On Wednesday, January late afternoon, the entire cryptocurrency market capitalization of all 6400+ coins in existence was around $987.91B according to CoinMarketCap. The top performers of the cryptocurrency industry i.e. Bitcoin has witnessed a decrease in its price is trading just above the $34,429.59 zone and is down by 7.40% today. Despite the down price, BTC’s dominance in the crypto market is currently around 65.28%.
The world’s second cryptocurrency Ethereum after closing to its all-time high price has shown a downfall of 7.95% in the last 24 hours and is trading at $1,289.26, having a market cap of$146,264,853,194.
Ether (USDT) and Polkadot the 3rd and 4th major cryptocurrency as per the market capitalization have also shown a downfall of 0.23% and 12.68%, trading at $1.00 and $15.27 respectively.
Other altcoins that come in the top 10 as per the market capitalization have also shown a downfall in the last 24 hours. Some of them are
- Ripple (XRP) by 6.51%, trading at $0.2890
- Cardano(ADA) by 8.23%, trading at $0.3412
- Litecoin(LTC) by 11.50%, trading at $143.78
- Bitcoin Cash (BCH) by 8.37%, trading at $486.17
- Chainlink (LINK) by 11.13%, trading at $19.76
- Binance Coin (BNB) by 10.39%, trading at $41.11
Overall the crypto market is showing a bullish trend in the last 24 hours. If you want to invest in cryptocurrencies and looking for the best time to invest, this is the time for you to get better returns in the future.
Stay tuned to get the latest news related to the cryptocurrency market.
