Cryptocurrency Price Today: Bitcoin fails to regain the $40k mark; MANTA gains about 30%
Quick analysis of cryptocurrency prices on January 25: The worldwide market capitalization dropped to $1.56 trillion.
Bitcoin (BTC), the world’s oldest and most valuable cryptocurrency, failed to break through the $40,000 barrier early Thursday, as its recent slide continued. Some investors hoped that BlackRock’s spot ETH exchange-traded fund (ETF) would help Ethereum (ETH) gain popularity. However, the US Securities and Exchange Commission (SEC) has postponed its clearance. This is widely believed to result in a bearish trend for Ethereum. Other popular coins, including as Dogecoin (DOGE), Solana (SOL), Ripple (XRP), and Litecoin (LTC), all fell in price. The AKT token, which was the largest gainer yesterday, became the biggest loser today, with a 24-hour drop of more than 7%. MANTA, on the other hand, became the greatest gainer, with a 24-hour increase of about 30%.
At the time of writing, the worldwide cryptocurrency market capitalization was $1.56 trillion, up 1.01 percent in 24 hours.
Bitcoin (BTC) Price Today
According to CoinMarketCap, the bitcoin price was $39,974.25, representing a 0.86 percent gain in the previous 24 hours.
Ethereum (ETH) Price Today
At the time of writing, the price of ETH was $2,214.69, a 0.15 percent decrease over the previous day.
Dogecoin (DOGE) Price Today
According to CoinMarketCap data, DOGE has lost 0.33 percent in the past 24 hours and is currently trading at $0.07793.
Litecoin (LTC) Price Today
Litecoin increased by 0.91 percent over the course of 24 hours. At the time of writing, it was trading at $65.66.
Ripple (XRP) Price Today
The XRP price was $0.5153, representing a 0.06 percent decline over the last 24 hours.
Solana (SOL) Price Today
Solana was trading at $88.40, up 5.35 percent in 24 hours.
Bitcoin, Ethereum, and BNB led the decline in cryptocurrency markets on Wednesday.
Bitcoin, the world’s largest cryptocurrency, dipped below $39,700 for the first time since the introduction of the 11 spot Bitcoin exchange-traded fund (ETF) on January 11.
The crypto market is under selling pressure, owing to the ease with which Bitcoin ETFs can be entered and exited. Users may have liquidated their bets to book profits and then established new positions in anticipation of the next surge. The next market mover could be the US Fed’s rate cut announcement, which is expected around the end of 2023.
Bitcoin remains below the critical $40,000 mark, presently trading at $39,700 following a recent dip. Given the firm support at $38,500, the current trading level may see increasing buying interest. If this support is ineffectual, the next support level is projected at $37,800, with resistance on the upside at $40,350.
In Wednesday’s trading, the global cryptocurrency market cap fell 1.9% to about $1.55 trillion in the previous 24 hours.
Bitcoin was trading down 0.64% at $39,648, while Ethereum was down 5.34% at $2,219. Other cryptocurrencies, like as BNB and Polygon, dropped more than 5% each. Litecoin, Chainlink, Tron, Dogecoin, and Cardano all lost 2-4%.
DeFi’s total volume is currently $5.96 billion, accounting for 8.04% of the total cryptocurrency market’s 24-hour volume. The entire volume of stablecoins is now $67.7 billion, accounting for 91.31% of the total 24-hour volume on the crypto market.
Bitcoin, the world’s largest cryptocurrency, has seen its market capitalization drop to $777 billion in the last 24 hours. According to CoinMarketCap, Bitcoin presently has a dominance of 50.39%. In the last 24 hours, BTC volume grew by 3.7% to $30.5 billion.
Bitcoin saw a big dip, breaking the $40,000 barrier and briefly touching $39,500, owing to substantial sales spurred by the Grayscale GBTC Bitcoin ETF. Investors are cautious as Bitcoin remains just under $39,000, indicating a probable price range of $35,000 to $45,000.
Quick cryptocurrency price analysis for January 19: The worldwide market capitalization dropped to $1.68 trillion.
