Crypto prices today: Bitcoin advances by 1.75%, Ethereum at $1,637.97, metaverse tokens decrease

On Tuesday, the value of top cryptocurrencies grew, with the value of Bitcoin at $23,073.68.

New Delhi,UPDATED: Jan 24, 2023 10:28 IST

Crypto prices on 24 January

By Nidhi Bhardwaj:

On 24 January, the prices of top cryptocurrencies remained in the green. After months of decline, Bitcoin rose 1.75 percent to $23,073.68, as compared to its yesterday’s value of $22,675.24. The trade volume of this currency stood at 26.8 billion.

The global crypto market cap recorded continuous gains for the past week, with its current value at $1.06T, marking an increase of 1.60 percent in the 24 hours. The total crypto market volume also witnessed a boost of 7.76 percent to $56.21B.

The value of Ethereum as of (0930 IST), was up by 0.31 percent to $1,637.97, with its trade volume increased to 8.2 billion. Similarly, other currencies like XRP and Avalanche registered profits of 4.43 percent to $0.423334 and 3.96 percent to $18.65. The price of Dash noticed a boost of 0.63 percent to $52.72, along with a surge in Monero by 0.14 percent to $179.12.

According to CoinMarketCap, Solana’s value rose 1 percent to trade at $24.86. At the same time, Polygon went up by 0.65 percent to $1.01. The value of BNB was also impacted positively with a 5.17 percent hike to stand at $320.33. The Cardano grew by 1.63 percent to $0.378234 in the last 24 hours.

Top gainers and losers of today

The top gainers of today were Threshold, Rocket Pool, Lido DAO, and GMX. Oppositely, Axie Infinity, Aptos, Nexo, and Gemini Dollar were the top losers.

Meme Coins continue to increase

With the growth in the market, meme coins witness advancement. On Tuesday, the value of Dogecoin grew by 0.25 percent to $0.090136. This increase was further marked in Shiba Inu and Dogelon Mars. The price of the former gained by 0.68 percent to $0.000012 and the latter by 2.17 percent to $3.40e-7.

Metaverse tokens decrease

Like yesterday, Decentraland’s value continues to plunge, with its current trading value at $0.728895, marking a 0.19 percent decline. Axie Infinity went down by 8.61 percent to $12.15, and The Sandbox’s value fell by 1.32 percent to $0.799686.