Crypto prices today: Bitcoin decrease 1.47%; Ethereum shrink, meme coins and metaverse tokens fall

On Friday, the value of top cryptocurrencies declined. The global crypto market sank by 1.44%, along with a plunge in total crypto market volume.

Crypto prices on 27 January

By Nidhi Bhardwaj:

On 27 January, the prices of top cryptocurrencies remained in the red. The value of Bitcoin was down by 1.47 percent to $22,795.10, slightly lower than its previous day’s value, with trading volume at $26.2 billion. The global crypto market cap declined 1.44 percent to $1.04T in the last 24 hours. The total crypto market volume also witnessed a fall in its value by 10.47 percent to $54.79B.

Ethereum’s value was down by 3.06 percent to $1,567.30 as of (0930 IST), with its trading volume increased to 8.6 billion in the last few days. The value of XRP fell 1.52 percent to $0.405680, along with Avalanche’s decline by 1 percent to $17.86. The price of Monero dropped by 1.35 percent to $170.91. However, Dash increased by 0.84 percent to $50.83 over the last 24 hours.

According to CoinMarketCap, Solana’s value was impacted by a 3.88 percent decrease to $23.76. At the same time, Polygon went up by 9.38 percent to $1.09. The value of BNB plunged 0.78 percent to $303.59. The Cardano sank by 1.90 percent to $0.372914 in the last 24 hours.

Top gainers and losers of today

The top gainers of today were Fantom, eCash, Bitcoin SV, and Polygon. Oppositely, Threshold, Frax Share, Lido DAO, and Optimism were the top losers.

Meme coins witness fall

With the decline in the market, meme coins witnessed a drop. On Friday, the value of Dogecoin was down by 2.15 percent to $0.085141. This decrease was further marked in Shiba Inu by 1.75 percent to $0.000011 and in Dogelon Mars by 2.53 percent to $3.20e-7.

Metaverse tokens decrease

Decentraland’s value continues to plunge, with its current value at $0.661829, marking a 3.15 percent decline. Axie Infinity went down by 3.66 percent to $11.44, and The Sandbox’s value dropped by 3.93 percent to $0.722439.

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