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<p>The crypto market was navigating turbulence on Friday, with major digital assets tumbling. After a brief but spectacular rally following the approval of spot Bitcoin exchange-traded funds (ETFs) in the US, the OG cryptocurrency Bitcoin has seen a steady decline in its prices.</p> 
<p>Headwinds for the crypto market continue to linger, with more than $247 million in crypto <a rel="nofollow" href="https://www.coinglass.com/LiquidationData" target="_blank">liquidated</a> in the past 24 hours. Bitcoin long positions worth nearly $68 million alone were liquidated during that period, according to data from CoinGlass.</p> 
<p><a href="https://coingape.com/bitcoin-dumping-continues-as-btc-price-tanks-under-41000-is-grayscale-behind-this/" target="_blank" rel="noopener">Bitcoin’s (BTC) price</a> sank another 3.6% in the past 24 hours. At one point, the <a href="https://coingape.com/price/bitcoin/" target="_blank" rel="noopener">BTC price</a> fell to as low as $40,800 — the lowest in a month. However, Bitcoin recouped some losses and was last seen changing hands at $41,080. Bitcoin’s market cap slipped to $806 billion while trading volumes rose over 30% to $26.6 billion in the last 24 hours.</p> 
<p>Ethereum — the third largest crypto — also went into a descent, sliding 2.8% over the last 24 hours to $2,460. At press time, Ether commanded a market cap of $295.5 billion while trading volumes stood at $11.9 billion, up 18% over the last 24 hours.</p> 
<p>While Tether (USDT) price rose marginally to $0.99, BNB climbed 0.6% to $311.25. The remaining top 10 cryptocurrencies by market cap saw a steep decline in their prices in the past 24 hours.</p> 
<p>Solana (SOL) price was down 6.7%, <a href="https://coingape.com/price/xrp/" target="_blank" rel="noopener">XRP price</a> was off 3%, Cardano (ADA) price was down 5%, and Avalanche (ADA) price plunged over 7%. Popular meme coins, Dogecoin (DOGE) and Shiba Inu (SHIB) slid over 3% each.</p> 
<p>In sync with the negative sentiment, the global crypto market crashed nearly 3.5% to $1.62 trillion. The fear and greed index level stood at 56, indicating investor sentiment has taken a hit.</p> 
<h2 id="top-3-cryptos-for-today">Top 3 Cryptos For Today</h2> 
<h3 id="pepe-price-falls-over-5">Pepe Price Falls Over 5%</h3> 
<p>The price of Pepe Coin tumbled over 5% over the last 24 hours to $0.000001125. Consequently, its market cap fell to $473.7 million. Its trading volume over the last 24 hours rose marginally to $73.3 million.</p> 
<figure id="attachment_175198" aria-describedby="caption-attachment-175198" style="width: 100%" class="wp-caption aligncenter">
 <img decoding="async" class="wp-image-175198" src="https://coingape.com/wp-content/uploads/2024/01/Screenshot-2024-01-19-at-10.19.36 AM-1224x744.png" alt="Pepe Price Chart" width="800" height="486" srcset="https://coingape.com/wp-content/uploads/2024/01/Screenshot-2024-01-19-at-10.19.36 AM-1224x744.png 1224w, https://coingape.com/wp-content/uploads/2024/01/Screenshot-2024-01-19-at-10.19.36 AM-300x182.png 300w, https://coingape.com/wp-content/uploads/2024/01/Screenshot-2024-01-19-at-10.19.36 AM-768x467.png 768w, https://coingape.com/wp-content/uploads/2024/01/Screenshot-2024-01-19-at-10.19.36 AM-150x91.png 150w, https://coingape.com/wp-content/uploads/2024/01/Screenshot-2024-01-19-at-10.19.36 AM.png 1427w" sizes="(max-width: 800px) 100vw, 800px">
 <figcaption id="caption-attachment-175198" class="wp-caption-text">
