Cryptocurrency Price Today: Bitcoin Begins New Year Hovering At $42k

Bitcoin (BTC), the world's oldest and most valued cryptocurrency, began 2024 on a somewhat stable note, hovering around the $42,000 mark early Monday morning. Popular altcoins, including Ethereum (ETH), Ripple (XRP), Litecoin (LTC), Solana (SOL), and Dogecoin (DOGE), saw a mix of minor gains and losses across the board. The 1inch Network token (1INCH) became the biggest gainer of the lot, jumping nearly 25 percent in 24 hours. The FTX Token (FTT), on the other hand, became the biggest loser with a drop of more than 9 percent in 24 hours.

The global crypto market capitalization stood at $1.65 trillion at the time of writing, recording a loss of 0.36 percent in 24 hours.

Bitcoin (BTC) price today

The price of Bitcoin stood at $42,353.25, registering a jump of 0.34 percent in 24 hours, according to CoinMarketCap. According to Indian exchange WazirX, the price of BTC stood at Rs 37.54 lakh.

Ethereum (ETH) price today

The price of ETH stood at $2,277.07, marking a loss of 0.19 percent over 24 hours at the time of writing. According to WazirX, the price of Ethereum in India stood at Rs 2.02 lakh.

Dogecoin (DOGE) price today

DOGE recorded a 0.94 percent drop in 24 hours, according to data from CoinMarketCap, currently priced at $0.08906. According to WazirX, the Dogecoin price in India stood at Rs 7.94.

Litecoin (LTC) price today

Litecoin saw a drop of 0.52 percent in 24 hours. At the time of writing, it was trading at $72.52. LTC price in India stood at Rs 6,472.62.

Ripple Price (XRP) Today

The price of XRP stood at $0.6121, with a loss of 1.46 percent in 24 hours. According to WazirX, the price of Ripple stood at Rs 54.25.

Solana (SOL) price today

The price of Solana stood at $102.37, representing a gain of 0.56 percent in 24 hours. According to WazirX, SOL price in India stood at Rs 9,000.01.

Top Crypto Gainers Today (January 1)

According to data from CoinMarketCap, these are the top five cryptocurrency gainers in the last 24 hours:

1 inch net (1 INCH)

Price: $0.5242
24 hour gain: 24.63 percent

Klaytn (KLAY)

Price: $0.2716
24 hour gain: 16.53 percent

Filecoin (FIL)

Price: $6.79
24 hour gain: 12.58 percent

Bitcoin SV (BSV)

Price: $95.79
24 hour gain: 8.23 percent

Manufacturer (MKR)

Price: $1,707.30
24 hour gain: 6.79 percent

Top Crypto Losers Today (January 1)

According to data from CoinMarketCap, these are the top five cryptocurrency losers in the last 24 hours:

FTX Token (fTT)

Price: $3
Loss of 24 hours: 9.09 percent

Red Woo (WOO)

Price: $0.3908
Loss of 24 hours: 7.35 percent

my my)

Price: $1.32
Loss of 24 hours: 7.06 percent

Injective (INJ)

Price: $35.37
Loss of 24 hours: 6.93 percent

Bonk (BONK)

Price: $0.00001304
Loss of 24 hours: 6.45 percent

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Disclaimer: Crypto products and NFTs are unregulated and can be very risky. There may be no regulatory recourse for any losses arising from such transactions. Cryptocurrency is not legal tender and is subject to market risks. Readers are advised to seek expert advice and carefully read the offering documents along with relevant relevant literature on the subject before making any type of investment. Cryptocurrency Market predictions are speculative and any investment made will be at the sole risk and expense of the readers.

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