Crypto prices today: Bitcoin, Ethereum in the red, meme coins drop

On Thursday, the prices of top cryptocurrencies slipped. The total crypto market volume plunged by 24.55% to $60.32B.

By Nidhi Bhardwaj: Unlike yesterday, the crypto market on 19 January traded in the red. The price of Bitcoin witnessed a decrease of 2.15 percent to trade at $20,834.10, still above its previous week’s lows. The global crypto market cap also fell by 2.64 percent to $969.93B in the last 24 hours. The total crypto market volume plunged by 24.55 percent to $60.32B.

The price of Ethereum as of (0930 IST) declined by 3.37 percent to $1,530.01. The value of BNB marked lows of 3.93 percent to $291.15, along with the fall in Cardano by 4.98 percent to $0.332533. The value of XRP slipped by 1.64 percent to $0.381274 from its yesterday’s value.

This down was noticed in the value of Monero by 7.56 percent to $160.07. Solana’s price was reduced by 6.34 percent to $$21.68 from its previous day’s value of $23.19.

The value of Tron also lowered by 4.20 percent to $0.059542. Avalanche recorded a drop of 7.42 percent to $16.04, compared to the earlier day’s profits. Dash also slipped in value by 3.84 percent to $47.87.

Today’s top gainers were Kava, Aptos, Hedera, and Fei USD. On the other hand, the losers were Rocket Pool, Shiba Inu, Loopring and Gala, according to CoinMarketCap.

Meme coins in the red

The market on Thursday traded mostly in the red, which also negatively impacted the price of Shiba Inu by a 10.20 percent loss to $0.000012. The decline was also noticed in Dogecoin, with its value down by 6.10 percent to $0.081354.

Metaverse tokens slip in the value

The price of Decentraland was lower at 4.85 percent to $0.658701, along with a decline recorded in The Sandbox by 4.47 percent to $0.693500.