{"id":45960,"date":"2025-01-23T17:21:45","date_gmt":"2025-01-23T17:21:45","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/crypto-price-update-btc-slides-to-101k-as-arb-fil-follow-top-altcoins\/"},"modified":"2025-01-23T17:21:45","modified_gmt":"2025-01-23T17:21:45","slug":"crypto-price-update-btc-slides-to-101k-as-arb-fil-follow-top-altcoins","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/crypto-price-update-btc-slides-to-101k-as-arb-fil-follow-top-altcoins\/","title":{"rendered":"Crypto price update: BTC slides to $101K as ARB, FIL follow top altcoins"},"content":{"rendered":"

(Originally posted on : Invezz )<\/b>
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The cryptocurrency market has pared broader gains after a bullish recovery seen on Wednesday faded with Bitcoin (BTC) leading top coins lower. <\/p>\n

As Ethereum (ETH), XRP (XRP) and Solana (SOL) shed gains by more than 5% each, Arbitrum (ARB) and Filecoin (FIL) also flipped red. <\/p>\n

Most top altcoins by market cap were also down in the past 24 hours.<\/p>\n

According to CoinGecko data, the global crypto market cap was down 4.8% to around $3.64 trillion. <\/p>\n

Meanwhile, daily trading volume for the market had dropped to $170 billion.<\/p>\n

Bitcoin (BTC) price update <\/h2>\n

Bitcoin\u2019s recovery this week included a spike to highs of $107k. <\/p>\n

However, despite news such as President Trump\u2019s full pardon of Silk Road creator Ross Ulbricht, BTC gave up the upside momentum<\/a> to retest lower support levels.<\/p>\n

During the Asian trading session on Thursday, Bitcoin price touched an intraday high of $105,443 and $101,225. <\/p>\n

The dip seen over the past 24 hours, which has BTC hovering around $101,890, have helped pin Bitcoin\u2019s at 55.2%. <\/p>\n

Per Coinglass data<\/a>, open interest in BTC is at $67 billion.<\/p>\n

Top altcoins price update: ETH, XRP and SOL<\/h2>\n

Ethereum (ETH) traded within the $3,189 and $3,327 range during Asian trading hours on Thursday.<\/p>\n

The top altcoin by market cap has struggled amid selling pressure and was down 3% in the past 24 hours. <\/p>\n

Headlines around the Ethereum Foundation continue to dominate the crypto news timeline.Notably, Ethereum\u2019s dominance stands at 10.6%<\/p>\n

XRP continues to trade above $3 as bulls bid to hold onto gains. <\/p>\n

Having flipped bullish in November 2024, XRP remains one of the altcoins to watch amid fresh market exuberance following Trump\u2019s inauguration.<\/p>\n

The XRP token changed hands around $3.08, down 5% on the day. Bulls risk further pain if price breaks down under $3.<\/p>\n

Solana (SOL) price reached highs of $270, but was down more than 5% at the time of writing. <\/p>\n

This decline within the past 24 hours had pushed SOL to support near $243.\u00a0<\/p>\n

Despite the dip, Solana remains largely bullish amid meme coin frenzy, spot ETFs anticipation and US crypto regulatory developments. <\/p>\n

Analysts forecast SOL could explode past the all-time high of $294 to target $500<\/a> in the short term.<\/p>\n

Arbitrum, Filecoin mirror top altcoins<\/h2>\n

Arbitrum (ARB) extended its decline over the past week to more than 10% as price fell further on Thursday morning. <\/p>\n

In the Asian hours, ARB\/USD traded to lows of $0.68 with price down more than 5% from its high the previous day.<\/p>\n

Struggles for Arbitrum follow profit taking after the Ethereum scaling solution\u2019s native token rose to near $1 in early January 2025. <\/p>\n

ARB reached the all-time high of $2.40 over a year ago on January 12, 2024.<\/p>\n

Meanwhile, Filecoin has also pared over 5% of the gains in the past 24 hours. <\/p>\n

The native token of the decentralized storage system had dipped from above $5.15 to around $4.89, with daily volume shrinking 27% to $152 million. <\/p>\n

The losses mirror what happened in the crypto market earlier in the day, with the indecisiveness key across the ecosystem.<\/p>\n

Top gainers and losers today<\/h2>\n

According to CoinMarketCap, the top crypto price gainers today include XDC Network (XDC), KuCoin Token (KCS), Gate Token (GT) and Monero (XMR). <\/p>\n

These top 100 coins by market cap have surged between 3% and 8% in the past 24 hours.<\/p>\n

On the flipside, top losers among the 100 largest coins by market cap include ai16z (AI16Z), Fartcoin (FARTCOIN), Official Trump (TRUMP) and Virtuals Protocol (VIRTUAL).<\/p>\n

The post Crypto price update: BTC slides to $101K as ARB, FIL follow top altcoins<\/a> appeared first on Invezz<\/a><\/p>\n

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(Originally posted on : Invezz ) The cryptocurrency market has pared broader gains after a bullish recovery seen on Wednesday faded with Bitcoin (BTC) leading top coins lower.  As Ethereum (ETH), XRP (XRP) and Solana (SOL) shed gains by more than 5% each, Arbitrum (ARB) and Filecoin (FIL) also flipped red.  Most top altcoins by […]<\/p>\n","protected":false},"author":13,"featured_media":45961,"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":[37],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/45960"}],"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\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=45960"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/45960\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/45961"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=45960"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=45960"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=45960"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}