Crypto prices today: Bitcoin increase, Ether, Solana & other currencies fall

On Tuesday, top cryptocurrencies registered losses, except for Bitcoin, which continues to catch eyeballs with its increasing value.

Crypto prices today: Bitcoin increases, Ether, Solana, & other currencies fall

By Nidhi Bhardwaj: Top cryptocurrencies traded mixed on 17 January. The value of Bitcoin stood at $21,121.14, with almost a 0.05 percent increase as per the last 24 hours. For weeks, the price of Bitcoin traded below the $19,000 mark before the recent rise. Amid the growing market, there has been a significant price push in other currencies as well. This push led to a positive shift in the total crypto market volume by 5 percent to $50.17B. However, the global crypto market cap fell by 0.02 percent over the last day to $987.08B.

At the time of writing this article (1000 IST), the value of Ethereum, similar to Bitcoin, witnessed an increase in its value after a few weeks. But yesterday, the market traded mixed, which led to a decrease in the value of Ethereum by 0.56 percent to $1,561.72. The price of Cardano also registered a loss of 2.90 percent to $0.347852. Similarly, Solana also plunged by 0.59 percent to $23.19.

The value of other currencies like XRP also recorded lows at 4.39 percent to $0.384598, along with a decline in the Monero’s value of 4.27 percent to $167.80. In the wake of this downfall, the value of Dash dropped by 5.66 percent to $48.97. At the same time, Avalanche continued to generate profits of 0.44 percent to trade at $16.96.

According to CoinMarketCap, the top gainers of today were Decentraland, Cronos, Curve DAO Token, and The Sandbox. On the other hand, Celo, Near Protocol, Zcash, and Dash were the top losers.

Meme Coins decrease

With the fall of top cryptocurrencies from the previous day, the value of Shiba Inu and Dogecoin were down by 1.67 percent to $0.000011 and 3.03 percent to $0.083899, respectively.

Decetraland and The Sandbox trade in the green

The value of Decentraland remained in the green by 8 percent from yesterday, to trade at $0.748726. Similarly, the price of The Sandbox also gained 5.11 percent to $0.747438. Axie Infinity noticed a fall in its value by 3 percent to $9.08.