XCN up +21.03%, BTC -0.89%, Raydium is The Coin of The Day – Daily Market Update for Jan 21, 2025 | CoinCodex

XCN up +21.03%, BTC -0.89%, Raydium is The Coin of The Day - Daily Market Update for Jan 21, 2025

Key highlights:

  • The total cryptocurrency market cap decreased from $ 3.75T to $ 3.55T in the past 24 hours, representing a -5.49% change
  • The Bitcoin price at press time is $ 101,393 after falling by -0.89% in the last 24 hours
  • The total crypto trading volume decreased by -5.49% in the past 24 hours, and is currently at $ 931.27B
  • All prices and changes are presented at the time of publication: January 21, 2025, at 06:00 UTC

Market Overview

The total cryptocurrency market cap is currently $ 3.55T after a -5.49% decrease on the day. The total crypto trading volume declined by -5.49% in the same time frame.

Bitcoin is trading at $ 101,393 after seeing a -0.89% loss in the last 24 hours. The Bitcoin dominance fell by -0.44% and BTC currently represents 56.63% of the cryptocurrency market.

Top Coins By Market Cap

At press time, Bitcoin has a market capitalization of $ 2.01T after losing -0.89% in the last 24 hours. According to our forecast, the value of Bitcoin will drop by null% and reach null by January 21, 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 $ 3,224.14 and has a market capitalization of $ 388.48B. ETH decreased by -1.98% 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 79% of coins lost value in the last 24 hours.

Today’s Top Gainers are Onyxcoin, Raydium, and Dog (Bitcoin)

Thanks to a 21.03% price increase, Onyxcoin was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. Raydium came in second place, with 24-hour gains of 15.34%. Dog (Bitcoin), Mantle and GateToken complete today’s list of the top cryptocurrency gainers.

Today’s Top Losers are Melania Meme, Official Trump, and Freysa AI

Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was Melania Meme, which saw a loss of -61.92%. Official Trump also didn’t perform well, as its price declined by -42.82% in the last 24 hours. Freysa AI, Fartcoin and AI Rig Complex round out today’s top 5 worst performers.

GateToken reached new All-Time High after gaining +63.89% in the last month

The following coins in the cryptocurrency top 200 hit new all-time high prices today:

Congratulations to the HODLers!

Coin of the Day is Raydium

Thanks to its impressive 15.34% performance, Raydium is today’s coin of the day! Raydium is currently trading at $ 7.29. Learn more about Raydium and its position in the market on our Raydium price prediction page.

Our technical indicators show that the current Raydium sentiment is Bullish.

Buy/Sell Raydium

Source: https://coincodex.com/article/61512/daily-market-update-for-january-21-2025/