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

Published by
Shrishesh Tanksalkar

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 “Neutral” 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.

Shrishesh Tanksalkar

Shrishesh is a versatile writer with 2+ years of experience in cryptocurrencies. An engineer turned storyteller, this selective introvert is a wannabe biker on weekends.

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