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  • Shrishesh Tanksalkar
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    Crypto Market Today (Jan 10th, 2025): Bitcoin Shows Resilience at $94k | Altcoins Face Heat

    Story Highlights
    • Fear & Greed Index slips to a โ€œNeutralโ€ score of 43.

    • Global crypto market cap falls 1.05% to $3.27 trillion, amid U.S jobs data release.

    • RUNE leads the losers, plunging 16.74% to $3.25.

    The cryptocurrency market experienced a significant pullback over the past 24 hours, with the global market cap declining by 1.05%, settling at $3.27 trillion. Trading volumes also hit 8.61% to $151.27 billion, as marketers await an update on the U.S. jobs data. Successively, the Fear & Greed Index remains in โ€œNeutralโ€ territory at 43, reflecting a cautious sentiment among investors.

    Bitcoin Price Shows Resilience Despite Market Dip?

    Bitcoin, price saw a negligible dip of 0.31%, trading at $94,106.34. Its market cap now stands at $1.86 trillion, a slight decrease of 0.40%. Despite a drop in trading volume of 4.70%, Bitcoin maintains its dominance, serving as a haven for investors during uncertain market conditions.

    For a deeper dive into Bitcoin’s potential price trajectory, explore our Bitcoin Price Prediction.

    Altcoins Under Pressure Amid Market Decline

    Altcoins have faced the heat, with Ethereum slipping 1.70% to $3,271.19, Solana dropping 2.13% to $190.74, and XRP declining 2.07% to $2.30. This trend highlights a phase of consolidation as traders navigate mixed market signals.

    If you are curious about Ethereum’s future outlook, check out our Ethereum Price Prediction.

    Top Performers: AI16Z Leads the Pack

    • AI16Z: Surged 6.03% to $1.57.
    • KAIA: Climbed 4.49% to $0.2129.
    • MOVE: Gained 3.26%, trading at $0.8929.

    Top Losers: RUNE Takes a Sharp Hit

    • RUNE: Dropped a staggering 16.74% to $3.25.
    • SPX6900: Fell 10.71% to $1.18.
    • Raydium (RAY): Declined 5.19% to $4.98

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    FAQs

    How much is 1 BTC today?

    1 Bitcoin is currently priced at $94,106.34.

    Which cryptocurrencies gained the most today?

    AI16Z (+6.03%), KAIA (+4.49%), and MOVE (+3.26%) led the market gains.

    How has Ethereum (ETH) performed today?

    Ethereum saw a decline of 1.70%, trading at $3,271.19.

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