Bitcoin Moves Lower And Drags Market Down

Crypto Currencies Lose Steam

Of the 1,665 digital currencies monitored, the past 24 hours saw total market losses of $167,307,257, as 81% of currencies fell. The biggest impact on the market came from Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), Litecoin (LTC), and Bitcoin SV (BSV).

Bitcoin Update

Bitcoin (BTC) swung between a high of $3,734.00 and a low of $3,570.00 ending twenty four hours of trading at $3,545. This equates to a loss of $159,771,199.00 in market cap. A month ago, bitcoin traded at . It has seen a -12% weekly decline, and in just the last hour bitcoin has fallen -0.40%. Currently there are 17,480,000 bitcoins in circulation, representing 83% of the final twenty-one million bitcoins that can be mined. 1,311,314 of these bitcoins were traded in the past 24 hours.
In January Bitcoin started the month at $3,750 and swung between $3,633 and $4,114, closing at $3,653 on January 12.

Top 20 Crypto-Currency Coins

Examining the top 20 crypto currencies (ranked by market cap), the top performer over the last 24 hours was USD Coin (USDC) 0.19%, while the worst three performing were TRON (TRX) -10.20%, Bitcoin SV (BSV) -9.79%, Cardano (ADA) -8.97%.

Entire Market Winners and Losers

If we look across the 1,665 crypto currencies (that we track), the biggest short term winners were:

  • TRONCLASSIC (TRXC), gained 916%, and a market cap of 2,321 Bitcoins.
  • Darcrus (DAR), gained 272%, with a market cap of 49 Bitcoins.
  • SpreadCoin (SPR), gained 96%, and a market cap of 28 Bitcoins.
  • Escroco Emerald (ESCE), gained 92%, and sports a market cap of 12 Bitcoins.
  • GrandCoin (GDC), gained 87%, and has a market cap of 17 Bitcoins.

On the downside, the biggest losers were

  • AgaveCoin (AGVC), lost 90%.
  • SounDAC (XSD), lost 80%.
  • DECENT (DCT), lost 48%.
  • Commercium (CMM), lost 47%.
  • Leverj (LEV), lost 47%.

Cryptocurrencies are traded day and night, so instead of covering a market session, we cover the last 24 hours of trading. Remember, prices on Cryptocurrencies can vary quite a bit across exchanges, so always check your local exchange for current rates.


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