Cryptocurrency Price And Bitcoin Today jan 22, Dips Below $41,000, Helium Becomes Biggest Loser 2024

Cryptocurrency Market Update: January 22, 2024

Bitcoin (BTC), the world’s oldest and most valuable cryptocurrency, Cryptocurrency Price And Bitcoin Today experienced a drop to the $41,000 mark on Monday morning. Several other top coins, including Ethereum (ETH), Dogecoin (DOGE), Solana (SOL), Ripple (XRP), and Litecoin (LTC), also saw declines. Notably, the Manta Network (MANTA) token stood out as the biggest gainer, recording a 24-hour jump of over 15 percent. On the flip side, Chiliz (CHZ) emerged as the biggest loser, with a 24-hour dip exceeding 10 percent.

At the time of writing, the global cryptocurrency market cap was $1.62 trillion, reflecting a 24-hour loss of 1.65 percent.

Bitcoin (BTC) Price Update:

Bitcoin’s price stood at $40,999.03, indicating a 24-hour dip of 1.50 percent, according to CoinMarketCap. WazirX, an Indian exchange, reported the BTC price at Rs 36.55 lakh.

Ethereum (ETH) Price Update:

ETH price was at $2,421.45, marking a 24-hour dip of 2.11 percent. In India, WazirX recorded the Ethereum price at Rs 2.15 lakh.

Dogecoin (DOGE) Price Update: Cryptocurrency Price And Bitcoin Today

DOGE registered a 24-hour loss of 4.33 percent, with a current price of $0.08322. In India, WazirX reported the Dogecoin price as Rs 7.40.

Litecoin (LTC) Price Update:

Litecoin saw a 24-hour gain of 1.20 percent, trading at $71.99. The LTC price in India stood at Rs 6,240.49.

Ripple (XRP) Price Update:

XRP price was at $0.5409, experiencing a 24-hour loss of 2.23 percent. WazirX recorded the Ripple price at Rs 47.46.

Solana (SOL) Price Update:

Solana’s price stood at $89.15, with a 24-hour dip of 3.68 percent. In India, SOL price on WazirX was Rs 7,902.

Top Crypto Gainers Today:

According to CoinMarketCap, the top five crypto gainers over the past 24 hours are:

1. Manta Network (MANTA)
   • Price: $2.60
   • 24-hour gain: 15.44 percent
2. Frax Share (FXS)
   • Price: $9.42
   • 24-hour gain: 1.96 percent
3. Ronin (RON)
   • Price: $2.35
   • 24-hour gain: 1.76 percent
4. Flow (FLOW)
   • Price: $0.8053
   • 24-hour gain: 1.65 percent
5. Litecoin (LTC)
   • Price: $71.90
   • 24-hour gain: 0.91 percent

Top Crypto Losers Today:

The top five crypto losers over the past 24 hours, as per CoinMarketCap, are:

1. Chiliz (CHZ)
   • Price: $0.09424
   • 24-hour loss: 10.39 percent
2. Sei (SEI)
   • Price: $0.6164
   • 24-hour loss: 9.48 percent
3. Sui (SUI)
   • Price: $1.02
   • 24-hour loss: 8.10 percent
4. Blur (BLUR)
   • Price: $0.5832
   • 24-hour loss: 6.58 percent
5. Mina (MINA)
   • Price: $1.08
   • 24-hour loss: 6.33 percent

Crypto Market Analysis:

Experts provide insights into the current market scenario:

• Edul Patel, Mudrex co-founder and CEO: Bitcoin’s consolidation at $41,000 indicates a battle between bulls and bears, with a potential sideways movement. Ethereum’s valuation at $2,400 suggests a need for bulls to reclaim the $2,500 zone to avoid a drop.
• CoinSwitch Markets Desk: Despite the US stock market’s positive momentum, Bitcoin remains around $41,000. Altcoins are affected, and market direction depends on crucial movements, especially with hot altcoins like Arbitrum.
• Sathvik Vishwanath, CEO of Unocoin: Bitcoin is holding above $41,000, with slight gains and declines. Ethereum around $2,400 prompts speculation amid X’s plans for a Payments account. Both Bitcoin and Ethereum face pivotal points, with cautious optimism in price forecasts.
• CoinDCX Research Team: BTC shows a bearish trend, hovering above $40,500 support. ETH, below 20EMA, indicates a bearish outlook, with potential pullback from the key level at $2,390.

Disclaimer:

Cryptocurrency and NFTs are unregulated and carry high risks. Readers should seek expert advice and carefully consider investment decisions. Cryptocurrency market predictions are speculative, and investments involve potential losses.

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