Cryptocurrency market today (January 10, 2025): Bitcoin price at $94,000
The cryptocurrency market has seen a significant decline over the past 24 hours, with the global market capitalization falling by 1.05%, to settle at $3.27 trillion. Trading volumes also rose 8.61% to $151.27 billion, as marketers awaited an update on US jobs data. Respectively, the fear and greed index remains in the “neutral” zone at 43, reflecting cautious sentiment among investors.
Does Bitcoin price show resilience despite market decline?
Bitcoin price saw a slight decline of 0.31%, to trade at $94,106.34. Its market cap now stands at $1.86 trillion, down slightly by 0.40%. Despite a 4.70% drop in trading volume, Bitcoin maintains its dominance, acting as a haven for investors during unstable market conditions.
To delve deeper into Bitcoin’s potential price path, explore our website Bitcoin price forecast.
Altcoins are under pressure amid market decline
Altcoins faced pressure, with Ethereum falling 1.70% to $3,271.19, Solana falling 2.13% to $190.74, and Ripple falling 2.07% to $2.30. This trend highlights a phase of consolidation as traders navigate mixed market signals.
If you are interested in the future predictions of Ethereum, check out our website Ethereum price prediction.
High performers: AI16Z leads the pack
- AI16Z: It rose by 6.03% to $1.57.
- Kaya: It rose by 4.49% to reach $0.2129.
- It moves: It rose by 3.26%, and was traded at $0.8929.
Biggest Losers: RUNE takes a big hit
- Ron: It fell by a staggering 16.74% to reach $3.25.
- SPX6900: It decreased by 10.71% to reach $1.18.
- radium (ray): It decreased by 5.19% to reach $4.98
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Frequently asked questions
The price of 1 Bitcoin is currently $94,106.34.
AI16Z (+6.03%), KAIA (+4.49%), and MOVE (+3.26%) led the market gains.
Ethereum saw a decline of 1.70%, trading at $3,271.19.
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