Today, the market for cryptocurrencies has shown a positive trend, with all major digital currencies experiencing a reversal in their losses and turning ‘green’. Bitcoin, the largest cryptocurrency, has made a significant recovery from its recent drop below $39,000. Similarly, Ethereum and other altcoins have also seen significant price increases.
Here are the major crypto prices for today: Bitcoin is approaching its target of $42,000, with a 4.28% increase to $41,862.31 at the time of writing on Saturday, January 27. Its trading volume has also seen a massive surge of 38.05% to $25.21 billion in the last 24 hours, while its market capitalization stands at $820.68 billion.
In the altcoins sector, Ethereum has seen a 2.24% increase in price to $2,274.54, with a market valuation of $273.35 billion. Its trade volume has also increased by 5.48% to $9.70 billion. The price of Binance Coin (BNB) has dropped by 4.12% to $306.15, with a 24-hour trade volume decrease of 6.6% to $973.83 million.
On the other hand, Solana has seen a 5.27% increase in price to $92.70, with a 28.75% increase in trade volume to $2.05 billion in the last 24 hours. The XRP price drop has finally stopped, with a 3.77% increase to $0.5338, and a 23.24% increase in trade volume to $1 billion.
In contrast, Cardano has seen a 3.44% increase in price to $0.4863, with an 8.5% rise in its 24-hour trade volume to $361.68 million. In the meme coin market, Dogecoin has increased by 2.44% to $0.08005, while its competitor Shiba Inu has seen a 2.18% increase to $0.000009096.
In other news, the ongoing dispute between Binance and the SEC has escalated over evidence production. The top crypto prices for today are:
Pepe Coin, an example of a popular meme cryptocurrency, has seen a 30% drop in its price today, reaching $0.000000947. Its market valuation stands at $50.52 million, while its 24-hour trade volume has increased by 68.97% to $1.28 million.
SATS, a stock with a long-term bearish turn that has now been reversed, has seen a 27% increase in price today, reaching $0.0005205. Its trade volume has also increased by 59.27% to $166.13 million.
Sui, an up-and-coming crypto, has also seen a notable increase today, with a 21.98% increase in price to $1.45. Its trade volume has seen a significant surge of 97.09% to $738.33 million, reaching a peak of $1.49. Lastly, Ripple’s CTO has exposed a new scam targeting NFT bidders on OpenSea.