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COINTURK NEWS > Cryptocurrency News > Crypto Market Faces Declines as Bitcoin Holds Steady at $101k
Cryptocurrency News

Crypto Market Faces Declines as Bitcoin Holds Steady at $101k

In Brief

  • The crypto market's total value has dropped to $3.15 trillion.

  • Bitcoin holds steady at $101,472, despite recent fluctuations.

  • TRUMP coin experiences the most significant loss among altcoins.

İlayda Peker
İlayda Peker 1 year ago
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The total value of the cryptocurrency market has decreased by 1.19% in the past 24 hours, dropping to $3.15 trillion. During this period, the market’s trading volume also fell significantly by 10.68%, reaching $313.32 billion. Along with the overall market losses, Bitcoin’s (BTC) price dropped to $101,000, making TRUMP coin the biggest loser of the day. Market sentiment remains balanced, with the “Fear and Greed Index” showing a score of 59.

Contents
Bitcoin Price Stays at $101k for NowAltcoin Market Shows Mixed Results: TRUMP Coin Takes a Hit

Bitcoin Price Stays at $101k for Now

Bitcoin $80,149 continues to maintain its position as the market leader. The largest cryptocurrency is currently trading at $101,472, reflecting a daily drop of 0.61%. After reaching an all-time high of $109,114 yesterday, today’s decline has disappointed many in the market. However, a notable 36.04% increase in trading volume to $124.05 billion indicates sustained interest in Bitcoin.

Bitcoin Price Chart

Investors anticipating Bitcoin’s return to peak levels are closely monitoring market activities.

Altcoin Market Shows Mixed Results: TRUMP Coin Takes a Hit

The altcoin market is moving in different directions compared to Bitcoin. The largest altcoin, Ethereum (ETH) $2,305, is trading at $3,220, reflecting a decrease of 1.78%. Solana $92 (SOL) has dropped 3.95% to $235.47, while XRP‘s price has fallen by 0.82% to $3.07. TRUMP coin has experienced the most significant loss, shedding 36.73% to now trade at $33.15.

Despite the negative atmosphere in the market, some altcoins are witnessing notable gains. For example, RAY has increased by 18.82% to $7.47, and Gate Token rose by 7.45% to $21.32. Additionally, Mantle gained 7.21%, reaching $1.04, making it one of the day’s top performers.

Leading the list of altcoins with the most significant losses is TRUMP coin, followed by FARTCOIN, which fell by 14.97% to $1.81, and XDC Network, which decreased by 9.23% to $0.1186.

You can follow our news on Telegram, Facebook & Coinmarketcap & X
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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İlayda Peker 21 January, 2025 - 10:05 am 21 January, 2025 - 10:05 am
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