  Pepe Price Chart
 </figcaption>
</figure> 
<h3 id="sei-price-plummets-9">SEI Price Plummets 9%</h3> 
<p>The Sei Network’s namesake token has seen a more than 9% decline in its prices over the last 24 hours. At press time, SEI’s price stood at $0.717, while its market cap fell to $1.7 billion. The 24-hour trading volumes stood at roughly $502 million, down 5% in the last 24 hours.</p> 
<figure id="attachment_175199" aria-describedby="caption-attachment-175199" style="width: 100%" class="wp-caption aligncenter">
 <img decoding="async" class="wp-image-175199" src="https://coingape.com/wp-content/uploads/2024/01/Screenshot-2024-01-19-at-10.22.47 AM-1224x770.png" alt="SEI Price Chart" width="800" height="503" srcset="https://coingape.com/wp-content/uploads/2024/01/Screenshot-2024-01-19-at-10.22.47 AM-1224x770.png 1224w, https://coingape.com/wp-content/uploads/2024/01/Screenshot-2024-01-19-at-10.22.47 AM-300x189.png 300w, https://coingape.com/wp-content/uploads/2024/01/Screenshot-2024-01-19-at-10.22.47 AM-768x483.png 768w, https://coingape.com/wp-content/uploads/2024/01/Screenshot-2024-01-19-at-10.22.47 AM-150x94.png 150w, https://coingape.com/wp-content/uploads/2024/01/Screenshot-2024-01-19-at-10.22.47 AM.png 1414w" sizes="(max-width: 800px) 100vw, 800px">
 <figcaption id="caption-attachment-175199" class="wp-caption-text">
  SEI Price Chart
 </figcaption>
</figure> 
<h3 id="conflux-price-surges-nearly-2">Conflux Price Surges Nearly 2%</h3> 
<p>Conflux, the namesake token of the Layer 1 public blockchain Conflux, rose about 2% in the past 24 hours to $0.1985. Its market cap surged to $720.8 million while trading volumes skyrocketed 257% in the past 24 hours to $224.3 million.</p> 
<figure id="attachment_175200" aria-describedby="caption-attachment-175200" style="width: 100%" class="wp-caption aligncenter">
 <img decoding="async" class="wp-image-175200" src="https://coingape.com/wp-content/uploads/2024/01/Screenshot-2024-01-19-at-10.48.32 AM-1224x766.png" alt="Conflux Price Chart" width="800" height="500" srcset="https://coingape.com/wp-content/uploads/2024/01/Screenshot-2024-01-19-at-10.48.32 AM-1224x766.png 1224w, https://coingape.com/wp-content/uploads/2024/01/Screenshot-2024-01-19-at-10.48.32 AM-300x188.png 300w, https://coingape.com/wp-content/uploads/2024/01/Screenshot-2024-01-19-at-10.48.32 AM-768x480.png 768w, https://coingape.com/wp-content/uploads/2024/01/Screenshot-2024-01-19-at-10.48.32 AM-150x94.png 150w, https://coingape.com/wp-content/uploads/2024/01/Screenshot-2024-01-19-at-10.48.32 AM.png 1421w" sizes="(max-width: 800px) 100vw, 800px">
 <figcaption id="caption-attachment-175200" class="wp-caption-text">
  Conflux Price Chart; All Image Credits: CoinMarketCap
 </figcaption>
</figure> 
<p><strong>Also Read: <a href="https://coingape.com/us-sec-delays-resolution-of-fidelity-spot-ethereum-etf-to-march/" target="_blank" rel="noopener">US SEC Delays Resolution of Fidelity Spot Ethereum ETF to March</a></strong></p> 
<p>The post <a href="https://coingape.com/crypto-prices-today-bitcoin-plunges-to-41k-as-sell-the-news-rout-deepens-ether-pepe-extend-decline/">Crypto Prices Today: Bitcoin Plunges To $41K As ‘Sell the News’ Rout Deepens; Ether, Pepe Extend Decline</a> appeared first on <a href="https://coingape.com">CoinGape</a>.</p>

Crypto Prices Today: Bitcoin Plunges To $41K As ‘Sell the News’ Rout Deepens; Ether, Pepe Extend Decline

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