Crypto prices today are showing signs of recovery after a sudden crash on Monday. Bitcoin price dropped to a low of $89K, its first dip to this level in 24 days, as traders await the upcoming U.S. CPI report. Major altcoins mirrored Bitcoin’s movement, with many falling by approximately 10% or more in the last 24 hours.
FARTCOIN emerged as the top gainer in the last 24 hours, surging by 42%.
The global crypto market cap stands at $3.29 trillion. Yesterday, around $150 billion was wiped off from the overall market capitalization. Trading volume saw an exponential jump of 127%, now reaching $174 billion.
Here’s a look at some of the leading cryptocurrencies and their prices for Jan 14.
Bitcoin price was now trading above the $95K mark, showing signs of recovery after Monday’s crash. Ethereum (ETH) remains down by approximately 3% in the last 24 hours. Meanwhile, BlackRock introduced a Bitcoin ETF variant on the CBOE Canada exchange, marking another step toward mainstream crypto adoption.
Bitcoin (BTC) price was trading at $95,105, reflecting an approximate 1% gain in the last 24 hours. Its 24-hour low and high stood at $89,300 and $95,275, respectively.
According to Farside Investors, Bitcoin ETFs witnessed significant outflows on Monday, totaling $313 million. Fidelity led the selling with $113 million, while Ark and 21Shares collectively sold $92 million. BlackRock’s ETF data is still awaited, which could further impact BTC prices in the coming days.
Ethereum (ETH) price was down by 3% in the last 24 hours, trading at $3,154. Its 24-hour low and high stood at $2,921 and $3,266, respectively. ETH has seen the largest decline among the top 10 cryptocurrencies by market cap.
ETH ETFs recorded an outflow of $52 million, with Grayscale selling the entire amount, contributing to the bearish sentiment in the market.
As per crypto prices today, XRP was trading at $2.52, gaining approximately 0.5% over the last 24 hours. Its 24-hour low and high stood at $2.34 and $2.55, respectively.
As per crypto prices today, Solana (SOL) was trading at $183, down by 1.5% in the last 24 hours. Its 24-hour low and high stood at $170 and $186, respectively. A report from Coingape suggested that Solana could start an explosive rally soon, hinting at potential bullish momentum ahead.
As per crypto prices today, here are the top 5 crypto gainers over the last 24 hours:
Price: $1.07
24-hour gain: +42%
Price: $1.65
24-hour gain: +7%
Price: $0.1219
24-hour gain: +6.5%
Price: $1.16
24-hour gain: +6%
Price: $4.80
24-hour gain: +5%
As per crypto prices today, here are the top 5 crypto losers over the last 24 hours:
Price: $13.76
24-hour loss: -13%
Price: $1.98
24-hour loss: -4.75%
Price: $3.21
24-hour loss: -4.68%
Price: $10.82
24-hour loss: -4.31%
Price: $53.59
24-hour loss: -4.18%
As per crypto prices today, top meme coins like Dogecoin (DOGE) and Shiba Inu (SHIB) saw positive movement in the last 24 hours. DOGE price was up by 3%, trading at $0.3439. Similarly, SHIB price increased by 1%, now trading at $0.0000213.
Other notable meme coins were in the red. PEPE, BONK, and PENGU recorded a drop of 1% to 3% in the past 24 hours.
The hourly chart shows a recovery in the crypto market, with gains between 0.5% to 1% in the last hour. Kaspa (KAS) became the top hourly gainer with a 2% increase. In positive news, Coinbase added the PNUT meme coin to its network, boosting its market visibility.
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