Quick analysis of cryptocurrency prices on January 26: The worldwide market capitalization stood at $1.56 trillion.

Bitcoin (BTC), the world’s oldest and most valuable cryptocurrency, surpassed $40,000 early Friday. Other popular coins, such as Ethereum (ETH), Dogecoin (DOGE), Solana (SOL), Ripple (XRP), and Litecoin (LTC), experienced a mix of modest increases and declines. The MANTA token, which was the biggest gainer yesterday, ended up being the biggest loser today, with a 24-hour drop of more than 10%. PYTH, on the other hand, became the greatest gainer, with a 24-hour increase of more than 13%.

At the time of writing, the worldwide cryptocurrency market capitalization was $1.56 trillion, up 0.32 percent in 24 hours.

Bitcoin (BTC) Price Today
According to CoinMarketCap, the bitcoin price was $40,116.38, representing a 0.37 percent increase in the previous 24 hours.

Ethereum (ETH) Price Today
At the time of writing, the price of ETH was $2,223.92, a 0.38 percent increase over the previous 24 hours.

Dogecoin (DOGE) Price Today
According to CoinMarketCap data, DOGE increased by 0.17 percent in the last 24 hours and is now trading at $0.07811.

Litecoin (LTC) Price Today
Litecoin increased by 0.15 percent over the course of 24 hours. At the time of writing, the stock was trading at $65.72.

Ripple (XRP) Price Today
XRP was trading at $0.5135, down 0.27 percent in 24 hours.

Solana (SOL) Price Today
Solana was trading at $88.04, down 0.25 percent in 24 hours.

Quick analysis of cryptocurrency prices on January 23rd: The worldwide market capitalization dropped to $1.58 trillion.

Bitcoin (BTC), the world’s oldest and most valuable cryptocurrency, fell below $40,000 early Tuesday, reaching a low of $39,474.66 before recovering. The upcoming policy meeting of the US central bank is expected to provide some clues on the coin’s future behaviour. Other major coins, such as Ethereum (ETH), Dogecoin (DOGE), Solana (SOL), Ripple (XRP), and Litecoin (LTC), all fell in price. The SUI token was the largest gainer of all, with a 24-hour increase of more than 7%. Astar (ASTR) was the greatest loser, with a 24-hour drop of more than 10%.

At the time of writing, the worldwide crypto market capitalization was $1.58 trillion, a 2.42 percent decrease from the previous day.

Bitcoin (BTC) Price Today
According to CoinMarketCap, the bitcoin price was $40,108.25, a 2.13 percent decrease from the previous day.

Ethereum (ETH) Price Today
At the time of writing, the price of ETH was $2,347.37, a 3.13 percent decrease over the previous 24 hours.

Dogecoin (DOGE) Price Today
According to CoinMarketCap data, DOGE has lost 2.28 percent in the past 24 hours and is currently trading at $0.08124.

Litecoin (LTC) Price Today
Litecoin fell 5.30 percent over the course of 24 hours. At the time of writing, it was trading at $68.23.

Ripple (XRP) Price Today
The XRP price was $0.531, representing a 1.74 percent decline over the previous 24 hours.

Solana (SOL) Price Today
Solana prices fell 3.65 percent in 24 hours to $85.67.

Cryptocurrency markets were trading down on Friday due to significant outflows from ETFs. Bluechip cryptocurrency BTC sank 3.2% to $41,381 in early Friday trading, while Ethereum slid 2.5% to $2,467.

The crypto market is seeing an unexpected downtrend as Bitcoin faces selling pressure due to significant withdrawals from Exchange Traded Products (ETPs) to new spot ETF providers.

Blackrock’s Bitcoin ETF accumulated $1 billion worth of BTC in just one week, indicating a significant outflow of Bitcoin to such regulated ETFs. We may expect the Bitcoin price to rise once this changeover has passed and investors have completed their profit booking.

Other big altcoins, including Solana and Avalanche, plummeted more than 6% each. Cardano, XRP, Dogecoin, Polkadot, Chainlink, Toncoin, Polygon, Internet Computer, and Shiba Inu all declined.

CoinSwitch Ventures’ Investments Lead stated, “BTC experienced’sell the news’ pressure due to investor activity surrounding spot ETF approvals, resulting in its lowest price in a month. We can expect considerable fluctuation in the BTC price for some time. However, ETF inflows and assets under management (AUM) remain solid.

