Cryptocurrency Price Today: Bitcoin Begins New Year Hovering At $42k, FTX Token Becomes Biggest Loser
Cryptocurrency price on January 1 quick take: The global market cap dipped to $1.65 trillion.
Bitcoin (BTC), the oldest and most valued cryptocurrency in the world, began 2024 on a somewhat stable note, hovering around the $42,000 mark early Monday. Popular altcoins — including the likes of Ethereum (ETH), Ripple (XRP), Litecoin (LTC), Solana (SOL), and Dogecoin (DOGE) — saw a mix of minor gains and losses across the board. The 1inch Network (1INCH) token went on to become the biggest gainer of the lot, with a 24-hour jump of nearly 25 percent. The FTX Token (FTT), on the other hand, became the biggest loser with a 24-hour dip of over 9 percent.
The global crypto market cap stood at $1.65 trillion at the time of writing, registering a 24-hour loss of 0.36 percent.
Bitcoin (BTC) Price Today
Bitcoin price stood at $42,353.25, registering a 24-hour jump of 0.34 percent, as per CoinMarketCap. According to Indian exchange WazirX, BTC price stood at Rs 37.54 lakh.
Ethereum (ETH) Price Today
ETH price stood at $2,277.07, marking a 24-hour loss of 0.19 percent at the time of writing. As per WazirX, Ethereum price in India stood at Rs 2.02 lakh.
Dogecoin (DOGE) Price Today
DOGE registered a 24-hour dip of 0.94 percent, as per CoinMarketCap data, currently priced at $0.08906. As per WazirX, Dogecoin price in India stood at Rs 7.94.
Litecoin (LTC) Price Today
Litecoin saw a 24-hour dip of 0.52 percent. At the time of writing, it was trading at $72.52. LTC price in India stood at Rs 6,472.62.
Ripple (XRP) Price Today
XRP price stood at $0.6121, seeing a 24-hour loss of 1.46 percent. As per WazirX, Ripple price stood at Rs 54.25.
Solana (SOL) Price Today
Solana price stood at $102.37, marking a 24-hour gain of 0.56 percent. As per WazirX, SOL price in India stood at Rs 9,000.01.
Top Crypto Gainers Today (January 1)
As per CoinMarketCap data, here are the top five crypto gainers over the past 24 hours:
1inch Network (1INCH)
Price: $0.5242
24-hour gain: 24.63 percent
Klaytn (KLAY)
Price: $0.2716
24-hour gain: 16.53 percent
Filecoin (FIL)
Price: $6.79
24-hour gain: 12.58 percent
Bitcoin SV (BSV)
Price: $95.79
24-hour gain: 8.23 percent
Maker (MKR)
Price: $1,707.30
24-hour gain: 6.79 percent
Top Crypto Losers Today (January 1)
As per CoinMarketCap data, here are the top five crypto losers over the past 24 hours:
FTX Token (fTT)
Price: $3
24-hour loss: 9.09 percent
WOO Network (WOO)
Price: $0.3908
24-hour loss: 7.35 percent
Mina (MINA)
Price: $1.32
24-hour loss: 7.06 percent
Injective (INJ)
Price: $35.37
24-hour loss: 6.93 percent
Bonk (BONK)
Price: $0.00001304
24-hour loss: 6.45 percent
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Disclaimer: Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Cryptocurrency is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Cryptocurrency market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.
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