ARC up +27.19%, BTC +2.60%, Jupiter is The Coin of The Day – Daily Market Update for Jan 28, 2025

Key highlights:

  • The total cryptocurrency market cap increased from $ 3.40T to $ 3.52T in the past 24 hours, representing a 3.52% change
  • The Bitcoin price at press time is $ 102,987 after growing by 2.60% in the last 24 hours
  • The total crypto trading volume increased by 3.52% in the past 24 hours, and is currently at $ 680.72B
  • All prices and changes are presented at the time of publication: January 28, 2025, at 06:00 UTC

Market Overview

The total cryptocurrency market cap is currently $ 3.52T after a 3.52% increase on the day. The total crypto trading volume increased by 3.52% in the same time frame.

Bitcoin is trading at $ 102,987 after seeing a 2.60% gain in the last 24 hours. The Bitcoin dominance grew by 0.24% and BTC currently represents 57.94% of the cryptocurrency market.

Top Coins By Market Cap

At press time, Bitcoin has a market capitalization of $ 2.04T after gaining 2.60% in the last 24 hours. According to our forecast, the value of Bitcoin will drop by null% and reach null by January 28, 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 $ 3,214.66 and has a market capitalization of $ 387.38B. ETH increased by 2.31% 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 57% of coins lost value in the last 24 hours.

Today’s Top Gainers are AI Rig Complex, Jupiter, and Freysa AI

Thanks to a 27.19% price increase, AI Rig Complex was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. Jupiter came in second place, with 24-hour gains of 28.07%. Freysa AI, SKALE and Aerodrome Finance complete today’s list of the top cryptocurrency gainers.

Today’s Top Losers are Toshi, Onyxcoin, and Pudgy Penguins

Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was Toshi, which saw a loss of -16.71%. Onyxcoin also didn’t perform well, as its price declined by -14.88% in the last 24 hours. Pudgy Penguins, THORChain and Avalanche round out today’s top 5 worst performers.

MimbleWimbleCoin reached new All-Time High after gaining +25.22% in the last month

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

  • MimbleWimbleCoin’s new ATH is $ 33.64

Congratulations to the HODLers!

Coin of the Day is Jupiter

Thanks to its impressive 28.07% performance, Jupiter is today’s coin of the day! Jupiter is currently trading at $ 1.24. Learn more about Jupiter and its position in the market on our Jupiter price prediction page.

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

Buy/Sell Jupiter

Source: https://coincodex.com/article/61803/daily-market-update-for-january-28-2025/