After months of being stuck below the $17,000 mark, Bitcoin finally broke through over the weekend. BTC is currently worth $17,200, representing a profit of 1.60 percent. Bitcoin has increased by a whopping $352 between last Friday and today. On Monday, January 9, the price charts were brimming with greens as the majority of cryptocurrencies stepped into the trading rink with significant profits.

Ether, the second most valuable cryptocurrency after Bitcoin, has broken through its resistance level. According to Gadgets 360’s crypto price tracker, ETH reached $1,305 with a 3.53 percent increase. ETH’s value increased by $55 over the weekend.

Cardano and Solana – both altcoins made significant profits

While ADA increased by 19% to trade at $0.33, SOL increased by 20% to reach a valuation of $16. Both altcoins have been impacted by the volatile market momentum and have reaped profits after days of losses.

Stablecoins pegged to the US dollar, such as USD Coin and Ripple, made money alongside altcoins such as Polygon, Litecoin, Polkadot, and Tron.

Shiba Inu and Dogecoin, both meme coins, saw small gains

In the last 24 hours, the overall crypto market valuation increased by 3.19 percent. According to CoinMarketCap, the market cap has reached $849.8 billion. The valuation has increased by $33 billion in the last three days.

Even the underdog altcoins Zilliqa, NEM, Cartesi, Augur, and DIA are up today.

Binance USD, Dash, and Flex are among the cryptocurrencies that have suffered losses today.

Today cryptocurrency price: The majority of cryptocurrencies fell on Friday. The global crypto market cap was $818 billion, with $27.3 billion in volume in the previous 24 hours.

Bitcoin (BTC)
Bitcoin, the world’s largest and most popular virtual currency, was nearly flat at $16,827.5. Its market capitalization was $324.5 billion. The total value of trade was $13.6 billion.

“Bitcoin consolidated below $17,000 as market volatility remained high in the aftermath of the recent FOMC minutes. The immediate support level for BTC is $16,800. And the resistance is at $16,900, followed by $17,000. A clear move above $17,000, on the other hand, may instil confidence in the bulls to go even higher “Mudrex CEO and Co-Founder Edul Patel stated.

Ethereum
Ethererum, or Ether, the second largest virtual currency, fell 0.3 percent to $1,251.2, with a market capitalisation of $153.5 billion. In the last 24 hours, Ethereum’s trade volume was $3.9 billion.

Patel stated about Ethereum, “In the last 24 hours, Ethereum has broken through its nearest resistance level of $1,205. If buyers can maintain their advantage, ETH could rise to $1,236.”

Dogecoin
The meme-based virtual currency Dogecoin fell nearly 2% on Friday. Its market capitalization was $9.5 billion. The total value of trade was $376.2 billion.

Shiba Inu
Shiba Inu market capitalisation increased by 0.4 percent to $4.6 billion. In the last 24 hours, the trade volume was $266.3 million.

Solana
With a market capitalisation of $4.9 billion, Solana fell 0.1 percent to $13.2. Solana’s trade volume in the last 24 hours was $187.6 million.

Polygon
Polygon market capitalisation fell by nearly 2% to $6.9 billion. In the last 24 hours, the trade volume was $192.5 million.

According to Coinmarketcap, the price of Bitcoin, the world’s largest cryptocurrency, was hovering around Rs 14.38 lakh, with its dominance at 39.94 percent, a 0.19 percent decrease over the day.

Major cryptocurrencies were trading in the red early on January 5, despite the fact that the global crypto market cap increased 1.21 percent to $820.08 billion in the previous day. Over the last 24 hours, total crypto market volume increased by 30.28 percent to $35.35 billion.

DeFi’s total volume is currently $2.19 billion, accounting for 6.18 percent of the total crypto market 24-hour volume. The total volume of all stable coins is now $32.90 billion, accounting for 93.07 percent of the total 24-hour volume of the crypto market.

According to Coinmarketcap, the price of Bitcoin, the world’s largest cryptocurrency, was hovering around Rs 14.38 lakh, with its dominance at 39.94 percent, a 0.19 percent decrease over the day.

These are the top cryptocurrency prices.

  • Bitcoin $16834.50
  • Ethereum $1252.56
  • Tether $1.00
  • Cardano $0.27
  • Binance Coin $258.39
  • Ripple $0.35
  • Polkadot $4.63
  • Dogecoin $0.074

Pin It on Pinterest