Key highlights:
- The total cryptocurrency market cap increased from $ 3.42T to $ 3.55T in the past 24 hours, representing a 3.66% change
- The Bitcoin price at press time is $ 99,389 after growing by 2.43% in the last 24 hours
- The total crypto trading volume increased by 3.66% in the past 24 hours, and is currently at $ 475.58B
- All prices and changes are presented at the time of publication: January 16, 2025, at 06:00 UTC
Market Overview
The total cryptocurrency market cap is currently $ 3.55T after a 3.66% increase on the day. The total crypto trading volume increased by 3.66% in the same time frame.
Bitcoin is trading at $ 99,389 after seeing a 2.43% gain in the last 24 hours. The Bitcoin dominance fell by -0.77% and BTC currently represents 55.48% of the cryptocurrency market.
Top Coins By Market Cap
At press time, Bitcoin has a market capitalization of $ 1.97T after gaining 2.43% in the last 24 hours. According to our forecast, the value of Bitcoin will drop by null% and reach null by January 16, 2025. To learn more about how the price of Bitcoin could change over the next 7 days, visit our Bitcoin price prediction page.
Ethereum, which is the second-largest cryptocurrency by market cap, is priced at $ 3,367.12 and has a market capitalization of $ 405.71B. ETH increased by 4.17% in the last 24 hours. If you’re interested in where the price of Ethereum could head next, check out the Ethereum price prediction.
Bears Dominate the Market Today
The bears dominated the market today as 59% of coins lost value in the last 24 hours.
Today’s Top Gainers are Virtual Protocol, Fartcoin, and AI Rig Complex
Thanks to a 29.49% price increase, Virtual Protocol was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. Fartcoin came in second place, with 24-hour gains of 25.25%. AI Rig Complex, aixbt by Virtuals and Litecoin complete today’s list of the top cryptocurrency gainers.
Today’s Top Losers are Akuma Inu, Freysa AI, and Movement
Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was Akuma Inu, which saw a loss of -31.42%. Freysa AI also didn’t perform well, as its price declined by -8.89% in the last 24 hours. Movement, Gigachad and Gas round out today’s top 5 worst performers.
GateToken reached new All-Time High after gaining +41.24% in the last month
The following coins in the cryptocurrency top 200 hit new all-time high prices today:
- GateToken’s new ATH is $ 19.77
- AI Rig Complex’s new ATH is $ 0.476457
Congratulations to the HODLers!
Coin of the Day is Virtual Protocol
Thanks to its impressive 29.49% performance, Virtual Protocol is today’s coin of the day! Virtual Protocol is currently trading at $ 3.78. Learn more about Virtual Protocol and its position in the market on our Virtual Protocol price prediction page.
Our technical indicators show that the current Virtual Protocol sentiment is undefined.
Buy/Sell Virtual Protocol
Source: https://coincodex.com/article/61257/daily-market-update-for-january-16-2025/