ethereum, solana, cardano in red » Crypto Insiders
Bitcoin (BTC) seemed to stabilize slightly last night at around $35,000, but at the time of writing, the price is still falling sharply. Bitcoin is currently falling through the USD 34,500 support that held last [...] The post ethereum,...
Bitcoin (BTC) seemed to stabilize slightly last night at around $35,000, but at the time of writing, the price is still falling sharply. Bitcoin is currently falling through the USD 34,500 support that held last weekend. Bitcoin may find support at $33,000, but otherwise it could be $30,000.
Once again we see that the altcoins, which made a nice recovery yesterday, are falling faster. A large part of the prices are currently even falling below the low of Saturday. The total market cap of all cryptocurrencies drops to $1.61 trillion this morning.
📈Market Overview#BTC price trades below $36K
The Top 10 are traded in red zone $SOL -7.9%, $DOT -4.4%, $ADA -3.5%
Market cap: $1.71T (-0.81%) $BTC dominance: 38.84% (+0.14%)
Fear & Greed Index: 13 (Extreme Fear)
Full Report👉https://t.co/k52ByR5XcI pic.twitter.com/CI5Pp3oHp9
— CryptoRank Platform (@CryptoRank_io) January 24, 2022
Ethereum and top 10 fall hard
Ethereum (ETH) rose above USD 2,500 yesterday and it appeared for a moment that Saturday’s USD 2,330 was the low. However, ether is on the decline again this morning, reaching $2,250 at the time of writing after falling 11.5% in 24 hours.
#Ethereum‘s top non-exchange whale addresses have pushed to an #AllTimeHigh 26.22m $ETH held, as weak hands are releasing their coins on this dip. Meanwhile, top $ETH exchange addresses have dumped to 3.52m $ETHthe lowest amount since August, 2015.https://t.co/xDgiDO0xbK pic.twitter.com/hPy5mCLBx3
— Santiment (@santimentfeed) January 24, 2022
Binance coin (BNB) is down 10.5% and is currently back below 345. However, Cardano (ADA) is even 15% down this morning and is currently falling as low as $0.98. Ripple (XRP) is currently down the least hard of the top 10, but is still down 9% and comes in at $0.568.
Solana (SOL) on the other hand is the hardest descender in the top 10 and is no less than 19% in the minus and comes out at $82.8. Terra (LUNA) is down 14% and is falling below $60. Polkadot (DOT) is losing 13 of its value and currently stands at $16.4.
Top 100 hardest fallers
Most of the top 100 are back more than 10% in the red this morning from 24 hours ago. Algorand (ALGO), waves (WAVES), sandbox (SAND), fantom (FTM), secret (SCRT), kusama (KSM), vechain (VET), uniswap (UNI), graph (GRT), tezos (XTZ), In fact, enjin (ENJ), elrond (EGLD), gala (GALA), flow (FLOW), stacks (STX), oasis network (ROSE), and shib ainu (SHIB) all lose more than 15% of their value.
Don’t miss Algorand’s next #developer office hour on Tuesday at 12pm EST! This session will feature demos using @reachlangincluding how to build #NFTs†
Save your spot here https://t.co/b45SG4Wmtf pic.twitter.com/8VCr570pzx
— Algorand (@Algorand) January 23, 2022
Hedera (HBAR), kadena (KDA), quant (QNT) and thorchain (RUNE) even 17%. Polygon (MATIC), harmony (ONE), theta (THETA), celsius (CEL) and harmony (ONE) no less than 18%. Next to solana, near (NEAR) is the big loser today. NEAR is down 20% to $9.6 and is down a whopping 52% from a week ago.
Let’s have a look at the number of followers of top blockchains in the crypto market! wen @NEARProtocol 1 billion followers?#NEAR $NEAR pic.twitter.com/oMzIiimvrq
— Nearians (@Nearians_) January 22, 2022
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