DeFi’s total volume is currently $5.54 billion, accounting for 8.49% of the total cryptocurrency market’s 24-hour volume. The entire volume of stablecoins is now $59.51 billion, accounting for 91.23% of the total 24-hour volume on the crypto market.

Bitcoin, the world’s largest cryptocurrency, has seen its market capitalization drop to $812 billion in the last 24 hours. According to CoinMarketCap, Bitcoin now has a dominance of 49.67%. In the last 24 hours, BTC volume climbed by 32.55% to $26.9 billion.

BTC faces a serious difficulty in retaining its current support of $41,000. A break below this level may indicate a bearish feeling, however a successful hold might open the way for the continuation of a new higher high.

ETH remains above the 20 EMA D. To maintain a positive trajectory, ETH must remain above $2,400, as a slip below this level might signal a negative reversal.

In Tuesday trade, the cryptocurrency market was uneven due to profit booking in the major crypto assets. Bitcoin, Ethereum, Solana, Cardano, and Tron were down, while BNB, XRP, Dogecoin, Chainlink, and Toncoin were up.

Bitcoin traders were selling their positions because they were unable to match the margin requirements when the Bitcoin process rose and then fell in a short period of time after Bitcoin ETF listings. Because of the macroeconomic conditions, the market is projected to remain volatile in the next weeks.

Bitcoin (BTC) was down 0.6% at $42,667, while Ethereum (ETH) was down 1.6% at $2,513 at the time of writing. Altcoins such as Toncoin and BNB, on the other hand, increased by 13.2% and 4.5%, respectively.

The price of Bitcoin fell to surprising lows following the approval of the spot ETF, but the bullish performance of altcoins may indicate an early reversal. The excitement surrounding spot Bitcoin exchange-traded funds was palpable, but the lack of a dramatic upward surge may have led traders to take profits. As a result, the price fell sharply to $41,500.

Bitcoin’s price action has been turbulent recently, and the struggle to sustain prices over $48,000 may have encouraged short-term traders to book profits, resulting in a significant drop on January 16. The 20-day exponential moving average ($43,933) is beginning to fall, and the RSI is just below the midway, indicating that bears are trying to make a comeback.

The crypto market was calm during the weekend, with modest trade volume. From a technical standpoint, BTC fell to $42,000 levels after achieving a new high of $49,000. As it trades below the 20 EMA Daily, it appears bearish to neutral. The current level, as well as the $41,000 level, must be maintained for BTC to avoid a negative scenario.

Following a significant gain, ETH has demonstrated relative strength over BTC in recent days. ETH is currently consolidating, which is considered a positive pattern. The important level for ETH is $2,450, and it must remain above it. ETH’s local resistance level is $2,660.

In the latest 24 hours of trading on Tuesday, the global cryptocurrency market cap declined 0.32% to roughly $1.68 trillion.

Bitcoin presently has a 49.78% market share. BTC volume increased 17.5% in the last 24 hours to $19.84 billion.

In Wednesday trade, major crypto tokens were trading with a strong positive bias. While Bitcoin increased by more than 7%. Ethereum, Solana, Binance Coin, XRP, Dogecoin, Cardano, Avalanche, Toncoin, and Tron all increased by up to 15%.

Crypto markets rose in expectation of the US Securities and Exchange Commission (SEC) approving spot bitcoin exchange-traded funds (ETFs) soon. Crypto markets rose more than 6% overnight in response to the US SEC Chairman’s tweet about crypto investing.

Bitcoin momentarily surpassed $47,000 for the first time since April 2022, and he believes it may surge beyond $50,000 if spot ETF approvals come in this week. According to him, BTC dominance has climbed to 54.5%, indicating that the top crypto asset has recently performed well. Any euphoric gain from here could lead to a subsequent fall, he warned investors, advising them to be wary of market volatility during the following seven days.

According to Coinswitch data, the overall market capitalisation of the crypto market has surpassed $1.8 trillion, and the crypto fear and greed index has risen by 6 points since Monday.

After a modest decline to roughly $43,000 on Wednesday morning, the market has reacted strongly to the tweet. According to Coinswitch, $48,000 is a key hurdle for Bitcoin, just before the crucial psychological figure of $50,000,000. ETF approval is also considered as a “huge positive” for the sector, though volatility is expected to rise at least until Thursday.

