations.
Meme Cryptocurrency Prices Today
Simultaneously, DOGE value tanked 8% over the previous day and is buying and selling at $0.327. SHIB value additionally fell over 7% prior to now 24 hours and is sitting at $0.00001851. Moreover, PEPE and TRUMP costs fell practically 13%, reaching $0.00001301 and $26.60, respectively.
DeepSeek AI Threatens U.S. Stocks
Meanwhile, the rise of the open-source Chinese AI startup DeepSeek seems to have despatched shockwaves throughout the U.S. large-cap tech. Recent experiences reveal that the Chinese AI startup is already outperforming main American AI corporations like OpenAI and Meta, while the Nasdaq 100 futures are additionally down considerably because the market opened simply hours in the past, all taking place as DeepSeek takes the no. 1 spot on App Store.
Top Cryptocurrency Gainer Prices Today
Onyxcoin (XCN)
Price: $0.03688
24-Hour Gains: +10%
Jupiter (JUP)
Price: $0.9859
24-Hour Gains: +7%
AIOZ Network (AIOZ)
Price: $0.8133
24-Hour Gains: +4%
Top Cryptocurrency Loser Prices Today
Fartcoin (FARTCOIN)
Price: $0.9807
24-Hour Loss: -28%
Virtuals Protocol (VIRTUAL)
Price: $2.09
24-Hour Loss: -17%
HyperLiquid (HYPE)
Price: $20.67
24-Hour Loss: 15%
Nevertheless, regardless of the broader cryptocurrency market volatility, famend crypto analyst Ash Crypto acknowledged, “Altseason is finally coming,” and “utility tokens are about to explode.” Further, digital asset strategist at VanEck, Gabor Gurbacs, spotlighted the DeepSeek rise chronicle on X, saying, “Now that everyone knows that AI doesn’t need that $500 Billion investment, the U.S. should just buy Bitcoin with it,” setting off waves of discussions.
Coingape Staff
CoinGape contains an skilled staff of native content material writers and editors working around the clock to cowl information globally and current information as a truth quite than an opinion. CoinGape writers and reporters contributed to this text.
Disclaimer: The offered content material could embrace the non-public 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 accountability on your private monetary loss.