Bitcoin (BTC), the world’s oldest and most valuable cryptocurrency, remained unchanged at over $42,000 on Thursday. Other major coins, such as Ethereum (ETH), Dogecoin (DOGE), Solana (SOL), Ripple (XRP), and Litecoin (LTC), all experienced slight losses. The ETHDYDX token outperformed the rest, with a 24-hour increase of more over 6%. THORChain (RUNE) was the biggest loss, with a 24-hour drop of more than 10%.
At the time of writing, the worldwide crypto market cap was $1.68 trillion, representing a 1.20 percent drop over the previous 24 hours.
Bitcoin (BTC) Price Today
According to CoinMarketCap, the bitcoin price was $42,594.04, a 0.68 percent decrease in the previous 24 hours.
Ethereum (ETH) Price Today
At the time of writing, the price of ETH was $2,529.24, a 1.70 percent decrease over the previous 24 hours.
Dogecoin (DOGE) Price Today
According to CoinMarketCap data, DOGE has lost 1.31 percent in the past 24 hours and is currently trading at $0.08018.
Litecoin (LTC) Price Today
Litecoin fell by 0.31 percent over the course of 24 hours. At the time of writing, it was trading at $69.20.
Ripple (XRP) Price Today
The XRP price stood at $0.5659, down 1.50 percent in 24 hours.
Solana (SOL) Price Today
Solana was trading at $99.81, down 0.13 percent in 24 hours.
Quick analysis of the cryptocurrency pricing on January 16: The worldwide market capitalization fell to $1.68 trillion.
Bitcoin (BTC), the world’s oldest and most valuable cryptocurrency, fell below $42,000 over the weekend as the hype surrounding Bitcoin spot exchange-traded funds (ETFs) faded. At the time of writing, the market Fear & Greed Index was 59 (neutral), according to CoinMarketCap statistics. Popular altcoins like as Ethereum (ETH), Dogecoin (DOGE), Solana (SOL), Litecoin (LTC), and Ripple (XRP) all experienced slight losses. Toncoin (TON) was the largest gainer today, gaining about 12% in a 24-hour period. Optimism (OP) was the largest loser, falling by more than 7% in a 24-hour period.
At the time of writing, the worldwide crypto market valuation was $1.68 trillion, a 0.09 percent drop in a 24-hour period.
Bitcoin Price Today
Bitcoin’s price was $42,544.43 at the time of writing, a 0.11 percent drop in a 24-hour period.
Ethereum Price Today
At the time of writing, the price of ETH was $2,507.69, representing a 1.43 percent 24-hour drop.
Dogecoin Price Today
DOGE gained 0.82 percent in a 24-hour period and is now trading at $0.08133.
Litecoin Price Today
Litecoin gained 0.01 percent in a 24-hour period. It was trading at $71.33 at the time of writing.
Ripple Price Today
The price of XRP was $0.5864, up 2.30 percent in 24 hours.
Solana Price Today
Solana’s price was $95.91 after a 0.85 percent drop in the previous 24 hours.
Quick take on the cryptocurrency price on January 2: The worldwide market capitalization increased to $1.74 trillion.
Bitcoin (BTC), the world’s oldest and most valuable cryptocurrency, accelerated beyond the $45,000 mark for the first time since April 2022. Popular altcoins such as Ethereum (ETH), Ripple (XRP), Litecoin (LTC), Solana (SOL), and Dogecoin (DOGE) all saw significant rises. The SEI token went on to become the largest gainer of the bunch, with a 24-hour gain of more over 30%. The Maker (MKR) token, on the other hand, became the largest loss, falling more than 3% in 24 hours.
At the time of writing, the worldwide crypto market valuation was $1.74 trillion, representing a 5.85 percent increase in a 24-hour period.
Bitcoin Price Today
According to CoinMarketCap, the price of bitcoin was $45,217.89, a 6.70 percent increase in a 24-hour period.
Ethereum Price Today
At the time of writing, the price of ETH was $2,388.02, representing a 4.68 percent 24-hour rise.
Dogecoin Price Today
According to CoinMarketCap data, DOGE gained 4.49 percent in a 24-hour period and is now trading at $0.09315.
