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Only 5 cryptocurrencies out of the top 100 have shown price growth in the last 24 hours
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Only 5 cryptocurrencies out of the top 100 have shown price growth in the last 24 hours

Jan 14, 2024

Over the past 24 hours, amid a significant decline in the value of Bitcoin and a general decrease in the market capitalization of digital assets by more than 5%, only five cryptocurrencies from the top 100 by market capitalization have managed to demonstrate positive price dynamics. According to the latest data, as of the evening of January 13, 2024, the total market capitalization of all cryptocurrencies in the industry has decreased to $1.67 trillion.

Among those that have shown growth, Sui (SUI) stands out, with its price increasing by 11.75%, reaching $1.33. Celestia (TIA) also demonstrated significant growth at 8.29%, reaching a price of $17.14. Additionally, the cryptocurrency Tron (TRX) ranked 11th in the rankings, thanks to an increase in its price by 5.66%, reaching $0.113. Small increases were also observed in Chiliz (CHZ) and UNUS SED LEO (LEO).

Meanwhile, Bitcoin's quotes experienced a decline of 4.98%, dropping to $43,000. The market capitalization of the leading cryptocurrency amounted to $842.75 billion, with its market dominance among altcoins at 50.6%.

The cryptocurrency market continues to be highly volatile, largely due to its relative novelty, lack of strict regulation, high degree of speculative activity, and limited liquidity. These factors contribute to significant price fluctuations, even with relatively small trading volumes.

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