Ethereum

FTX Token

Pepe

Bitcoin

Shiba Inu

Today’s crypto market prices showed a mix of performances, with leading cryptocurrencies facing selling pressure from investors. However, recent market trends suggest a shift in investor focus toward smaller altcoins, contributing to the overall positive outlook for the crypto segment. 
Crypto prices have been experiencing extreme volatility today. This comes after the enthusiasm around Bitcoin Exchange-Traded Funds (ETFs) started to diminish. On the other hand, despite recent selling pressure on Bitcoin (BTC), analysts remain optimistic about its potential for a massive long-term growth. 
<h2 id="top-crypto-prices-today">Top Crypto Prices Today</h2> 
Bitcoin, the largest crypto by market cap, witnessed its price inching closer to extend below the $40,000 level. The <a href="https://coingape.com/price/bitcoin/" target="_blank" rel="noopener">Bitcoin price</a> saw a 2.25% decline, settling at $40,072.99 at press time on Tuesday, January 23. On the contrary, it’s trading volume skyrocketed by 164.52% to $30.67 billion in the last 24 hours. Whilst, the oldest crypto held a market cap of $785.80 billion 
Turning to other cryptocurrencies, the <a href="https://coingape.com/price/ethereum/" target="_blank" rel="noopener">Ethereum (ETH) price</a> slipped by 3.01% to $2,346.27. However, it registered a whopping 136.58% increase in its trading volume, reaching $13.57 billion. Similarly, Binance Coin (BNB) retreated by 1.48% to $310.61, while its market volume gained 24.91% to $930.18 million. 
In addition, <a href="https://coingape.com/price/solana/" target="_blank" rel="noopener">Solana</a> experienced a 3.54% decline in price, reaching $85.80. In contrast, it witnessed a staggering 137.42% rise in trading volume to $2.62 billion. Meanwhile, XRP noted a 1.51% decrease, settling at $0.5302, with a 13% loss over the past 30 days. 
Whilst, Cardano’s price was down by 2.23% to $0.484. However, it recorded a 75.34% gain in trading volume, reaching $441 million. Whilst, in the meme coin segment, Dogecoin drifted 2.19% lower to $0.08105 while Shiba Inu lost 1.74% and traded at $0.000009024. 
Also Read: <a href="https://coingape.com/celsius-moves-massive-ethereum-holdings-to-exchange-eth-price-down-4/" target="_blank" rel="noopener">Celsius Moves Massive Ethereum Holdings to Exchange, ETH Price Down 4%</a> 
<h2 id="top-crypto-gainers-losers-today">Top Crypto Gainers &amp; Losers Today</h2> 
The Pepe coin, part of the meme coin category, experienced choppy trading as investors turned to safer assets amidst market uncertainties. The Pepe Coin price declined by 3.22% to $0.000001065. Meanwhile, its 24-hour trade volume spiked by 46.02% to $61.42 million. 
Sui (SUI), one of the trending cryptocurrencies lately, managed to soar despite the overall bearish market trend. The SUI price was up by 7.63% to $1.10 with a market cap of $1.2 billion. Furthermore, the 24-hour trading volume surged by 80.47% to $400.11 million. 
FTX Token (FTT), the native token of bankrupt crypto derivatives trading firm FTX, witnessed a significant upswing as well. FTX Token’s value increased by 5.08% to $2.70. Additionally, its trade volume skyrocketed by a staggering 263.31% to $59.37 million. 
Also Read: <a href="https://coingape.com/legal-showdown-binance-vs-sec-tensions-rise-in-court-hearing/" target="_blank" rel="noopener">Legal Showdown: Binance vs SEC – Tensions Rise in Court Hearing</a> 
The post <a href="https://coingape.com/crypto-prices-today-bitcoin-inches-closer-to-dip-below-40k-as-sui-ftt-take-the-lead/">Crypto Prices Today: Bitcoin Inches Closer To Dip Below $40K As SUI &amp; FTT Take The Lead</a> appeared first on <a href="https://coingape.com">CoinGape</a>.

Crypto Prices Today: Bitcoin Inches Closer To Dip Below $40K As SUI & FTT Take The Lead

Table of Contents

Coingape News Media

Other articles published on Jan 23, 2024

Coinbase Challenges Idea that Crypto Mixers Solely Serve Illicit Activity

SEC Commissioner Hester Peirce : No Court Battle Needed for Spot Ether ETF Approval

Bitcoin Ordinals ‘Genesis Cat’ Sells for $254K in Sotheby’s Digital Art Auction

Coinbase CLO Challenges US Treasury’s Crypto Mixing Rule, Here’s Why

6 Best Altcoins to Invest in Right Now January 23 – Sui, TRON, KAVA

Bonk (BONK) whale investor sells off huge shares to buy into Pushd (PUSHD) presale. Arbitrum (ARB...

Join our free newsletter for daily crypto updates!