Crypto Market May Not Be Heading for a Bull Run Just Yet By CoinEdition

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Crypto Market May Not Be Heading for a Bull Run Just Yet

Cryptocurrency Jan 19, 2023 03:30AM ET

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Crypto Market May Not Be Heading for a Bull Run Just Yet

BTC/USD

-1.69%

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ETH/USD

-2.69%

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XRP/USD

-0.20%

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BNB/BRL

+1.59%

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The global crypto market cap dipped 2.75% over the last 24 hours.

All of the top 10 cryptos printed 24-hour losses.

MATIC is the biggest loser in the top 10 cryptos list.

The crypto market has bled a significant amount over the last 24 hours, shedding off 2.75% of its collective market cap. This is according to the crypto market tracking website, CoinMarketCap. As a result, the global crypto market cap stands at $969.11 billion at press time.

Within the last 24 hours, all of the top 10 cryptos by market cap have printed losses as they deviate from their weekly momentum.

Polygon (MATIC) posted the biggest daily loss of the top 10 cryptos and is currently down more than 6.19%. The altcoin is, however, up over the last 7 days by 6.66%. CoinMarketCap shows that MATIC is now trading at $0.945.

The two crypto market leaders, Bitcoin (BTC) and Ethereum (ETH) are down 2.17% and 3.53% respectively over the last 24 hours. Currently, BTC is trading below the $21k level at $20,810.06, while ETH’s price sits at $1,527.01.

The price of Binance Coin (BNB) is down 4.21%, bringing its price down to $289.94 at press time. Meanwhile, Ripple (XRP) is down 0.92%. As a result, XRP is changing hands at around $0.3839.

The post Crypto Market May Not Be Heading for a Bull Run Just Yet appeared first on Coin Edition.

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US 30	34,018.3	-35.6	-0.10%
US 500	4,155.1	-24.7	-0.59%
Dow Jones	34,053.94	-39.02	-0.11%
S&P 500	4,179.76	+60.55	+1.47%
Nasdaq	12,200.82	+384.50	+3.25%
S&P 500 VIX	18.73	+0.86	+4.81%
Dollar Index	101.675	+0.108	+0.11%

Crude Oil WTI	76.03	+0.15	+0.20%
Brent Oil	82.31	+0.09	+0.11%
Natural Gas	2.452	-0.004	-0.16%
Gold	1,929.75	-1.05	-0.05%
Silver	23.630	+0.015	+0.06%
Copper	4.1090	+0.0225	+0.55%
US Soybeans	1,529.25	-5.00	-0.33%

U.S. 10Y	3.384	-0.014	-0.42%
U.S. 30Y	3.537	-0.018	-0.49%
U.S. 5Y	3.4759	-0.0070	-0.20%
U.S. 3M	4.6585	+0.0190	+0.40%
US 10Y T-Note	115.56	+0.02	+0.01%
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Amazon.com	112.91	+7.76	+7.38%
Netflix	366.89	+4.90	+1.35%
Meta Platforms	188.77	+35.65	+23.28%
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Crypto Market May Not Be Heading for a Bull Run Just Yet

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