Cryptocurrency prices today have been quite volatile for major digital currencies, including Bitcoin (BTC). Bitcoin price recently soared above $42,000 and fell below $39,000 before making a significant rebound. However, it has struggled to maintain momentum and is seeing a decline in value. Additionally, Ethereum (ETH) followed suit with a drop in price.
Today's major virtual currency prices
Bitcoin's value recently surpassed the $42,000 mark due to a significant recovery attempt. Bitcoin price fell by 0.35% to settle at $42,249.85 as of reporting on Monday, January 29th. However, the trading volume increased significantly in the past 24 hours by 39.87% to $16.79 billion. Meanwhile, the market capitalization of cryptocurrencies was $828.45 billion.
In the altcoin space, at the time of writing, Ethereum's price fell by 0.78% to $2,269.18, giving it a market valuation of $272.69 billion. On the contrary, ETH recorded a 33.02% increase in trading volume, reaching $7.16 billion. Furthermore, Binance Coin (BNB) price decreased by 0.05% to $306.06, while the 24-hour trading volume increased by 12.66% to $770.75 million.
Meanwhile, Solana price increased by 0.82% to reach $97.37. Moreover, SOL’s trading volume surged 67.62% to $2.38 billion in the past 24 hours. Furthermore, the decline in XRP price has finally stopped. XRP price plunged 0.79% to $0.5287. In contrast, XRP's trading volume increased by 27.46% to $562.63 million.
Meanwhile, Cardano price fell by 0.66% to $0.4929. However, the 24-hour trading volume recorded an increase of 30.70% and settled at $338.26 million. Meanwhile, in the meme coin space, Dogecoin's price fell by 2.30% to $0.07904, while rival Shiba Inu's price fell by 1.57% to trade at $0.000009057.
Also read: Bitcoin vs Ethereum: The numbers explain which one has higher growth potential
Today's top crypto prices are:
Pepe coin price continues to plummet
Pepecoin (PEPE), the trending meme crypto, extended its significant decline in today’s trading session. Pepe Coin's price fell by 4.11% to $0.000001061, giving it a market valuation of $444.6 million. However, the 24-hour trading volume increased by 18.80% to $50.32 million.
Conflux emerges as top gainer
Conflux (CFX), the native cryptocurrency of Coinflux Network, posted a significant rally on Monday. At the time of writing, CFX price is up 10.63% to $0.2452, making Conflux the top gainer on the market today. Additionally, trading volume increased by 12.07% to $128.7 million.
injection records rebound
Injective (INJ), a participant in the Cosmos ecosystem, witnessed a notable rally today. INJ price rose 2.96% to $37.89 at the time of reporting. Furthermore, the trading volume increased by 76.12% to $192.67 million. Furthermore, Injective hit a high of $38.52 during the bull market.
Also read: Shiba Inu burn rate jumps 1539% as SHIB price stabilizes
