Crypto Prices Today: Bitcoin & Pepe Coin Retreat As MANTA Advances

Cryptocurrency prices today were mixed, with major cryptocurrencies appearing to face selling pressure from investors. However, the recent performance of the broader market suggests that investors are shifting their focus towards altcoins, which in turn could have helped the cryptocurrency segment stay in the green.

Cryptocurrency prices have witnessed choppy trading since last week, especially after ETF optimism began to fade. Despite Bitcoin's recent selling pressure, several analysts have suggested that the cryptocurrency could see significant growth in the long term.

The main cryptocurrency prices today

In today's top cryptocurrency prices, the bitcoin price noted a 2.08% decline to $40,768.14 during writing, while its volume in the last 24 hours shot up 13.11% to $12.2 billion. The largest crypto market capitalization has witnessed highly volatile trading so far in recent weeks, as evidenced by the drop of around 8% in its price over the past 30 days.

Among other cryptocurrencies, Ethereum price fell 2.58% to $2,411.01 during the writing of this report, and its trading volume yesterday soared 20.11% to $6.02 billion. Simultaneously, the BNB price fell 0.73% to $315.34, while its market volume recorded gains of 5.71% to $748.35 million.

Notably, the solana price It fell 3.90% to $88.83, and its trading volume increased 2.68% to $1.12 billion. On the other hand, the XRP price noted declines of 2.99% to $0.5372, while losing around 9% in the last seven days.

Furthermore, the cardano price fell 4.38% to $0.4953, and one-day trading volume fell 20.90% to $254.48 million. In particular, in the meme coin segment, the Dogecoin Price fell 4.43% to $0.08285, while the Shiba Inu Price It lost 3.46% compared to its price yesterday and was trading at $0.000009201.

Also read: Ethereum (ETH) Price Holds Within Key Demand, Here's the Next Support Level

The main cryptocurrency prices today are

Pepe Coin loses 5%

The Pepe coin, like the other major meme coins, witnessed choppy trading on Monday, January 22, as investors shifted their focus towards safer assets amid market uncertainties. Meanwhile, the Pepe Coin Price decreased by 5.04% to $0.000001108 at the time of writing, while its trading volume fell by 22.31% to $43.21 million.

Pepe Coin Chart
Pepe Coin Chart

Red Manta (MANTA) soars 15%

He Red Manta was the one that gained the highest percentage in the cryptocurrency market on January 22, defying the general trend observed in the main cryptocurrency prices. At the time of writing, Manta Network's price rose 15.33% to $2.57, and its trading volume skyrocketed almost 90% to $453.73 million in the last 24 hours.

MANTA cryptocurrency chartMANTA cryptocurrency chart
MANTA cryptocurrency chart

Frax Share (FXS) adds 3%

The Frax Share cryptocurrency was another major driver of the cryptocurrency market on Monday, suggesting that investors are shifting their focus towards it. Meanwhile, FXS price increased by 3.05% in the last 24 hours and traded at $9.47, while its trading volume shot up 90% to $51.18 million from yesterday. Notably, the cryptocurrency is up over 10% in the last 30 days, despite a volatile trading scenario in the broader market.

FXS Cryptocurrency ChartFXS Cryptocurrency Chart
FXS Cryptocurrency Chart

Also read: Terraform Labs (TFL) files for bankruptcy, LUNA and LUNC price fell 5%

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A seasoned professional with 3 years in the financial market, Rupam has honed his skills as a meticulous research analyst and insightful journalist. He delights in exploring the dynamic nuances of the financial landscape. Currently working as a sub-editor at Coingape, Rupam's experience goes beyond conventional boundaries. His contributions span breaking news, delving into developments related to artificial intelligence, providing real-time crypto market updates, and presenting interesting economic news. Rupam's journey is marked by a passion to unravel the complexities of finance and deliver impactful stories that resonate with a diverse audience.

The content presented may include the personal opinion of the author and is subject to market conditions. Do your market research before investing in cryptocurrencies. The author or publication assumes no responsibility for your personal financial loss.


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