Bitcoin (BTC), the world’s oldest and most valued crypto, dipped down to the $100,000 range early Monday as the overall market sees a sudden correction. Other popular altcoins — including the likes of Ethereum (ETH), Solana (SOL), Ripple (XRP), and Litecoin (LTC) — landed in the reds across the board as overall Market Fear & Greed Index stood at 55 (Neutral) out of 100, as per CoinMarketCap data. Onyxcoin (ONYX) became the biggest gainer of the lot, with a 24-hour jump of above 10 percent. FARTCOIN became the biggest loser for the second consecutive day, with a 24-hour loss of over 29 percent.
The global crypto market cap stood at $3.45 trillion at the time of writing, registering a 24-hour loss of 4.90 percent.
Bitcoin (BTC) Price Today
Bitcoin price stood at $100,894.04, registering a 24-hour dip of 4.17 percent, as per CoinMarketCap. According to Indian exchanges, BTC price stood at Rs 86.88 lakh.
Ethereum (ETH) Price Today
ETH price stood at $3,165.55 marking a 24-hour loss of 5.72 percent at the time of writing. Ethereum price in India stood at Rs 2.73 lakh.
Dogecoin (DOGE) Price Today
DOGE registered a 24-hour dip of 8.30 percent, as per CoinMarketCap data, currently priced at $0.3273. Dogecoin price in India stood at Rs 28.01.
Litecoin (LTC) Price Today
Litecoin saw a 24-hour loss of 8.13 percent. At the time of writing, it was trading at $114.66. LTC price in India stood at Rs 9,826.81.
Ripple (XRP) Price Today
XRP price stood at $2.98, seeing a 24-hour dip of 5.07 percent. Ripple price in India stood at Rs 255.08.
Solana (SOL) Price Today
Solana price stood at $232.53, marking a 24-hour loss of 10.35 percent. SOL price in India stood at Rs 20,258.07.
Top Crypto Gainers Today (January 27)
As per CoinMarketCap data, here are the top five crypto gainers over the past 24 hours:
Onyxcoin (XCN)
Price: $0.03682
24-hour gain: 10.01 percent
Jupiter (JUP)
Price: $0.9868
24-hour gain: 7.03 percent
AIOZ Network (AIOZ)
Price: $0.8132
24-hour gain: 3.99 percent
Bittensor (TAO)
Price: $421.96
24-hour gain: 3.42 percent
Movement (MOVE)
Price: $0.729
24-hour gain: 3.41 percent
Top Crypto Losers Today (January 27)
As per CoinMarketCap data, here are the top five crypto losers over the past 24 hours:
Fartcoin (FARTCOIN)
Price: $0.9635
24-hour loss: 29.81 percent
Virtuals Protocol (VIRTUAL)
Price: $2.10
24-hour loss: 16.66 percent
Hyperliquid (HYPE)
Price: $20.63
24-hour loss: 15.86 percent
Optimism (OP)
Price: $1.42
24-hour loss: 14.91 percent
Ethena (ENA)
Price: $0.7426
24-hour loss: 14.20 percent
What Crypto Exchanges Are Saying About Current Market Scenario
Mudrex co-founder and CEO Edul Patel told ABP Live, “Bitcoin is trading at $101,000 after a sudden correction in the market. Despite this, BTC is holding above important moving averages such as the 50-day and 200-day EMAs showing strong resilience. Bulls must defend the critical $100,700 support to avoid deeper losses. Bitcoin faces the next major resistance near $107,200 making it easy for bulls to take control at these levels.”
CoinSwitch Markets Desk noted, “With markets sinking in the fact that USA’s first crypto president is in the power for one week now, BTC is still holding ground above the 100k mark. With liquidity zone being formed around the 98k – 102k USD mark, high volatility is expected. Although Bitcoin has retraced by more than 7% from the all time high it hit last week – alts have started to show strength with several coins notably RWA based Mantra (OM) token, Ethereum restaking based Lido DAO (LDO) are sitting at more than 20% gains in last 7 days.”
Avinash Shekhar, Co-founder & CEO, Pi42, said, “Bitcoin’s recent price movement highlights the battle between bulls and bears as the struggle between optimism and uncertainty persists. With short-term holders indicating cautious sentiments due to major liquidations and fluctuations in trading volumes, while long-term holders are optimistic and expressing resilience. Bitcoin is currently trading at $100,850; if it breaks the $109,588 mark, it can see a possible surge to $126,706. However, a failure of holding the crucial $90,000 support could lead to a price correction to $85,000.”
Sathvik Vishwanath, CEO and co-founder of Unocoin, said, “Bitcoin is approaching a critical support level at $100,000. A firm close below this level could signal a potential decline, with the next major support around $90,000. If the price fails to hold above $100,000, it may trigger increased selling pressure and a pullback toward lower levels. Traders will likely watch for any signs of consolidation or reversal near this support. However, if Bitcoin manages to hold above $100,000, it could indicate a continuation of the current uptrend. Monitoring key price action in the coming days will be crucial to understanding Bitcoin’s near-term.”
Shivam Thakral, CEO of BuyUcoin, said, “Bitcoin has experienced significant volatility, plummeting below $102,000 and trading around $100,908, marking a decrease of approximately 3.49% in the last 24 hours. Adding to the market dynamics, former President Trump has initiated a crypto working group to draft new regulations and explore a national stockpile for cryptocurrencies. This move could signal increased governmental oversight and potential stabilization efforts in the crypto sector.”
CoinDCX Research Team noted, “The crypto markets witnessed a dreadful weekend, experiencing more than a 5% drop in the market capitalization plunged from $3.6 trillion to $3.45 trillion. The bitcoin price plummeted to $100K and is trying to recover. The XRP price displayed acute strength, while Cardano’s price underwent a huge pullback to $0.92 and is expected to go lower. Besides, Ethereum’s price displayed some stability as it sustained above $3000. However, it drops out of the top 10 protocols by 24-hour fees as Tether & Jito take the lead.”
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Disclaimer: Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Cryptocurrency is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Cryptocurrency market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.