Crypto News Today (Jan 09th, 2025): Bitcoin Price Drops to $94k | Strike Surges 144%
Shrishesh Tanksalkar9 Jan 20252 min read
The cryptocurrency market displayed mixed sentiments today as the global market cap dropped by 1.70%, settling at $3.31 trillion. Trading volumes also took a hit, falling 4.71% in the past 24 hours to $165.14 billion. The Fear & Greed Index remained unchanged at 49, signaling a neutral sentiment among investors as the market searches for direction.
Bitcoin Price Slips to $94k!
Bitcoin (BTC) continues to face selling pressure, recording a 2.37% decline in the last 24 hours. The leading cryptocurrency is now priced at $94,297.62, with its market cap at $1.86 trillion. Despite a slight uptick in 24-hour trading volume by 1.79% to $63.81 billion, BTC struggles to maintain momentum as investors remain cautious.
Explore more in-depth Bitcoin insights in our Bitcoin Price Prediction.
Altcoin Today: XRP Stands as Gainer!
Ethereum (ETH) showcased resilience, losing only 0.74% to trade at $3,328.24. Solana (SOL) also saw a mild dip of 0.81%, priced at $194.62. XRP stood out as a rare gainer among major assets, climbing 1.66% to $2.35, bolstered by renewed interest in the token.
For more detailed Ethereum analysis, check our Ethereum Price Prediction.
Top Gainers & Losers
Among the top gainers, Strike (STRK) emerged as a star performer, skyrocketing 144.31% to $18.94. XDC Network (XDC) followed with a gain of 5.26%, now trading at $0.09382. Privacy-focused Monero (XMR) rose 3.87% to $195.61, solidifying its position as a reliable performer during market dips.
On the losing side, AI16Z led the laggards, plummeting 20.17% to $1.47. Thorchain (RUNE) declined 10.13% to $3.87, while Virtual (VIRTUAL) fell 9.95% to $3.28, reflecting bearish sentiment in some mid-cap tokens.
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FAQs
- The Fear & Greed Index stands at 49, indicating a neutral sentiment in the market.
