{"id":45906,"date":"2025-01-23T07:04:57","date_gmt":"2025-01-23T07:04:57","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/crypto-prices-on-jan-23-btc-sinks-below-102k-melania-crashes-18\/"},"modified":"2025-01-23T07:04:57","modified_gmt":"2025-01-23T07:04:57","slug":"crypto-prices-on-jan-23-btc-sinks-below-102k-melania-crashes-18","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/crypto-prices-on-jan-23-btc-sinks-below-102k-melania-crashes-18\/","title":{"rendered":"Crypto prices on Jan 23: BTC sinks below $102K, MELANIA crashes 18%"},"content":{"rendered":"

(Originally posted on : Invezz )<\/b>
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The cryptocurrency market continues to experience volatility, with Bitcoin (BTC) dropping below $102K on Thursday. <\/p>\n

Other major cryptocurrencies, including Ethereum (ETH), XRP, and Solana (SOL), also saw declines in the 1%-3% range. <\/p>\n

Meme coins such as Dogecoin (DOGE), Shiba Inu (SHIB), and Official Trump (TRUMP) also witnessed losses, in line with the broader market trend. <\/p>\n

As a result, the global cryptocurrency market cap decreased by nearly 3%, now standing at $3.52 trillion. <\/p>\n

The total crypto market volume over the last 24 hours is $146.64 billion, showing a 25.38% decrease. The volume of all stablecoins is now at $134.32 billion, accounting for 91.60% of the total market volume.<\/p>\n

Bitcoin price today<\/h2>\n

Bitcoin (BTC) saw a drop of over 3%, trading at $101,971.94. The coin\u2019s low for the day was $101,525.83, and the high reached $105,908.98. <\/p>\n

This movement coincides with $95.62 million in Bitcoin ETF outflows as of January 22. <\/p>\n

Bitcoin’s dominance stands at 57.43%, reflecting a slight decrease of 0.06% compared to the previous day.<\/p>\n

There has been speculation around the price action, with some suggesting that the price pullback could be a result of \u201csell the news\u201d sentiment following Donald Trump\u2019s inauguration. <\/p>\n

Despite this, data from Santiment indicates that over 1,000 BTC were accumulated during the market\u2019s recent turbulence, suggesting possible future upward movement.<\/p>\n

BlackRock Chairman and CEO Larry Fink also express his bullish view on Bitcoin at the World Economic Forum in Davos. <\/p>\n

Fink suggested that Bitcoin’s price could reach as high as $700,000. <\/p>\n

ETH price today<\/h2>\n

Ethereum (ETH) also saw a decline, falling over 3% to $3,203.52, with the intraday range between $3,184.07 and $3,329.24. <\/p>\n

There was also $8.46 million in outflows from Ethereum ETFs as of January 22. <\/p>\n

Trading volume for the coin was down over 21% to $22.44 billion.<\/p>\n

XRP and SOL price today<\/h2>\n

XRP, although down by nearly 1%, maintained a resilient position at $3.12, within a range of $3.11 and $3.27. <\/p>\n

While the market sentiment is more cautious, there remains some optimism regarding XRP\u2019s future performance, with some analysts suggesting a potential breakout to $5.<\/p>\n

Solana (SOL) experienced a decline of over 3.20%, trading at $248.44, with the low for the day at $245.40 and the high at $271.53. <\/p>\n

The trading volume for Solana has dropped by over 3%, although there is some optimism surrounding the network, especially after Coinbase CEO Brian Armstrong\u2019s announcement of plans to offer \u201ctier 1 support\u201d to Solana.<\/p>\n

Memecoins have a rough day<\/h2>\n

Meme coins followed the general market downturn. <\/p>\n

Dogecoin (DOGE) fell over 5%, reaching $$0.3503, while Shiba Inu (SHIB) dropped 3% to $0.00001994. <\/p>\n

Bitwise Asset Management has filed for a Dogecoin (DOGE) exchange-traded fund (ETF)<\/a>.<\/p>\n

The company has registered \u201cBITWISE DOGECOIN ETF\u201d as a legal entity with Delaware\u2019s Department of State\u2019s Division of Corporations<\/p>\n