BTC has been on an upward trend for the previous five days, with a 10% rise month-to-date and a whopping 173% increase year-to-date. A close above the current level sets the groundwork for the next level of resistance above $49,000.

On Thursday, major crypto currencies were trading moderately lower, pulled down by altcoins like as Ethereum, BNB, Solana, Cardano, and Avalanche. Meanwhile, the global cryptocurrency market worth fell 0.43% in the last 24 hours to roughly $1.74 trillion.

Bitcoin was down 0.07% to $45,237, while Ethereum was down 0.12% to $2,377.

BTC reached its highest level in 21 months as Bitcoin began the new year by breaking out of its consolidation zone and breaking through the resistance at 45k USD, as the market anticipates the approval of a Bitcoin ETF in the first week of January.

BTC’s resistance is currently located at US$46,100, while support remains at US$44,800. Ethereum, which is currently trading at US$2,300, follows Bitcoin’s trajectory. To maintain momentum, Ethereum must break through the US$2,500 barrier.

Solana and Avalanche, two popular altcoins, lost 3.5% and 4%, respectively. BNB, Cardano, Dogecoin, Polkadot, Polygon, Chainlink, Toncoin, and Shiba Inu all fell between 1% and 3%.

The overall volume in DeFi is currently $6.98 billion, accounting for 9.69% of the total 24-hour activity in the crypto market. The overall volume of all stablecoins is now $63.22 billion, accounting for 87.8% of the total 24-hour volume of the crypto market.

According to CoinMarketCap, Bitcoin presently has a 51.04% market share. BTC volume increased 17.7% in the last 24 hours to $31.6 billion.

Bitcoin surged above $45,000 for the first time since April 2022 on Tuesday, as the world’s largest cryptocurrency kicked out the New Year with a bang, spurred by hopes for the approval of exchange-traded spot bitcoin funds.

Bitcoin reached a 21-month high of $45,532 after gaining 156% last year, its best yearly performance since 2020. It was last up 2.5% at $45,318 but is still a long way from the record high of $69,000 set in November 2021.

On Tuesday, ether, the token linked to the ethereum blockchain network, was 1.45% higher at $2,386 after rising 91% in 2023.

The emphasis of investors has been fully on whether the US Securities and Exchange Commission would soon approve a spot bitcoin ETF, which would open up the bitcoin market to millions more investors and attract billions of dollars in investment.

In recent years, the Securities and Exchange Commission has denied many applications to launch spot bitcoin ETFs, alleging that the cryptocurrency market is susceptible to manipulation.

In recent months, however, there have been increasing indications that regulators are ready to approve at least part of the 13 proposed spot bitcoin ETFs, with a decision expected in early January.

However, if the green light is given, the obvious issue is whether we will see a buy-the-rumor, sell-on-fact scenario play out or whether it will promote another run higher.

Rising predictions that major central banks will lower interest rates this year have also been beneficial to cryptocurrencies, helping to dispel the pessimism that had crept over crypto markets following the demise of FTX and other crypto-businesses in 2022.

The crypto market is expected to rise significantly this year, with important impacting factors including the influx of investment capital from spot ETFs, the halving of Bitcoin, and more supportive monetary policy in the United States and globally.

Quick view on the cryptocurrency price on December 26: The worldwide market capitalization was $1.68 trillion.

Bitcoin (BTC), the world’s oldest and most valuable cryptocurrency, managed to stay over the $43,000 level on Christmas Day. Popular altcoins, such as Ethereum (ETH), Solana (SOL), Ripple (XRP), Litecoin (LTC), and Dogecoin (DOGE), suffered slight losses. With a 24-hour rise of more than 16 percent, Quant (QNT) emerged as the greatest gainer of the bunch. Helium (HNT) was also the largest loser, falling more than 13% in a 24-hour period.

At the time of writing, the worldwide crypto market valuation was $1.68 trillion, a 1.31 percent drop in a 24-hour period.

Bitcoin Price Today
According to CoinMarketCap, the price of bitcoin was $43,162.01, a 1.59 percent drop in a 24-hour period.

Ethereum Price Today
At the time of writing, the price of ETH was $2,277.12, representing a 1.68 percent 24-hour loss.

Dogecoin Price Today
DOGE fell 2.10 percent in a 24-hour period, according to CoinMarketCap data, and is now worth $0.09248.

Litecoin Price Today
Litecoin fell 2.09 percent in a 24-hour period. It was trading at $71.30 at the time of publication.