Litecoin Price Today
Litecoin gained 3.46 percent in a 24-hour period. It was trading at $75.08 at the time of publication.
Ripple Price Today
The price of XRP was $0.6343, up 3.61 percent in 24 hours.
Solana Price Today
Solana was trading at $112.52, up 9.85 percent in 24 hours.
The Financial Intelligence Unit has issued a show-cause notice to nine offshore cryptocurrency exchanges after they were found to be operating illegally in India by failing to comply with the country’s anti-money laundering law.
In Short
• The FIU has sent a show cause notice to 9 foreign cryptocurrency exchanges.
• The FIU advised MeitY to block the URLs of all 9 cryptocurrency exchanges.
• All nine cryptocurrency exchanges have been removed for non-compliance with India’s anti-money laundering law.
The Financial Intelligence Unit (FIU), under India’s Ministry of Finance, has issued a show-cause notice to 9 offshore cryptocurrency exchanges and asked the Ministry of Electronics and Information Technology (MeitY) to block their URL in India. The proceedings were initiated for alleged non-compliance with the Indian anti-money laundering law. According to the notice sent by FIU, these 9 cryptocurrency exchanges, including Binance and Kucoin, are operating illegally in India. The nine exchanges that received the show cause notice include Binance, Kucoin, Huobi, Kraken, Gate.io, Bittrex, Bitstamp, MEXC Global and Bitfenex.
“As part of enforcement action against offshore entities, the Financial Intelligence Unit of India (FIU IND) has issued enforcement notices to the following nine offshore virtual digital asset service providers (VDA SPs) under Section 13 of the Prevention of Money Laundering Act, 2002 (PMLA),” reads the show cause notice.
Quick take on the cryptocurrency price on December 22: The worldwide market capitalization increased to $1.66 trillion.
Bitcoin (BTC), the world’s oldest and most valuable cryptocurrency, managed to hold over the $43,000 level early Thursday. Popular altcoins, including as Ethereum (ETH), Solana (SOL), Ripple (XRP), Litecoin (LTC), and Dogecoin (DOGE), had slight increases. With a 24-hour rise of more than 23 percent, the Stacks (STX) token remained the largest gainer of the bunch. Internet Computer (ICP) was also the biggest loser, falling over 8% in a 24-hour period.
At the time of writing, the worldwide crypto market valuation was $1.66 trillion, a 2.19 percent increase in a 24-hour period.
Bitcoin (BTC) Price Today
According to CoinMarketCap, the price of bitcoin was $43,654.15, a 2.95 percent increase in a 24-hour period.
Ethereum (ETH) Price Today
At the time of writing, the price of ETH was $2,200.43, representing a 0.74 percent 24-hour gain.
Dogecoin (DOGE) Price Today
DOGE gained 1.04 percent in a 24-hour period, according to CoinMarketCap data, and is now trading at $0.09149.
Litecoin (LTC) Price Today
Litecoin fell 1.36 percent in a 24-hour period. It was trading at $69.73 at the time of publication.
Ripple (XRP) Price Today
The price of XRP was $0.6149, up 1.10 percent in 24 hours.
Solana (SOL) Price Today
Solana was trading at $83.22, up 11.13 percent in 24 hours.
Quick take on the cryptocurrency pricing on December 18: The global market capitalization fell by $1.46 trillion.
Bitcoin (BTC), the world’s oldest and most valuable cryptocurrency, fell below $41,000 over the weekend. Popular altcoins such as Ethereum (ETH), Solana (SOL), Ripple (XRP), Litecoin (LTC), and Dogecoin (DOGE) all ended up in the red. With a 24-hour rise of more than 8%, FTX Token (FTT) emerged as the largest gainer of the bunch. Arweave (AR) was the biggest loser, falling more than 12% in a 24-hour period.
At the time of writing, the worldwide crypto market valuation was $1.46 trillion, representing an 8.08 percent drop in a 24-hour period.
Bitcoin Price Today
According to CoinMarketCap, the price of bitcoin was $41,116.15, representing a 2.06 percent decline in a 24-hour period.
Ethereum Price Today
At the time of writing, the price of ETH was $2,173.83, representing a 2.04 percent 24-hour drop.
