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âïžTHE CRYPTO MARKET SEES WIDESPREAD DECLINE AS BITCOIN PLUMMETSđš
đ„A recent update prominent crypto research and analytics platform, revealed that the cryptocurrency market is currently facing a significant downturn. As of today, January 13, 2024, all of the top 10 cryptocurrencies by market capitalization are trading in the red zone. This downward trend follows a sharp drop in Bitcoinâs price, which had reached a yearly high the day before.
đ±Bitcoinâs Price Plunge
âŹïžBitcoin, the leading cryptocurrency, experienced a substantial decline in its value on Friday, losing 7.75% of its worth between its opening and closing prices, as reported by TradingView data. This sudden drop brought Bitcoinâs price down to the $43,000 region.
đ€·ââïžAt the time of Bitcoin had recovered slightly, but its 24-hour loss still stood at 6.92%.
âĄïžDespite the overall market downturn, Bitcoinâs dominance slightly increased by 0.54%, reaching 47.82%. The Fear and Greed Index also remained at 64, indicating a prevailing greedy sentiment in the crypto market.
đIn contrast to the larger-capped cryptocurrencies, several smaller-cap tokens witnessed significant gains. With an impressive 54% increase in value over a 24-hour period. TRVL followed closely, achieving a 50% profit, while MYRO recorded a 38.9% gain during the same timeframe.
#Crypto #Decrease #Anilsingta
đ„A recent update prominent crypto research and analytics platform, revealed that the cryptocurrency market is currently facing a significant downturn. As of today, January 13, 2024, all of the top 10 cryptocurrencies by market capitalization are trading in the red zone. This downward trend follows a sharp drop in Bitcoinâs price, which had reached a yearly high the day before.
đ±Bitcoinâs Price Plunge
âŹïžBitcoin, the leading cryptocurrency, experienced a substantial decline in its value on Friday, losing 7.75% of its worth between its opening and closing prices, as reported by TradingView data. This sudden drop brought Bitcoinâs price down to the $43,000 region.
đ€·ââïžAt the time of Bitcoin had recovered slightly, but its 24-hour loss still stood at 6.92%.
âĄïžDespite the overall market downturn, Bitcoinâs dominance slightly increased by 0.54%, reaching 47.82%. The Fear and Greed Index also remained at 64, indicating a prevailing greedy sentiment in the crypto market.
đIn contrast to the larger-capped cryptocurrencies, several smaller-cap tokens witnessed significant gains. With an impressive 54% increase in value over a 24-hour period. TRVL followed closely, achieving a 50% profit, while MYRO recorded a 38.9% gain during the same timeframe.
#Crypto #Decrease #Anilsingta
BTC.com data shows that yesterday's total #BTCbitcoin network fees were about 71.58 BTC, marking a decline for the third consecutive day. This is a #Decrease of approximately 67.3% from the peak a week ago (219 BTC on January 14th) $BTC
The current price of ETH is $2378.15, with a #Decrease of 4.05% in the last 24 hours. In this period, the total amount of #Liquidated contracts across the network is $101 million, primarily in long positions, with ETH liquidations amounting to $26.8 million (26.48%). It's time to seize the opportunity for an $ETH rebound. #Write2Earn