Crypto Market Today (Jan 27th, 2025): Bitcoin Drops Below $101k | ETH, SOL, XRP Trade In Losses
Shrishesh Tanksalkar27 Jan 20252 min read
The cryptocurrency business has entered a corrective phase, mirroring the U.S. stock market hit by DeepSeek Chinese AI startup. Successively, the market cap has slipped 5.11% to $3.43 trillion in the past 24 hours. Meanwhile, trading volumes surged by 38.17% to $112.29 billion, indicating active participation amid volatility. The Fear & Greed Index stands at a neutral 55, reflecting a balanced sentiment among investors.
Bitcoin Struggles to Hold Key Support at $100k
Bitcoin continues to feel the heat, losing 4.67% over the last 24 hours and trading at $100,093.44. Despite the price dip, Bitcoin’s dominance remains robust at 58.03%, with a market cap of $1.98 trillion. The 24-hour trading volume for BTC surged to $37.79 billion, showcasing increased activity as investors cease the perks of the downtrend.
Curious about BTC’s next move on its price charts? Read our Bitcoin (BTC) Price Prediction 2025, 2026 – 2030!
Altcoins Watch: ETH, SOL, XRP Prices Slip
Top altcoins saw growing pressure, as the market adjusted to broader macroeconomic factors. Ethereum slid by 5.99% to $3,144.85, reflecting the market’s bearish sentiment. Solana saw a sharper price decline of 10.29% to $232.04, while XRP fell by 6.07% to $2.94.
Interested in stacking some ETH before the $4k tag, but worried about its future? Read our Ethereum (ETH) Price Prediction 2025, 2026 – 2030!
Top Gainers and Losers
Among top gainers, AIOZ soared 6.43% to $0.8226, followed by JUP with +4.79% and MOVE with +4.76% gains. On the flip side, FARTCOIN plummeted 26.78% to $0.9737, making it the worst performer of the day. XCN and VIRTUAL also suffered significant losses, declining by 20.60% and 18.48%, respectively.
Subscribe to us, as we bring to you all the exciting updates from the crypto market!
FAQs
- Bitcoin is priced at $100,093.44 at the time of writing.
