Bitcoin is less than 80 thousand dollars; ETH, XRP, Sol decreases 10 %

The increasing tension in the encryption market has caused a decrease in bitcoin to less than 80,000 dollars today, which is the lowest level since November 2024. It has decreased by 8 % during the past 24 hours and 27 % since it reached its highest level at 109,114 dollars on January 20.

One of the main reasons behind the low price of bitcoin today, with increased political and organizational tension in the United States, as it pushes many Bitcoin states to its strategic reserves amid uncertainty in the market.

According to market data, BTC is currently trading near $ 79,100 with a decrease in the market value to $ 1.56 trillion.

While Bitcoin is declining, the encryption market is witnessing the bloodbath today with the main altcoins – ETH, XRP and Sol decreased more than 10 % in 24 hours. ETHEREUM (ETH) price decreased 10 % today and 23 % in the past seven days, while the Solana (SOL) price has also been 9 % success today and more than 27 % in 7 days.

Altcoins decreased in the middle of the hats-including Tao, IP, Virtual, Ray, Trump, LDO- more than 15 % while S, Pepe, Sei, AAVE, Kaspa, Pyth, Link and MKR 13 % decreased today.

The encryption is directed today

• Polkadot Point
• Myshell
• STX (Mbasat)
• WLD (WorldCOIN)
• Morfu (Morfu)

The best winners today

• NERVOS Network (CKB): +10 %
• Morpho (Morpho): +6 %

The best losers today

• Kaito (kaito): -23 %
• Safe (safe): -22 %
• Ron (Thorchin): -17 %
• Tao (BitTensor): -16 %
• Virtual (virtual protocol): -15 %

According to CoinmarketCap DataThe Crypto Global Market is sitting today with $ 2.64 trillion, a decrease of 7.25 % over the past 24 hours.

Also read: The encryption market is in a state of complete panic with BTC drop to less than 80 thousand dollars; Check the living prices here