Ripple Price Today
The price of XRP was $0.6156, representing a 0.92 percent decline in a 24-hour period. According to WazirX, the current price of Ripple is Rs 53.70.

Solana Price Today
Solana was trading at $111.91, a 3.44 percent decrease over the last 24 hours.

Quick take on the cryptocurrency price on December 22: The worldwide market capitalization increased to $1.66 trillion.

Bitcoin (BTC), the world’s oldest and most valuable cryptocurrency, edged closer to $44,000 early Friday as it continued its surge. Popular altcoins like as Ethereum (ETH), Solana (SOL), Ripple (XRP), Litecoin (LTC), and Dogecoin (DOGE) all finished in the green. With a 24-hour rise of more than 23 percent, NEAR Protocol (NEAR) was the largest gainer of the bunch. ORDI (ORDI) was also the largest loser, falling over 8% in a 24-hour period.

At the time of writing, the worldwide crypto market valuation was $1.66 trillion, a 2.19 percent increase in a 24-hour period.

Bitcoin (BTC) Price Today
According to CoinMarketCap, the price of bitcoin was $43,998.47, a 0.76 percent increase in a 24-hour period.

Ethereum (ETH) Price Today
At the time of writing, the price of ETH was $2,249.52, representing a 2.24 percent 24-hour gain.

Dogecoin (DOGE) Price Today
DOGE gained 2.26 percent in a 24-hour period, according to CoinMarketCap data, and is now trading at $0.0937.

Litecoin (LTC) Price Today
Litecoin fell 1.75 percent in a 24-hour period. It was trading at $70.92 at the time of publication.

Ripple (XRP) Price Today
The price of XRP was $0.6201, up 0.75 percent in 24 hours.

Solana (SOL) Price Today
Solana price was $98.20, a 17.97% increase in 24 hours.

Bitcoin commenced trading at $42,000 at the start of the week, but a surge in take-profit and sell orders caused broad market liquidation following its recent peak at $44,700. The market saw a tug-of-war between bulls and bears, with sell-offs on Tuesday and Wednesday forcing BTC to drop below $40,000 ahead of the US interest rate announcement.

Bitcoin quickly recovered to the US$43,000 level on Thursday as the Federal Reserve maintained stable rates and hinted at future rate reduction in the coming year. The US Financial Accounting Standards Board (FASB) added to the market boost by enacting new accounting rules requiring corporations including as MicroStrategy, Tesla, and Block to evaluate their cryptocurrency holdings at fair value. These guidelines, which go into effect in 2025, will allow corporations to monitor real-time swings in asset values.

BTC is currently consolidating at $42,000, representing a 36% decrease from its peak but a phenomenal 159% year-to-date gain. The key resistance levels are $43,200 and $43,500, with support at $41,200, reflecting an overall optimistic outlook. Ethereum, like BTC, exhibits comparable profit and loss trends. Despite being 52% lower than its all-time high, Ethereum is up 12% month to date and 91% year to date.

El Salvador obtained regulatory clearance for the world’s first Bitcoin bonds, highlighting the shifting environment of digital finance. This action underscores El Salvador’s commitment to incorporating Bitcoin into its economic infrastructure following the country’s decision to make Bitcoin legal tender in September 2021. The introduction of Bitcoin bonds indicates a growing acceptance of cryptocurrencies as genuine financial instruments, which might draw funds from people and institutions looking for portfolio diversification and exposure to Bitcoin’s upside. Other governments may pursue similar approaches as the crypto sector evolves, with legal frameworks defining the future of these financial assets. Investors should keep a careful eye on these developments for clues about the global convergence of traditional and digital finance.

A noteworthy event expected for the coming year is the Bitcoin halving in April 2024. This four-year event involves half miners’ earnings in order to regulate the introduction of new Bitcoins, contributing to Bitcoin’s deflationary character. Historical trends from 2012, 2016, and 2020 show that Bitcoin Halving precedes a price spike in the months leading up to the event and in the months following.

Another imminent step is the likely approval of spot Bitcoin Exchange-Traded Funds (ETFs). This regulatory milestone might have far-reaching consequences for the cryptocurrency sector, providing investors with direct and regulated access to Bitcoin. The approval of spot Bitcoin ETFs might be a watershed moment in the financial world, drawing a broader spectrum of investors and helping to cryptocurrencies’ mainstream acceptability.