Dogecoin Price Today
According to CoinMarketCap data, DOGE has lost 3.66 percent in the last 24 hours and is currently trading at $0.09204.
Litecoin Price Today
Litecoin fell 2.77 percent in a 24-hour period. It was trading at $70.42 at the time of publication.
Ripple Price Today
The price of XRP was $0.606, representing a 2.19 percent decline in a 24-hour period.
Solana Price Today
Solana’s price was $69.88, a 5.25 percent decrease in a 24-hour period.
Wednesday trading of major cryptocurrency tokens was erratic ahead of the US Federal Reserve’s policy announcement and important inflation statistics. While BNB (7%), Solana (2.1%), Cardano (4.2%), and Avalanche (15%) were trading in the green, Bitcoin (-1.1%), Ethereum (-0.9%), XRP (-0.6%), and Dogecoin (-2.3%) were trading in the red.
In the meantime, the value of the world’s cryptocurrency market fell by 0.21% to approximately $1.58 trillion over the previous day.
At 12:50 p.m., the price of Bitcoin was $41,786—a 1.1% decrease. The largest cryptocurrency in the world, Bitcoin, had a decline in market capitalization to $817 billion in the past day.
With a wick heading towards $40,300 today, Bitcoin has had a difficult start to the week. Right now, it’s levelling out and stabilising at $41,800. As the year draws to a close, expectations of a rally towards $48,000 are still high because the market structure has not changed significantly.
The market saw significant volatility throughout the previous day, with most tokens suffering losses. But as of right now, the market is beginning to rebound, especially in Ethereum’s Layer 2 solutions, which are performing better, including OP (Optimism) and Immutable-X (IMX).
Notably, the market may experience further volatility as a result of today’s release of the Monthly US CPI data.
Analysts predict that although there will be a moderating of inflation, it will still be above the Federal Reserve’s target when the US Consumer Price Index (CPI) report is released on Wednesday.
Currently, DeFi’s total volume is $9.75 billion, or 12.27% of the 24-hour volume of the whole cryptocurrency market. At $73.41 billion, the total value of all stablecoins represents 92.33% of the 24-hour volume of the whole cryptocurrency market.
Currently, 51.88% of the market is made up of Bitcoin, according to CoinMarketCap. The volume of BTC increased by 25.6% to $31.93 billion in the last day.
Quick take on the cryptocurrency price on November 29: The worldwide market capitalization increased to $1.43 trillion.
Bitcoin (BTC), the world’s oldest and most valuable cryptocurrency, managed to hold over the $37,000 level early Wednesday. Popular altcoins like as Ethereum (ETH), Solana (SOL), Ripple (XRP), Litecoin (LTC), and Dogecoin (DOGE) all finished in the green. With a 24-hour rise of more than 24 percent, the SEI token emerged as the greatest gainer. GALA, on the other hand, became the biggest loser, falling about 4% in a 24-hour period.
At the time of writing, the worldwide crypto market valuation was $1.43 trillion, representing a 1.42 percent increase in a 24-hour period.
Bitcoin Price Today
According to CoinMarketCap, the price of bitcoin was $37,945.85 after a 2.21 percent gain in a 24-hour period. BTC was trading for Rs 33.52 lakh on the Indian exchange WazirX.
Ethereum Price Today
At the time of writing, the price of ETH was $2,053.65, representing a 1.31 percent 24-hour increase. According to WazirX, the current price of Ethereum in India is Rs 1.79 lakh.
Dogecoin Price Today
DOGE gained 3.20 percent in a 24-hour period, according to CoinMarketCap data, and is currently trading at $0.08063. According to WazirX, the Dogecoin price in India is Rs 7.
Litecoin Price Today
Litecoin gained 1.25 percent in a 24-hour period. It was trading at $69.67 at the time of publication. In India, the price of LTC was Rs 6,238.35.
Ripple Price Today
The price of XRP was $0.6125, up 1.30 percent in 24 hours. According to WazirX, the current price of Ripple is Rs 53.43.
Solana Price Today
Solana was trading at $58.64, up 6.60 percent in 24 hours. According to WazirX, the SOL price in India is Rs 5,122.