Cryptocurrency prices today recorded a bearish turn as Bitcoin (BTC) fell below $43,000, with major altcoins posting significant losses as well. However, Ethereum (ETH), the second largest cryptocurrency by market capitalization, witnessed a notable rise today. Meanwhile, XRP price fell significantly below $0.52.
Today's major virtual currency prices
Due to the recent bear market, Bitcoin price fell below $43,000 today. Bitcoin price fell by 1.21% and settled at $42,930.19 as of this writing on Wednesday, January 31st. Meanwhile, trading volume increased by 1.92% to $22.84 billion in the past 24 hours. Meanwhile, the market capitalization of cryptocurrencies stood at $842.03 billion.
Turning to altcoins, the price of Ethereum rose 1.34% to $2,340.43 at the time of writing, giving it a market valuation of $281.25 billion. Additionally, ETH recorded a 10.90% increase in trading volume, reaching $10.39 billion. Moreover, Binance Coin (BNB) price decreased by 1.28% to $365.24 million, and the 24-hour trading volume decreased by 8.74% to $765.24 million.
Meanwhile, Solana price fell 1.54% to $100.28. However, SOL’s trading volume surged 25.91% to $3.49 billion in the past 24 hours. Furthermore, the XRP price has also plummeted. XRP price plummeted by 4.90% and reached $0.5103. On the contrary, XRP trading volume soared to $1.76 billion, an increase of 94.10%.
Meanwhile, Cardano price fell by 3.49% to $0.5111. Additionally, the 24-hour trading volume recorded a 10.15% drop, settling at $456.43 million. Meanwhile, in the memecoin market, Dogecoin's price fell by 1.71% to $0.08008, while its competitor Shiba Inu recorded a steep drop of 1.86% to trade at $0.000009112.
Also read: Ethereum ETF approval could send ETH to $4,000: Standard Chartered
Today's top crypto prices are:
Pepecoin crashes violently
Pepecoin (PEPE), one of the trending meme coins, has plummeted. Pepe Coin's price fell by 7% to $0.0000009831, giving it a market valuation of $412.11 million. In contrast, 24-hour trading volume increased by 31.88% to $76.32 million.
Rendering: Today's Top Crypto Earners
The Render (RNDR), a cryptocurrency launched by Jules Urbach in 2017, recorded huge profits on Wednesday. At the time of writing, Lender's price has increased by 7.18% to $4.66, making RNDR the top gainer on the market today. Additionally, trading volume increased by an impressive 103.38% to $215.44 million.
Pyth Network up more than 6%
Pyth Network (PYTH) in the Solana ecosystem witnessed a notable rise today. At the time of reporting, PYTH price was up 6.51% to $0.4214. Furthermore, trading volume increased significantly by 95.03% to $99.24 million. Additionally, Pais Network hit a high of $0.446 during today’s rally.
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