Market Update

Cryptocurrency price today (January 6, 2024): Bitcoin loses $100,000 again

Today the global cryptocurrency market is showing signs of growth, and as a result, the company’s total market capitalization increased by 0.82% in 24 hours to $3.53 trillion. Optimism called for a healthy boost in trading activity, with intraday numbers rising 2.90% to $90.61 billion. Respectively, the Fear and Greed index reflects broader market sentiment with a “greed” score of 60.

Is Bitcoin price moving forward with ETF inflows?

Bitcoin showed resilience on the daily charts, this time with a 1.23% gain over the 24-hour period to $99,531.72. It is worth noting that its market value increased to $1.97 trillion, while trading volume increased by 27.66% to reach $25.93 billion. Catalyzing the healthy momentum, ETFs recorded a weekly inflow of $244 million, indicating strong institutional support.

Curious about the future of Bitcoin? Read our Bitcoin price predictions 2025, 2026-2030!

Altcoin prices today

Ethereum price has risen with its uptrend momentum, with a price gain of 1.33%, and is currently trading at $3,685.89. On the other hand, Solana fell by 0.43% to $216.11. XRP showed a fairly small increase of 0.47% to reach a price of $2.41.

Are you wondering if ETH can claim $5k soon? Read our Ethereum price forecast 2025, 2026-2030.

Top winners:

  • SPX: It rose 15.98% to $1.53.
  • Eng: It rose 11.24% to $25.92.
  • Fill: It rose 10.17%, trading at $6.20.

Biggest losers:

  • Hunt: It fell by 4.04% to $6.47.
  • Wifi: It fell by 2.67% to $2.11.
  • Bonk: It fell by 2.20% to $0.00003462.

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Frequently asked questions

What is the Fear and Greed Index result today?

The Fear and Greed Index currently stands at 60, highlighting feelings of “greed.”

Which currencies performed best today?

Shares of SPX, INJ, and FIL were among the biggest gainers, with increases of 15.98%, 11.24%, and 10.17%, respectively.

How did Bitcoin (BTC) perform today?

Bitcoin rose 1.23% in the past 24 hours, trading at $99,531.72.

http://image.coinpedia.org/wp-content/uploads/2024/09/17180828/Cryptocurrency-News-Today-Bitcoin-to-Reclaim-60k-Next-1.webp

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