Crypto Market Today (January 27, 2025): Bitcoin drops below $101K
The cryptocurrency business has entered a corrective phase, reflecting the US stock market hit by Chinese AI firm Deepseek. Respectively, the market cap fell by 5.11% to $3.43 trillion over the past 24 hours. Meanwhile, trading volumes rose 38.17% to $112.29 billion, indicating active participation amid volatility. The Fear and Greed Index stands at a neutral 55, reflecting balanced sentiment among investors.
Bitcoin is struggling to get the key support at $100k
Bitcoin continues to feel the heat, losing 4.67% over the past 24 hours and trading at $100,093.44. Despite the price decline, Bitcoin’s dominance remains strong at 58.03%, with the market rising $1.98 trillion. BTC’s 24-hour trading volume rose to $37.79 billion, showing increased activity as investors pause from downtrend concessions.
Curious about what’s next for BTC on the price charts? Read our Bitcoin (BTC) Price Prediction 2025, 2026 – 2030!
Watchins Watch: ETH, SOL, XRP Slips Slips
The most prominent tokens have seen increasing pressure, as the market adjusts to broader macroeconomic factors. Ethereum slid 5.99% to $3,144.85, reflecting bearish market sentiment. Solana saw a steeper price decline of 10.29% to $232.04, while XRP fell 6.07% to $2.94.
Are you interested in stacking some ETH before the $4k mark, but concerned about its future? Read our Ethereum (ETH) Price Prediction 2025, 2026 – 2030!
Best winners and losers
Among the top gainers, AIOZ rose 6.43% to $0.8226, followed by JUP with +4.79% and MOVE with +4.76% gain. On the flip side, Fartcoin fell 26.78% to $0.9737, making it the worst performer of the day. XCN and Virtual also suffered significant losses, falling by 20.60% and 18.48%, respectively.
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Frequently asked questions
Bitcoin is priced at $100,093.44 at the time of writing.
Aioz, Jup, and Move are the top performers, with gains of 6.43%, 4.79%, and 4.76%, respectively.
Ethereum is down 5.99% over the past 24 hours, trading at $3,144.85.
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2025-01-27 11:17:00