2025-01-10 04:02:12 by CoinGape

Cryptocurrency prices today reflect a bearish trend as Bitcoin (BTC) hit a low of $92,000, while major altcoins like Ethereum (ETH) and XRP saw declines of around 2.51% and 3%, respectively. The global crypto market cap dropped by 1.68% to $3.25 trillion, with trading volumes falling 11% to $155 billion. These declines come as markets anticipate U.S. jobs data, which could impact interest rate expectations and crypto valuations. The Fear and Greed Index remains at 43, indicating neutral market sentiment amid ongoing volatility.Crypto Prices Today: BTC, ETH, XRP, and SOL Struggle to Hold Key LevelsBitcoin (BTC) dropped to $92,000, continuing its bearish trend, while Ethereum (ETH) fell by 2.51%. XRP declined by 3%, and Solana (SOL) recorded losses amid overall market weakness. Meanwhile, CleanSpark announced that it has mined over 10,000 BTC in its treasury, showcasing resilience despite market volatility.Bitcoin Price TodayBitcoin (BTC) price was trading at $93,433 after hitting a low of $91,231 earlier in the day. The leading cryptocurrency was down by 1% at the time of writing. Its market cap has once again fallen below the $2 trillion mark, now standing at $1.85 trillion. As per Coinglass data, in the last 12 hours, Bitcoin saw a liquidation of $43 million, with $33 million from long positions and $9 million from short positions. Ethereum Price TodayEthereum (ETH) was trading at $3,245, down 2.55% in the past 24 hours. Its 24-hour low was $3,159, while the high touched $3,341. Crypto prices today remained bearish, but a CoinGape analyst suggested ETH could potentially hit its all-time high, as Fidelity deposited 103 million ETH into Coinbase, sparking fresh market interest.XRP Price TodayXRP was trading at $2.28, reflecting a 3% drop in the last 24 hours. Its 24-hour low stood at $2.23, while the high reached $2.36. In other news, on-chain data revealed that Ripple Labs transferred 300 million XRP to an anonymous wallet, sparking concerns of a potential sell-off in the market.Solana Price TodaySolana (SOL) was trading at $188, down by approximately 4% in the last 24 hours. Its 24-hour low was $182, while the high reached $195. The coin is facing some downward pressure, continuing the bearish trend in the broader market.Top Cryptocurrency Gainer Prices TodayAs per crypto prices today, here are the top 5 crypto gainers over the last 24 hours:Kaia (KAIA)Price: $0.21 24-hour gain: +3%Litecoin (LTC)Price: $103.93 24-hour gain: +2.15%BitTorrent (BTT)Price: $0.000001161 24-hour gain: +2.06%Movement (MOVE)Price: $0.88 24-hour gain: +2%KuCoin Token (KCS)Price: $10.60 24-hour gain: +1.67%Top Cryptocurrency Loser Prices Today As per crypto prices today, here are the top 5 crypto losers over the last 24 hours:THORChain (RUNE)Price: $3.27 24-hour loss: -17%SPX6900 (SPX)Price: $1.17 24-hour loss: -10%Bittensor (TAO)Price: $430.80 24-hour loss: -7.15%Dogwifhat (WIF)Price: $1.57 24-hour loss: -6.84%Virtual Protocols (VIRTUAL)Price: $3.21 24-hour loss: -6% Meme crypto has shown a mixed reaction as Bitcoin touched the $92K mark. Dogecoin (DOGE) was down by approximately 4%, trading at $0.326, while Shiba Inu (SHIB) was trading at the same price as yesterday, with a slight gain, now at $0.00002129.Other top meme coins such as PEPE, PENGU, and BONK are down by approximately 4% in the last 24 hours.U.S. Non-farm Payrolls Report: Key Market Trigger for Crypto Prices TodayThe market now braces for the U.S. Non-farm Payrolls report, expected to highlight December’s job growth figures. Crypto analysts DegenDePraga predict a payroll increase between 100,000 and 125,000 jobs, which could signal that the Federal Reserve might hold interest rates steady. However, figures outside this range could trigger market volatility. Same as the 3-day retrace on $BTC from 102k to 91k wasn’t the start of a bearmarket, this relief to 94k is not a bullish rebound. Wait for the NFP job data at 8.30am NY time. How to read Non-Farm Payrollls the data: – 100-125k = very gud– 50k-200k (outside of 100-125k) =… — DegenDePraga (@thy_crypto) January 10, 2025Analyst cautioned traders, saying, “whatever the number, there will be volatility first as trading bots get triggered sweeping liquidity (potentially both ways). Wait for the dust to settle. If we get 100-125k or close to that number, we may go up straight away short-term.”On a more positive note, the hourly chart suggests some recovery, as Bitcoin and major altcoins are in the green in the last hour. AI16Z has been the top performer, up by 2% in the past hour. Coingape Staff CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article. Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.