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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 2 years 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 $75,678 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) $2,394, is trading at $3,220, reflecting a decrease of 1.78%. Solana $98 (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.

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İlayda Peker 21 January, 2025 - 10:05 am 21 January, 2025 - 10:05 am
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İlayda Peker
By İlayda Peker
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The author, who holds a degree in International Relations and Political Science, has 10 years of experience as a writer and editor in the fields of cryptocurrency, blockchain technologies, and digital asset markets.While at COINTURK, he has published over 8,500 news articles, analyses, essays, and reports on Bitcoin, altcoins, cryptocurrency markets, the blockchain ecosystem, digital asset regulations, and global financial developments. Closely following market movements and industry developments, the author addresses the complex world of cryptocurrency in a clear and reader-friendly manner.An avid reader, the author also evaluates the impact of international developments on financial markets and the digital asset ecosystem.
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