Cryptocurrency Market Today (January 10, 2025): Bitcoin Shows Resilience at $94,000 | Altcoins Under Pressure

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Over the past 24 hours, the cryptocurrency market has experienced a significant correction, with global market capitalization falling by 1.05% to close at $3.27 trillion. At the same time, trading volume also fell by 8.61% to $151.27 billion, and market sentiment remained cautious while awaiting updates on U.S. employment data. The Fear and Greed Index remains in the "neutral" zone, currently at 43, reflecting investors' wait-and-see sentiment. Despite the overall market downturn, Bitcoin price has shown some resilience.

The price of Bitcoin fell slightly by 0.31%, currently trading at $94,106.34, with a market value of $1.86 trillion, a slight decline of 0.40%. Despite a 4.70% decrease in transaction volume, Bitcoin still dominates the market and has become a safe haven in an uncertain market.

If you'd like to learn more about Bitcoin's potential movements, check out our Bitcoin price predictions.

Altcoins under pressure

Altcoins are also under pressure as the market falls. Ethereum is down 1.70% and currently trades at $3,271.19; Solana is down 2.13% and is trading at $190.74; XRP is down 2.07% at $2.30. This trend reflects traders in a consolidation phase amid chaotic market signals.

If you're interested in Ethereum's future prospects, check out our Ethereum price prediction.

Top Performer: AI16Z leads the way

AI16Z: Up 6.03%, trading at $1.57.

KAIA: Up 4.49% at $0.2129.

Trend: Up 3.26%, trading at $0.8929.

Biggest drop: RUNE suffers heavy losses

RUNE: Slumped 16.74% to $3.25.

SPX6900: down 10.71% to $1.18.

Raydium (RAY): Down 5.19%, currently trading at $4.98.

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