Cryptocurrency Price Today: Bitcoin Climbs Above $23,000 For The First Time Since June 2022
Cryptocurrency price on January 26 quick take: The global market cap stood at $1.05 trillion on early Thursday morning.
Bitcoin (BTC), the world’s oldest cryptocurrency, managed to climb above the $23,000 mark for the first time since June last year, just before the LUNA collapse wiped off billions from the market. Other popular altcoins — including the likes of Dogecoin (DOGE), Litecoin (LTC), Ripple (XRP), and Solana (SOL) — registered gains across the board. The Aptos (APT) token emerged to be the biggest gainer, with a massive 24-hour jump of nearly 47 percent. Bitcoin SV (BSV) became the biggest loser, with a comparatively minor 24-hour dip of nearly 3 percent.
The global crypto market cap stood at $1.05 trillion at the time of writing, registering a 24-hour gain of 3.05 percent.
Bitcoin (BTC) price today
Bitcoin price stood at $23,145.41, registering a 24-hour gain of 2.23 percent, as per CoinMarketCap. According to Indian exchange WazirX, BTC price stood at Rs 19.60 lakhs.
Ethereum (ETH) price today
ETH price stood at $1,614.90, marking a 24-hour jump of 4.36 percent at the time of writing. As per WazirX, Ethereum price in India stood at Rs 1.38 lakhs.
Dogecoin (DOGE) price today
DOGE registered a 24-hour gain of 2.85 percent, as per CoinMarketCap data, currently priced at $0.08649. As per WazirX, Dogecoin price in India stood at Rs 7.53.
Litecoin (LTC) price today
Litecoin saw a 24-hour gain of 2.01 percent. At the time of writing, it was trading at $89.29. LTC price in India stood at Rs 7,605.79.
Ripple (XRP) price today
XRP price stood at $0.4119, seeing a 24-hour gain of 1.78 percent. As per WazirX, Ripple price stood at Rs 35.
Solana (SOL) price today
Solana price stood at $24.81, marking a 24-hour gain of 8.26 percent. As per WazirX, SOL price in India stood at Rs 2,111.99.
Top crypto gainers today (January 26)
As per CoinMarketCap data, here are the top five crypto gainers over the past 24 hours:
Aptos (APT)
Price: $18.73
24-hour gain: 46.95 percent
Mina (MINA)
Price: $0.7359
24-hour gain: 28.92 percent
STEPN (GMT)
Price: $0.669
24-hour gain: 26.59 percent
Optimism (OP)
Price: $2.36
24-hour gain: 16.75 percent
ApeCoin (APE)
Price: $6.14
24-hour gain: 13.07 percent
Top crypto losers today (January 26)
As per CoinMarketCap data, here are the top five crypto losers over the past 24 hours:
Bitcoin SV (BSV)
Price: $41.57
24-hour loss: 2.62 percent
Fei USD (FEI)
Price: $0.9928
24-hour loss: 0.59 percent
Gemini Dollar (GUSD)
Price: $0.996
24-hour loss: 0.42 percent
USDD (USDD)
Price: $0.9684
24-hour loss: 0.13 percent
Binance USD (BUSD)
Price: $1.00
24-hour loss: 0.02 percent
What crypto exchanges are saying about the current market scenario
Kunji founder Anurag Dixit offered his take, “As the crypto industry matures, regulations will play a key role in shaping its future. Governments and authorities are recognizing the complexity and specific nature of the space and are moving towards the differentiated treatment of top market cap assets such as Bitcoin, NFTs and Defi tokens. A one-size-fits-all approach is not effective, a tailored and asset-specific approach is required to foster innovation and growth while ensuring regulations are appropriate."
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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