On Thursday, most cryptocurrencies saw an increase in worth. The market capitalization of all cryptocurrencies was $1.1 trillion, with a volume of roughly $60.9 billion over the previous day.

Bitcoin
The biggest and most well-known virtual money in the world, Bitcoin, increased 1.6 percent to $24,564.2. The market price of it was $470,3 billion. The value of the transaction was $28.9 billion.

Following the publication of the minutes from the January FOMC meeting, Bitcoin dropped to $23,600 yesterday. Despite the fact that it had just hit a peak, traders may have changed their attention to locking in profits, which led to a decline in price.

Ethereum
The second-largest virtual money, increased by two percent to $1,678.1 and has a market value of $202.5 billion. In the previous day, Ethereum trades were worth almost $8.8 billion.

“ETH has typically traded between $1,600 and $1,650. Overall, market players appear to be responding to the FOMC release in a variety of ways.”

Dogecoin
A virtual currency founded on memes, increased 1.9 percent on Thursday. It was valued at $11.4 billion on the market. The value of the transaction was $741.80 billion.

Shiba Inu
Shiba Inu market capitalization increased by 4% to $7.4 billion. In the previous 24 hours, there were $377.7 million in trades.

Solana
Solana increased 0.6 percent to $24.6 and has a $9.3 billion market value. In the previous 24 hours, Solana saw trades worth $841.4 million.

Polygon
The market capitalization of Polygon increased by 3.3 percent to $12.4 billion. In the last 24 hours, there were $692.2 million worth of transactions.

On Wednesday, cryptocurrencies increased in value. The market capitalization of all cryptocurrencies was $993.2 billion, with a volume of $47.1 billion over the previous day.
 
Bitcoin
The biggest and most well-known virtual currency in the world, Bitcoin, increased 1.1 percent to $21,322.1. At the time, it had a $409 billion market value. There were around $24 billion worth of transactions.
 
Ethereum
The second-largest virtual currency, Ether, which has a market worth of $193 billion, rose 1.6 percent to $1,587.2 at the most recent count. In the previous day, Ethereum trades were worth roughly $7.1 billion.
 
Dogecoin
Dogecoin, a virtual currency based on memes, increased by 5.7 percent to $0.1. The market price for it was $8.8 billion. There were over $397.3 million worth of transactions.
 
Shiba Inu
Shiba Inu saw a 22.2 percent increase in market value, reaching about $6.9 billion. In the previous 24 hours, there were roughly $540.2 million in trades.
 
Solana
Solana decreased 0.3 percent to $23.1 and now has a $8.6 billion market cap. In the previous 24 hours, Solana saw $922.2 million in trading.
 
Polygon
Polygon has a market capitalization of $8.8 billion and was trading flat at $1. In the previous 24 hours, there were $396.4 million in transactions.
Quick analysis of the cryptocurrency price on January 16: Over the weekend, the global market capitalization surpassed $1 trillion, but then fell back.
 
Bitcoin (BTC), the world’s oldest cryptocurrency, has surpassed the $21,000 mark for the first time since the FTX collapse in November of last year. Ethereum (ETH) followed suit, remaining in the $1,500 range on Monday morning. Over the weekend, the global crypto market cap surpassed $1 trillion for the first time since November, but has since fallen back to the $990 billion range as the week begins. Other popular altcoins, such as Dogecoin (DOGE), Solana (SOL), Ripple (XRP), and Litecoin (LTC), also made it into the greens.
 
At the time of writing, the global crypto market cap was $991.30 billion, representing a 1.89 percent 24-hour gain.
 
Bitcoin price today
According to CoinMarketCap, the price of bitcoin was $21,200.62, representing a 1.79 percent gain in a 24-hour period. BTC was trading at Rs 17.80 lakhs on the Indian exchange WazirX.
 
Ethereum price today
At the time of writing, the price of ETH was $1,570.03, representing a 2.81 percent 24-hour gain. According to WazirX, the current price of Ethereum in India is Rs 1.32 lakhs.
 
Dogecoin price today
DOGE gained 2.09 percent in a 24-hour period, according to CoinMarketCap data, and is now worth $0.08678. According to WazirX, the Dogecoin price in India is Rs 7.26.
 
Litecoin price today
Litecoin gained 0.76 percent in a 24-hour period. It was trading at $87.68 at the time of writing. In India, the price of LTC was Rs 7,394.99.
 
Ripple price today
The price of XRP was $0.4047, up 3.73 percent in 24 hours. Ripple’s current price is Rs 33.70, according to WazirX.
 
Solana price today
Solana was trading at $23.28, up 1.08 percent in 24 hours. According to WazirX, the SOL price in India was Rs 1,990.

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