The TRUMP token crashed a massive 12%, trading at $37.23.<\/p>\n

Top gainers and losers in the crypto market<\/h2>\n

Pudgy Penguins (PENGU) lead the gainers with an over 6% jump. It was followed by XDC Network (XDC) with a 4% increase, reaching $0.1229. <\/p>\n

Other notable gainers included Monero (XMR) and GateToken (GT), both up around 3%.<\/p>\n

On the other hand, ai16z (AI16Z) lost 22%, with a price of $0.9539. Official Melania Meme (MELANIA) was down a massive 18% at $3.30. The coin has suffered a massive 54% decline in the last seven days.<\/p>\n

Broader crypto price action<\/h2>\n

Internet Computer (ICP) has seen a 6.22% decrease in the last 24 hours, currently trading at $9.08. <\/p>\n

Kaspa (KAS) has seen a 5.36% decrease in the last 24 hours, currently trading at $0.1289. <\/p>\n

Injective (INJ) has seen a 5.81% decrease in the last 24 hours, currently trading at $20.76. <\/p>\n

Immutable (IMX) has seen a 4.77% decrease in the last 24 hours, currently trading at $1.17. <\/p>\n

JasmyCoin (JASMY) has seen a 5.86% decrease in the last 24 hours, currently trading at $0.02613.<\/p>\n

IOTA (IOTA) has seen a 3.15% decrease in the last 24 hours, currently trading at $0.3153. <\/p>\n

Helium (HNT) has seen a 2.54% decrease in the last 24 hours, currently trading at $4.38. <\/p>\n

Kava (KAVA) has seen a 0.82% decrease in the last 24 hours, currently trading at $0.4717. <\/p>\n

Kusama (KSM) has seen a 4.25% decrease in the last 24 hours, currently trading at $26.98.<\/p>\n

JUST (JST) has experienced a 1.57% drop in the past 24 hours, currently trading at $0.03841. <\/p>\n

Horizen (ZEN) has seen a modest 1.04% decline over the past day, currently trading at $22.06. <\/p>\n

IoTeX (IOTX) has experienced a 2.91% drop in the past 24 hours, trading at $0.03336. <\/p>\n

Kadena (KDA) has experienced a significant 10.09% drop in the past 24 hours, trading at $0.8004. <\/p>\n

Hive (HIVE) has shown a slight 1.24% increase over the past 24 hours, currently trading at $0.3915. <\/p>\n

ICON (ICX) has experienced a 5.11% drop in the past 24 hours, trading at $0.1651. <\/p>\n

Huobi Token (HT) has shown a slight 0.37% decrease over the past 24 hours, currently trading at $1.01. <\/p>\n

IOST (IOST) has shown a 5.01% increase over the past 24 hours, currently trading at $0.006169. <\/p>\n

Kyber Network Crystal v2 (KNC) has experienced a 3.92% drop in the past 24 hours, trading at $0.5275. <\/p>\n

Komodo (KMD) has experienced a 5.92% drop in the past 24 hours, trading at $0.2464.<\/p>\n

HyperCash (HC) has experienced a significant 8.60% drop in the past 24 hours, trading at $0.02019. <\/p>\n

Klaytn (KLAY) has seen a modest 7.85% decline over the past day, currently trading at $0.206. <\/p>\n

Libra (LIBRA) has experienced a significant 56.57% increase in the past 24 hours, trading at $0.002057. <\/p>\n

HedgeTrade (HEDG) has shown a slight 0.12% increase over the past 24 hours, currently trading at $0.006933.<\/p>\n

The post Crypto prices on Jan 23: BTC sinks below $102K, MELANIA crashes 18%<\/a> appeared first on Invezz<\/a><\/p>\n

Source link <\/a>
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(Originally posted on : Invezz ) The cryptocurrency market continues to experience volatility, with Bitcoin (BTC) dropping below $102K on Thursday. Other major cryptocurrencies, including Ethereum (ETH), XRP, and Solana (SOL), also saw declines in the 1%-3% range. Meme coins such as Dogecoin (DOGE), Shiba Inu (SHIB), and Official Trump (TRUMP) also witnessed losses, in […]<\/p>\n","protected":false},"author":3947362387,"featured_media":45907,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[39],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/45906"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/3947362387"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=45906"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/45906\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/45907"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=45906"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=45906"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=45906"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}