Crypto Market Today (Jan 10th, 2025): Bitcoin Shows Resilience at $94k | Altcoins Face Heat

The post Crypto Market Today (Jan 10th, 2025): Bitcoin Shows Resilience at $94k | Altcoins Face Heat appeared first on Coinpedia Fintech News

The cryptocurrency market experienced a significant pullback over the past 24 hours, with the global market cap declining by 1.05%, settling at $3.27 trillion. Trading volumes also hit 8.61% to $151.27 billion, as marketers await an update on the U.S. jobs data. Successively, the Fear & Greed Index remains in “Neutral” territory at 43, reflecting a cautious sentiment among investors.

Bitcoin, price saw a negligible dip of 0.31%, trading at $94,106.34. Its market cap now stands at $1.86 trillion, a slight decrease of 0.40%. Despite a drop in trading volume of 4.70%, Bitcoin maintains its dominance, serving as a haven for investors during uncertain market conditions.

For a deeper dive into Bitcoin’s potential price trajectory, explore our Bitcoin Price Prediction.

Altcoins have faced the heat, with Ethereum slipping 1.70% to $3,271.19, Solana dropping 2.13% to $190.74, and XRP declining 2.07% to $2.30. This trend highlights a phase of consolidation as traders navigate mixed market signals.

If you are curious about Ethereum’s future outlook, check out our Ethereum Price Prediction.

• AI16Z: Surged 6.03% to $1.57.
• KAIA: Climbed 4.49% to $0.2129.
• MOVE: Gained 3.26%, trading at $0.8929.

• RUNE: Dropped a staggering 16.74% to $3.25.
• SPX6900: Fell 10.71% to $1.18.
• Raydium (RAY): Declined 5.19% to $4.98

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1 Bitcoin is currently priced at $94,106.34.

AI16Z (+6.03%), KAIA (+4.49%), and MOVE (+3.26%) led the market gains.

Ethereum saw a decline of 1.70%, trading at $3,271.19.